Fidji Simo, one of OpenAI’s top executives, is stepping down. Simo, the company’s CEO of applications, wrote on X on Thursday that she has decided to leave her full-time role and become a part-time advisor. Simo went on medical leave three months ago. She said on Thursday that she would focus on recovery amid her […]
EPF interest: The Employees Provident Fund (EPF) interest for FY26 is set to be credited this month by 15 July, calculated at the rate of 8.25% per annum. Notably, the interest rate per month works out to around 0.688% per month, according to a report by Clear Tax. Ahead of this, we take a look […]
News release The Bank of England has today published new and updated guidance on how the Bank might implement the UK’s resolution regime in the event of a bank failure. The resolution regime is designed to ensure that banks can fail safely, without disruption to critical services such as payments and deposit access, and without […]
Teva Pharmaceutical Industries Limited (TEVA) Discusses Anti-IL-15 Antibody Phase Ib 24-Week Efficacy Results in Vitiligo and Planned Advancement to Phase 2b – Slideshow
Days after buckled columns at the Pfizer building conversion sparked concerns that the project was in danger of collapse, key parties at the property are facing scrutiny over past violations. A private firm that conducted special inspections of 235 East 42nd Street was repeatedly cited for issues at other projects, the New York Times reported. […]
Judging purely based on median yearly income, which currently sits at roughly $83,700, according to the Federal Reserve’s latest data, Americans are better off than perhaps they’ve ever been. But that metric can be deceiving, as it doesn’t capture the vast income disparity that’s rapidly becoming one of our country’s most pressing issues. Depending on […]
Traders are completely enthralled by the bull market — but surging Nasdaq volatility suggests it is time to hedge.
Before New York City voted to freeze rents for more than 1 million rent-stabilized apartments, one member of the Rent Guidelines Board tried to make a point about the buildings themselves. “As the owner’s representative, my primary concern is ensuring that rent-stabilized buildings…” Maksim Wynn began, before a raucous crowd drowned him out with chants, […]
For many taxpayers, missing the Income Tax return (ITR) deadline is seen as a compliance lapse that leads to a late fee or interest. However, legal experts say that in certain cases, failing to file an ITR can escalate into a criminal offence if the Income Tax Department concludes that the default was deliberate. […]
High mortgage rates may have put a damper on growth in the short-term rental market in recent years, but in a twist of fate, they appear to be boosting bookings and profits for longtime hosts. Mortgage rates above 6% have drastically slowed new investment in short-term rental (STR) properties, limiting competition for tenured hosts who […]