Capital Gains Tax Increase: What Investors Need to Know About Biden's Proposed Changes
Several financial experts say the Biden administration’s proposal to raise capital gains tax will negatively affect the US economy.
Investors
Google’s Parent Company To Invest $5 Billion in Self-Driving Car Unit Waymo
The self-driving car units are now in service in Metro Phoenix, San Francisco, Los Angeles, and Austin.
Social Security Payments Worth Over $4,800 To Go Out This Week; Here’s When You’ll Get Yours
The new round of monthly payments will be sent out to eligible retirees born on or after the 21st of a month...
Social Security Benefits Lost 20% of Buying Power Due to Inflation, Outlook for 2025 Is Grim
To compensate for the lost value, payments would need to increase to more than $4,400 a year. Read more here...
US Presidential Elections 2024 May Impact Financial Market, Personal Investments
Previous election seasons saw the S&P 500 slump and the Dow Jones Industrial Average trade below 11,000...
Tech Billionaires Shift Support to Trump Over Fear From Biden's Antitrust Laws
Silicon Valley tech billionaires are backing Donald Trump through dona...
Chinese Carbon Tech Firm XDS Invests on Mark Cavendish’s Cycling Team Astana Qazaqstan
Chinese carbon bicycle technology manufacturer XDS confirmed Monday (J...
Latest News
US Banks See Loan Demand Drop, Fed Survey Says
US banks have observed a fresh decline in loan demand for industrial purposes and household demand for credit during the first quarter of the year, according to a Federal Reserve survey.
Heineken Announces £39 Million Investment to Reopen 62 Closed UK Pubs
The focus of the investment will be on reopening 62 pubs that were previously closed and renovating 94 existing outlets.
Warren Buffett Issues Grave Warning About AI, Saying It Would Make Scams Far More Convincing, Revving Up Fraud
Berkshire Hathaway Chairman and CEO Warren Buffett has warned about AI scams.
Cryptocurrency Trader Loses $70 Million in 6 Hours in So-called ‘Address Poisoning’ Scam
A cryptocurrency trader lost nearly $70 million in Wrapped Bitcoin (WBTC) after moving the enormous reserve to a suspicious wallet address.
Oracle's AI Infrastructure Chosen By Billionaire Investors Over Nvidia
Billionaire Investors Steven Cohen and Israel Englander shifted their focus from Nvidia to Oracle, citing Oracle's potential in the AI sector and its consistent revenue growth in cloud infrastructure.
Goldman Sachs Removes Bonus Cap for UK Bankers
After the UK removed local pay restrictions for bankers last year, Goldman Sachs was the first to remove its bonus cap for its bankers.
Apple Surprises Market with Record $110 Billion Buyback Amid Higher-Than-Expected Q2 Results
Apple Inc. unveiled an unprecedented $110 billion buyback initiative, marking its largest buyback program to date.
Solar Philippines Founder Leandro Leviste Acquires 8.5% Stake in ABS-CBN Worth P76.5M
Renewable energy entrepreneur Leandro Leviste expands into media, acquiring an 8.5% stake in ABS-CBN Corp., with personal ties to former anchor Loren Legarda.
Australia's Macquarie Bank Terminating Cash Transactions in All Branches as It Shifts to Fully Digital Banking Services
Australia's Macquarie Bank will eliminate the use of cash at its branches later this month as part of its transition to a fully digital offering.
