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Warren Buffett says he'll put his $130 billion fortune into a charitable trust run by his children after he dies
The Berkshire Hathaway executive will put his fortune into a trust run by his three children, who w…
Filip De Mott
Romance scammers are now building trust with AI-generated deepfakes. Here's how to spot them.
Americans lost at least $650 million to romance scams last year. And now with AI, they are only get…
Kenneth Niemeyer
Real estate investment trust pitch for direct bank lending, classification as equity
Indian Real Estate Investment Trust (REIT) industry on Wednesday pitched for the entities to get a…
PTI
Indians increasingly spending money on mutual fund investments, insurance, trading: Razorpay analysis
Payments towards mutual fund investments, insurance, and trading have seen a massive jump in the ju…
ANI
Fintech firm Perfios becomes India's second unicorn of this year
B2B SaaS fintech company Perfios has become India's second unicorn of 2024 as it raised $80 million…
Plans to seize Russian assets 'undermine' trust in the dollar and euro, Kremlin official says
Western plans to potentially use Russia's frozen assets to fund aid for Ukraine will be met with a …
Filip De Mott
India’s fintech funding shrinks over 60% to $2 billion
In spite of the fall, India ranked third globally in 2023 in terms of fintech startup funding. Worl…
Explained: Is this the right time to invest in long duration debt funds?
With the Nifty surpassing 22,000 and the Sensex above 73,000, the bulls are making merry on Dalal S…
Explained: Will thematic funds continue to be attractive in 2024?
Between October 2022 and October 2023, the assets under management (AUM) of sectoral/thematic funds…
The S&P 500 could plunge as much as 70% this cycle as markets hit a 'motherlode' of FOMO extremes, famed fund manager says
Today's rally isn't a durable bull run, but is driven by investors who want to "grasp the suds of y…
Filip De Mott
A former Facebook and Nike DEI manager got 5 years in prison for stealing $5 million to fund her luxury lifestyle
Barbara Furlow-Smiles was sentenced to 5 years in prison for stealing millions from Facebook and Ni…
Thibault Spirlet
A 'thaw in startup funding winter' as two unicorns emerge within a quarter
The year 2024 has been good for many startups, as deal activity is growing at a faster clip. While …
Stocks are primed to tumble into a bear market as bullish investors have driven equities to 1929 extremes, famed fund manager says
A stock market crash as steep as 65% wouldn't be surprising, legendary investor John Hussman said p…
Jennifer Sor
Over 100 basic-income pilots have run in US cities. Now states are getting creative to fund no-strings-attached cash payments.
The success of over 100 local GBI pilots in the US provides insight into future state-level policy.
Allie Kelly
How rich families use trusts that last as long as 1,000 years to save on taxes and benefit future heirs
With dynasty trusts, rich taxpayers can provide for 40 generations of heirs and shield assets from …
Hayley Cuccinello
Govt exempts investment trusts, ETFs from capital gains tax in GIFT City
The government has exempted units of investment trusts and ETFs issued by entities based in GIFT C…
PTI
Here's where funding comes from for guaranteed basic-income programs giving money with no strings attached to low-income Americans
Basic income programs in San Antonio, Austin, Denver, and Atlanta draw funding from federal relief,…
Allie Kelly,Noah Sheidlower
A trusted indicator is fueling recession warnings from Jeremy Grantham and other gurus. What you should know about the Leading Economic Index.
The Leading Economic Index has declined for almost two years, fanning recession fears among top inv…
Theron Mohamed
Sebi looking to introduce 'MF Lite' regulations for passive funds
Capital markets regulator Sebi is engaged with the mutual fund industry to introduce 'MF Lite' regu…
PTI
Women were promised thousands of dollars to cancel their abortions. The group they trusted didn't always pay up.
Anti-abortion group Let Them Live claims it's stopped hundreds of procedures. But women say they ha…