US

In a shocking revelation, Banque Pictet, the private banking division of the well-established Pictet Group, has admitted to colluding with U.S. taxpayers to hide a staggering $5.6 billion from the Internal Revenue Service (IRS). This revelation has sent shockwaves through the financial industry, raising questions about the trustworthiness of major banks and emphasizing the urgent
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Meta, formerly known as Facebook, recently unveiled its updated policies on political ads. The company, led by Nick Clegg, President of Global Affairs, aims to address the growing concern of misleading content by requiring advertisers to disclose when artificial intelligence (AI) is employed to manipulate images and videos. While Meta claims these policies are consistent
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Shares of iRobot plunged by as much as 19% on Monday following a warning issued by the European Union’s antitrust watchdog regarding Amazon’s proposed $1.7 billion acquisition of the Roomba maker. The European Commission, which initiated an in-depth probe into the purchase in July, expressed concerns that the deal may restrict competition in the market
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In the face of persistently high interest rates and stubborn inflation, many investors have turned to fixed income products as a safe haven for their money. However, as October’s cooler-than-expected CPI print hinted at a possible end to the Federal Reserve’s interest rate hiking campaign, two experts suggest that it is time for investors to
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