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In Germany's New Finance Minister, Hammond Has a Brexit Ally

In Germany's New Finance Minister, Hammond Has a Brexit Ally

Follow @Brexit on Twitter, join our Facebook group and sign up to our Brexit Bulletin. As the U.K. seeks Brexit allies in Europe, Germany’s new finance minister may be one of its best bets. Photographer: Krisztian Bocsi/Bloomberg Olaf Scholz, a former mayor of Hamburg, has a history of trying to keep British-European ties intact, including […]

Alleged fraud against Angola aimed to take $1.5 billion: Finance Ministry

Alleged fraud against Angola aimed to take $1.5 billion: Finance Ministry

LUANDA (Reuters) – A scheme to defraud the Angolan government, allegedly involving the son of former president, Jose Filomeno dos Santos, dates back to before elections in August last year and aimed to secure $1.5 billion, the Finance Ministry said on Monday. In a statement, the ministry said those involved in the fraud claimed the […]

Russell Crowe pulls in $3.7M in auction to help finance his divorce

Russell Crowe pulls in $3.7M in auction to help finance his divorce

Even Oscar winners need a little help paying the bills. Russell Crowe unloaded dozens of items Saturday night at a Sotheby’s auction in a bid to help him fund his divorce from ex-wife Danielle Spencer — and wound up raking in more than $3 million. Russell Crowe hosted an auction called “The […]

Personal finance shouldn't just be about money

Personal finance shouldn't just be about money

At a recent conference on aging in San Francisco I interviewed author Mark Miller about his new book “Jolt: Stories of Trauma and Transformation.” “Jolt” tells powerful stories of people changed by trauma. For instance, Marietta Jaeger and family took a dream vacation to Montana in 1973. Her youngest daughter — 7-year-old Susie — was […]

Iowa Finance Director requested meeting with Reynolds before firing

Iowa Finance Director requested meeting with Reynolds before firing

DES MOINES, Iowa (AP) – Emails show that Iowa Finance Authority Director David Jamison requested a friendly get-together with longtime ally Gov. Kim Reynolds, just days before she fired him for alleged sexual harassment. The records released Friday underscore how swiftly Reynolds acted to terminate Jamison, with whom she’d had a working relationship dating back […]

London Finance Takes the Blame for UK Productivity Malaise

London Finance Takes the Blame for UK Productivity Malaise

London’s finance industry, along with regional manufacturing, has been the main drag on the U.K.’s dismal productivity performance since the crisis. New analysis by the Office for National Statistics — examining close to 200 industry-region combinations — shows banking and insurance in the capital had the worst performance in recent years compared with the period […]

The highest-paying jobs in finance, according to LinkedIn

The highest-paying jobs in finance, according to LinkedIn

These finance jobs all have median base salaries of at least $100,000. SFROLOV/Shutterstock • Finance jobs have a reputation for coming with massive salaries. • But not all roles are created equal in the finance industry. • LinkedIn looked through its salary data to figure out which finance jobs earn the most money. Finance jobs […]

Macy's Longtime Finance Chief Karen Hoguet to Retire

Macy's Longtime Finance Chief Karen Hoguet to Retire

April 4, 2018 7:52 p.m. ET Macy’s Inc. M 3.79% finance chief Karen Hoguet will retire within the next year, after more than 20 years in the role. Macy’s said it is conducting an external search for her successor and has hired an executive search firm to assist the process. Ms. Hoguet, who has been […]

How to develop basic finance sense to make the right money moves

How to develop basic finance sense to make the right money moves

Manu Sehgal You don’t need to be a Chartered Accountant or have an MBA in Finance to acquire basic finance sense. But what does basic finance sense entail? The following concepts will give you some understanding. Time value of money In a nutshell, time value of money is the idea that money available at the […]

The Finance 202: Saddle up for the midterm stock market slump. It begins now

The Finance 202: Saddle up for the midterm stock market slump. It begins now

THE TICKER A trader works on the floor on the New York Stock Exchange ahead of the closing bell Monday. (Drew Angerer/Getty Images) Welcome to the midterm stock market.  Fears of a tech collapse and a budding trade war with China fueled Monday’s rout, which dragged stocks into correction territory. If history is any guide, there’s […]