At the national level, the middle class is typically defined as households that earn between two-thirds and double the household median income. Based on 2023 figures, that means those with an annual income between $53,740 and $161,220. Compared to its peak, inflation in the U.S. has eased substantially. According to the Bureau of Labor Statistics, […]
Bitcoin tops $70,000 for the first time since June
Omer Taha Cetin | Anadolu | Getty Images Bitcoin climbed above $70,000 as investors braced themselves for MicroStrategy earnings and counted the days to the U.S. presidential election. The price of bitcoin was last higher by about 2% at $71,048.36, according to Coin Metrics. Ether jumped 5%. Stocks tied to the price of the cryptocurrency […]
‘Dallas’ star Linda Gray turns to helping others after being shook to her ‘core’ decades after hit show’s end
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AI Slop Is Flooding Medium
Some Medium writers and editors do applaud the platform’s approach to AI. Eric Pierce, who founded Medium’s largest pop culture publication Fanfare, says he doesn’t have to fend off many AI-generated submissions and that he believes that the human curators of Medium’s boost program help highlight the best of the platform’s human writing. “I can’t […]
Stablecoins essential for US dollar’s future, says Paxos CEO
In an open letter to Donald Trump and Kamala Harris, Charles Cascarilla highlighted the role of stablecoins in maintaining the US dollar’s global dominance and improving banking efficiency.
How to leverage higher income limits for the 0% capital gains bracket
dowell | Moment | Getty Images The earnings limit for the 0% capital gains bracket will rise in 2025, which could offer tax planning opportunities, financial experts say. At sale, profitable assets owned for more than one year qualify for lower taxes — known as long-term capital gains. Those rates are 0%, 15% or 20%, […]
Wise’s billionaire CEO fined £350,000 by regulators over tax issue
Kristo Kaarmann, CEO and co-founder of Wise. Eoin Noonan | Sportsfile | Getty Images LONDON — Kristo Käärmann, the billionaire CEO of money transfer firm Wise, was slapped with a £350,000 ($454 million) fine by financial regulators in the U.K for failing to report an issue with his tax filings. Käärmann, who co-founded Wise in […]
Reba McEntire became a cowgirl on family ranch at age 5 before country music stardom
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Nigeria Drops Charges Against Tigran Gambaryan, Jailed Binance Exec and Former IRS Agent
For eight months, the criminal investigator who pioneered cryptocurrency tracing as a law enforcement technique has, in a bizarre twist of fate, been jailed in Nigeria facing charges of money laundering and tax evasion. Now he is finally coming home. On Wednesday in Abuja, a court ruled that criminal charges against Tigran Gambaryan, a Binance […]
9 AI tools that can make you better at your job
AI is revolutionizing workplace efficiency. Here are nine innovative tools reshaping the future of work across different industries.