Contributions to Trump Accounts will not be subject to gift tax reporting under the safe harbor rules, according to guidance issued Monday by the U.S. Department of the Treasury and the Internal Revenue Service. As a result, parents, guardians, grandparents and others can contribute up to $5,000 a year in after-tax dollars to a Trump…
Japanese entertainment giant Sony on Friday said it expects annual profit to rise as revenue from some business segments in the fourth quarter helped offset headwinds from a memory price crunch. Here are Sony’s fourth-quarter results compared with LSEG estimates: Revenue: 3.036 trillion Japanese yen ($19.4 billion) compared to analyst estimates of 2.896 trillion yen….
President Donald Trump embraced an unlikely foe Wednesday: inflation. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. Asked by reporters whether he was concerned about new economic data that showed inflation last month surged to the highest rate since early 2023, Trump praised the government figures. “The numbers…
The pullback in Apple following Monday’s Worldwide Developers Conference keynote does not shake our conviction in the stock. But we’re not rushing to buy the dip either. “We’re not going to trade Apple. That’s an own-don’t-trade [stock],” Jim Cramer said during CNBC Investing Club’s Morning Meeting on Tuesday. He also cautioned investors from viewing the…
The sun stands for warmth, strength, and new beginnings. Across Indian cultures, it also symbolises clarity and inner power. Many parents look for baby names inspired by the sun, but without falling into overused or predictable choices. Below is a carefully curated list of 10 modern, Indian-rooted baby names that reflect the idea of shining…
The ruling party has unveiled a draft law that strips voters of the chance to elect the president. Source link
Russian forces have launched a major drone and missile air attack on the Ukrainian capital Kyiv overnight, killing at least one person. Several neighbourhoods were evacuated as airstrikes rocked buildings throughout the city, hours after President Volodymyr Zelenskyy warned Russia was preparing for a “massive” attack. Some people remain trapped under the rubble of a…
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It is the latest sign of warming relations between the US and Venezuela after Nicolás Maduro was seized in a commando raid. Source link
Florida Gov. Ron DeSantis got his maps. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. State lawmakers on Wednesday passed redrawn congressional lines that create an additional four GOP-leaning seats in Florida, making it the eighth state to complete mid-decade redistricting in the 2026 election cycle — and…