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As healthcare costs rise, having health insurance does not necessarily mean a policyholder is fully protected from a large medical bill. A fixed sum insured can get exhausted during an expensive hospitalisation or multiple treatments in the same policy year. This is where health insurance policies offering an ‘unlimited sum insured’ come in. But ‘unlimited’…
Maybe this stuff works on TV or on the stump. But it doesn’t work on Wall Street, where people can count.
“I do believe very much in delayed gratification.”
Ben Affleck, Natasha Lyonne, and James Cameron. Getty The use of artificial intelligence is dividing Hollywood. Some people are against it for creative endeavors, and are protecting their likenesses from it. Others are diving headfirst into AI ventures. Hollywood has become a major battleground in the age of AI. Some of the greatest storytellers in…
More than 6.5 crore income tax returns have already been filed for assessment year (AY) 2026-27, including over 2 crore ITR-3 and ITR-4 returns. The deadline to file ITR for several categories of taxpayers who are not required to get their accounts audited is just days away. The income tax department has therefore urged taxpayers…
Google, the search and cloud computing business owned by Alphabet (GOOG +1.05%)(GOOGL +1.22%), expanded its custom chip work this summer. On July 29, it signed an agreement with Marvell Technology (MRVL -5.57%) covering artificial intelligence (AI) inference accelerators, storage controllers, and other silicon built around Google’s in-house TPU chips. The unusual part surfaced in a…
Nscale, a developer of artificial intelligence (AI) data centers, aims to raise as much as $3 billion in an initial public offering that could take place as soon as September, Bloomberg reported Friday (Aug. 21), citing unnamed sources. Deliberations are ongoing, and the details could change, according to the report. Nscale is developing data centers in…
Moderna cancer vaccine breakthrough revives hopes for biotech turnaround
“I don’t think anybody believes that the 2% to 3% rate is coming back anytime soon or ever,” he said. “I think there is hope that the low 5s might come back, but the further we get away from that COVID rate and the more comfortable we get with a pretty resilient economy, if we’re…
Key insight: The lawsuit is the latest escalation in a running battle between CDFIs and their supporters and the Trump administration, which has repeatedly blocked funding for the popular program. What’s at stake: The CDFI fund recipients include banks, and many banks get Community Reinvestment Act credit for grants to the financial institutions. Forward look:…