Historically, the tax system has operated as a bulwark against concentrations of wealth. And in this way, it has served to ...

India will pay about $2 billion to lease a nuclear-powered submarine from Russia, according to people familiar with the matter, finalizing delivery of the vessel after roughly a decade of talks just ...

Azalia King was the last holdout preventing the construction of a Micron "megafab." Onondaga County authorities threatened to use eminent domain to take her home away by force. Azalia King moved into ...

FT quotes interview with EXIM chair John Jovanovic First tranche of deals will include projects in Egypt, Pakistan and Europe Nov 23 (Reuters) - The U.S. Export-Import Bank (EXIM) will invest $100 ...

Nov 19 (Reuters) - Brookfield Asset Management (BAM.N), opens new tab launched a $100 billion artificial intelligence infrastructure program in partnership with Nvidia (NVDA.O), opens new tab and ...

Ackman sees huge upside in the stocks he owns, including Uber and Alphabet. Bill Ackman is among the world's wealthiest people. With a net worth of $9.3 billion, he ranks 311 on the Forbes World ...

2 Florida Publix stores sold a winning Mega Millions and Powerball ticket worth $1.58 billion. Edwin Castro of Altadena, California, won $2.04 billion Powerball in November 2022. He claimed it on ...

President Trump proposed paying a dividend of “at least $2,000 a person” with new tariff revenue in a post on Truth Social this weekend. The post noted that “high income people” would be excluded from ...

For $360 billion, the country could fund SNAP benefits for four years. Big Tech spent that much on AI data centers in one year. Maybe you’ve heard that artificial intelligence is a bubble poised to ...

Economists and psychologists say that compensation may not provide as powerful an incentive as is often assumed. By Patricia Cohen Patricia Cohen, the global economics correspondent, is based in ...

Tesla shareholders approved a pay package on Thursday that could make CEO Elon Musk, already the world’s richest person, the world’s first trillionaire. Tesla announced that more than 75% of shares ...

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