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How the ultrawealthy use smartphone apps to avoid millions in taxes
For high-net-worth individuals who declare residence in low- or non-tax jurisdictions such as Florida, Texas, or Puerto Rico, yet continue to circulate between New York, California, Illinois, and other high-tax states, the answer increasingly runs through software.Most tax tracking apps were launched in the 2010s, but they gained prominence during the COVID-19 pandemic as remote work expanded dramatically. Since then,…
Peter Diamandis offers $3.5 million to filmmakers who portray AI as the hero—not the villain
Billionaire founder of XPRIZE Peter Diamandis is tired of the doomsday scenarios painted by movies like Terminator or Ex Machina.Aspiring filmmakers can submit three-minute trailers or short films that portray “positive visions of the future,” for the chance to be one of five finalists to receive $100,000 in cash. The winner will receive both the cash prize as well as…
Oil hits $100 a barrel and stocks sink as Iran War drags on with no end in sight
But such moves are short-term fixes, and they do not clear the long-term risks. Analysts have said that if the Strait of Hormuz remains closed, oil prices could jump to $150.What’s made this jump for oil prices frightening is not only the degree — prices jumped near $120 earlier this week to their highest level since 2022 — but that…
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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge
The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…
India Revs Up EV Industry: New Policy to Attract Investment
Buckle up, India! The Indian government has shifted into high gear with…
UBS Recommends European Stocks Over US: A Shift in Investment Strategy
In a surprising shift, investment banking giant UBS urges investors to focus…
US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends
It's a pivotal week for the US stock market as earnings season…
Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry
Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…
Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies
The Indian stock market has witnessed a period of turbulence, with the…
Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans
Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…
AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development
Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…
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RBI’s Strategic Shift: Gold Reserves Surge Signals Inflation Hedge
The Reserve Bank of India (RBI) has been making headlines for its strategic shift towards gold. In the first four months of 2024 alone, the RBI has significantly increased its…
