Legal & Regulatory

Federal and State Taxes Could Slash Your $935 Million Powerball Jackpot By Nearly Half

The recent surge in the $935 million Powerball jackpot means potential winners must also brace themselves for substantial tax deductions, with federal rates reaching up to 37% and states imposing additional taxes for approximately $326.215 million reduction.


VP Kamala Harris Urges US Agencies To Stop Telling People That AI Tools Aren't Dangerous for People's Safety, Rights

Vice President Kamala Harris unveiled a new initiative on Wednesday aimed at protecting Americans from the potential risks posed by unregulated artificial intelligence (AI), with a particular focus on..

Biden Administration Revives Threatened Species Protection Rules, Undoing Trump Rollbacks

Biden restores endangered species protections, undoing Trump-era rollbacks. New rules expedite conservation efforts and prioritize species survival, despite opposition from Republicans and industry...

'Remorseless' FTX Founder Sam Bankman-Fried Sentenced to 25 Years for $8 Billion Fraud

FTX founder Sam Bankman-Fried was sentenced to 25 years for a $8 billion fraud scheme. The judge criticized his defense, and victims testified on the impact. Bankman-Fried plans to appeal...


Latest News

China Accuses Joe Biden of Discrimination Over Electric Vehicle Policies
China filed a WTO complaint against the Biden Administration, alleging discriminatory electric vehicle subsidy practices due to recent U.S. policy changes disqualifying tax credits for Chinese-sourced
Washington Governor Jay Inslee Signs Strippers’ Bill of Rights Into Law — Here's What You Need to Know
Washington Governor Jay Inslee signed the strippers' bill of rights into law on Monday.
Sale of Elon Musk's Starlink Terminals Is Flourishing Through the 'Black Market,' Making Them Fall Into the Wrong Hands
Elon Musk's Starlink terminals are reportedly falling into the wrong hands as they become targets for a flourishing black market trade worldwide.
China Pressing Banks to Expedite Loan Approvals to Cash-Strapped Private Property Developers
Chinese authorities are pressuring banks to approve new loans to private property developers faster to boost purchaser sentiment and lower lenders' asset quality.
Russia Is Directly Supplying North Korea With Oil Amid Warming Ties, Defying UN Sanctions: Report
In another sign of warming ties between the two countries, Russia has reportedly begun supplying oil directly to North Korea in defiance of sanctions imposed by the United Nations (UN).
Donald Trump Hush Money Trial to Start Next Month After Judge Rejects His Bid to Further Delay Case
A New York judge has set an April 15 trial date in Donald Trump's hush money case.
Florida Gov. DeSantis Signs Social Media Ban for Minors; Companies May Pay Up to $50,000 Per Violation
Florida Gov. Ron DeSantis signed HB 3 into law on Monday, implementing measures to regulate minors' access to social media platforms.
Tennessee Company Tuff Torq Corp. Hit with $300k Fine for Employing Children to Operate 'Dangerous' Machinery
Tuff Torq Corp. was fined $296,951 by the Labor Department's Wage and Hour Division for several child labor violations.
Donald Trump Joins World's 500 Richest People for First Time as Net Worth Skyrockets to $6.5 Billion
However, Trump's wealth is locked up in shares for six months, preventing him from settling his New York civil fraud court judgment.
Elon Musk's Lawsuit Against Anti-Hate Speech Group Dismissed by Judge as Intimidation Tactics
US judge dismisses Elon Musk's lawsuit against CCDH, citing it as an attempt to stifle free speech. Musk's claims were deemed unfounded.
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