Billionaire entrepreneur Mark Cuban, while campaigning for Vice President Kamala Harris on Saturday, stated that he would oppose her if she supported taxing wealthy individuals’ "unrealized gains," a component of a tax plan she has endorsed. Cuban made these remarks during a town hall event with local Arizona

The Final Rule, set to take effect on October 21, 2024, prohibits the sale and purchase of fake consumer reviews and the buying of positive or negative reviews. It also outlines requirements for proper disclosures on online reviews written by company insiders. This formalizes the ban on certain deceptive practices

Polymarket is an Unusual Whales sponsor and marketing partner. Polymarket traders are currently showing Donald Trump leading in all key swing states. Arizona sees the former president as the strongest favorite, with a 70% to 30% margin, while Michigan is the closest race, with Trump leading by 56% to 44%

Republican presidential candidate Donald Trump’s tax and spending plans would lead to more than double the amount of new debt compared to Vice President Kamala Harris’ proposals, according to estimates released by the Committee for a Responsible Federal Budget (CRFB), a think tank focused on reducing federal deficits. On

As many residents in western North Carolina continue to cope without power and running water following Hurricane Helene, a hearing began on Monday regarding the insurance industry's request to raise homeowner premium rates by an average of more than 42% across the state. A top official for Insurance

The Federal Bureau of Investigation (FBI) announced on Thursday the arrest of a 25-year-old man for his alleged involvement in hacking the Securities and Exchange Commission's (SEC) X account to falsely claim that bitcoin exchange-traded funds (ETFs) had been approved. Eric Council Jr., from Athens, Alabama, is accused

The Biden administration announced on Thursday the forgiveness of an additional $4.5 billion in student debt, benefiting more than 60,000 borrowers. This latest relief comes from improvements made by the U.S. Department of Education to the Public Service Loan Forgiveness (PSLF) program, which had faced significant issues

When President Joe Biden took office in 2021, the economy was strong but gradually weakened as inflation eroded Americans' purchasing power. Now, with inflation easing, the Biden economy is regaining strength, looking as robust as it did at the start of his presidency. Since July, the Biden economy has

The U.S. Federal Trade Commission (FTC) adopted a new rule on Wednesday requiring businesses to make canceling subscriptions and memberships as easy as signing up, marking the agency’s last major rulemaking before the upcoming Nov. 5 election. Known as the "click to cancel" rule, it mandates

Amazon Web Services (AWS) is investing over $500 million in nuclear energy, announcing three projects spanning from Virginia to Washington state. As a subsidiary of Amazon, AWS has a growing demand for clean energy, particularly as it expands its services into generative AI. This initiative is also part of Amazon’

The Federal Reserve’s interest rate cut in mid-September was expected to bring relief to prospective homebuyers by lowering mortgage rates. However, the opposite has occurred. Since Fed Chair Jerome Powell reduced interest rates by 50 basis points on September 18, the average 30-year fixed mortgage rate has actually risen.

Consulting firm McKinsey & Co. is nearing a deal with U.S. prosecutors to pay at least $500 million to resolve federal investigations into its past work with opioid manufacturers, according to a report by Bloomberg News on Wednesday. The settlement, expected to be announced in the coming weeks, would

Home prices hit a new high in June for the second straight month, at $426,900. Home prices reached a new peak in June for the second consecutive month, highlighting the housing market's growing unaffordability for millions of Americans, according to the Wall Street Journal. "The spring

"Most importantly, the baby boom generation has started to retire with a record $76 trillion in net worth," he wrote for the Financial Times. "They are spending on restaurants, cruises, traveling, and healthcare. All these services industries have been expanding their payrolls, thus boosting real incomes, and

Meanwhile, People in their 30s might not be close to their retirement savings goals yet, but they still have plenty of time to catch up. On average, Americans believe they’ll need about $1.46 million to retire comfortably, according to Northwestern Mutual’s “2024 Planning and Progress” study. For

Kamala Harris has pledged to legalize marijuana at the federal level if she is elected president, as part of her campaign’s newly announced “Opportunity Agenda” aimed at Black male voters. On Monday, the Harris campaign stated that, if she wins in November, she will work to "eliminate unjust

Vice President Kamala Harris unveiled a plan on Monday aimed at expanding economic opportunities for Black men, as she seeks to energize a key voting demographic that has raised concerns within the Democratic Party due to a perceived lack of enthusiasm. The plan includes providing forgivable business loans to Black

OPEC on Monday reduced its forecast for global oil demand growth in 2024, marking the group's third consecutive downward revision. This adjustment reflects weaker data received throughout the year and highlights the challenges faced by OPEC+, which includes the Organization of the Petroleum Exporting Countries and allies like

In November, Illinois voters will decide whether to implement a special tax on individuals earning $1 million or more, a measure that state leaders claim could help ease the high property tax burden on the average resident. The proposed tax would create an additional 3% tax on income over $1

Google is actively seeking energy sources that not only meet its substantial energy demands but also align with its goal of achieving net-zero emissions, CEO Sundar Pichai said. The company has set a target to reach net-zero emissions across all operations by 2030. “It was a very ambitious target, and

Larry Fink believes Bitcoin is poised to soar regardless of who occupies the Oval Office. While many analysts attribute the $1.2 trillion asset's growth to regulatory factors, the BlackRock CEO sees its rise driven by improved analytics and greater acceptance among investors. "I don't

SpaceX’s proposal to expand rocket launches from the California coast was rejected by a state commission this week, with some officials expressing concerns over Elon Musk’s political activities and the labor practices at his companies. The California Coastal Commission voted Thursday against the plan, which would have allowed

China announced on Saturday that it plans to "significantly increase" government debt issuance to provide subsidies for low-income households, support the property market, and bolster state banks' capital, all in an effort to revive sluggish economic growth. While Finance Minister Lan Foan did not provide specifics on

"Iran, North Korea, and Russia I think you can legitimately call an evil axis. They're working every day on how to make it worse for the Western world and for America," Jamie Dimon of JPMorgan. JPMorgan CEO Jamie Dimon is known for focusing on long-term, global

The Central Intelligence Agency (CIA) is intensifying efforts to recruit Chinese nationals, aiming to leverage what U.S. officials describe as growing dissatisfaction with President Xi Jinping's leadership. On Wednesday, the CIA released Chinese-language guidelines across social media platforms like Instagram, Facebook, LinkedIn, YouTube, Telegram, and X, explaining