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 […]
Jessica Alba posts bikini photos as ex Cash Warren spotted with new woman
NEWYou can now listen to Fox News articles! Jessica Alba is flaunting her bikini body after her ex-husband, Cash Warren, was seen with his new fling. Alba took to Instagram on Wednesday to share a collage of photos from her summer. Included was a picture of the actress wearing a black string bikini in a […]
Kanye West Said Memecoins ‘Prey On Fans.’ Then He Apparently Launched One
Kanye West, the hip-hop artist who goes by Ye, appears to have launched his own cryptocurrency, YZY, sparking a riot of trading activity. In February, West rejected the idea that he might launch a crypto coin. “I’M NOT DOING A COIN,” he wrote, in a since-deleted post on X. “COINS PREY ON THE FANS WITH […]
VERB, TON Treasury Company, Announces Over $780M in Assets
VERB Technology Company, a Toncoin (TON) acquisition company, said it has accumulated about $713 million in TON and $67 million in cash, totaling over $780 million in assets. The company completed a $558 million private placement in August, sending its share price soaring by more than 200%. A majority of these funds were used to […]
Trump’s ‘big beautiful bill’ expands 529 savings plan expenses
A student studies in the Perry-Castaneda Library at the University of Texas at Austin, Feb. 22, 2024. Brandon Bell | Getty Images As back-to-school season gets underway, parents have many more ways they can spend funds in 529 college savings plans this year, due to President Donald Trump‘s “big beautiful bill.” Yet a new survey […]
Microsoft guidance probably includes gutting volume discounts: analyst
Microsoft CEO Satya Nadella speaks at Axel Springer Neubau in Berlin on Oct. 17, 2023 Ben Kriemann | Getty Images Microsoft said last week that it plans to stop providing discounts on enterprise purchases of its Microsoft 365 productivity software subscriptions and other cloud applications. Since the announcement, analysts have published estimates on how much […]
Morgan Wallen refuses Grammy submission for chart-topping country album
NEWYou can now listen to Fox News articles! Morgan Wallen will not submit his best-selling country album for Grammy Awards consideration, Fox News Digital confirmed. The “Last Night” singer’s representatives did not provide Fox News Digital with additional details surrounding the decision. Wallen, 32, took the country music industry by storm with his 2018 “If […]
Do Large Language Models Dream of AI Agents?
During sleep, the human brain sorts through different memories, consolidating important ones while discarding those that don’t matter. What if AI could do the same? Bilt, a company that offers local shopping and restaurant deals to renters, recently deployed several million agents with the hopes of doing just that. Bilt uses technology from a startup […]
Judge Unfreezes $57.6 Million in Stablecoins
A US judge has unfrozen $57.6 million in USDC (USDC) stablecoins tied to the Libra token scandal in February, giving memecoin promoter Hayden Davis and former CEO of the Meteora decentralized exchange Ben Chow access to the funds. US judge Jennifer L. Rochon froze the funds in May as part of a hearing in a […]