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[ad_1] Image source: Getty Images The Stocks and Shares ISA is a brilliant way of generating passive income on top of the State Pension.  Investors who put away as much of their £20,000 limit as they can afford each month can turbocharge their retirement savings. Even late starters can build huge sums, provided they put their backs into it. Although returns from shares aren’t guaranteed, over the longer run, history shows they do better than cash. Albeit with volatility along the way. Let’s be clear though, this won’t happen overnight. Investors shouldn’t try to build quickfire wealth by throwing a…

[ad_1] (Bloomberg) — Anthony Diamandakis, global head of Citigroup Inc.’s global asset-managers team, is leaving to pursue another opportunity, according to a person familiar with the matter. Most Read from Bloomberg Diamandakis, 50, led the team at Citi that advises alternative-asset firms. “Citi remains laser-focused on strengthening our strategic engagement with sponsors and capitalizing on the sizable opportunity that exists to grow wallet share with this important client segment,” investment-banking head Jens Welter and Ashu Khullar, who co-heads Diamandakis’ former group, said in an internal memo seen by Bloomberg News. Michael Marcus and Michael Quadrino will partner with Khullar to…

[ad_1] Pope Francis waves during his first public appearance in five weeks, on the day he is set to be discharged from Gemelli Hospital, in Rome, Italy, on March 23, 2025.Guglielmo Mangiapane | ReutersPope Francis returned to the Vatican on Sunday after surviving a five-week battle in hospital against double pneumonia that became the most serious health crisis of his 12-year papacy.The 88-year-old pope, who also made his first public appearance since February 14 before being discharged from Rome’s Gemelli hospital, left the facility shortly after noon.A car carrying the pontiff was accompanied by police vehicles through Rome, making a…

[ad_1] Image source: Getty Images It has been an incredible 2025 so far for Rolls-Royce (LSE: RR). Last year saw a massive share price gain, as did the year before – but already in 2025, Rolls-Royce has moved up 35%. But something has put me off investing in the stock – and the past several days have reminded me of why I decided not to buy Rolls-Royce shares at anything like their current price. Civil aviation is a complex business As the old saying goes, one way to become a millionaire is to start off as a billionaire and buy…

[ad_1] Image source: Getty Images Gold recently hit an all-time record high price. But rather than try and build my wealth by buying the yellow metal, I am focussed on the UK stock market. It has also been doing quite well lately, as it happens. Like gold, the FTSE 100 index of leading blue-chip companies listed on the London stock market also hit an all-time high this month. But that only tells part of the story, as far as I am concerned. Here is why I am putting money into British shares right now. The value of a productive asset…

[ad_1] (Adds new quotes marked with asterisk)MOSCOW (Reuters) -Russian Central Bank Governor Elvira Nabiullina and her deputy Alexei Zabotkin addressed a news conference on Friday after the central bank, as expected, kept its key interest rate on hold at 21%.Nabiullina and Zabotkin spoke in Russian. The quotes below were translated into English by Reuters.*NABIULLINA ON IMPACT OF ROUBLE APPRECIATION ON BUDGETFor the exchange rate to have a significant impact on something, it must be a stable trend. So far it is premature to talk about this in the exchange rate. As for the impact on the budget, we need to…

[ad_1] As driver-assist systems gain traction in China, one local startup that invested in the tech years ago is finally seeing results. Xpeng , listed in the U.S. and Hong Kong, has delivered more than 30,000 cars a month since November. The company last week said it expects that pace to continue for a doubling in sales versus 2024 — and that it will achieve profitability in the fourth quarter. What’s selling is the company’s lower-priced Mona M03 and its Xpeng-branded P7+ car, which includes advanced driver-assist software at no extra cost. With the automaker’s plans to upgrade the P7…

[ad_1] SAN FRANCISCO, March 19, 2025 /PRNewswire/ —  Credit Sesame, a leading financial wellness platform, has been named the “Best Personal Finance App” at the 2025 FinTech Breakthrough Awards, an annual program recognizing the most innovative companies, products, and services in the global financial technology industry. Credit Sesame’s selection as a winner underscores its groundbreaking work in credit-building solutions, AI-powered insights, and financial wellness tools that empower consumers to take control of their credit and overall financial health. “We are honored to be recognized as the Best Personal Finance App by FinTech Breakthrough,” said Adrian Nazari, Founder and CEO of…

[ad_1] Image source: Getty Images For many, passive income is that elusive dream that seems to exist only in fairy tales. Yet it needn’t be that way! A popular and reliable way to achieve it is through dividend stocks. By investing in companies that regularly distribute profits to shareholders, a hassle-free and steady income stream is within grasp.  This guide details why dividend investing can be a great way to start earning an income on the stock market. Why dividend stocks are great for passive income Many UK companies pay a portion of their profits to shareholders, known as dividends. Here’s…

[ad_1] Image source: Getty Images In March 2000, at the peak of the biggest stock market bubble in history, the Nasdaq Composite Index topped out at 5,000 points. By the end of 2002, the tech-heavy index had crashed 78%. In today’s euphoric, momentum-driven market, could the same fate be unleashed on investors? Forget fundamentals John Templeton once famously said that “bull-markets are born on pessimism, grow on scepticism, mature on optimism and die on euphoria”. By the late 1990s, people were giving up their jobs in droves to become day traders. Making money was as easy as taking candy from…