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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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Cathie Wood Predicts Deflation to Take Hold in US Next Year
Wood said deflation is already underway in the US across industries and will force the Federal Reserve to kick off a big interest-rate cutting cycle.
Investor Michael Burry of 'Big Short' Fame has Closed Bets Against S&P 500, Nasdaq
Burry's hedge fund Scion Capital disclosed in filing with SEC it had closed out "put" positions on SPDR S&P 500 ETF (SPY) and Invesco QQQ Trust.
Billionaire Citadel Founder Ken Griffin Says Employers Won’t Go the ‘Extra Distance’ to Keep Hybrid Workers On the Payroll: ‘It’s an Email to All… and Goodbye
Despite being beloved by many, pressure is mounting against hybrid and remote work models.
CalPERS Contemplating Significant Shift
CalPERS, the California Public Employees' Retirement System headquartered in Sacramento, is contemplating a significant shift in its asset allocation.