Latest in Accelerates Wealthy
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New UK non-dom concession ‘accelerates’ wealthy people’s exit plans
Anyone leaving before April 2025 will become exempt from inheritance tax after three yearsBusiness - Financial Times - Yesterday -
Why it’s hard to box in the wealthy on tax
Budget measures and missed opportunities show difficulty of raising large sums from highly mobile executivesWorld - Financial Times - October 30 -
Google's Cloud Business Powers Accelerating Revenue Growth
Google reported a 15% jump in year-over-year revenue driven by strong results in its cloud-computing division, boosting the company’s fortunes during a costly push into artificial intelligence.Business - The Wall Street Journal - October 29 -
Incredibuild acquires Garden to accelerate game development
Incredibuild has acquired Garden to bolster its acceleration capabilities for the entire DevOps lifecycle for games.Tech - VentureBeat - November 4 -
Cisco sees product orders accelerate in the AI era, and its outlook moves higher
Networking company sees a 20% boost in product orders for the latest quarter.Business - MarketWatch - November 14 -
Ukraine front could 'collapse' as Russia gains accelerate, experts warn
Moscow's forces have taken more ground since September than they did over the course of 2023, analysts say.Top stories - BBC News - November 20 -
UK inflation accelerates sharply to 2.3% in October
Increase from 1.7% prompts traders to further reduce bets that Bank of England will cut rates next monthBusiness - Financial Times - November 20 -
Julius Baer Flags Inflows Pickup, Brighter Outlook
The private banking group said inflows from clients in key markets accelerated from the midyear point as it signaled a rosier outlook for the year ahead with higher profit and potential shareholder ...Business - The Wall Street Journal - 6 days ago -
UK hits wealthy with raids on non-doms, private equity and estates
Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreignersBusiness - Financial Times - October 30 -
Business and wealthy bear brunt of £40bn tax increases in UK Budget
Markets unsettled by extent of government borrowing as Rachel Reeves boosts spendingBusiness - Financial Times - October 30 -
Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners
Experts say big tax bills could result from Rachel Reeves’ move in the BudgetBusiness - Financial Times - October 30 -
Record numbers of wealthy Americans are making plans to leave the U.S. after the election
Attorneys and advisors to family offices and high-net-worth families said they're seeing record demand from clients looking for second passports or long-term residencies abroad.Business - CNBC - November 1 -
Cop29 could change the financial climate for the world’s wealthy polluters
This week’s summit will focus on paying for the costs of global heating – and much more money is needed. About 50,000 government officials, policymakers, investors and campaigners will gather in ...World - The Guardian - November 10 -
Bridgewater’s Bob Prince buys $12mn home in wealthy Hong Kong enclave
Hong Kong Monetary Authority official calls for applause for executive’s purchase at finance conferenceWorld - Financial Times - 6 days ago -
Illinois Gov. JB Pritzker accelerates abortion advocacy on eve of the election
Illlinois Gov. JB Pritzker's Think Big America nonprofit group is helping fund abortion ballot initiatives in eight states.Top stories - NBC News - October 29 -
Trump Media closes up 8% after rollercoaster trading session with heavy volume, several halts
DJT trading was halted multiple times as the stock price of the company majority owned by Donald Trump whipsawed.Business - CNBC - October 29 -
Meta sees AI spending accelerating as earnings top forecasts
Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technologyBusiness - Financial Times - October 31 -
Caitlin Clark Accelerated Her Team’s Timeline. A Coach Paid the Price.
The Indiana Fever suddenly parted ways with Christie Sides because their goal has changed, a columnist for The Athletic writes.Sports - The New York Times - November 3 -
Palantir’s stock surges as AI drives a further acceleration in growth
Palantir’s CEO says the latest earnings are ”a slap in the face of people who continue to believe that the value of AI is solely in building AI large language models.”Business - MarketWatch - November 5 -
Airbnb Posts Higher Third-Quarter Revenue as Travel Demand Accelerates
The short-term rental company posted higher revenue in the third quarter as North American travel trends improved.Business - The Wall Street Journal - November 7 -
New inflation data shows increase, days after election
Inflation accelerated in October, snapping a streak of six consecutive months of cooling inflation.Top stories - ABC News - November 13 -
ServiceNow rolls out enterprise AI governance capabilities to accelerate production deployment
ServiceNow is looking to solve a key enterprise AI adoption challenge, with the debut of new governance capabilities to give organizations more confidence in AI outcomes.Tech - VentureBeat - November 13 -
Nvidia accelerates Google quantum AI design with quantum physics simulation
Nvidia it is working with Google Quantum AI to accelerate the design of its next-generation quantum computing devices using simulations powered by Nvidia.Tech - VentureBeat - November 18 -
Microsoft supercharges Fabric with new data tools to accelerate enterprise AI workflows
At Ignite, Microsoft shared several new enhancements for Fabric, setting up the platform as the unified data layer for next-gen AI apps.Tech - VentureBeat - November 19 -
89% of Americans say they do not consider themselves wealthy — here's what stands in the way
For many Americans, the definition of what it means to be well off is relatively modest. And yet, only one-tenth of Americans consider themselves wealthy today.Business - CNBC - November 19 -
How Morgan Stanley Stepped Up its Courtship of Near-IPO Employees as Wealthy Clients
The investment bank signed an agreement with Carta, a shareholder management company for startups, which estimates about 2,000 of its clients are at companies likely to go public.Business - Inc. - November 19 -
‘Trump trades’ move into overdrive as Dow, dollar and bond yields soar. What’s next for markets.
The question for investors is what happens once the postelection euphoria wears off.Business - MarketWatch - November 6 -
Russia-Ukraine war live: Moscow claims advance in Ukraine’s east has ‘accelerated’
Russia’s defence ministry said that its forces had captured the settlement of Novodmytrivka in eastern Ukraine’s Donetsk region Continue reading...World - The Guardian - 3 days ago -
‘I know it’s awkward to give advice to wealthy people’: My wife, 50, has terminal cancer. Our estate is worth $18 million. How do we prepare?
“We have two children ages 19 and 21, with one starting law school and the younger planning on medical school.”Business - MarketWatch - November 7