Helen H. Richardson | Denver Post | Getty Images Homeowners are getting richer and richer as prices keep soaring – and the numbers are staggering. Those with mortgages — about 62% of all properties — saw their equity jump by 20% in the first quarter from a year earlier, according […]
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Many wealthy Americans escape big income tax bills. Here’s how they do it
Yes, the super-rich are different than the rest of us. A lot of them pay very little in income taxes. Some of the world’s wealthiest executives, including Warren Buffett, Jeff Bezos, Michael Bloomberg and Elon Musk, pay little to no taxes compared to their wealth, a ProPublica report revealed on […]
Moderna asks FDA to clear Covid vaccine for adolescents 12 to 17
A nurse gives Sherri Trimble, 15, a shot of the vaccine at a vaccination clinic at Health First Medical Centre in Melbourne, Florida. Paul Hennessy | SOPA Images | LightRocket | Getty Images Moderna said it has asked the Food and Drug Administration to expand the emergency use of its […]
G-7 summit: Here’s a quick guide to everything you need to know
A aerial view of The nearby town of St Ives close to The Carbis Bay Estate hotel and beach, which is set to be the main venue for the upcoming G7 summit, is seen from a drone on June 2, 2021 in St Ives, Cornwall. Matt Cardy | Getty Images […]
The credit card wars are heating up again as Citigroup takes on JPMorgan with new 5% cash-back card
Pam Habner, Citigroup’s Head of US Branded Cards Source: Citigroup Banks have been falling over themselves recently to entice new credit-card customers, dangling hefty 100,000 point bonuses and rolling out new products. Now Citigroup is making a push in one of the fastest-growing card segments. The bank is launching a […]
G-20 GDP returns to pre-pandemic levels, with China seeing a massive rebound
Employees work on the production line of silicon wafer at a workshop of Jiejie Semiconductor Co., Ltd on March 17, 2021 in Nantong, Jiangsu Province of China. Xu Congjun | Visual China Group | Getty Images The Group of Twenty (G-20) economies saw gross domestic product return to pre-pandemic levels […]
The G-7 summit: Here’s a quick guide to everything you need to know
A aerial view of The nearby town of St Ives close to The Carbis Bay Estate hotel and beach, which is set to be the main venue for the upcoming G7 summit, is seen from a drone on June 2, 2021 in St Ives, Cornwall. Matt Cardy | Getty Images […]
Bitcoin jumps more than 13% after El Salvador passes law to adopt it as legal tender
Chesnot | Getty Images Other cryptocurrencies got a lift as well, and ether and XRP were both trading higher. Bitcoin is still significantly off of its record high of $64,829.14 that was hit in April. Bitcoin is known for wild price swings that have prompted critics to suggest it is not suitable to […]
Singapore to start easing Covid restrictions as daily infections fall
A woman, wearing a face mask as a prevention against Covid-19 walks along the promenade at Marina Bay in Singapore on May 4, 2020. Roslan Rahman | AFP | Getty Images SINGAPORE — Singapore’s government on Thursday said it will start easing Covid-related restrictions as the number of daily infections […]
India reports more than 6,000 daily Covid deaths — highest ever in the world
A patient wearing an oxygen mask is wheeled inside a COVID-19 hospital for treatment, amidst the spread of the coronavirus disease (COVID-19) in Ahmedabad, India, April 26, 2021. Amit Dave | Reuters India’s daily reported death toll from the coronavirus crisis reached a record high on Thursday, with more than […]