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The ongoing debate over expiring tax breaks enacted by former President Donald Trump has taken center stage in discussions regarding the country's economic future. President Joe Biden's top economic advisor, Lael Brainard, recently outlined plans to address the looming expiration of several provisions from the Tax Cuts and Jobs Act of 2017. With the current
As the world becomes more interconnected, many Americans are considering purchasing real estate overseas. According to the latest Trend Report by Coldwell Banker Global Luxury, nearly 40% of U.S. millionaires are planning on buying a home abroad within the next year. Additionally, two-thirds of respondents are looking to purchase a property outside of the U.S.
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In a recent announcement, Moderna revealed that the FDA has postponed the approval of its respiratory syncytial virus (RSV) vaccine until the end of May. The delay was attributed to “administrative constraints” within the agency, with the decision originally expected to be made on Sunday. Despite this setback, Moderna clarified that there were no concerns
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The art market is experiencing a decline in auction sales as wealthy buyers and collectors take a step back from the frenzied prices seen in recent years. Major auction houses, including Christie's, Sotheby's, and Phillips, are projected to have total sales of $1.2 billion for the upcoming two weeks, representing an 18% decrease from last
Semiconductor Manufacturing International Corporation (SMIC) recently reported that its first-quarter profit fell below expectations, highlighting the intense competition in the chip industry. The company mentioned that competition in the industry has been increasingly fierce, and pricing for commodity products follows market trends. This puts pressure on companies like SMIC to innovate and maintain their market