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A tax on extreme wealth is often dismissed in the media and by governments as too difficult to implement or counterproductive and ineffective, but how true is that? Studies suggest a levy on the top 0.5% of the richest households worldwide could raise huge sums, which could be transformative for countries' economies. So why isn't it happening? Josh Toussaint-Strauss speaks to Mark Bou Mansour from the Tax Justice Network to untangle some of the myths around a wealth tax, find out how it...
McDonald's is dusting off its Monopoly contest after a long hiatus, but fans will notice a new twist when the promotion returns on Monday. The days of peeling paper tabs from Big Macs and fries are not entirely gone, but the classic board game tie-in is going digital, Quartz reports....
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Each week, we invite readers to share their views on the financial stories making headlines and impacting your bank balance...
Berkshire Hathaway is making its biggest move in years, announcing a $9.7 billion cash purchase of OxyChem, the petrochemical arm of Occidental Petroleum. The acquisition is Berkshire's largest since it bought insurer Alleghany for $11.6 billion in 2022, and it comes as Warren Buffett's tenure as CEO nears...
Tesla outperformed expectations in Q3, delivering nearly half a million vehicles as buyers in the US scrambled to lock in a $7,500 federal tax credit that expired at the end of September. Analysts had anticipated around 447,600 deliveries; the actual count was 497,099, reports CNBC . The Wall...
Over half a million young adults could be missing out on funds worth thousands...
The dollar was little changed Wednesday, recovering from earlier declines, as traders weighed the potential fallout from a U.S. government shutdown.
On Polymarket, traders see the highest likelihood that the government won't reopen until Oct. 15 or later.
Not happy ATM | Edward Thomas | Electronic ID | Trump and Blair | Days of thunder I am used to the constant email requests for feedback or reviews after purchasing anything online or receiving deliveries, but this one beggars belief: "Based on your recent experience of using the cash deposit machine, how likely are you to recommend the NatWest Didsbury Wilmslow Road to a friend or family member?" Do Natwest seriously think I have time to review a machine? Susan Treagus Manchester The artistic...
The potential deal, which could finalize within days per the Journal, could be Berkshire's largest since 2022 when it bought Alleghany for $11.6 billion.
JPMorganChase said it is preparing to launch a new DIY investment platform next year.
A Social Security Administration office in Manhattan. The agency's field offices generally stay open during budget lapses.
Nationwide says prices rose by 0.5% in September after August drop, lifting average price of property to 271,995 Business live latest news The UK property market returned to growth in September after a summer lull, with house prices rising 0.5% compared with the previous month. The average amount paid for a home ticked up to 271,995, according to Nationwide Building Society, recovering from a 0.1% decline in August, while the annual rate of house price growth accelerated slightly from 2.1% to 2...
Anela Malik said she saved for splurges -- preferring experiences over things -- by living frugally in her studio apartment.
NPR - 2 days 12 hours agoA $7,500 tax credit is available for the lease or purchase of many electric vehicles but only if contracts are inked by midnight on Sept. 30. The result: The market for EVs is a little distorted.
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