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U.S. investigates disclosure of tax records on rich Americans

The U.S. Treasury Department has asked law enforcement authorities to investigate the disclosure of tax records cited in a media report that showed that some of America

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Wealthiest Americans including Elon Musk and Jeff Bezos 'paid no income tax'

George Soros, known as the man who broke the Bank of England, reportedly paid no federal income tax over three years.

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Google, Facebook welcome global corporate tax avoidance agreement

FILE PHOTO: This file illustration shows the logos of mobile apps Facebook and Google displayed on a tablet. /VCG Google and Facebook welcomed a deal by the G7 that would get multinational com

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US Treasury calls for stricter cryptocurrency rules, IRS reporting for transfers over $10K

President Biden’s vision for an empowered, expanded IRS is poised to have a big impact on cryptocurrency trading.According to a new report from the U.S. Treasury Department, the administration w

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Moderna boosting COVID-19 vaccine capacity, targets up to 3 billion shots in 2022

Moderna Inc said on Thursday it is boosting manufacturing capacity for its COVID-19 vaccine and expects to make up to 3 billion doses in 2022, more than twice its previ

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S&P 500, Nasdaq close at record highs ahead of tech earnings wave

The SP 500 and Nasdaq closed at record highs on Monday, fueled by Tesla and other heavyweight growth stocks ahead of a deluge of earnings reports this week.The Nasdaq's record high close confirmed th

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Should you give an anchor investor a stake in your fund’s management company?

Raising capital for a new fund is always hard. But should you give preferential economics or other benefits to a seed anchor investor who makes a material commitment to the fund?These “VCs for investm

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Low-income nations have received just 0.2 pct of all COVID-19 shots

A nurse prepares an AstraZeneca vaccine against COVID-19 at the Alonso Suazo healthcare center in Tegucigalpa, on March 15, 2021 (Photo by ORLANDO SIERRA/AFP via Getty Images) The vast majorit

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Dark side of the U.S.: Even skin color is priced

03:23 What's the relationship between capitalism and racism in the U.S.? Wall Street, the crown jewel of the U.S. financial establishment, was once one of the largest slave markets in

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Indonesian savings and investment app Pluang gets $20M in pre-Series B funding

Indonesia-based fintech Pluang announced today it has raised $20 million in a pre-Series B round led by Openspace Ventures, with participation from Go Ventures and other returning investors. The compa

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Farmland could be the next big asset class modernized by marketplace startups

Jim Jackson developed timber and farmland in Eastern Washington, protected from coastal rains by the peaks of the Cascade mountains, building out a clutch of apple farms and other properties on the st

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COVID-19: Some Mexicans are traveling to U.S. for vaccinations

02:24 It is a story often told when a commodity is in short supply but in great demand. The wealthy and well-connected are able to leverage access, sometimes skirting the rules. It's w

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Robots in Johannesburg hotel serve customers with COVID symptoms

The robots can deliver room service, provide travel information and can drag up to 300kg of luggage from the lobby to rooms.

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The Lancet: Rich countries snap up 70% of COVID-19 vaccine doses

The COVID-19 pandemic is unlikely to end until all countries can access the vaccines. /CFP Some high-income countries, representing 16 percent of the global population, have snapped up at leas

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Spain: Catalans to vote in test of separatist movement

Voting has started in Spain’s northeastern Catalonia on Sunday as 5.3 million voters are called to cast ballots in a regional election that will test the region’s seces

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Dubai starts administering China's COVID-19 vaccine to residents

A signage of Sinopharm is seen at the 2020 China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 5, 2020. /Reuters The Dubai Health Authority (DHA) in the United

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WHO concerned over rich countries jumping queue for COVID-19 vaccines

WHO Director-General Tedros Adhanom Ghebreyesus at a news conference in July 2020. /Reuters Tedros Adhanom Ghebreyesus, Director-General of the World Health Organization (WHO), has warned that