According to Form 4 filings with the US Securities and Exchange Commission (SEC), Amazon (NASDAQ: AMZN) founder Jeff Bezos offloaded 16.35 million company shares with an aggregate market value of £2.41 billion ($3.048 billion) between 1st and 13th November 2024. Bezos notified the SEC of the massive Amazon share sale on 1st November via a … Read more
Palantir Technologies (NASDAQ: PLTR) stock was added to the Nasdaq 100 index, according to a NASDAQ announcement on 13th December. PLTR shares became eligible to join the tech-heavy benchmark after a strategic move to the NASDAQ from the New York Stock Exchange (NYSE) last month. The company is a leading AI software system provider facilitating … Read more
A surprising team-up is brewing between US Senator Bernie Sanders and President-elect Donald Trump on a long-standing issue that kept millions of Americans in debt for years while hampering their ability to save and grow money. During his campaign, Trump suggested temporarily imposing a 10% limit on credit card interest rates to allow people to … Read more
A couple in their 40s, living paycheck to paycheck with no monthly savings, has delayed their wedding due to lingering financial anxieties and unresolved money traumas. Dawn, 48, and Richard, 43, reside in a rented home in upstate New York, juggling complicated financial histories and deeply ingrained habits that have strained their relationship. The pair, … Read more
Katie Holmes has forcefully denied recent claims made by the Daily Mail that her daughter, Suri Cruise, has gained access to a substantial trust fund from her father, Tom Cruise. The Dawson’s Creek actress took to Instagram to call out the report as “completely false,” adding, “Daily Mail, you can stop making stuff up.” Holmes … Read more
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
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
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
