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Business News

Location American Business News for 30 April 2023

Is the amount gifted by your spouse taxable?

livemint.com - 30 Apr 2023 20:03
Is the amount gifted by your spouse taxable? As per the provisions of the Income-tax Act, any sum of money or value of property received from 'relative' is not considered as taxable both in the hands of the donor and the recipient.
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Shuttered Macy's store in Spring Hill Mall to be purchased by village of West Dundee The West Dundee Village Board will vote on a proposal Monday to buy the former Macy's department store at Spring Hill Mall for $1.25 million, Village Manager Joe Cavallaro said.
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Philadelphia Eagles Solve RB Issues With Shrewd Trade Featuring D'Andre Swift The Philadelphia Eagles solved their running back issues during the 2023 NFL Draft and it didn't even involve using a first-round draft pick.
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Think Like a Hacker: OPSEC Tips To Ensure Crypto Security Ron Stoner is the Head of Security at US-based crypto security specialist Casa.__________ Operational security, or OPSEC, is the process of performing risk management by defining what information you are trying to secure...
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Google Celebrates 'Harry Potter' Star Alan Rickman's Life And Career With Today's Doodle Google pays tribute to the anniversary of Alan Rickman's breakout role.
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"The Democrats and the president have got to be stronger on working-class issues. You do that, and I think Biden is going to win in a landslide."
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Blake Lemoine told Futurism Google could've released Bard years ago, but wanted to ensure it's safe, and had "far more advanced technology" under wraps.
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Should Manchester United Sign AFC Ajax's Jurrien Timber? Why Jurrien Timber makes sense for Manchester United.
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In First Full Season Managing Phillies, Rob Thomson Balances Growing Pains And Big Expectations Thomson led the Phillies to an unlikely 2022 World Series appearance, but success only breeds pressure.
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The biggest challenge facing US small businesses? Rising interest rates | Gene Marks Financial help is available to small businesses - but this funding is competitive, time-consuming and difficult to receive The Federal Reserve chair, Jerome Powell, has been warning for some time that it takes time for i...
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How Scalia Law School Became a Key Friend of the Supreme Court The school cultivated ties to justices, with generous pay and unusual perks. In turn, it gained prestige, donations and influence.
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US Senator Rand Paul Warns of US Dollar Losing Reserve Currency Status -- Says 'It's Not an Unfounded Prediction' U.S. Senator Rand Paul has warned that the U.S. dollar could lose its status as a global reserve currency. "For a variety of reasons, both foreign policy as well as fiscal irresponsibility, yes, the dollar is in a precar...
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Old ghosts of Staley - and Epstein - haunt Barclays once again A new lawsuit against its former boss does not involve the bank, but awkward questions may be asked at this week's AGM Barclays could be forgiven for thinking it was out of the woods after parting ways with its chief exe...
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Nine Million People Have Watched The Full 'Super Mario Bros. Movie' Illegally Posted On Twitter After attempting something similar a few days ago, the account "vids that go hard" with 1.1 million followers has posted the entirety of the Super Mario Bros. Movie, yes the one that's still in theaters and just crossed ...
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A pilot who tried to smuggle 4 people from Belgium to Britain in a private airplane was jailed for 7 years Richard Styles rented a Piper Seneca to carry his passengers from Belgium to a small airfield in Northamptonshire, England, but police were waiting.
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The Flat Tax Revolution In State Capitals Is Thriving Despite a recent setback, governors and state legislators pursuing rate-reducing tax reform are winning more than they are losing.
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From a painful credit crunch to a meltdown in the commercial real estate market, here's what top economists are predicting for the coming months "A recession is a very big call because it's a haircut to national income," David Rosenberg said. "It's as if the whole country takes a pay cut."
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Putin's Russia is using makeshift cells to punish soldiers' misdemeanors, including drunkenness and attempting to terminate their contacts.
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Big Tech is pursuing 'the year of efficiency.' It could get supercharged by AI. In Insider Today's Sunday edition, business editor-in-chief Matt Turner breaks down why Big Tech's new focus on efficiency could have far-reaching impacts.
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Cruise News You Can Use: New Pickle Ball Courts, Golf Cruises And The Biggest Bands At Sea Cruising is back, and bigger than ever. As passengers return, there are new onboard features and new itineraries to look forward to on future sailings. Expect celebrity chefs and winemakers as well as themed cruises and ...
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Katy Perry loses a trademark battle with a fashion designer called Katie Perry A legal battle between the American pop star singer and an Australian designer of the same name has ended after 15 years.
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The Week in Business: High-Profile Media Ousters

The New York Times - 30 Apr 2023 13:00
The Week in Business: High-Profile Media Ousters First Republic is struggling. The Fed faults its own oversight of Silicon Valley Bank. The U.S. economy is still growing but at a slower pace. And a jobs report is coming out.
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