Finance

Dow Jones Hits Historic 40,000 Milestone Amid Rate Cut Hopes

The Dow Jones Industrial Average closed above the 40,000 mark on Friday for the first time in its 139-year history. Boosted by optimism over potential rate cuts from the Federal […]
By | 9 months ago

New York Crowned Richest City in the World with 359,500 Millionaires and 60 Billionaires

New York City has clinched the title of the wealthiest city globally, boasting a staggering 359,500 millionaires and 60 billionaires, according to a recent study. Despite concerns about wealth migration […]
By | 10 months ago

IRS Plans to Triple Audits on Big Corporations and Multimillionaires

The Internal Revenue Service (IRS) has announced its intention to significantly increase audit rates for large corporations, partnerships, and multimillionaires over the next three years, following a substantial boost in […]
By | 10 months ago

Mark Cuban Proudly Pays $288 Million Tax Bill on Tax Day

Outspoken billionaire Mark Cuban has once again made headlines, this time for his whopping $288 million tax payment to the IRS. In a statement released on Tax Day, Cuban expressed […]
By | 10 months ago

HSBC Sells Argentina Business in $550 Million Deal

HSBC, the UK-based banking giant, has announced the sale of its business in Argentina to Grupo Financiero Galicia for $550 million. This strategic move underscores HSBC’s focus on shifting towards […]
By | 11 months ago

FTX Founder’s Fate Hangs in Balance: Pleas for Leniency Clash with Calls for Harsh Sentence

As the sentencing of Sam Bankman-Fried, the former CEO of FTX, draws near, a contentious debate ensues over the appropriate duration of his imprisonment. His defense team fervently argues for […]
By | 11 months ago
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