Americans using prediction markets to bet on the World Cup may face a lighter tax burden than peers wagering through sportsbooks thanks to tax breaks aimed at investments. While the tax rules governing gambling are clear, the rise of prediction market…
The sudden death of US Senator Lindsey Graham of South Carolina sets up a succession drama in the deeply conservative state that risks throwing the race into chaos less than four months before the midterm elections. Graham died Saturday after…
The Strait of Hormuz’s southern route remained open to shipping on Sunday despite Iran declaring the waterway closed as tit-for-tat attacks between the US and Tehran escalated, a maritime advisory group said. The path along the Omani coastline is still…
Sen. Lindsey Graham, one of President Donald Trump’s closest allies in Congress who traveled the globe to advocate for a more aggressive U.S. foreign policy, has died after a “brief and sudden illness,” his office said. He was 71. The statement posted…
With college setting students back an average of $38,270 per year, young people today are banking on their college degree opening doors to more than house parties and sororities—specifically, to top-paying jobs. But whether they succeed at this depends greatly on…
Despite building an increasingly screen-focused world, billionaire tech leaders are keeping their own children away from the tech they helped create. As far back as 2010, Apple cofounder Steve Jobs told a New York Times reporter his kids had never…
James Murdoch appears poised to reap a fortune from his investments in SpaceX that could far exceed what he gained from his father’s media empire. James, the estranged 53-year-old son of Rupert Murdoch, invested an estimated $120 million in Elon…
Jennifer Kerns already has plans to travel to Mexico, California, and Cape Cod. After more than 30 years in the tech industry, Kerns, 60, finally hung up her hat in March. Most recently, she worked at GitHub, a Microsoft subsidiary,…
Crude oil prices plunged below $70 per barrel at the beginning of the week, and energy markets largely considered the Iran war over and done with as modest traffic flowed again through the infamous Strait of Hormuz. But nearly 1…
Jim Kavanaugh never became a global soccer icon like Lionel Messi or Cristiano Ronaldo. Unlike Messi and Ronaldo, one of whom still graces our screens on the World Cup stage, Kavanaugh’s playing days ended decades ago. But the former U.S.…