NEWYou can now listen to Fox News articles! Katy Perry enjoyed some fun in the sun while taking a break from her worldwide tour and ahead of testifying in the court battle over her $15 million mansion. On Thursday, the 40-year-old pop star was spotted taking a dip in the ocean and frolicking on the […]
The Trump-Intel Deal Is Official
The United States government is making an $8.9 billion investment in Intel, representing a 9.9 percent stake in the company, according to a press release the company published on Friday. The investment will be funded by $5.7 billion in grants Intel was awarded under the 2022 CHIPS Act and $3.2 billion the company was awarded […]
US rep introduces bill to authorize state-sanctioned piracy against cybercriminals
Arizona lawmaker David Schweikert introduced “The Scam Farms Marque and Reprisal Authorization Act of 2025” in August, which proposes neo-privateers — state-sanctioned pirates — to combat cybercriminals engaged in threats against the United States. The bill authorizes the US president to issue letters of marque to “privately armed and equipped persons” contracted by the government […]
How wealthy investors use ETFs to avoid capital gains taxes
After years of stock market growth, many investors are sitting on large profits in taxable accounts, which could trigger hefty capital gains when sold. That bill can be significant for wealthy Americans, with a 20% top capital gains rate, plus 3.8% net investment income tax, depending on earnings. One solution, known as a 351 conversion […]
Google scores six-year Meta cloud deal worth over $10 billion
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta has agreed to spend more than $10 billion on Google cloud services, according to two people familiar with the matter. The agreement spans six […]