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$8.1B Inheritance Tax Paid By Samsung Heirs, Establishing Benchmark
(NEWS.AZ) - The family of Lee Jae-yong has paid approximately 12 trillion won ($8.1 billion) in inheritance taxes over five years, representing the largest such payment in South Korean history.
The Fed Is Expected To Maintain Current Interest Rate Levels For The Remainder Of The Year
The Federal Reserve is increasingly expected to maintain current interest rate levels through the remainder of the year, as economists reassess earlier expectations for monetary easing and shift anticipated rate cuts into 2027.
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Growing US Debt Putting Considerable Strain on Economy: Market Strategist
Burgeoning debt of the United States is placing considerable strain on its economy, compelling investors to consider reallocating their assets.
JPMorgan has Cautious View of the Current Market Rally
JPMorgan expressed preference for commodities over government bonds citing global uncertainties and cautious view of current stock market rally.
SEC Defers Decisions on Spot Bitcoin ETF, Grayscale Ether Futures Filing
The SEC yet again has deferred making a decision on whether to approve the first US exchange-traded fund that invests directly in Bitcoin.
Goldman Sachs Sees Limited Upside to Stocks in 2024 as Market Rallies
Goldman Sachs sees S&P 500 closing 2024 at 4,700 about a 5% increase from current levels and below average 8% return typically seen in election years.