Money and Wealth

Have you thought about investing in bonds? Well, they may not be the first thing that comes to mind. Stock market investment is in vogue, the arena of excitement, anticipation, risks, and profits. The market has so much drama that people tend to forget about bonds. Moreover, people believe that...

If you’re a business owner and you haven’t taken the time to pre-plan your exit strategy, do it this year. Even if you have no intentions of leaving the helm soon, you might be feeling differently in a year or two. Plenty of entrepreneurs wind up following other ideas and...

Kohl’s appoints Tom Kingsbury (70) as its new Chief Executive Officer. Kingsbury had been interim CEO since December 2, 2022 when Michelle Gass left the company to join Levi Straus & Co. Kingsbury has more than 40 years of retail industry experience. He was president and CEO of Burlington Stores...

Conferma Pay appoints Square and Mastercard veteran Jason Lalor as its new Chief Executive Officer. The appointment follows Sabre’s acquisition of Conferma Pay in August 2022. Prior to joining Conferma Pay, Jason Lalor served as chief executive of Square’s European business, headquartered in Dublin. Before that, he spent six years...

Carlyle Group’s new chief executive officer Harvey M. Schwartz stands to make more than $180 million over the next 5 years, a package that would make him one of Wall Street’s highest-paid executives. He will also earn a $1 million annual base salary and be eligible for bonuses of up...

Businesses are creating and collecting data significantly faster than before. Unfortunately, data can hurt businesses more than it helps if different departments or business applications process it in silos. In order to turn data into an asset, companies must engage the people providing it, keep it updated, and improve interdepartmental communication....

Risk profiling is an important responsibility of financial advisors. For them to assess and suggest financial planning, they need every detail from their client, which can affect finances in any way. One of the things finance advisors look into is the degree of risk tolerance. Basically, they must ascertain whether...

In the past few years, Citizenship by Investment (CBI) schemes have been doing rounds. Investors from across the globe are eyeing such schemes offering lenient citizenship requirements in exchange for investment in select forms. Often referred to as Golden Visas, they are essentially a gateway to citizenship and hence, the...

I started financial planning and management a little later than I should have. We all tend to become too lackadaisical and over-confident in our abilities to handle financial issues. But, finances and their management involve long-term efforts with significant forethought. Yes, you cannot be prepared for every financially intensive incident...

Finance management requires sound counsel, but many people cannot afford a full-time financial counselor or planner. Moreover, these full-time professionals do not come cheap and can cost quite a significant amount. Realizing the need to provide alternatives to people, Robo-advisors have evolved and become integral to financial management. AI is...