business

Lower IRS collections this tax season due to workforce downsizing and dynamic taxpayer behaviour could increase the risks of the US Treasury being unable to repay bills on time and in full by June unless Congress hikes the debt ceiling.

Niloy Chakrabarti Mar 26, 2025

Massive workforce downsizing and new mandates enforced by DOGE are severely impacting access to Social Security services for millions of recipients.

Niloy Chakrabarti Mar 26, 2025

Increasing your annual income, working for at least 35 years, and delaying Social Security benefits claims can increase your monthly income significantly.

Niloy Chakrabarti Mar 24, 2025

While a one-time cash payout can significantly reduce the lottery jackpot amount, it gives you more control over how to invest and grow the money.

Niloy Chakrabarti Mar 21, 2025

The US stock market bounced back after declining for weeks after the US Fed forecast two rates cuts this year despite concerns of high inflation, unemployment, and a slump in consumer spending.

Niloy Chakrabarti Mar 20, 2025

While Buffett reassured investors of his preference for equities over cash earlier this year, he expressed concerns last week about the impact of Trump's tariffs on corporate earnings and the broader economy.

Niloy Chakrabarti Mar 20, 2025

A recent study has found that workers are working from 8 a.m to 4:39 p.m., a tiny shift that has resulted in mass profits and benefits for American companies.

Andrea Tode Jimenez Mar 19, 2025

ARK Invest believes institutional investments in Bitcoin, a US strategic reserve, and attributes like portability, store of value, and security could lift prices massively in the coming years.

Niloy Chakrabarti Mar 19, 2025

A California jury awarded $50 million to a Starbucks customer burned by hot coffee, but UK laws would make a similar payout nearly impossible—here's why.

Andrea Tode Jimenez Mar 17, 2025

Robert Herjavec believes that one must be passionate about business ideas and have the ability to pivot to become a successful entrepreneur.

Niloy Chakrabarti Mar 17, 2025

'Shark Tank' star Robert Herjavec shares low-capital business ideas and practical strategies to help aspiring entrepreneurs earn their first $1 million.

Niloy Chakrabarti Mar 15, 2025

Mark Cuban purchased the entire town of Mustang, Texas, for £1.54 million, revealing plans to transform it into a dinosaur-themed attraction.

Niloy Chakrabarti Mar 15, 2025

Bridgewater Associates made several changes to its portfolio in Q4 2024, prioritising cybersecurity, ecommerce, financial, and network infrastructure companies.

Niloy Chakrabarti Mar 14, 2025

Over the past years, Jeff Bezos has consistently donated millions of Amazon shares to non-profit organisations as part of his philanthropic efforts.

Niloy Chakrabarti Mar 11, 2025

Nancy Pelosi's investments in top tech giants have markedly declined after Trump's tariff plans introduced volatility in stock markets.

Niloy Chakrabarti Mar 10, 2025

US President Donald Trump signed an executive order on 6th March to create a strategic national reserve for Bitcoin and other digital assets, fulfilling his campaign promise.

Niloy Chakrabarti Mar 07, 2025

DOGE chief Elon Musk recently signalled at a conference that the USPS and the passenger rail service Amtrak should be privatised to resolve their long-standing financial challenges.

Niloy Chakrabarti Mar 06, 2025

Juan charges too little for too many jobs, and his financial struggles in childhood limit his earnings despite having a strong skill set.

Niloy Chakrabarti Mar 05, 2025

The Social Security Administration announced clearing over £5.85 billion in retroactive payments to 1.12 million public pension recipients under the Social Security Fairness Act.

Niloy Chakrabarti Mar 05, 2025

Former Social Security commissioner Martin O'Malley cautioned that the Department of Government Efficiency-led (DOGE) reductions in funding and staffing for the SSA could lead to a system collapse within the next 30 to 90 days.

Niloy Chakrabarti Mar 04, 2025

The new payment hikes are being implemented under a new law that eliminated the Windfall Elimination Provision and Government Pension Offset rules, which had limited Social Security payments for people receiving pensions for work not covered by Social Security.

Niloy Chakrabarti Mar 04, 2025

Microsoft is officially retiring Skype, urging users to switch to Teams as the once-dominant video calling platform loses out to modern rivals like Zoom.

Marcelo Alejandro Leyva Chapa Mar 04, 2025

Trump posted on Truth Social yesterday that he plans to include cryptocurrencies like Bitcoin, XRP, Ethereum, Solana, and Cardano (ADA) in the national strategy crypto reserve.

Niloy Chakrabarti Mar 03, 2025

Nvidia, Microsoft, Apple, Amazon, Alphabet, and Tesla are some of the top companies that have created tremendous value for shareholders between 2015 and 2024.

Niloy Chakrabarti Mar 03, 2025

The average US tax refund for the 2024 tax year dropped to £1,725 as of 14th February 2025 from £2,551 on the same day last year.

Niloy Chakrabarti Feb 28, 2025

The already lengthy times for appealing rejections for the Social Security Disability Insurance benefits could worsen due to systemic challenges and DOGE's decision to downsize the federal agency.

Niloy Chakrabarti Feb 27, 2025

Bitcoin prices continued its downward trend as Trump reaffirmed plans to impose import tariffs on Canada and Mexico. The Bybit exchange hack last week also added to the market volatility.

Niloy Chakrabarti Feb 25, 2025

Paying off a mortgage earlier than planned might not always translate to financial freedom if you don't consider rising fixed costs and unforeseen expenses.

Niloy Chakrabarti Feb 25, 2025

Over 8 million Americans rely on Social Security Disability Insurance to support their households due to their inability to work.

Niloy Chakrabarti Feb 25, 2025

A New York McDonald's is banning the entrance of customers under 20 without adult supervision. The move follows a series of violent crimes at the Flatbush location as well as other local McDonald's.

Andrea Tode Jimenez Feb 25, 2025