Economy
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‘Taxes aren’t really high enough for them to be sensitive’: the fears of the wealthy fleeing New York and California were just that
Stop me if you’ve heard it before: Jeff Bezos leaves Washington state for a “billionaire bunker” in Florida. Fellow Washingtonian Howard Schultz moves from Seattle to Miami as the state advanced a 9.9% tax on income over $1 million. Add in Google cofounders Larry Page and Sergey Brin, plus Mark Zuckerberg, Peter Thiel and Larry…
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Why Costco has the luxury of sitting out the delivery arms race
Costco Wholesale last week announced a new partnership with DoorDash and a major extension of its relationship with Uber, vastly expanding its same-day delivery firepower but nonetheless leaving it well behind rivals like Walmart and Amazon, which use drones for some of their fast deliveries. And that is by design. Until now, Costco’s same-day delivery…
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Warren Buffett’s son worked on a farm instead of going to college—he’s now the chairman of $1 trillion Berkshire Hathaway
With the skyrocketing cost of higher education and a questionable return on investment, many Gen Zers are considering alternative career paths—whether as full-time content creators, in the trades, or piecing together gig work. That’s been a major departure from the millennial girl boss era and traditional white-collar hustle culture. But taking a different career path doesn’t mean…
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DOGE’s push to shrink the federal workforce cost the Trump administration $6.7 billion for employees not to work
The largest mass resignation in history has become a multi-billion dollar headache for the U.S. government. A new report from the Government Accountability Office (GAO) analyzing payroll data found a 435% increase in federal agencies’ use of administrative leave between 2023 and 2025, amounting to $9.5 billion in paid salaries to off-the-clock employees. The watchdog…
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OpenAI’s search for a chief communications officer hits 9 months after a top candidate turned down the role
“After nearly five years at OpenAI and a lot of reflection, I’ve decided it’s time for me to step back and move into my next chapter,” said OpenAI’s former chief communications officer (CCO) Hannah Wong in a January 2026 LinkedIn post announcing her departure. That was nine months ago—practically a lifetime in the fast-moving AI…
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In midterm years, October is usually the best month for stocks, with gains 73.7% of the time
If you’re a believer in stock market patterns, good news: History shows that in midterm election years, October is the best month of the year for stock performance, followed closely by November. Carson Group chief market strategist Ryan Detrick points to the seasonal pattern. In a chart posted on X on Sept. 20, Detrick showed…
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Sensex jumps 350 points, Nifty above 23,400 as oil dips below $99/barrel. What can trigger the next sharp rally on D-Street?
Indian benchmark indices gain up to 0.5% as metal and financial stocks support the market, while elevated crude prices and bond yields remain key constraints. Analysts highlight resistance levels and stretched midcap and smallcap valuations.
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Clean Max shares surge 13% in 3 days as Macquarie initiates coverage with outperform rating
Clean Max shares: Macquarie initiated coverage on Clean Max Enviro Energy Solutions with an Outperform rating and a Rs 1,700 target price, implying 24% upside from current levels. The stock has gained 13% in three sessions, making Macquarie the second brokerage to initiate coverage after JM Financial.
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Meesho shares drop 4% after block deal worth Rs 900 crore. Should you buy the dip?
Meesho shares witnessed a dip on Wednesday after 3.86 crore shares changed hands in a block deal worth Rs 899.71 crore on the BSE. The transaction came a day after the stock surged nearly 10% following UBS’ 24% target price hike.