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The author said Singapore is more understated than Dubai. PPAMPicture/Getty Images; TomasSereda/Getty ImagesAlessandro Palombo has lived in Dubai and launched two businesses in Singapore. He said people in Dubai often display their wealth, while Singapore has billionaires in flip-flops. The lifestyle in Dubai can be transient. Meanwhile, Singapore can feel small, he said.

Workers from the Chinese electric-vehicle company NIO inspecting vehicles in Hefei, China. Kevin Frayer/Getty ImagesCATL's cochair said EVs in China have gotten a new label: EIV. The term stands for "electric intelligent vehicles," Pan Jian said Tuesday at a Davos panel. China's EV industry has seen an influx of affordable vehicles packed with AI technology.

Dexter Zhuang, the founder of Money Abroad, has achieved what's known as "Coast FIRE."Courtesy of Dexter ZhuangDexter Zhuang hit "Coast FIRE," meaning he doesn't have to contribute more money to his nest egg. He still has to earn income to cover his daily living expenses and expects to work into his 60s.

The author's tween (not pictured) takes the train alone. StockPlanets/Getty ImagesMy family moved from the US to Barcelona six years ago. I went from being a helicopter parent to letting my child explore the world independently. I went from asking where my kid was to does my kid know where I am?

Elon Musk. Allison Robbert/Getty ImagesThis excerpt originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Trump wasted no time establishing the "Department of Government Efficiency" (DOGE). Announced after his win in November, DOGE promised to "provide advice and guidance from outside of government" to help roll back bad regulations and slash government spending.

Ross Ulbricht, the founder of Silk Road, was unconditionally pardoned by President Donald Trump. Free Ross UlbrichtPresident Donald Trump granted Ross Ulbricht a full and unconditional pardon on Tuesday. Ulbricht founded Silk Road, an online drug marketplace. In 2015, he was sentenced to life in prison without the possibility of parole.