Barclays recently reported its second-quarter financial results, showing a net profit slightly lower than the previous year. Despite a decline in net interest income in its core U.K. units, the bank’s performance managed to exceed analysts’ expectations. Barclays reported a net profit attributable to shareholders of £1.2 billion, which was below the £1.3 billion achieved
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As Meta prepares to report its second-quarter earnings after the market closes on Wednesday, analysts are closely watching for key figures. The consensus estimates include earnings per share of $4.73 and revenue of $38.31 billion. This marks an anticipated sales growth rate of 20% from the previous year’s $32 billion, indicating a recovery from the
The current real estate market is showing signs of promise for potential buyers, with a recent report indicating a slight improvement in home affordability for the summer season. According to data from the Mortgage Bankers Association, the median new mortgage payment in June decreased by 2.4% compared to May, dropping from $2,219 to $2,167. This
As Russian lawmakers approved a new law allowing the use of cryptocurrency for international payments, the global financial landscape witnessed a significant shift. The State Duma’s decision to greenlight the legislation marks a historic moment in the country’s financial sphere. With the ongoing financial pressure from Western sanctions, Russia’s embrace of cryptocurrency comes at a
The Federal Reserve is expected to implement the first interest rate cut in several years, which could potentially lead to a decrease in mortgage rates. Homebuyers are eagerly awaiting this decision as even slight reductions in rates can have a significant impact on the overall cost of purchasing a home. While there is a low
With the renewed interest in the nine-to-five aesthetic, also known as “corpcore,” it seems that young professionals are embracing a more professional look in the workplace. This trend involves tailored suits, blazers, and pencil skirts, showcasing a corporate take on quiet luxury. However, despite the shift towards a more formal dress code, new research indicates
Family offices are facing a fierce battle for talent in today’s competitive landscape. As these private investment arms of single families continue to grow in size and number, they are competing directly with private equity firms and venture funds for top staff. In response to this challenge, family offices are revamping their compensation plans by
In a volatile stock market environment, finding stable investments can be a challenge. However, dividend-paying stocks have historically provided a level of stability that can help investors weather the storm. One such stock is Western Midstream Partners (WES), a limited partnership that owns and operates midstream assets in various states. With a high dividend yield
Living in a major city in Asia can be quite expensive, with cities like Singapore and Hong Kong leading the pack in terms of cost of living. According to Numbeo, a family of four can expect to spend around $9,000 a month to live in these cities. This high cost can be attributed to the
The cryptocurrency market witnessed a significant event this week as spot ether exchange-traded funds made their debut. Franklin Templeton, among the nine applicants granted approval by the Securities and Exchange Commission, introduced the Franklin Ethereum ETF (EZET). Unfortunately, EZET experienced a 10% decline since its inception due to the overall sell-off in cryptocurrencies. Despite the