Ultra-rich put off new yachts, jets in hope of Trump tax cut
The very top of the 1% are waiting until after the presidential election to buy big ticket items like jets in the hopes that Donald Trump’s election could save them…
How the U.S. government is regulating AI
The U.S. government is considering laws to help society adapt to the introduction of artificial intelligence. Early users of the technology are already seeing labor productivity gains. For example, Klarna,…
How much should the average American expect from their 2023 tax refund
One in four Americans have no idea if they’ll get a tax refund this year, according to new research. A survey of 2,000 U.S. adults looked at how many are…
Why California faces high gas prices
California is home to some of the highest gas prices in the United States, according to AAA. The national average for a gallon of regular unleaded was $3.40 as of…
Hawaii wants to charge $25 per tourist tax
Lawmakers in Hawaii are poised to approve a $25 climate tax on tourists who visit the Aloha State in an effort to combat what they claim is an assault on…
Jeff Bezos has sold $6B worth of Amazon shares this month
Jeff Bezos has unloaded another 12 million shares of Amazon worth $2 billion, bringing the total stock he sold during the past week to more than $6 billion. The 60-year-old…
Jeff Bezos will save over $600M in taxes in Seattle-Miami move
Billionaire Jeff Bezos’ recent move to Miami will help him save more than $600 million in taxes as he sells more than 50 million shares of Amazon stock over the…
New homes for Chiefs, Royals face hurdle after county official vetoes stadium tax
A proposed tax that would help fund new stadiums for the Super Bowl champion Kansas City Chiefs and baseball’s Kansas City Royals was shot down by a local Missouri legislator.…
A social-media win for history, Putin’s vile civilian attacks and other commentary
Libertarian: A Social-Media Win for History Just 72 hours after announcing plans to “permanently remove a statue of Pennsylvania founder William Penn and a replica of his home from Philadelphia’s…
Wall Street banks propel Dallas to No. 2 in number of finance workers
There’e big dollars flowing into Big D. Dallas has emerged as a new financial mecca, trailing only New York in number of finance workers as Wall Street firms seek out…