World

The Amex Gold is my first card with an annual fee — here’s why I picked it
World

The Amex Gold is my first card with an annual fee — here’s why I picked it

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. It's easy to spend days, weeks and sometimes even months doing research when you're deciding which credit card you should open next — and understandably so. It's easy to be allured by tantalizing perks like using miles for first class flights and hefty hotel discounts, but it's extremely important to make sure that the credit card you choose aligns with your lifestyle. It took me five years to decide that I was ready to move on from my starter credit ...
Myanmar expert says junta using Russian and Chinese arms against civilians
World

Myanmar expert says junta using Russian and Chinese arms against civilians

The United Nations human rights expert on Myanmar said on Tuesday that Russia and China were providing the junta with fighter jets being used against civilians, and urged the U.N. Security Council to halt the flow of weapons enabling atrocities. Thomas Andrews, a former U.S. congressman serving in the independent post, released a report that also named Serbia as one of three countries supplying arms to the Myanmar military since it seized power last year, with "full knowledge that they would be used to attack civilians." "It should be incontrovertible that weapons used to kill civilians should no longer be transferred to Myanmar," Andrews said in a statement. Chaos has gripped Myanmar since a coup ended a decade of tentative democracy, triggering protests that troops suppressed with let...
I’ve written about money and careers for 8 years—here are my 6 biggest takeaways
World

I’ve written about money and careers for 8 years—here are my 6 biggest takeaways

This is an excerpt from the CNBC Make It newsletter. Subscribe here. When I started writing about money and careers, I was a recent college grad with a tenuous grasp on markets, credit and the world of personal finance. I didn't know what an index fund was, and my thoughts on budgeting boiled down to hoping I had enough money in my checking account to last until my next payday. I had a lot to learn. And over the past eight years working in professional media, I've been lucky enough to speak with countless people who have offered priceless wisdom and advice. Along the way, I've managed to snag a few promotions, grow my savings and build what I consider to be a decent work-life balance. Talking about index funds has become second nature. (I'm fun, I swear.) Below, I've gathered some of the m...
Crypto companies are tempting top talent away from Big Tech to build ‘Web3’
World

Crypto companies are tempting top talent away from Big Tech to build ‘Web3’

In this article AMZN FB GOOGL YouTube, Facebook, Instagram and WhatsApp apps displayed on a smartphone. Florian Gaertner | Photothek | Getty Images Executives at tech giants like Google, Facebook and Amazon are quitting to take jobs in the buzzy world of crypto. Blockchain platforms such as Polygon and Circle have hired top talent from Big Tech firms lately, enticing them with the pitch of working on the next "big thing" in tech — Web 3.0, or Web3. Ryan Wyatt left YouTube earlier this month to lead a new gaming studio from Polygon. Wyatt had joined the Google-owned video site back in 2014 to head up a push into video games content and compete more aggressively with Amazon's Twitch platform. "When I started at YouTube Gaming almost eight years ago, I was the first person there," Wyatt t...
Facebook, Instagram are hot spots for fake Louis Vuitton, Gucci and Chanel
World

Facebook, Instagram are hot spots for fake Louis Vuitton, Gucci and Chanel

NEW YORK: Facebook owner Meta Platforms is struggling to stop counterfeiters from pushing fake luxury goods from Gucci to Chanel across its social media apps, according to research and interviews, as the company barrels into e-commerce. Its platforms have emerged as hot spots for counterfeit offenders who exploit their range of social and private messaging tools to reach users, according to interviews with academics, industry groups and counterfeit investigators, who likened brands' attempts at policing services like Facebook, Instagram and WhatsApp as a game of "whack-a-mole". "Facebook and Instagram are the key marketplaces where counterfeit goods get sold to members of the public. It used to be eBay 10 years ago, and Amazon five years ago," said Benedict Hamilton, a managing director ...
Hong Kong families despair as COVID-19 rules may separate them from children
World

Hong Kong families despair as COVID-19 rules may separate them from children

HONG KONG: Guada, a mother of two young children and pregnant with twins, cries herself to sleep at night, worried that Hong Kong's severe COVID-19 rules will separate her from her kids or force her to give birth alone. Anyone who tests positive for COVID-19 in Hong Kong, including infants and children, are put into isolation facilities with no family contact allowed, as authorities enforce their "dynamic zero" COVID-19 policy. As coronavirus cases hit record daily highs, the government plans to roll out compulsory mass testing for the city's 7.4 million people in March, exacerbating separation fears among many local and expatriate families. "Imagine the stress I'm having right now ... scared of having to give birth alone, scared of them taking my daughters away, taking my babies away, ...
India’s Life Insurance Corp files $8 billion IPO papers
World

India’s Life Insurance Corp files $8 billion IPO papers

NEW DELHI : State-run Life Insurance Corporation of India (LIC) has filed draft papers with the market regulator to sell 5per cent of its shares to potentially raise nearly $8 billion, dwarfing the biggest IPO in Asia's third-largest economy by a considerable margin. The offering is crucial to the Narendra Modi-led government's efforts to meet its sharply trimmed divestment target for the current financial year and will provide a measure of the success of the government's pro-market policies. India's largest insurer will be selling 316.25 million shares, according to the draft prospectus filed on Sunday, amounting to nearly 5per cent of the post-offer paid up share capital. The government could raise a little more than 600 billion Indian rupees ($7.97 billion) from the issuance rather t...
Budget 2022: More electric vehicle charging points closer to homes as part of Singapore Green Plan
World

Budget 2022: More electric vehicle charging points closer to homes as part of Singapore Green Plan

SINGAPORE: From building more electric vehicle charging points to issuing more green bonds to fund public sector green infrastructure projects, Singapore is taking steps to “move decisively” towards a net-zero world. Delivering his Budget speech on Friday (Feb 18), Finance Minister Lawrence Wong said the path towards net-zero will entail “significant” economic restructuring and changes in how people live and work in future. “All of us - the public, businesses, the government - will face difficult choices,” he said. “Costly investments may be required, for example, to import or generate low carbon energy.” “But now is the time when we must move decisively towards the future of a net-zero world. This will allow us to tap fully on the many exciting possibilities in this green transition.” ...
5 common ways to lower your taxable income in 2022
World

5 common ways to lower your taxable income in 2022

Select’s editorial team works independently to review financial products and write articles we think our readers will find useful. We earn a commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. For each dollar you earn from your employer, you must pay a certain amount in taxes based on your level of income and where you live . However, there are many ways you can lower that overall income to minimize your tax bill — without taking a pay cut. 1. Enroll in an employee stock purchasing program If you work for a publicly traded company, you may be eligible to enroll in an Employee Stock Purchase Plan (ESPP). By enrolling in your ESPP, you will divert after-tax dollars from your paycheck with the intent of purchasing shares of your comp...
Oil soars, stocks fall as Russia, Ukraine fears intensify
World

Oil soars, stocks fall as Russia, Ukraine fears intensify

NEW YORK :Crude oil futures on Tuesday reached their highest levels since 2014 on supply concerns and stocks sold off in a volatile session as investors eyed international responses after Russia sent troops into parts of Ukraine. Markets were jittery a day after Russia's move but the safe-haven U.S. dollar was slightly lower against major currencies while gold, another safety bet, was also in the red. U.S. President Joe Biden announced the first sanctions against Russia for what he called Moscow's beginning of an invasion of Ukraine, and he promised steeper punishments ahead if Russia continued its aggression. While the S&P 500 confirmed it is in a correction by closing more than 10per cent under its record high, it still finished above its session low, reached before Biden spoke. [.N] ...