Wealth

• Americans Are Racking Up ‘Phantom Debt’ That Wall Street Can’t Track

  Consumers have embraced ‘Buy Now, Pay Later’ products that allow them to pay for purchases in installments, but it’s not clear how many of these loans are out there.

• A Bumper ISA Season — But Not For UK Stocks

  We’re coming up for three years of outflows now. 

• Gen Z Is Relying on Debt More Than Millennials Did at This Age

  Young adults in their early 20s are turning to credit cards and loans to cover the higher cost of living. 

• Rich Russians Stuck in Limbo as War Creates Succession Conundrum

  For Russia’s elite, passing on family wealth has become more complex than ever.

• Cartier Watch Prices Gain as Rolex, Patek Fall: Subdial Index

  Cartier luxury watches were the only major brand to gain in value over the past year on the secondary market as slimmer dress models became more popular with collectors, based on the Bloomberg Subdial Watch Index.