The heirs of an estate can be liable to pay the estate or income taxes (and perhaps other obligations) of the estate. A recent court case involved the estate of the founder of Gulfstream, the aircraft manufacturer. The founder, Allen Paulson, died in 2000 with an estate valued at about…

Many of the nation’s bigger cities confront a surplus of aging Class B and C office buildings. They also suffer from a deficit of affordable apartments. The solution would seem obvious. Convert obsolete, empty office structures to needed housing, achieving a more environmentally respectful solution than building apartments from scratch.…

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]Federal Reserve Chairman Jerome Powell speaks Wednesday to the House Financial Services Committee in the first of two days on Capitol Hill where he will be…

The Federal Trade Commission on Wednesday sued Amazon, alleging the nation’s dominant online retailer intentionally duped millions of consumers into signing up for its mainstay Prime program and “sabotaged” their attempts to cancel.The agency claims Amazon violated the FTC Act and the Restore Online Shoppers’ Confidence Act by using so-called…

Federal Reserve Chair Jerome Powell is testifying before congressional lawmakers this week, starting Wednesday morning with the House Financial Services Committee — just one week after the central bank paused its most aggressive rate-hiking campaign in decades. Powell doubled down on the hawkish view that the Fed isn’t done battling…

Watch full video on YouTube

ArbDoge AI, represented by the AIDOGE token, has recently experienced a notable price surge of 5%. After hitting a low point at 0.000000000128, AIDOGE managed to find support and has since embarked on a recovery, reaching the 0.000000000154 level. The question now arises: Will AIDOGE continue its upward momentum and surpass this…

Trade Thesis There has been a sharp and growing divide between two breeds of investors. On one side there are investors who are talking about a world where artificial intelligence, or AI, will transform the way in which people live and how that creates a bullish narrative for companies that…

China has responded with outrage after US president Joe Biden called his counterpart Xi Jinping a “dictator” in a row that threatens the nascent attempt to stabilise the deteriorating relationship between the powers.Biden said at a campaign fundraising event on Tuesday that Xi had not known about an alleged spy…

Justice Samuel Alito did not disclose a luxury 2008 trip he took in which a hedge fund billionaire flew him on a private jet, even though the businessman would later repeatedly ask the Supreme Court to intervene on his behalf, ProPublica reported. In a highly unusual move, Alito preemptively disputed…