The UAE Ministry of Finance has launched the country's first Sovereign Retail T-Sukuk programme, allowing residents and citizens to invest in Shariah-compliant government Islamic Treasury Sukuk with a minimum of Dh1,000. This initiative aims to encourage saving, broaden financial inclusion, and deepen local capital markets.
Sam Little, a former contestant on BBC's The Traitors, lost £40,000 in life savings to a cryptocurrency phishing scam. He was tricked into revealing his login details after receiving a fake bank alert, leading to the theft of funds meant for his family.
Whoop offers advanced activity and sleep tracking via its bracelet-style trackers, popular among elite athletes. While expensive, it provides a gamified health experience. New users can get a one-month free trial of the Peak plan, which includes a pre-owned device. Various discounts are available for military, students, and through referrals.
Palm Beach International Airport received dozens of angry messages, including a bomb threat, after a bill was signed to rename it after President Donald Trump. The rebranding, effective July 9, will also change the airport code from PBI to DJT, costing an estimated $5.5 million.
City & Guilds has guaranteed that plans for mass compulsory redundancies and offshoring of UK jobs to Greece will no longer go ahead, following union negotiations. The vocational training body faced backlash after its acquisition by PeopleCert.
Morris Chang, founder of TSMC, cautioned companies against layoffs, especially if rehiring is likely within a year. He highlighted hidden costs like severance and training, and the impact on employee trust, drawing from TSMC's controversial 2009 performance-based layoffs.
South Korea's personal pension savings grew by 10.8% to 198 trillion won ($129 billion) in 2025, driven by increased interest in retirement planning and a strong stock market rally. Subscriptions rose across all age groups, particularly among younger individuals.
BBC Radio 4's "The World Tonight" is being cancelled after over 50 years as part of significant cost-saving measures. The cuts will also lead to job losses, program reductions, and a review of BBC channels and stations, with a focus on shifting content to digital platforms.
UK pubs and restaurants are criticizing a temporary VAT cut on children's meals, calling it "laughable" and a "token gesture." One venue launched an expensive "kids" menu with snail salad to highlight the scheme's perceived inadequacy.
Recurring Deposits (RDs) offer a secure way to build savings through fixed monthly investments in banks or post offices. Post offices provide a 6.7% interest rate for a five-year tenure, while banks offer competitive rates. Maturity amounts vary based on investment and tenure, with RD returns being taxable.
Software company 8x8 has saved an estimated $5 million annually by using Anthropic's Claude AI, replacing numerous software subscriptions. While other tech firms grapple with rising AI costs, 8x8 finds its AI spending "well below" its savings, pleasing its CFO.
Dermstore offers various discounts and loyalty programs, including 15% off for new customers, 5% back on purchases via rewards, up to 25% off auto-replenishment, and special discounts for military, teachers, and students. A referral program offers $50 credit, and free two-day shipping is available on orders over $100.
Anthropic is being sued in a class action lawsuit alleging the AI company misled customers about usage limits in its premium Claude Max subscription plans. Plaintiff Karl Kahn claims he overpaid and received less usage than advertised, with a lawyer stating the case hinges on consumer protection laws against misleading advertising.
The Federal Reserve is anticipated to maintain interest rates at its upcoming policy meeting, providing minimal relief for U.S. households struggling with affordability. Despite President Trump's preference for lower rates, current inflation levels may push the Fed towards considering hikes, creating a potential conflict with the administration.
Ruben Amorim has agreed to a two-year deal to become Milan's head coach, replacing Massimiliano Allegri. This move will save Manchester United a significant portion of the £16.7m compensation package owed to Amorim and his staff after his January dismissal. Milan is undergoing a major overhaul, with several senior staff members departing.
Telehealth companies hired by employers to manage obesity drug costs are increasingly criticized for prioritizing cost-cutting over patient care. Patients report being forced to try less effective generic drugs or face denial of access to crucial medications like Zepbound and Wegovy, leading to frustration and weight regain.
Small savings schemes in India will maintain their current interest rates for the April-June 2026 quarter, offering returns up to 8.2% per annum. Popular options like SCSS and SSA will continue to provide stable, low-risk investment avenues with tax benefits.
In the first quarter, Taiwanese life insurance policy surrenders reached NT$481.5 billion, a NT$70 billion increase year-on-year, largely attributed to funds moving into the booming stock market driven by AI. Savings accounts also saw shifts, with individuals withdrawing from fixed deposits to invest in stocks, pushing securities deposit balances to record highs.
Metaplanet is acquiring Siiibo Securities for $13 million to develop and distribute Bitcoin-linked yield products directly to Japanese investors. This move signifies Metaplanet's strategic expansion beyond Bitcoin accumulation into active financial product development, aiming to tap into Japan's substantial household savings seeking yield.
The Regional Chamber of Accounts of Provence-Alpes-Côte d’Azur has proposed €118 million in savings to balance the 2026 budget of the Aix-Marseille-Provence Métropole. The audit was requested by the prefect after the new president refused to present the initial budget proposal.
Melania Trump announced 'Fostering the Future Accounts,' a new savings and investment program for children in foster care, in conjunction with the U.S. Department of Treasury. The initiative aims to provide financial resources to over 400,000 vulnerable children.
Sixteen people in Hong Kong were arrested for allegedly defrauding HK$4.3 million from the Mandatory Provident Fund (MPF) using falsified medical certificates. The suspects, aged 29-63, included two alleged syndicate members who recruited MPF account holders and advertised services on social media.
MEP Janusz Lewandowski, serving in the European Parliament since 2004, has declared savings of PLN 213,530 and EUR 653,920. He owns a 107.6 sqm apartment valued at PLN 1.2 million and co-owns another 112 sqm apartment with his daughter.
An 81-year-old Japanese woman living on a meager pension of ¥120,000/month surprised her son with a ¥13.5 million savings account. Her extreme frugality, driven by a desire not to burden her children, meant she avoided unnecessary expenses and even delayed medical care.
