Should You Donate to Charity This Year or Wait? It Depends.
Changes in the tax law will have different effects on people who take the standard deduction versus high earners who itemize. Source link
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Crypto rules tightened: Live selfies, geo-tagging mandatory for users; FIU rolls out tougher KYC norms
India’s Financial Intelligence Unit (FIU) has rolled out stringent new Anti-Money Laundering (AML) and Know Your Customer (KYC) norms for cryptocurrency exchanges, making live selfie verification and geographical tracking mandatory during user onboarding, according to guidelines issued on January 8, PTI reported. Under the updated framework, crypto exchanges are classified as Virtual Digital Asset (VDA)…
Why Middle-Class Americans Say Life Is Unaffordable
Economists say that a typical middle-class family today is richer than one in the 1960s. Americans in their 20s and 30s don’t believe it. Source link
Tech Support Scammers Stole $85,000 From Him. His Bank Refused a Refund.
A retired lawyer lost the money in a tech support scam, a type of online fraud that is surging. Citibank said it couldn’t recover the funds, which criminals wired from inside his account. Source link
Budget 2026: Biogas body IBA seeks Rs 10,000 cr subsidy fund; pitches higher support for CBG, organic manure
The Indian Biogas Association (IBA) has proposed the creation of a Rs 10,000 crore fund to provide capital subsidy to the biogas industry in the Union Budget 2026, calling for higher fiscal support to accelerate investment, improve project viability and scale up green energy adoption, PTI reported.In its Budget recommendations, the industry body urged the…
U.S. Coast Guard Pursues Oil Tanker Linked to Venezuela
The latest vessel to be targeted by the United States in its pressure campaign on Venezuela was sending distress signals as it headed northeast from the Caribbean into the Atlantic. Source link
This Isn’t the First Time the Fed Has Struggled for Independence
The Trump administration is threatening the Fed’s autonomy, which the central bank regained with the Treasury-Fed accord in 1951. Source link
Budget 2026: CII pitches demand-led, faster privatisation of PSEs; seeks three-year pipeline
Industry body Confederation of Indian Industry (CII) has called for a faster, demand-driven privatisation strategy for public sector enterprises (PSEs) in the Union Budget 2026-27, urging the government to adopt a predictable roadmap to unlock value from disinvestment and mobilise resources for capital expenditure amid global economic uncertainties.In its Budget proposals, CII suggested an accelerated…
Trump Administration Downplays A.I. Risks, Ignoring Economists’ Concerns
The administration has downplayed concerns — from mass job losses, to a potential financial bubble — as President Trump cheers soaring stock prices and faster growth. Source link
Is Applying to College Via Early Decision a Good Idea? Here’s What Your Income Has to Do With It.
Early decision isn’t just for the rich, as long as people with lower incomes can get accurate price quotes before agreeing to attend if they get in. Source link