When a crowdfunding campaign succeeds, the immediate concern is whether the money raised will help meet medical bills, educational expenses, or other pressing needs. Tax implications are usually the last thing on anyone’s mind. Yet, as taxpayers prepare to file their income-tax returns, one question often surfaces: Is money received through crowdfunding taxable?
Key Points AI infrastructure companies are issuing debt to finance their capital spending on data centers. The bond market has become more skeptical than the stock market about AI’s potential to deliver good returns on investment. 10 stocks we like better than Microsoft › Hyperscalers — the giant AI companies now racing to build AI…
Falling energy prices drove down inflation in June, offering Federal Reserve’s policymakers and would-be homebuyers a welcome reprieve after May’s dramatic surge. Beating economists’ expectations, overall prices increased by 3.5% in the 12 months through June, retreating from the previous month’s three-year-high of 4.2%, according to the U.S. Labor Department’s Consumer Price Index (CPI) data released Tuesday. Total…
Employees’ Provident Fund (EPF) members who leave their jobs before completing 10 years of eligible service under the Employees’ Pension Scheme (EPS) are not entitled to a monthly pension. Instead, they can either claim a withdrawal benefit or opt for a Scheme Certificate that preserves their pensionable service for future employment. However, the new Employees’…
Foundation has announced changes to selected products across its buy-to-let (BTL) range, effective today. The updates include rate increases across selected F1, F2 HMO, F2 MUFB, Large HMO, Short Term Let (STL) and Expat fixed rate products. The lender is increasing prices by as much as 0.30% on selected F1 two- and five-year fixed products…
Some things are so rare that they warrant attention when they occur. Investors are seeing that happen this year. The Shiller S&P 500 (^GSPC 1.01%) CAPE (cyclically adjusted price-to-earnings) ratio, named for economist Robert Shiller, measures the S&P 500’s price against inflation-adjusted earnings over a rolling 10-year period. This metric has topped 32 only five…
Despite FII stake reductions in the March quarter, several BSE 500 stocks rallied sharply, with top performers delivering returns of up to 220%, highlighting that foreign selling doesn’t always dictate stock performance.