Hedge fund billionaire and Trump donor John Paulson says market would ‘crash’ under Harris tax plans
John Paulson, a supporter of Donald Trump, said there could be a collapse in the financial markets if Kamala Harris’ proposed tax plans become a reality.
Tiger Global plans to join OpenAI’s funding round at more than $150 billion valuation
Tiger Global is planning to join OpenAI’s buzzy new funding round that would value the AI startup at more than $150 billion.
Canada and New Zealand are among the 10 best countries for a comfortable retirement—the U.S. didn’t make the list
U.S. News and World Report ranked the countries based on an international survey of nearly 17,000 people.
Beijing suspends PwC’s China unit for six months in record penalty over Evergrande audit
Regulators hit PwC’s auditing unit in China with a six-month business suspension and a 441 million yuan fine over the firm’s audit of China Evergrande Group.
Harris’ rise in polls sparks wave of wealth transfers to kids
Currently, individuals can send up to $13.61 million (and up to $27.22 million for couples) to beneficiaries without owing estate or gift taxes.
China raising its retirement age may be unpopular but it’s much needed, analysts say
Economists have long called for an overhaul of the nation’s retirement age laws, currently among the world’s lowest, that was set in an era with lower life expectancies.
British government had ‘constructive’ talks with Musk’s X over disinformation, minister says
The U.K. government has had “constructive” talks with X over the spread of misinformation and other harmful content, technology minister Peter Kyle told CNBC.
UK regulator finds Vodafone and Three merger would lead to price rises, seeks remedies for deal
The U.K. Competition and Markets Authority (CMA) said the Vodafone and Three U.K. merger would lead to price increases for tens of millions of customers.
UK regulator finds Vodafone and Three merger would lead to price rises, seeks remedies for deal
The U.K. Competition and Markets Authority (CMA) said the Vodafone and Three U.K. merger would lead to price increases for tens of millions of customers.
U.S. firms say confidence in China has hit an all-time low
American companies in China are experiencing historically low optimism and poor profits amid geopolitical tensions and a slowing Chinese economy, surveys show.
