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Spotify reported on Tuesday that its premium subscriber base grew by 5 million in the first quarter, representing a 12% increase year-over-year. This brings the total to 268 million, marking the second-highest total ever and the highest net addition of paid subs for a first quarter since 2020. Spotify also reported a record-high quarterly operating … Read more
In a year that hasn’t been kind to many big-name stocks, Warren Buffett’s Berkshire Hathaway is standing near the top. Berkshire shares have posted a 17% return year-to-date, while the S&P 500 index is down 6%. That performance places Berkshire among the top 10% of the U.S. market’s large-cap leaders, and the run has been … Read more
Kevin Hart knows what it takes to be successful. He was the world’s highest-paid comedian in 2024, earning $108 million. That’s also third-most among Hollywood entertainers overall, more than what Brad Pitt or Tom Cruise made last year. That said, times are tough for most Americans right now. With consumer confidence down and market volatility … Read more
U.S. Bancorp (NYSE: USB) Wednesday reported a double-digit growth in first-quarter earnings, reflecting an increase in net interest income. Total net revenue increased 3.6% from last year to $7.0 billion in the March quarter. At $34.16, book value per common share was up 9% year-over-year. Earnings, excluding special items, rose to $1.03 per share in … Read more
About 45 years have passed since a U.S. state last eliminated its income tax on wages and salaries. But with recent actions in Mississippi and Kentucky, two states now are on a path to do so, if their economies keep growing. The push to zero out the income tax is perhaps the most aggressive example … Read more
People are always on the lookout for ways to earn passive income. Some parallel income ideas that would provide them with an alternative source of income that would help them either pay bills more regularly or alleviate their standard of living. Before we elaborate on the various passive income streams let us first start … Read more
2025 is yet another year of growth for side hustles and passive income ideas. Among the most lucrative and often overlooked opportunities are trading cards and DIY crafting. Surprised? Don’t be. Being a collector or artist can now be an avenue to monetize your hobbies, and these markets offer multiple avenues to make money online, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tens of thousands of Britons are set to lose almost two-thirds of their income as a result of welfare cuts announced by Sir Keir Starmer’s government, according to Financial Times calculations. Tougher eligibility for personal … Read more
Ether crypto, co-founded by Vitalik Buterin, comes with a bang. Recent news reports that Justin Sun staked $100M in Ether crypto for an impressive $3M annual passive income. Arkham Intelligence reveals Sun’s strategic timing, reinforcing his reputation as a key player active only when the crypto market shows bullish signs, not during bear markets. JUSTIN … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone chief executive Stephen Schwarzman took home more than $1bn in 2024 as the private equity titan saw his income rise due to a rebound in investment activity at the world’s largest alternative investment group, … Read more
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