Billionaire wealth largely paper-based, study finds
Groundbreaking research reveals the staggering truth about billionaire wealth - much of it exists only on paper, creating a distorted picture of global inequality.
Category : Markets
Trump Media Stock Plummets Amid Major Financial Losses
Donald Trump's media venture faces turbulent times as Truth Social battles to gain traction and DJT stock experiences dramatic declines, raising questions about the company's long-term viability.
Sydney Gold Rush: Record Demand at ABC Bullion
Sydney's premier gold dealer ABC Bullion experiences unprecedented demand as investors flock to safe-haven assets amid global economic uncertainty and soaring gold prices reaching record highs.
Travis Kelce invests in Six Flags theme parks
Kansas City Chiefs tight end Travis Kelce makes strategic move into theme park industry with Six Flags stake, following business expansion beyond football.
Gold Price Suffers Worst Daily Crash Since 2013
Gold investors faced a bloodbath as the precious metal suffered its most dramatic collapse since 2013, with prices crashing over 5% amid shifting Federal Reserve expectations and strengthening dollar.
Trump's Truth Social shares nosedive 70% amid crisis
Donald Trump's social media venture faces catastrophic stock collapse as Truth Social parent company reports staggering $58 million losses, raising serious questions about its financial viability.
GM stock plunges after profit warning and EV target retreat
General Motors shares tumble after company slashes 2024 profit forecast and concedes electric vehicle targets are no longer achievable, sending shockwaves through automotive markets.
Bank of England's Bailey admits inflation forecast failures
Bank of England Governor Andrew Bailey admits to 'very big lessons' learned after inflation forecasts repeatedly missed the mark during cost of living crisis.
Rare 50p Coin Sells for £113 at Auction
A scarce 2009 Kew Gardens 50p coin has sold for over double its face value in a recent auction, sparking renewed interest in coin collecting across the UK.
FTSE 100 plunges amid inflation fears and poor earnings
London's FTSE 100 index suffers significant losses amid disappointing corporate earnings and renewed inflation concerns, creating turbulent trading conditions for UK investors.
Trump Threatens to Ban Amazon from Wall Street
Former President Donald Trump threatens to banish Amazon from US stock exchanges, accusing Jeff Bezos' empire of committing 'treason' against American interests in explosive Truth Social post.
Rachel Reeves's ISA Warning: Review Your Savings Now
Shadow Chancellor Rachel Reeves sounds alarm on investment risks as experts reveal why traditional savings approaches may no longer protect your financial future in today's volatile market.
London's AIM Market Named World's Best Performing Exchange
London's Alternative Investment Market (AIM) has outperformed global rivals, delivering exceptional returns and cementing its status as the premier growth market for innovative companies.
Plus500 revenue dips in quiet markets
London-listed trading platform Plus500 sees revenue decline as subdued market conditions dampen client activity, though company remains optimistic about future prospects.
Jet2 Chairman Slams "Anti-Business" Budget
Jet2 chairman Philip Meeson delivers scathing criticism of Rachel Reeves' first budget, warning it threatens UK aviation competitiveness and could push up holiday prices.
UK backs French theme park with far-right links
Exclusive investigation reveals controversial French theme park chain Puy du Fou secured UK government support for its Midlands project despite its founder's deep ties to far-right movements and anti-LGBTQ+ stance.
Rare 2p coins worth up to £1,000 discovered
Discover how a rare error in the 1980s 2p coins could turn your small change into a small fortune. Learn which dates to look for and why collectors are paying hundreds.
Wall Street's Bad Loan Crisis Sparks 2008 Meltdown Fears
Financial markets are experiencing significant turbulence as fears grow over deteriorating loan quality, drawing alarming parallels to the 2008 banking crisis that shook global economies.
UK Hunts Wolf of Wall Street's Jordan Belfort
British authorities intensify their pursuit of Jordan Belfort, the infamous 'Wolf of Wall Street,' as he continues to profit from his criminal past through UK speaking engagements.
Trump's Ozempic Remark Hits Pharma Stocks
Former President Donald Trump's critical comments about weight-loss drugs like Ozempic triggered dramatic market movements, wiping billions from pharmaceutical giants before a partial recovery.
JPMorgan CEO Dimon Issues Stark Market Crash Warning
JPMorgan Chase CEO Jamie Dimon sounds alarm over 'worrisome' market conditions, drawing parallels to 2008 financial crisis. Expert analysis reveals why investors should brace for turbulence.
JPMorgan CEO Warns: Stock Market Crash Looms
JPMorgan Chase CEO Jamie Dimon delivers sobering assessment of global economy, warning investors of potential market crash and multiple economic threats ahead.
London's AIM market outperforms Wall Street's Nasdaq
Investment director Russ Mould reveals how London's junior AIM market has outperformed Wall Street's Nasdaq, while FTSE 100 giants Barclays and Lloyds face contrasting fortunes in challenging economic conditions.
IMF warns private credit boom threatens financial stability
The International Monetary Fund warns that explosive growth in private credit markets poses significant risks to global financial stability, calling for urgent regulatory oversight.
UK government borrowing costs hit 20-year high
Chancellor Rachel Reeves faces mounting pressure as UK government borrowing costs surge to their highest level in two decades, threatening Labour's economic plans and increasing pressure on public finances.
Ferrari cuts UK cars as wealthy flee tax raids
Luxury car manufacturer Ferrari dramatically reduces British allocations as high-net-worth buyers relocate abroad following Labour's proposed tax increases on luxury goods and non-doms.
US car repossessions hit highest level since 2008 crisis
Vehicle repossessions across America have surged to their highest level since the 2008 financial crisis, signalling growing financial distress among households as economic pressures mount.
Gold hits record high as banking fears spark market crash
Global stock markets tumble amid renewed anxiety over US banking stability, while investors flock to safe-haven assets pushing gold to unprecedented levels.
Gold Prices Soar to Record Highs: Analysis & Insights
Gold prices have surged to unprecedented levels, breaking through key resistance barriers. Discover the economic forces behind this remarkable rally and expert insights on whether this golden run has further to go.
Pearson shares plummet 15% on US market woes
London-based education giant Pearson faces significant headwinds as weak US college textbook sales trigger major stock decline and strategic review.
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