As retirees reach age 73, the IRS requires them to begin taking annual withdrawals from most tax-deferred retirement accounts, known as required minimum distributions, or RMDs. These withdrawals are intended to ensure that retirement savings are eventually taxed, but they can also create unexpected financial challenges if not managed carefully. From higher tax bills to… Continue Reading
The U.S. Senate has taken a significant step toward regulating the stablecoin market by advancing the GENIUS Act with strong bipartisan support. The bill, which passed 66–22, establishes clear rules for stablecoin issuers, requiring them to maintain equivalent reserves, provide consumer protections in the event of insolvency, and adhere to established anti-money laundering and counter-terrorism… Continue Reading
Disney is set to introduce a new era in sports streaming by launching a direct-to-consumer ESPN service this fall. For the first time, fans will be able to access the complete lineup of ESPN channels and live events without a cable subscription, reflecting the steady decline of traditional TV viewership and the growing demand for… Continue Reading
Wall Street kicked off the week with a powerful surge as news broke of a 90-day pause in the U.S.–China trade dispute. Investor relief and renewed economic optimism drove the Dow Jones Industrial Average to soar over 1,000 points, gaining 2.8%, while the S&P 500 jumped 3.3%. The rally followed a breakthrough in weekend talks… Continue Reading
As egg prices in the United States hit record highs, the U.S. Department of Agriculture (USDA) is looking at Canada, where eggs remain plentiful and affordable, sparking interest in understanding the differences in egg production between the two nations. In Canada, consumers can pick from an array of egg types, with no shortage in sight.… Continue Reading
Horse racing in Ireland is not merely a sport; it’s a deeply ingrained part of the nation’s cultural fabric, economic landscape, and social identity. The origins of horse racing in Ireland can be traced back to ancient times, with legends mentioning chariot races on the Curragh plains as early as the 3rd century AD. By… Continue Reading
With the start of August comes the bustle of back-to-school shopping. From elementary through high school, parents brace themselves for the steep financial outlay, with the average family expected to shell out around $875 on school essentials this year, a figure sourced from the National Retail Federation’s latest survey. Retail experts share top tips to… Continue Reading
New York City, the nation’s largest school district, is preparing to ban phones in schools. David Banks, chancellor of New York City Public Schools, alongside Mayor Eric Adams, recently announced the upcoming policy, citing the addictive nature of phones among students as a primary concern. “They’re not just a distraction; kids are fully addicted now… Continue Reading
This article was originally published on June 19, 2014.Based on the March 2002 article in IndUS Business Journal entitled “Anu Saad – Making her mark”. Anu Saad has led a remarkable transition from academia to spearheading impressive growth of a cancer testing startup she took over as CEO. With no prior business experience, Saad grew… Continue Reading
Bobby Sharma of Bluestone Equity Partners has a reason to watch the 2024 Tony Awards. Sharma, founder and managing partner of the firm, is now an investor in entertainment agency RWS Global. The company specializes in live entertainment, including Broadway productions of The Lion King, Chicago, and Life of Pi. As the Broadway award show… Continue Reading