Author: News Room
Inheriting a house does not mean that you automatically owe capital gains tax. In most cases, the home’s value at the owner’s death becomes the starting point for calculating your gain, which can reduce or eliminate tax on appreciation that occurred during the owner’s lifetime. Taxes may still apply if…
This as-told-to essay is based on a conversation with Francis Coultier, 39, who is originally from Canada but now lives in Bangkok. It’s been edited for length and clarity.The first time I learned about about digital nomadism, I was around 29 and living in Canada.I remember seeing people on the…
Bank of America is moving to a new tower in Dallas: Bank of America Tower at Parkside. Employees are expected to move into the tower in the third quarter of 2027, according to a spokesperson. Around 1,000 employees are expected to work in the building, which hopes to become “Dallas’…
OpenAI CEO Sam Altman says he worries that AI will one day be controlled by a handful of companies, models, or people, leaving the vast majority of consumers without a say in how the technology shapes the world.”The right approach is to say we want people deeply in control of…
Retail is a tough business.One day, your favorite brand can be riding high and enjoying strong sales from loyal customers, while the next it’s fighting for survival and fending off creditors.Emerging trends, changing shopping patterns, and new e-commerce players are increasingly reshuffling the game.Here’s a look back at some of…
It might be possible to outrun your next rent payment — if you live with roommates.Nike is offering a unique — and highly relevant — prize to two winners of a street race in New York City on August 29: “1 month of free rent.””Step to the starting line on…
The AI industry’s next blockbuster acquisition may not be another model maker.Hugging Face, whose platform helps developers discover, share, and build AI models, has been exploring a sale that could value the company at $13 billion or more.The startup has been working with a bank to gauge bidders’ interest, and…
It’s simpler than ever for students to cheat on their homework using ChatGPT or another AI chatbot. But one professor says he has no trouble sniffing out machine-written work.”I have absolutely no problem with AI and students,” Steve Hanke, who’s been teaching at Johns Hopkins University for nearly 60 years,…
This as-told-to essay is based on a conversation with Chris Astrella, a recent car buyer in Las Vegas, Nevada. It has been edited for length and clarity.When my grandfather died, he left money for all of his grandchildren. I knew I would eventually need a new vehicle, so I put…
The AI industry is reaping what it sows, as far as Texas Gov. Greg Abbott is concerned.Abbott said the sharp criticism Americans are lobbing at AI data centers is well-earned during an interview on ABC’s “This Week” on Sunday.”They basically dug their own grave for the problem that’s been caused…
