Warren Buffett, the billionaire investor, has disclosed his plans for his vast $130 billion fortune after his death in an interview. He intends for nearly all of it to go into a charitable trust managed by his three children, where they must all agree on causes to support. This decision
Boeing’s troubles have hit a new low as the US Department of Justice prepares to charge the company with criminal fraud over the 737 Max crashes, giving Boeing a week to decide whether to plead guilty or risk going to trial. As Boeing faces a potential half-billion-dollar fine and a
Discover how the US and India are reshaping global tax policies with their groundbreaking digital tax extension agreement! Uncover the reasons behind this pivotal decision and how it could affect tech giants and everyday consumers alike. Dive into the details of the negotiations and learn why this move is causing
Discover which cities around the globe are causing jaws to drop with their astronomical housing prices! From the bustling streets of Hong Kong to the picturesque shores of Sydney, find out why these locations are becoming increasingly unaffordable for residents and prospective homeowners alike. Uncover the surprising factors driving up
Raising a child in America can be incredibly expensive, especially in certain metropolitan areas. A recent analysis reveals which U.S. cities are the priciest for families, highlighting staggering costs in places like San Francisco, New York, and Boston. Factors such as housing, childcare, and education contribute to the high expenses,
Finance expert Henry C. Johnston debunks rumors about a supposed U.S.-Saudi oil contract expiring, which some claimed would spell the end of the petrodollar system. Instead, he explains that the real shift is happening due to new economic alliances among BRICS nations, especially China, Russia, and India, who are trading
Russia is secretly amassing a “dark fleet” of tankers to ship its LNG, mirroring the shadow fleet it created for oil exports to dodge Western sanctions. Bloomberg reveals that obscure shipping firms from Dubai have acquired several LNG vessels, with some already approved to navigate Russia’s Arctic routes. This stealthy
Japan has appointed Atsushi Mimura as its new top foreign exchange diplomat amid the yen’s plunge to a 38-year low against the dollar, sparking anticipation of imminent market intervention. Mimura, a veteran in financial regulation, replaces Masato Kanda, who recently led record-breaking yen-buying efforts. As the yen slid to ¥161
In a dramatic turn, the LockBit ransomware group has claimed to have stolen a vast trove of files from the US Federal Reserve and Evolve Bank and Trust, alleging a breakdown in ransom negotiations. The group threatened to release 33 terabytes of sensitive banking data if their demands weren’t met,
