Wealth

What $1 million buys you in real estate around the world

France, Provence-Alpes-Cote d'Azur, French Riviera, Alpes-Maritimes, Principality of Monaco.Marco Bottigelli | Moment | Getty ImagesA million dollars isn't what it used to be — especially in luxury real estate.According to the new Knight Frank Wealth Report, $1 million buys you only 16 square meters (or about 172 square feet) in...

News

Nike cuts 1,400 roles in second round of layoffs this year

People walk past a Nike store in New York City, on April 2, 2025.Kylie Cooper | ReutersNike announced a new round of layoffs Thursday affecting approximately 1,400 employees across the organization, mostly concentrated in its technology department.In a note from COO Venkatesh Alagirisamy, the company said the layoffs were part...