Wall Street’s main indexes reached new record highs following the Federal Reserve’s decision to cut interest rates and its indication that more reductions could be on the way. The Dow Jones, S&P 500, and Nasdaq Composite all saw gains, with the S&P 500 technology sector and the small-cap Russell 2000 index also hitting new records.…

The number of new applications for unemployment benefits in the U.S. has fallen, reversing a recent spike and suggesting a more resilient labor market than previously feared. While the demand and supply of workers have both softened, the drop in claims signals that layoffs remain at a relatively low level. This news has led some…

For real estate brokers in the UAE, the industry offers a unique blend of high risk and enormous reward. The article shares the story of Tamara Cortan, a former flight attendant who, in a single day, earned a commission equivalent to two years of her previous salary. Her story highlights how the “commission only” model…

Cryptocurrencies are moving from specialized platforms to mainstream banking. In a landmark move, RAKBANK has become the first traditional bank in the UAE to offer crypto services directly through its mobile app, thanks to a partnership with European platform Bitpanda. This development is driven by a clear goal: to make cryptocurrency investment safer, more regulated,…