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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.
Rising Treasury Yields Fuel Concerns Of Persistent Inflation
Rising Treasury yields are once again commanding investor attention, creating a more complicated backdrop for advisors navigating portfolio positioning, client expectations, and equity market valuations.
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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.
Business Lobby Attacks as New York Nears a Non-Compete Ban, Rare in the US
When people think of noncompete agreements, they usually think of corporate executives with knowledge of prized trade secrets.
Big Moves at Citigroup and Wells Fargo — Reorg and Restructure
Citigroup and Well Fargo initiate substantial reorganization to streamline operations. Both involves implementing significant personnel changes.
Geopolitics Overtake Inflation as Investors' Biggest 'Tail Risk' Concern, Survey Shows
Higher inflation no longer the leading concern for investors surveyed by Bank of America and worsening geopolitical conflict now sits in the top spot.