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5 mins read
Insider Today: America's billionaire hub
In this Saturday edition of Insider Today, we're talking about Jackson Hole, Wyoming, one of the ri…
Joi-Marie McKenzie
2 mins read
Proposals to tax unrealized capital gains would 'kill the stock market,' billionaire investor Mark Cuban says
"She's open minded, she's not an ideologue, she wants to do what's best for business," Mark Cuban s…
Matthew Fox
2 mins read
Corporations raised $16 million to oppose Oregon's universal basic income plan. They won.
Voters opposed an Oregon ballot measure that would have given $1,600 annually to all state resident…
Allie Kelly
5 mins read
What a Trump or Harris presidency would mean for your tax bill
BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…
Juliana Kaplan,Bryan Metzger
2 mins read
Billionaire Ray Dalio thinks universal basic income is no magic wand — and may even do more harm than good
The Bridgewater Associates founder welcomed giving people some financial "wiggle room," but said no…
Theron Mohamed
1 min read
Billionaire Jamie Dimon says the rich should pay more to fund tax cuts for lower-income Americans
JPMorgan CEO Jamie Dimon said the US government should expand federal tax credits for struggling lo…
Sawdah Bhaimiya
3 mins read
Last-minute rush: 5 things to do before March 31
March 31 is the end of the financial year and is often a busy time for accountants and bankers. Eve…
7 mins read
SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how
It's no secret that futures and options see extreme risks, with most traders losing money regularly…
3 mins read
Biden's billionaires tax is 'better than nothing,' says leading wealth inequality researcher Thomas Piketty
Economist Thomas Piketty wrote the book on inequality. He told the New York Times things are changi…
Juliana Kaplan
2 mins read
Billionaire 'Bond King' Bill Gross recommends 4 defensive investments for a bull market he sees losing steam
Bill Gross says investors should focus on defensive and high-yielding stocks.
Filip De Mott
4 mins read
Trump's plan to scrap taxes on tips and overtime could reshape how millions of Americans get paid
Tax proposals from Trump and Harris could incentivize businesses to twist the definition of a tip a…
Ayelet Sheffey
2 mins read
America's 10 richest people including Elon Musk and Jeff Bezos — would pay up to $215 billion in taxes on unrealized stock gains under Biden's new plan. They currently pay next to nothing.
President Joe Biden wants to tax billionaires more. A leading economist estimates the top 10 billio…
Juliana Kaplan,Joseph Zeballo…
2 mins read
Billionaire Leon Cooperman says Biden's billionaire tax is 'stupid,' 'probably illegal,' and 'won't pass'
"They should stop attacking wealthy people and attack the tax code. They're so ignorant," the billi…
Juliana Kaplan
3 mins read
Oregon businesses are spending millions to oppose a ballot measure that would give every resident a $1,600-a-year basic income
Oregon businesses have spent millions to oppose a ballot measure that would establish a corporate t…
Kenneth Niemeyer,Katie Balevic
2 mins read
Trump-supporting hedge fund billionaire says he'll pull his money out of the market if Harris wins the election
Trump fundraiser John Paulson told Fox Business that he'll sell stocks, move to cash, and buy gold …
Filip De Mott
4 mins read
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…