3 Days After Introducing an AI Feature, Meta Hits Pause in Wake of Privacy Backlash

(Bloomberg) — Parents would gain a new way to shelter up to $2,500 a year in wages from federal income taxes under a new Treasury Department proposal that expands the potential financial appeal of the president’s signature Trump Accounts. The proposal, released Tuesday, goes beyond the parameters set by Congress for the tax-advantaged children’s savings…

Houthis Advance in Yemen Threatens Red Sea Shipping, Saudi Oil Exports Escalation of Conflict and Impact on Global Shipping By Enas Alashray, Idrees Ali and Jana Choukeir Houthis Seize Mocha and Advance Along Red Sea CAIRO/WASHINGTON/DUBAI, Sept 10 (Reuters) – Iran-aligned Houthis seized control of Yemen’s port city of Mocha on Thursday and advanced down…

Before becoming the founder of Bridgewater Associates, not to mention a celebrated author, Ray Dalio faced a moment of financial distress that reshaped his entire approach to investing and life. After being fired early in his career, Dalio founded what would become the world’s largest hedge fund as an independent operation, run out of his…

Outsourcing credit lets the Chinese EV maker scale fast while leaving asset risks to lenders. This article appears in the July/August issue of Global Finance Magazine. Walk the streets of cities like Valencia or Paris, and you don’t need the data to see BYD everywhere, especially in ride-hailing fleets and private transportation. These days, the…

Opinions expressed by Entrepreneur contributors are their own. Key Takeaways The most crucial factor in a successful franchise recruitment effort is leadership engagement. The Executive Sponsor is the key driver of alignment and credibility in turnkey recruiting efforts. Leadership engagement done right enhances brand reputation and builds a more aligned network. If you’re unfamiliar with…