Wealthy investors and family offices shied away from stocks leading up to market swings this week, but many saw the drop in prices as an opportunity for tax savings and estate planning, according to wealth advisors. Private banks and wealth managers say their clients have been reducing their stock holdings…
Trump Media, the social media company whose majority shareholder is former President Donald Trump, on Friday reported a net loss of more than $16 million for the most recent financial quarter, mostly due to legal expenses, as well as consulting and licensing expenses. Trump Media, which owns the Truth Social app often used by the former…
The Biden Administration on Monday unveiled a new, multi-agency regulatory initiative to target corporate practices that officials claim are designed to waste consumers’ time and needlessly burden them with red tape, in order to maximize profits. “I think we can all relate to this,” White House domestic policy advisor Neera Tanden…
The death toll from a landslide at a vast garbage dump in Uganda’s capital Kampala has risen to 17, a Red Cross official said on Sunday, as rescue workers continued to dig for survivors. After torrential rain in recent weeks a huge mound of garbage at the city’s only landfill…
Hezbollah fired a barrage of rockets toward northern Israel on Sunday night, as Israeli forces remain on high alert for potential retaliation from Iran and its proxies following the assassination of a top Hamas leader last month. Rocket fire toward Israel by Iran-backed Hezbollah militants in southern Lebanon has become…
Russian forces started a fire at the Russian-controlled Zaporizhzhia Nuclear Power Plant in southern Ukraine, Ukrainian President Volodymyr Zelensky said in a Telegram post Sunday. Zelensky posted a video showing a large plume of smoke coming out of one of the towers on the plant’s territory. He said radiation indicators…
The Israel Defense Forces said Sunday its instructions to the public have not changed amid a possible retaliatory attack from Iranian forces after the assassination of Hamas political leader Ismail Haniyeh. “The IDF and the security establishment monitor our enemies and the developments in the Middle East, with an emphasis…
Using his sleeve to wipe tear gas from his burning eyes, 25-year-old Mugdho weaves through the crowd, handing out bottles of water to the protesters whose demands for reform would soon topple Bangladesh’s leader. Fifteen minutes later, the university student would become a martyr of the protest movement, when a bullet…
China is celebrating its best-ever performance at an overseas Olympics after winning the same number of golds as the United States at the Paris 2024 Games. Both countries finished with 40 golds, marking the first ever tie for total golds at the Summer Games – but the US claimed top spot overall with…
A helicopter crashed onto the roof of a seaside hotel in Cairns, Australia, in the early hours of Monday, killing the pilot, authorities said, as video showed flames and smoke billowing into the night sky. Hundreds of guests and staff of the luxury DoubleTree by Hilton Hotel were evacuated into…