High end Porsche 911 Carrrera GTS car parked outside the Chanel store on Bond Street on 16th October 2023 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — Britain’s ultra-rich non-doms are urging the government to introduce an Italian-style flat-tax regime to prevent a wealth exodus, as their preferential status
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A power substation near the LC1 CloudHQ data center in Ashburn, Virginia, United States. Nathan Howard | Bloomberg | Getty Images Technology companies’ push to directly power artificial intelligence with nuclear plants hit a major roadblock, after a federal regulator rejected a request to increase power for an Amazon data center. The Federal Energy Regulatory
This year is a “super election year,” with more than 60 countries — encompassing around half of the world’s population — hosting national elections, according to Statista. Promoting a healthy economy is high on the list of expectations of voters globally, according to a recent report by Principal Financial Group. But even when the economy
Karrastock | Moment | Getty Images People are using artificial intelligence for tasks like writing and editing resumes and cover letters — and even to get personal finance advice. While some of those insights can be valuable, financial advisors caution that AI shouldn’t be your only resource. A new report by Experian found that 67%
An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. Mario Tama | Getty Images U.S. homeowners are sitting on a record amount of equity, but higher interest rates over the past two years have made them reluctant to tap
Blog December 4, 2023June 20, 2024 Why Moore v. U.S. Won’t Get Us a Consumption Tax Base At first glance, a ruling for the plaintiffs in Moore might seem to solve some of the timing problems with the U.S. tax system. Unfortunately, upon greater inspection, such a ruling might create new timing problems. And the
Boeing workers from the International Association of Machinists and Aerospace Workers District 751 gather on a picket line near the entrance to a Boeing production facility on the day of a vote on a new contract proposal during an ongoing strike in Renton, Washington, U.S. October 23, 2024. David Ryder | Reuters Boeing’s more than
In this article CVX Follow your favorite stocksCREATE FREE ACCOUNT Jaap Arriens | Nurphoto | Getty Images Chevron beat third-quarter earnings and revenue expectations, returning a record amount of cash to shareholders. The oil major’s quarterly profit, however, declined substantially compared to the year-ago period due to lower margins on refined product sales, lower prices
Employees package and sort express parcels at an e-commerce company on Nov. 1, 2024, around the Double 11 Shopping Festival in Lianyungang, Jiangsu Province of China. Vcg | Visual China Group | Getty Images BEIJING — Early indicators of China’s biggest shopping event of the year reveal a pickup in select categories amid expectations of
Introducing the new Patek Philippe Cubitus line. Courtesy: Patek Philippe Storied Swiss watch maker Patek Philippe announced its first new collection in 25 years this week, dubbed the Cubitus line. The new collection comes at a time when luxury watch prices have largely stabilized, fueled by strong demand. Younger investors and collectors began buying up
In this article D Follow your favorite stocksCREATE FREE ACCOUNT The Dominion coal burning power plant is seen in Saint Paul, Virginia on Tuesday, February 7, 2023. Community leaders in Southwestern Virginia are giving serious consideration to the idea of utilizing formerly mined coal sites to house small modular nuclear reactors. Mike Belleme | The
Cecilie_Arcurs | E+ | Getty Images The IRS has announced new 401(k) catch-up contribution limits for 2025. In its release on Friday, the agency boosted the 401(k) contribution limit to $23,500 for 2025. But catch-up contributions for savers age 50 and older will remain unchanged at $7,500. The limits apply to workplace plans, including 401(k)s,
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