By 2025, Americans with high incomes could face a significant increase in Social Security taxes. The taxable maximum is projected to rise from $168,600 to an estimated $174,900. This increase aims to sustain future Social Security benefits, meaning higher contributions from high-income individuals. Read more on Projected Social Security tax increase for high earners… Read more ›
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Traders across Asia are gearing up for a potentially turbulent United States trading session due to commence at 8.30 am US Eastern time. This session includes the unveiling of key inflation data, the Federal Open Market Committee (FOMC) announcement, and a media briefing from Federal Reserve Chair Powell. These events are anticipated to cause fluctuations in the forex, commodities, and bond markets across Asia. Read more on Anticipation builds for... Read more ›
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The international wearable fitness devices market is booming, driven by the appeal of devices that promote healthy lifestyles through tracking physical activity, sleep patterns, calorie intake, and offering personalised health tips. Technological advancements now allow these tools to monitor vital signs like heart rate and oxygen levels. Read more on Apple Watch Ultra 2 leads in wearable fitness market… Read more ›
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Craig Federighi, Apple’s software engineering head, discussed the future of Apple’s Intelligence software recently. The software is set to focus on leveraging broad machine learning abilities to foster a smooth interaction between the user and the software, moving beyond just rewording of text and summarizing messages. Read more on Apple Intelligence software to incorporate broad machine learning… Read more ›
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In 2024, a shift in startup funding from traditional seed rounds to rolling funds and convertible notes has been observed at Y Combinator, a change driven by the desire for financial growth and diversification. This transformation encourages innovation, competitive advantage, and market strength. Read more on Y Combinator startups shift to nuanced funding models… Read more ›
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Samsung is expanding its artificial intelligence (AI) department by employing former Apple heavyweight, Murat Akbacak, aiming to revitalize Bixby, their virtual assistant, and enhance their AI technologies. Samsung believes Akbacak’s vast experience will prove invaluable in pushing their AI ambitions forward. Read more on Samsung employs ex-Apple AI lead to upgrade Bixby… Read more ›
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In Washington D.C., there’s a significant gap in understanding the role of business accelerator, Y Combinator (YC). Even though YC has significantly supported startup growth, it remains underrated in the capital’s business circle, resulting in overlooked collaboration and partnership opportunities. Read more on Y Combinator’s underrated role in startup ecosystem… Read more ›
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On Wednesday, the U.S. Dollar suffered a minor setback, pulling back from a four-week high just days before a critical Federal Reserve policy meeting. Despite this retreat, strong figures have bolstered demand for the American currency and dampened expectations for a Fed rate cut this year. Read more on US dollar retreats, Fed meeting anticipated… Read more ›
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Wednesday’s Asian trading session witnessed a minor increment in silver prices by 0.40%, nearing $29.40 per ounce. This advancement emerged despite the strengthening of the US Dollar, a typically negative indicator for precious metals. Interestingly, this suggests a diversion from the renowned inverse relationship between US Dollar and commodities. Read more on Minor silver price increase baffles market… Read more ›
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Barooah’s challenging journey in venture capital In 2015, Urvashi Barooah faced rejection from numerous MBA programs due to her ambition of entering the male-dominated venture capital sector. But she transformed this setback into a driving force, persistently chasing her dream and challenging societal norms. Read more on Barooah defies odds in venture capital sector… Read more ›
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At the recent Apple annual programmer gathering, the tech giant introduced a groundbreaking software, Vision Pro. Aimed at enhancing the augmented reality (AR) user experience, the software includes an improved version of visionOS, conveniently named visionOS 2. Read more on Apple unveils Vision Pro with improved AR features… Read more ›
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Chrysler is initiating a recall of over 211,000 Stellantis SUVs and pickup trucks in the U.S., due to a possible defect in the electronic stability control systems. The implicated 2022 models include Dodge Durango, Ram 2500, and Ram 3500. The software defect could cause the system to malfunction, thus increasing the risk of accidents, particularly on slippery surfaces. Read more on Chrysler recalls 211,000 Stellantis models over software defect… Read more ›
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The Social Security program, a pivotal support for American retirees, faces dwindling funds. Forecasts suggest these could be depleted in a few decades, leaving millions without a critical part of their retirement plans. Factors such as inefficiencies and demographic shifts are quickening the fund’s depletion. Swift action from policymakers to bolster Social Security is a must, to assure sustainability for current and up-coming retirees. Read more on Urgent reforms needed... Read more ›
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The United States Social Security Administration (SSA) has recently announced upcoming initial June disbursements, scheduled for later this week. These payments, crucial to over 67 million disabled, retired individuals or families with past claimants, are aimed to lessen their economic burdens. Read more on Social Security Administration adjusts June payment schedule… Read more ›
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News flash: Major changes are in the pipeline for Social Security starting 2025, which may surprise the over 50 million retired American workers who rely heavily on this program. It’s no secret that Social Security is a primary source of retirement income for many, with 60% looking at it as their main source of income. Read more on Major changes expected for Social Security in 2025… Read more ›
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AI’s Future: Software-Centric Strategies Cathie Wood, CEO of Ark Investment Management, advocates for software as the driving force in artificial intelligence (AI) development. According to her, every dollar invested in hardware may generate eight dollars in AI software revenue. Read more on AI’s potent future tied to software focus… Read more ›
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The United States’ social security system, a financial safety net for American retirees for nearly nine decades, is now under scrutiny due to concerns about its long-term stability. This stems from an aging population and growing number of beneficiaries straining the system where most revenues come from payroll taxes. Read more on Social security system’s future raises concerns… Read more ›
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Cathie Wood, Ark Investment Management’s CEO, recently diverted from her usual strategy of investing in small, innovative businesses and has instead directed her attention to a fintech company that experienced a significant decrease in value. This shift marks a shift towards larger, more established technology firms. Read more on Cathie Wood bets on struggling fintech firm… Read more ›
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“Your assumptions are your windows on the world. Scrub them off every once in a while, or the light won’t come in,” Isaak Asimov reminds us. However, today’s social media feeds often reinforce existing beliefs rather than challenging them. This creates a culture of division, isolating users from diverse viewpoints and fueling the spread of misinformation. Read more on Introducing Spiral Social: A New Era of Open-Minded Social Media… Read more ›
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Eligible U.S. citizens eagerly await the Supplemental Security Income (SSI) payments due to the extended gap between the last and the next disbursements. The June benefit was released earlier on May 31st, making the waiting period for the following payment unusually long. Read more on Extended waiting period for next SSI payment… Read more ›
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Most popular sources
Business Insider
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29% 7 |
The Verge
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18% 15 |
Gizmodo
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9% 8 |
Tom's Hardware
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8% 19 |
Slashdot
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6% 0 |
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23.12.2025 11:00
Last update: 10:56 EDT.
News rating updated: 17:50.
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