Month: March 2022

Russian billionaire and businessman Alisher Usmanov arrives to the openings of new monument to former Russian Prime Minister Yegeny Primakov at Smolenskaya Square inin Central Moscow, Russia, October,29,2019. Politician and diplomat Yegeny Primakov died in 2015. Mikhail Svetlov | Getty Images Russia’s top billionaires have lost over $80 billion in wealth in recent weeks, with
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Billionaire Warren Buffett says he drinks five Cokes a day. Bloomberg | Getty Images Warren Buffett’s recent success from his massive Apple bet is spurring comparisons with the legend’s greatest investment of all time — Coca-Cola. Berkshire Hathaway began buying Apple’s stock in 2016 and amassed a 5% ownership of the iPhone maker by mid-2018 with
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Medicaid spending is something that fluctuates fairly substantially from state to state. Medicaid income limits, too, vary by state, which can make it hard to know if you qualify depending on where you live. Here, we’ll breakdown Medicaid spending by state and Medicaid income limits by state. Medicaid Limits by State Many states actually have
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Reactions to President Biden’s State of the Union address focused on his call to action against Russian aggression in Ukraine.  But the President also emphasized the economy, and while noting where we need to do more, he emphasized the economy’s strength since he took office—what economist Noah Smith has called the “Biden boom.” Biden told us “Our economy
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Billionaire investor Bill Gross listens during the Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2017. Lucy Nicholson | Reuters Bill Gross, the one-time bond king who co-founded fixed income giant Pimco, said he sees the possibility of stagflation in the economy and he wouldn’t buy stocks aggressively now. The 77-year-old investor
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Workplace retirement plans often are not helping participants avoid social environmental, social, and governance, or ESG, risks, warns a report from Morningstar’s newly created Center for Retirement and Policy Studies released Tuesday. U.S. retirement plans offer investment options that are more likely to have higher ESG riscompared with the overall distribution of ESG risk in
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In the latest installment of In the Pages, Robert Goulder of Tax Notes and Jasper L. Cummings, Jr., an attorney based in Raleigh, North Carolina, discuss the importance of tax secrecy and whether it’s truly needed.  This transcript has been edited for length and clarity. Robert Goulder: Hello, everyone. I’m Bob Goulder, a contributing editor with Tax Notes. Welcome
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U.S. stock index futures were modestly lower during overnight trading Wednesday, after the major averages finished the day higher despite escalating tensions between Russia and Ukraine. Futures contracts tied to the Dow Jones Industrial Average declined 28 points. S&P 500 futures shed 0.11%, while Nasdaq 100 futures dipped 0.2%. During regular trading on Wednesday the
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