Author: arthursheikin@gmail.com

[ad_1] You can buy almost anything on Amazon, so an Amazon gift card is always a perfect gift when you’re unsure what to get someone. Amazon gift cards are helpful at any time of year, but even more so during Prime Day, which falls from July 8 to 11 this year. But gift cards are no help if you don’t know how to use them, so we’ve broken down the easiest ways to redeem an Amazon gift card right here.There are a few avenues for redeeming an Amazon gift card and checking the balance on an existing one. The best…

[ad_1] This week’s sell-off in UK gilts, sparked by a tearful Rachel Reeves in the House of Commons, showed how fragile investor confidence is in Britain’s precarious fiscal position. The merest suggestion that the chancellor may leave her job, caused by Sir Keir Starmer’s initial failure to fully back her on Wednesday, was enough to spook holders of the government’s debt — and force the prime minister to cling even more tightly to Reeves’ fiscal rules. Reeves has vowed to balance the government’s books by the end of the parliament, but there is rising market concern that Labour MPs are less…

[ad_1] OpenAI co-founder Ilya Sutskever says he is stepping into the CEO role at Safe Superintelligence, the AI startup he launched in 2024. In a post on X, Sutskever confirmed Thursday that Daniel Gross, the startup’s co-founder and CEO, departed the company as of June 29. Safe Superintelligence co-founder Daniel Levy is becoming president of the startup, according to Sutskever. The announcement follows weeks of reporting that Meta CEO Mark Zuckerberg was in advanced talks to hire Gross, as well as his longtime investing partner, former GitHub CEO Nat Friedman. At one point, Zuckerberg reportedly attempted to acquire all of Safe Superintelligence,…

[ad_1] Investing in Y Combinator startups can lead to significant returns to investors. “If you look at the data: 6% of YC companies become unicorns, and of that 6% a quarter become decacorns,” Kulveer Taggar told TechCrunch. Taggar is a two-time YC alum best known for founding Zeus Living, a property management startup that raised over $150 million in funding. Taggar is so confident in the continuing return potential offered by the famed accelerator that he established Phosphor Capital, a venture firm dedicated solely to investing in YC companies. Since launching last year, Phosphor has raised $34 million in capital…

[ad_1] Imagine you’re messaging some friends on the Facebook Messenger app or WhatsApp, and you get an unsolicited message from an AI chatbot that’s obsessed with films. “I hope you’re having a harmonious day!” it writes. “I wanted to check in and see if you’ve discovered any new favorite soundtracks or composers recently. Or perhaps you’d like some recommendations for your next movie night? Let me know, and I’ll be happy to help!” That’s a real example of what a sample AI persona named “The Maestro of Movie Magic” might send as a proactive message on Messenger, WhatsApp, or Instagram,…

[ad_1] Uncle Sam can take a solid bite out of retirees’ savings once they begin drawing down their hard-earned dollars, and UBS has a way to mitigate the tax bite. Investors may be familiar with portfolio diversification, in which they ensure they have sufficient exposure to an array of asset classes to avoid concentration risk. But there’s also the matter of tax diversification: That is, ensuring that you’re putting money away in accounts with different tax treatments so as to mitigate taxes when you start drawing down assets. These accounts can be taxable, tax-deferred (like your 401(k) plan or your…

[ad_1] Fast-food chain Juici Patties, which operates more than 70 locations in Florida, New York, and Jamaica, started on the island nation as a family kitchen in 1978. When the chain expanded into the US last year, it experienced stockouts.Executives knew they needed a different strategy — one with advanced technology to scale their business, manage franchises, and sell thousands of patties each day, Stuart Levy, the company’s chief technology officer, told Business Insider.Today, Juici Patties uses AI’s predictive and proactive features to prevent disruptions before they occur.”AI is helping to keep our distribution centers stocked with enough of our…

[ad_1] When Ken Griffin purchased the most expensive home in America in 2019, it came with a hidden discount.The palatial four-floor apartment at 220 Central Park South, which cost the billionaire founder of the hedge fund Citadel nearly $240 million, is taxed at about half the rate of the average condo in the city, data shows.Now, Zohran Mamdani, the 33-year-old self-described socialist who won the Democratic primary for New York City mayor, wants Griffin — and scores of other wealthy homeowners in the city — to pay more. His plan, if instituted, could upend tax bills from Staten Island to…

[ad_1] The S & P 500 is trading back at record highs, marking one of the sharpest comebacks in history, with the benchmark soaring more than 25% from its April 8 post- “liberation day” lows. For context, I’ve indicated the most recent period with a yellow arrow in a distribution of SPX returns since 1927. But the rising market has not helped all constituents return to their prior highs. For example, Delta Air Lines , which reports its quarterly earnings results next week, is still more than 25% below the February highs. Has the underperformance off the April lows led…

[ad_1] As of early July, mortgage rates are hovering around 6.7%.Two real estate investors, Mike Gorius and Kevin Hart, are willing to pay nearly double that rate to work with private money lenders.The main reason is speed and efficiency.Gorius told Business Insider that compared with working with a traditional lender, “there’s a lot less paperwork and a lot fewer hoops to jump through.”He and Hart, who quit their W-2 jobs to invest in real estate and pursue financial independence, do wholesales, wholetails, and flips primarily in Louisville, Kentucky. They also own more than 20 rental properties, including short-, mid-, and…