Pension funds should be “extremely cautious” when investing in illiquid assets, as rising interest rates and falling stock markets increase the likelihood of needing to access cash quickly, the OECD has warned. In the new era of low interest rates,…
Rescue workers work at the site of a building damaged during a Russian missile attack, amid Russia’s offensive in Ukraine, in Kyiv, Ukraine on December 31, 2022. Gleb Garanich Reuters Russia carried out three missile attacks on Ukraine on Saturday,…
The figures at the forefront of Britain’s response to Russia’s war in Ukraine joined Queen’s guitarist Brian May and a fashion designer dubbed the “mother of the miniskirt” in the country’s New Year’s Honors list on Friday. Artists, community leaders…
Former Pope Benedict, who in 2013 became the first pope in 600 years to resign rather than rule for life, has died in Rome at the age of 95. Benedict, officially known as Pope emeritus, became the first German Pope…
Pope Benedict XVI is pictured on February 28, 2013 in Rome, Italy. Franco Origlia Getty Images News | Getty Images Pope Emeritus Benedict XVI, the conservative Roman Catholic Bavarian-born theologian who earned the nickname “God’s Rottweiler” and who shocked his…
As a teenager, Greg, who goes by his first name for privacy, was diagnosed with an autoimmune condition and, when it relapsed, his parents insisted he live with him. “My family is very supportive. They are basically full-time caretakers. [It’s]…
Benedict XVI, the former pope who died at the age of 95, was destined from the day of his election in April 2005 to work under the long shadow of John Paul II, his famous predecessor. But the German-born theologian,…
The beginning of ‘Dry January’, a month when many people do not drink alcohol, usually brings a higher level of attention to non-alcoholic drinks. But the CEO of one of the leading non-alcoholic beer companies said that the demand for…
Amid sky-high prices for everything from food to household goods, Americans are closer to their budget this year than ever before. Only about a quarter (26%) of Americans report overspending in 2022, compared to 28% in 2021 and 32% in…
What goes down, must go up – and next year, no less. At the very least, that’s the confidence that will justify this year’s status as the second-best year on record for inflows into stock-focused exchange-traded funds. Even as equities…