Jyoti Singh
Stay updated with the latest news for free Just subscribe to the Pensions myFT Digest and receive updates directly in your inbox. The inclusion of pensions in inheritance tax starting from April 2027 will have a significant impact on the tax bills of wealthy UK pensioners, according to experts in the field. In the recent … Read more
The mother of a 14-year-old Florida boy is suing an AI chatbot company after her son, Sewell Setzer III, died by suicide—something she claims was driven by his relationship with an AI bot. “Megan Garcia seeks to prevent C.AI from doing to any other child what it did to hers,” reads the 93-page wrongful-death lawsuit … Read more
“ On Wednesday, Goldman Sachs reiterated its Buy rating on Meta Platforms Inc. (NASDAQ: NASDAQ:), maintaining a price target of $636.00 for the stock. The financial institution’s analysis came after Meta’s third-quarter earnings report for 2024, which showed revenues slightly exceeding Goldman Sachs and other Wall Street estimates, falling within the upper range of the … Read more
“ Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prime Minister Sir Keir Starmer repeatedly warned of difficult decisions leading up to Wednesday’s Budget. His chancellor certainly followed through. Rachel Reeves unveiled the UK’s largest tax-raising package since the early 1990s, imposing a … Read more
Arnold Schwarzenegger, despite his dislike for politics and reluctance to make endorsements, has spoken out in support of the Democratic ticket in the face of a potential second Donald Trump presidency. In a message posted online, Schwarzenegger announced that he would be casting his vote for Vice President Kamala Harris and Governor Tim Walz, expressing … Read more
Stayce D. Harris, a director at BlackRock (NYSE:) Municipal Income Trust II (NYSE:BLE), recently purchased 10 shares of the company’s common stock. The transaction, which took place on October 29, saw Harris acquire the shares at an average price of $10.7342 per share, totaling $107. This acquisition now brings Harris’s total holdings to 10 shares, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK borrowing costs rose on Wednesday, reversing an initially positive reaction to the Labour government’s Budget, as investors were surprised by the level of additional borrowing needed to fund Rachel Reeves’ plans. The 10-year gilt … Read more
“ As the U.S. presidential election approaches, it seems that some Gen Z individuals may be keeping their true voting preferences under wraps. According to a poll conducted by The Harris Poll for Axios, over 1,800 registered voters were surveyed between October 22 and 24. The results revealed that 23% of respondents across different age … Read more
Investing.com– U.S. stocks experienced a slight decline on Wednesday, largely due to a disappointing growth update. However, the losses were mitigated by a surge in Alphabet, the parent company of Google, following strong quarterly earnings. At 09:35 ET (13:35 GMT), the Dow Jones Industrial Average fell 32 points, or 0.1%, the S&P 500 index dropped … Read more
The UK chancellor Rachel Reeves has unveiled a £40bn tax hike, the largest in a generation, with businesses taking the brunt of a Budget aimed at fixing Britain’s “broken” public finances and services. Extra borrowing averaging £28bn per year over the parliament has unsettled investors, pushing government borrowing costs to a five-month high. The decision … Read more