Saudi Arabia stocks lower at close of trade; Tadawul All Share down 1.30%

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A strategy popularized by AQR Capital Management, the world’s largest hedge fund, to help wealthy people slash their taxes on ordinary income is facing the most concrete sign yet that U.S. authorities are preparing to clamp down. Processing Content As part of an array of warnings to Wall Street on Monday, the Internal Revenue Service…

Follow us Add us as a preferred source on Google Newsletter Subscribe to our newsletter In times of rising inflation and interest rates, commodities can provide essential protection for investors’ portfolios. “If you’re listening to the bond market today, it’s telling you ‘diversify,’” Evy Hambro, global head of thematic and sector investing at asset manager…

The S&P 500 Index ($SPX) (SPY) is up by +0.40% today, the Dow Jones Industrial Average ($DOWI) (DIA) is up by +0.13%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up by +0.94%.  E-mini S&P futures (ESU26) are up +0.35%, and September E-mini Nasdaq futures (NQU26) are up +0.94%. Stock indices are climbing today, supported by weakness in crude…

Muse Image allowed users to create AI-generated images from photos posted on Instagram—without permission. ‘We missed the mark,” Meta admits.

One of the biggest trends in payments these days is agentic commerce, and the major card networks are making sure they can master the trend on behalf of banks and merchants. The payoff can be substantial. “AI is changing how commerce happens, and that leads to more transactions for Mastercard,” noted Michael Miebach, Mastercard’s chief…