Dollar holds firm as French fiscal woes keep euro on back foot
Dollar holds firm as French fiscal woes keep euro on back foot
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Bessent says U.S. could sanction China over AI model ‘theft’
Scott Bessent, US treasury secretary, during the 2026 Reagan National Economic Forum at the Ronald Reagan Presidential Library in Simi Valley, California, US, on Friday, May 29, 2026. Caroline Brehman | Bloomberg | Getty Images U.S. Treasury Secretary Scott Bessent on Tuesday said the Trump administration will look into whether Chinese artificial intelligence models have…
UMich September consumer sentiment 47.8 vs 51.0 expected
Priorwas 51.0 Current conditions 50.9 vs 51.3 exp Expectations 45.8 vs 50.5 exp One-year inflation 4.6% vs 4.0% exp Five-year inflation 3.4% vs 3.3% exp Those inflation expectations numbers will further tilt the Fed towards hiking rates next week. I think it’s a done deal now and the market has it at 82%. This article…
Simon family dynasty split by lawsuit over real estate company
The family that owns Simon Property Group (SPG), the nation’s largest mall owner, is embroiled in an internal feud over a separate real estate company that controls a portion of the family’s assets. Herbert Simon, co-founder of Indianapolis-based SPG and a majority owner of the NBA’s Indiana Pacers, is suing the family of his…
Homebuyer Assistance Programs Guide | Pennymac
Owning a home may be more within reach than you think, especially with the range of financial support available today. From grants to government-sponsored programs and loans, buyers have access to down payment assistance, closing cost aid, lower interest rates and more. Knowing your potential options can open up opportunities you may not have considered….
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Gift worth over ₹50,000 from a non-relative is taxable, but this rule could wipe out this liability; here’s how
Receiving cash, property, shares or other assets worth more than ₹50,000 from a non-relative as a gift is treated as taxable income under Section 56(2)(x) of the Income-tax Act, 1961. This often comes as a surprise to taxpayers who assume that gifts are always tax-free. These taxable gifts are required to be reported under the…
