The clarion call from House Republicans to extend and expand the Section 199A QBI deduction evokes images of a thriving entrepreneurial ecosystem. Yet, beneath this alluring narrative lies a stark reality—this initiative is naught but a deceptive smokescreen designed to benefit the well-to-do. If small business owners, freelancers, and gig economy workers were genuinely the
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In a dramatic turn of events, China’s electric vehicle (EV) market, once heralded as a beacon of innovation, is witnessing an unsettling moment of truth. Industry titan BYD has unleashed aggressive price cuts that could potentially shake the foundations of not only the domestic market but also reverberate throughout the global automotive industry. Seriously steep
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In the murky waters of American finance, where governmental oversight often collides with corporate ambition, the recent partnership between Fannie Mae, a quasi-governmental entity, and Palantir Technologies, a defense tech giant, raises disturbing questions about the intersection of private profit and public service. Announced at a press event, the goal is ostensibly noble—using advanced artificial
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In a recent move that has sent shockwaves through the financial community, the Trump administration has decided to ease regulations surrounding 401(k) plans regarding investments in cryptocurrencies and related digital assets. By withdrawing precautionary guidelines established by the Biden administration, the Labor Department appears to be signaling a one-size-fits-all approach to investment strategies that seemingly
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Okta, the identity management software provider, has recently reported earnings and revenue that, on the surface, appear impressive, yet the reality beneath points to an unsettling narrative. With an earnings-per-share (EPS) of 86 cents, surpassing the expected 77 cents, and revenue at $688 million—exceeding forecasts of $680 million—the company’s figures might initially seem to paint
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Nvidia, once basking in the glow of extraordinary revenue growth stemming from insatiable demand for its graphics processing units (GPUs), now finds itself at a crossroads. The company has consistently been a darling of Wall Street, driven by the meteoric rise of artificial intelligence and machine learning. However, with geopolitical tumult taking center stage—specifically, tensions
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Circle, the innovative issuer of the USDC stablecoin, has not only made waves in the cryptocurrency sector with its digital dollar but is now preparing to plunge into the tumultuous waters of the public market. With an audacious initial public offering (IPO) on the horizon, Circle aims to rake in approximately $624 million, laying the
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