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Koolau Ranch: Mark Zuckerberg is building a secret Hawaii project: a $100...
Mark Zuckerberg appears to be preparing for the end of the world. The Meta founder is reportedly building a massive $100 million compound in Hawaii, that includes an underground bunker and its own...
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Americans over 70 hold more than 30% of the country’s wealth
Americans over the age of 70 control more than 30% of the country’s wealth (Bloomberg) — Most no longer work, but Americans aged 70 and up saw their share of collective wealth increase during the...
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US pension funds’ investments in China undermine Washington’s stance
As the relationship between the two countries has deteriorated since 2020, a new analysis has shown that Washington’s proposals to crack down on Beijing despite the ongoing tensions have been...
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Argentina to accept Bitcoin for contractual agreements
The use of Bitcoin for contractual agreements has been approved by Argentina’s new government. Diana Mondino, the country’s Minister of Foreign Affairs, made the announcement on X (formerly known as...
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New Year’s Eve at Times Square Ball Drop: Americans shell out sky-high prices...
Special New Year’s Eve party packages with tickets ranging from $450 to $12,500 are being offered at hotels and restaurants near One Times Square, the site of the famed New Year’s Eve ball drop in...
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Apple loses $100 billion in market value in a day—more than the combined...
The stock price of Apple has dropped more than 4% in the last day, wiping off more than $100 billion of its market value. The one-day drop is greater than the combined worth of Ford and GM. Sluggish...
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2024 tax brackets: A look at the latest IRS tax bracket adjustments
Every year, the IRS adjusts tax brackets, a critical component of the United States’ progressive tax system. These brackets define income ranges that are taxed at different rates, and they serve as...
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Game-Changing Move: US regulator approves Bitcoin ETFs, igniting...
In a groundbreaking development, the US regulator has given the green light to exchange-traded funds (ETFs) specifically focused on direct investments in Bitcoin. This move is being hailed as a...
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Microsoft briefly overtakes Apple as the world’s most valuable company
Microsoft briefly surpassed Apple as the world’s most valuable company on Thursday for the first time since 2021, after the iPhone maker’s shares fell sharply early in the year amid growing concerns...
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The world could get its first trillionaire within 10 years: Oxfam
The world’s first trillionaire might emerge within a decade, according to Oxfam International’s annual assessment of global inequities, which coincided with the meeting of political and economic...
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All you need to know about the viral $3,130 sandwich bag from Louis Vuitton
Luxury fashion fans have seen their fair share of lavish designs, but Louis Vuitton’s latest offering has raised many eyes. The French fashion powerhouse, known for pushing the boundaries of design,...
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Coinbase vs. SEC explained: Crypto exchange giant and SEC clash in federal...
A federal judge in Manhattan grilled Coinbase and the US securities regulator on Wednesday about their opposing views on whether and when digital assets are securities, in a case closely watched by...
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ETFs for Bitcoin surpass silver, now trail only gold – the new digital gold?
It appears that Bitcoin is known as ‘digital gold’ for a reason. It is presently second only to gold among exchange-traded funds assets in the US stock market. Bitcoin exchange-traded funds (ETFs)...
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A Colorado pastor accused of a $3.2 million cryptocurrency swindle, says ‘I...
The pastor of an online church in Colorado, accused of defrauding investors of over $3.2 million (NZ$5 million) using a cryptocurrency marketplace, alleges that “the Lord” directed him to do so. The...
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Elon Musk questions if Tesla should relocate its headquarters following a...
A judge in the US state of Delaware recently ruled against Tesla CEO Elon Musk’s $56 billion salary package, siding with a shareholder who argued the entrepreneur was overpaid. Following this, the...
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Jeff Bezos to sell 50 million Amazon shares worth $8.6 billion as stock rises...
Jeff Bezos intends to sell up to 50 million shares of Amazon.com Inc. during the next year, potentially capitalizing on a stock rally that has put him on track to become the world’s richest person....
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Americans now owe a record-high $1.13 trillion in credit card debt
Americans now owe a total of $1.13 trillion on credit cards, according to a new report on household debt from the Federal Reserve Bank of New York. According to the New York Fed, credit card balances...
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Bitcoin breaks the ice: Market cap climbs back to $1 trillion after two-year...
Bitcoin surpassed $51,000 in a broad cryptocurrency rally that saw Ether, the second-largest token, return to where it was when the TerraUSD stablecoin crashed nearly two years earlier. According to...
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As the UK enters a recession, Rishi Sunak’s economic promises suffer yet...
Gross domestic product declined 0.3% in the fourth quarter, above experts’ expectations of a 0.1% drop, according to Office for National Statistics data released Thursday. That followed an unrevised...
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Microsoft’s OpenAI is valued at $80 billion
According to the New York Times, OpenAI, a Microsoft-backed artificial intelligence company, has agreed to a deal worth more than $80 billion. The transaction includes a tender offer conducted by...
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Germany facing likely recession, Bundesbank suggests
Germany is likely to be in recession right now because external demand is weak, consumers are cautious, and domestic investment is hampered by high borrowing costs, according to the Bundesbank’s usual...
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Tradelly.AI Review: A Platform that Helps You Accomplish Your Goals
Tradelly.AI Review Are you beginning your crypto trading journey? The first important thing that all traders should consider is finding the right online platform. The right trading tools have a...
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Fast Refund Group Review – How the Experienced Team at this Funds Recovery...
Fast Refund Group Review Remaining vigilant against online deceivers is crucial for safeguarding your hard-earned money. These deceptive individuals can significantly disrupt your financial...
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Nvidia adds $277 billion in market capitalization in one day
Nvidia’s stock price soared to an all-time high on Thursday, with its market capitalization experiencing the largest single-session increase in history, surpassing Meta Platforms’ historic gain just...
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Reddit gears up for IPO: Why it’s a golden opportunity for US investors
Reddit, the renowned online discussion network, is preparing to make its New York Stock Exchange debut under the ticker symbol ‘RDDT.’ On Thursday, the social media network filed a prospectus with the...
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Trump debt counter: This website gives real-time updates on the...
Donald Trump’s ‘debt’ had risen to $464,788,371.70 as of the time of writing, according to a tracking website, ‘Trump debt counter’, set up by democratic strategist and journalist Johnny Palmadessa....
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MicroStrategy sells shares to buy 3,000 Bitcoin for $155 million
MicroStrategy has continued to increase its Bitcoin (BTC) holdings, recently announcing the purchase of 3,000 additional BTC for more than $155 million recovered from share sales. Michael Saylor, a...
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Bitcoin surges past $60,000, nearing its peak in a thrilling rally
Bitcoin surpassed $60,000 on Wednesday, approaching an all-time high and continuing its unabated advance since the introduction of a new type of cryptocurrency-indexed investment. At 1325 GMT, bitcoin...
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Trump accused of diluting Truth Social’s shares, co-founders take legal action
A lawsuit filed on Wednesday may jeopardize a $4 billion commercial deal involving former President Donald Trump’s social media venture. The complaint accuses Trump of lowering the co-founders’ stake...
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The IRS begins crackdown on 125,000 affluent “non-filers”
The IRS intends to pursue 125,000 high-income taxpayers who failed to submit tax returns dating back to 2017 – the agency estimates that these cases contain hundreds of millions of dollars in unpaid...
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Reddit launches IPO with $748 million target – All you need to know
Reddit Inc. released information about what is expected to be one of the largest IPOs of the year. The company and a few of its current shareholders are looking to raise upto $748 million. Here’s all...
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Breezy Explainer: What is IRS Direct File pilot? The free, online tax...
Tax filing has just been easier! The IRS has developed a new method for taxpayers in twelve selected states that will make it easier to file federal income taxes this season, which began on January 29...
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Dollar Tree falls short of holiday targets, plans massive closure of almost...
Dollar Tree missed market estimates for holiday-quarter sales and earnings, announcing plans to close 970 Family Dollar locations as the retailer seeks to revitalize its faltering business. The...
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Bank of Japan raises interest rates for the first time in 17 years
Japan’s central bank raised its benchmark interest rate on Tuesday for the first time in 17 years, bringing an end to a long-standing policy of negative interest rates intended to boost the economy....
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Reddit IPO: How did Reddit shares perform on day 1?
Reddit IPO: The San Francisco-based company’s shares began trading at $47 on the New York Stock Exchange. Reddit’s shares rose 48% on their first day of trading. The company touted AI as a growth area...
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A person in New Jersey has won the $1.1 billion Mega Millions jackpot
According to officials, one winning ticket was sold for Tuesday night’s estimated $1.1 billion Mega Millions jackpot in New Jersey. It was the fifth-largest in game history. The game had gone over...
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Sam Bankman-Fried sentenced to 25 years for FTX fraud
On Thursday, a judge sentenced Sam Bankman-Fried to 25 years in jail for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he established, marking the final stage in...
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Breezy Explainer: Why Sam Bankman-Fried received a 25-year prison sentence
A federal judge sentenced Sam Bankman-Fried, the former billionaire who was found guilty of scamming clients and investors of his cryptocurrency exchange FTX, to 25 years in jail on Thursday after...
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McKinsey is offering generous exit packages to employees that include 9...
Amid a downturn in the sector, McKinsey, the global management consulting firm, has reportedly initiated a strategy to downsize its workforce. The company is offering financial incentives to several...
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Taylor Swift enters the Forbes Billionaire List among world’s wealthiest: Who...
Taylor Swift has joined the list of the world’s richest individuals. The American pop star made her debut appearance on Forbes’ World’s Billionaires List, earning $1.1 billion, alongside Sam Altman,...
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An ancient book, potentially one of the oldest in existence, is set to be...
An ancient Egyptian book, believed to be one of the oldest in existence and written at the dawn of Christianity, is set to be auctioned in June in London. The Crosby-Schoyen Codex, written in Coptic...
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Who is 19-year-old Livia Voigt, the world’s youngest billionaire?
Livia Voigt, a 19-year-old Brazilian student, has been named the world’s youngest billionaire, according to the Forbes Billionaires List 2024. She surpassed Italian teenager Clemente Del Vecchio, who...
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Powerball jackpot ticket worth $1.3 billion sold in Oregon
A Powerball player in Oregon won a jackpot worth more than $1.3 billion on Sunday, ending a more than three-month winless streak. The single ticket, which was disclosed after a more than three-hour...
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A rare copy of a comic featuring Superman’s debut appearance fetches $6...
A 1938 edition of the comic that “introduced Superman to the world” has sold for a record-breaking $6 million, according to the auctioneer who handled the transaction last week. Heritage Auctions sold...
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Mark Cuban says he’s proud to pay $288 million in taxes
Mark Cuban expressed pride in paying his taxes, revealing in a social media post that he had paid $288 million to the IRS. The billionaire, aged 65, emphasized his satisfaction in fulfilling his duty...
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Tax Day 2024: All about extensions, deadlines, and refunds
Tax Day is here. Today is the last day for most taxpayers to file their 2023 returns. Don’t believe you can file? Today is also the deadline to request an extension, which gives you six extra months...
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Senators propose new legislation to prohibit algorithmic stablecoins
A bipartisan effort led by Senators Cynthia Lummis of Wyoming and Kirsten Gillibrand of New York aims to introduce legislation regulating stablecoins. The proposed bill, announced on Wednesday, seeks...
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Tesla seeks shareholder approval for $56 billion compensation package for...
Tesla is preparing to ask its shareholders to reapprove a $56 billion compensation plan for CEO Elon Musk that was previously agreed upon in 2018 but overturned by a US court earlier this year. In a...
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Breezy Explainer: What does ‘Bitcoin halving’ mean?
Bitcoin, the world’s largest cryptocurrency, completed its “halving,” a phenomenon that occurs every four years, according to CoinGecko, a cryptocurrency analysis company. Bitcoin remained rather...
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Michigan: Man wins $500k lottery jackpot, attributes luck to movie star...
A 26-year-old man from Genessee County, Michigan, is half a million dollars richer after allegedly taking a “sign” from his movie star doppelganger. The man, who sought anonymity, recalled watching a...
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