Finance news

IRAs hold trillions more than 401(k) plans — yet people hardly save in them

Investors are increasingly rolling money from 401(k) plans to IRAs. Some observers fear they're exposed to poor investment advice.

If you think China needs to dethrone U.S. dollar, you don't understand how it is waging global currency war

It's misguided to focus on China's renminbi replacing the U.S. dollar. Beijing is already successfully reducing dependence on a dollar-centric global system.

Commerzbank, Delivery Hero, Curevac: Attention, takeover! How managers keep productivity high

An impending takeover causes guesswork among the workforce and endangers the business. How do managers prevent this?

The final insurance frontier: Hong Kong spots opportunity in mainland China’s space boom

Elon Musk’s recent record-breaking SpaceX IPO has thrust the space economy into the financial mainstream, but mainland China’s trillion-yuan commercial space sector remains strikingly underinsured – a gap industry insiders say presents a rare opportunity for Hong Kong. On the mainland, only third-party liability insurance is mandatory for commercial space activities. Coverage for research and development, manufacturing, testing, launches and in-orbit operations remained largely optional,...

Forget the ‘Sell America’ trade: Why U.S. markets keep proving the naysayers wrong

Foreign investors are still pouring money into U.S. assets, and the dollar remains the undisputed global reserve currency.

Bonds: Big Tech issues billions in bonds in the euro area: What does this mean for European corporate bonds?

US technology companies such as SpaceX, Nvidia and Amazon have issued bonds for $219 billion since January. This is also what concerns companies and investors in Europe.

11 killed in plane crash in northeastern France

Eleven ⁠people, including a pilot ⁠and 10 parachutists, were ⁠killed when a small plane crashed in the northeastern French town of Tomblaine on Sunday, narrowly missing nearby homes, local officials and a witness said. The aircraft, used by a parachuting ‌school and carrying five trainee parachutists and five instructors, went down shortly after take-off, officials said. French media reported the trainees were a group of nurses. A witness who declined to be identified said the plane was climbing

High construction costs: Why a place in a nursing home costs 9,000 euros

The rooms in nursing homes are often as expensive as in luxury hotels. A visit to a construction site in Cologne shows why this is the case.

+++ Ukraine War +++: Kyiv confirms attacks on two refineries in Russia

Poland fears Russian attacks on NATO's eastern flank +++ Zelensky: Have submitted a peace proposal to Putin +++ Authorities declare a state of emergency in Crimea +++ The news blog.

Accident: Helicopter belonging to Saudi Arabia's oil company crashes - 14 dead

An important terminal for the export of crude oil is located in Ras Tanura in eastern Saudi Arabia. Now there is a fatal helicopter crash there. Is it an accident?

My turning point: “You just want to make me tired!” our business partner shouted

For a long time, the current Almdudler owner, Thomas Klein, wanted to become an actor. But flying sausages took him down a different path.

Management moment: When should you respond to provocations?

US President Donald Trump and Italian Prime Minister Giorgia Meloni are in a clinch. And it reveals a lot that also helps in the office.

+++ Federal politics +++: Black and red party leaders discuss in the Chancellery

Greens advocate regional electricity prices +++ Merz wants to strengthen the healthcare industry +++ Pantisano regrets the CDU's rejection of his apology +++ The news blog.

China isn’t Europe’s real problem

Generals losing a war examine the enemy, battlefield and their own forces. Brussels prefers a different sequence, ordering new weapons first and worrying about the diagnosis later. That instinct was on display at the recent European Council meeting. Faced with a trade deficit it cannot close and dependencies it cannot shake, the European Union agreed on a new label: “global macroeconomic imbalances”. To solve them, European Commission president Ursula von der Leyen was reportedly directed to...

Top Wall Street analysts are bullish on these 3 stocks for strong long-term growth potential

Amid volatility in global markets, top analysts can help investors look past near-term noise and pick attractive stocks with long-term potential.

UK man arrested after woman’s body found in suitcase in Colombia

A British man has been arrested in Ecuador after the body of a woman was found inside a suitcase despite him telling The Sun newspaper that he was watching England at the time. Matthew Ashley Foster-Smith is alleged to have caused the death of 36-year-old Natalia Villalba in a flat in the Chico neighbourhood of Bogota, Colombia, on June 18, local authorities said. But the 46-year-old from Bournemouth reportedly rang The Sun a day before his arrest and said: “I was watching England vs Croatia on.

War: The Kremlin is coming under increasing pressure in the Ukraine war

More and more strategic objects in Russia are on fire and the gasoline crisis is spreading. Criticism of the Kremlin's conduct of the war is growing in Russia. He reacts in a tried and tested manner.

Saudi Aramco helicopter crash kills 14

A ⁠helicopter belonging ⁠to Saudi ⁠oil giant Aramco crashed on Sunday in Ras Tanura on Saudi Arabia’s eastern coast west ‌of the Strait of Hormuz, killing 14 nationals, the state news agency reported, adding that the cause was unknown. Aramco had resumed crude ⁠oil loadings on Friday at its ‌Ras Tanura terminal in the Gulf after they were ‌halted for nearly four months. “The relevant authorities have launched a ‌full investigation to determine the cause of ⁠the ⁠crash,” the state news agency...

Energy: Greens for regional electricity prices

The Greens demand that electricity becomes cheaper where it is generated. Certain regions would particularly benefit from this.

Reforms: Black and red party leaders discuss in the Chancellery

The Union and the SPD are aiming for decisions on central reform projects in a few days. The party leaders are already negotiating in advance.

Takaichi visits India, Nadiem verdict, South Korea megaprojects

OHB boss in conversation: “Europe’s space travel wouldn’t exist without France”

Germany is heavily arming itself, including in space. This makes the Bremen company OHB a key player. Its boss also comments on the criticism from the French.

China leads in GPS-style, reconnaissance and anti-satellite abilities, US report says

China has leapfrogged the United States in a few mighty important sectors of space technologies: GPS-style navigation, spy-in-the-sky reconnaissance and even the ability to knock satellites out of orbit, according to a report from a US think tank. The report from the Washington-based Information Technology and Innovation Foundation said China had rapidly built a powerful commercial space sector under strong state backing and was narrowing the innovation gap with the US. “If the United States...

Seniors in Medicare are about to get landmark obesity drug coverage — but many may not know it yet

Many seniors may be unaware of the landmark coverage shift starting on July 1, with limited advertising seen from the government or Eli Lilly and Novo.

Reforms: Hot phase for the black-red reform plans

The Union and the SPD want to pull themselves together and make decisions on reforms before the summer break. Can a new sense of commonality inspire the coalition partners?

Europe Averts Jet Fuel Chaos

A combination of surging local production and increased imports from non-Middle East suppliers have helped Europe to avoid a jet fuel crisis.

Gamechanger: Microrobots for the targeted treatment of strokes

Ideas that change and improve our world. We introduce them. This time: tiny gel balls for medication that can be navigated in the body using magnets.

Winkel: Head of the Junge Union proposes major tax reform

Black-Red wants to relieve the burden on small and medium-sized income earners. The head of the Junge Union recommends a big hit – with relief of over 20 billion euros.

Carsten Schneider in an interview: “The heat is doing enormous damage to our economy”

In an interview, the Environment Minister talks about record temperatures, the impact of water shortages on company settlements and explains why the energy transition needs investment incentives.

The more I follow Palantir Technologies, the less I think it's just an AI software company.

A few years ago I would've described Palantir as a defense contractor with great software. Now I'm not so sure. It feels like it's evolving into an operating system for organizations that need to make decisions from massive amounts of data. The government side is still a huge part of the story, and that's probably not changing anytime soon. Defense, intelligence, logistics, battlefield software... those businesses continue to grow. But what caught my attention recently is how much the commercial