Forbes Financial News

Selena Gomez, star of Only Murders in the Building, has officially joined the billionaire ranks, according to Bloomberg. At 32 years old, she now boasts a net worth of $1.3 billion, making her one of the youngest female self-made billionaires in the U.S. Gomez’s wealth was recorded for the first time by the Bloomberg Billionaires Index. Her billionaire status comes just months after her friend Taylor Swift hit the milestone in April 2024. Swift, 34, was ranked No. 2,545 on Forbes' World's Billionaires List with a net worth of $1.1 billion. Notably, Swift became the first musician to achieve billionaire status solely from songwriting and performing. Gomez’s fortune, however, is more diversified. Bloomberg’s wealth analysis factored in the value of Gomez’s stake in Rare Beauty, her music earnings, real estate holdings, and revenue from streaming deals and brand endorsements.

When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the nation for three painful years was now essentially defeated

interest rate cut in the cards at their Sept. 17-18 meeting. By the end of last month, when Federal Reserve Chair Jerome Powell said it was time to start lowering borrowing costs, nearly all of his colleagues thought so too. In large part, that was because a wide range of data moved in one direction. That pushed Fed policymakers to reassess the risks to their outlook, including whether their chief concern should be persistent inflation, labor market weakness, a deterioration in business or household financial conditions, a potential policy mistake, or some combination of those factors.

Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast.

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...

Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast.

Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast.

In 2024, many people attempt to socially devalue the concept of cryptocurrency. To many, cryptocurrency is little more than a fad whose time has come and gone. This derogatory view often stems from the supposed loftier ambitions and prognostications in the early 2020s about how cryptocurrency was destined to replace physical money via chain links. Clearly, that did not happen, yet cryptocurrency still lives on. Cryptocurrencies, such as Bitcoin and Solana, have been around much longer than many people realize and are still accepted by many businesses today.

Donald Trump concerning his alleged attempt to overturn the 2020 election has encountered a significant delay. U.S. District Judge Tanya Chutkan, overseeing the case, granted Special Counsel Jack Smith's request for additional time to propose the proceedings, making it highly unlikely that the trial will commence before the upcoming Election Day.

Plus, you can enjoy an instant bank discount of 10% up to Rs. 3,000 with SBI credit card and EMI transactions, subject to certain terms and conditions [click here to know more]. Don’t forget to take advantage of a flat Rs. 50 cashback on a minimum order of Rs. 750 with Amazon UPI [click here to know more]. Hurry, the festival ends on Monday, 12 August!

Rachel Wolfson has been covering the cryptocurrency, blockchain and Web3 sector since 2017. She has written for Forbes and Cointelegraph and is the host and founder of Web3 Deep Dive podcast.

Polymarket CEO Shayne Coplan has hinted at the potential introduction of commission fees to boost the company’s revenue.

Reasons to buyReasons to avoidAlso Read: Best vacuum cleaners for sofa in 2024: Top 8 powerful and compact options for a spotless homeThe Woscher 578 Vacuum Cleaner is a multifunctional 2 in 1 vacuum with a built-in inflator and compressor. It offers powerful suction for both upright and handheld cleaning, making it ideal for a wide range of cleaning tasks.

Eureka Forbes vacuum cleanersThe Eureka Forbes Quick Clean DX is a powerful 1200W canister vacuum cleaner designed for daily cleaning needs. It features 3 reusable dust bags, various accessories, and a dust bag full indicator. With a 2-litre capacity and a suction power of 1700 mm, it can handle various surfaces, including carpets and upholstery.

Northern Lights, don't worry. Nature will give you one more opportunity to watch this astronomical spectacle soon. The northern lights, or the Aurora Borealis, are beautiful patterns of light that appear as dancing ribbons or curtains in the Northern Hemisphere. When energized particles from the sun hit Earth's upper atmosphere at 45 million mph or 72 million kph, Earth's magnetic field redirects the particles toward the poles. These particles appear in the form of these patterns. In the Southern Hemisphere, it is called Aurora Australis.

billionaire who seems to have it all? One thoughtful fan of Lulu Group chairman MA Yusuff Ali found a unique and deeply personal answer: a watch featuring a photograph of the billionaire’s mother.

₹500, making it a great deal. The foot-operated power on-off and auto cord winder switch make it easy to use, while the dust bag full indicator ensures timely maintenance. With five versatile accessories, this vacuum cleaner is designed to meet all your cleaning needs.

Reasons to BuyReasons to AvoidThe INALSA Wet and Dry Vacuum Cleaner is a versatile home cleaning machine with a 15-liter capacity and 1400 W power. It features a HEPA filter, powerful suction of 20 kPa, and a blower function for cleaning hard-to-reach areas. This vacuum can handle both wet and dry messes, making it ideal for various cleaning tasks.

Best vacuum cleaners: Top 9 options for easy and efficient cleaning at home and officeThe MI Xiaomi Smart Air Purifier 4 Lite, available during Amazon Prime Day sale, features a high-efficiency filter that removes 99.97% of air pollutants, bacteria, viruses, and odours. Its large coverage area up to 462 sq.

₹500. The vacuum features a foot-operated power switch and auto cord winder for convenience. The dust bag full indicator ensures timely dirt disposal.