The Social Security Administration (SSA) has warned that funding shortfalls could lead to service delays for millions of recipients, as critical staffing levels face significant reductions. The potential loss of over 2,000 workers would come amid record-high numbers of Social Security beneficiaries relying on the agency for essential services. Staffing Crisis Looms Amid Funding Dispute … Read more
Elon Musk has reached a historic milestone, becoming the first individual to amass a net worth exceeding £314 billion ($400 billion). This leap comes after SpaceX executed a significant insider share sale, boosting the company’s valuation to £275 billion ($350 billion). Musk’s stakes in SpaceX and Tesla remain pivotal to his extraordinary wealth. SpaceX Valuation … Read more
The launch of the HAWK meme coin, spearheaded by social media influencer Haliey Welch, has devolved into controversy as reports reveal that her crypto team profited £2.59 million ($3.3 million) during a chaotic rollout. The token’s value crashed by 95% shortly after launch, sparking investor outrage and leading to complaints filed with the US Securities … Read more
Microsoft (NASDAQ: MSFT) co-founder Bill Gates has long been a proponent of environmental initiatives and a sustainable future. However, according to Walter Isaacson’s 2023 biography of Elon Musk, Gates’ alleged undisclosed short position against Tesla (NASDAQ: TSLA) led Musk to view his actions as hypocritical. A short position is simply betting against the company, and … Read more
Only a few kinds of gifts have the potential to grow in value over time, and one of them is company stocks. If you plan to gift your loved ones this holiday season, offering them stocks you own can be a practical gift that could positively impact the recipients’ finances in the long run. MAI … Read more
Haliey Welch, 22, became a social media personality during the summers over the “hawk tuah” TikTok video, which instantly became a hit and enabled her to launch her own merchandise, the “Talk Tuah” podcast in September, and even an AI-based dating app called “Pookie Tools.” Her Instagram presence swelled to 2.6 million followers, and she … Read more
Mumbai: The Indian stock market, seen as the best performer in the emerging markets (EMs), crossed the 85,000 mark for the first time in September this year. Now, multinational investment bank and financial services company Morgan Stanley has forecast that the BSE Sensex may cross the historic 1 lakh level in this bullish scenario by … Read more
According to sources, SpaceX will likely sell insider shares in a potential tender offer that will value the rocket company close to $350 billion. This move could make SpaceX the most valuable private startup globally and ahead of top defence and aerospace firms like Lockheed Martin and GE Aerospace. As Bloomberg reported last month, SpaceX’s … Read more
Former UBS asset manager Helmut Jonen earned a salary of over $322,000 (£253,818) annually over a decade ago. However, he quit the bank once his passive income from investment dividends reached north of $257,000, or 80% of his UBS salary. He achieved this milestone at the age of 52. “This year, I will probably earn … Read more
A will ensures that a person’s wishes are fulfilled to the letter after their passing. Properly drafted and witnessed wills provide the legal framework for distributing wealth to family members, settling debts, arranging specific funeral plans, or deciding the fate of mortal remains. While many begin contemplating wills in middle age, misconceptions remain about their … Read more
