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...