In the current economic and political climate, wealthy U.S. families are exploring the option of acquiring second citizenships and national residences to mitigate financial risks. This emerging trend has gained traction as a form of risk management, prompting individuals to create “passport portfolios” consisting of multiple citizenships. Henley & Partners, a prominent law firm specializing
admin
Taiwan Semiconductor Manufacturing Co. (TMSC) experienced a significant surge in monthly revenue in March, reaching 195.2 billion new Taiwan dollars ($6.1 billion). This represents a year-on-year increase of 34.3%, marking the fastest growth pace since November 2022. In the first quarter of the year, TSMC’s revenue totaled 592.6 billion new Taiwan dollars, up by 16.5%
The real estate market in China plays a significant role in the country’s economic activity. However, recent fluctuations in home prices have raised concerns about the overall health of the economy. As Richard Koo, chief economist at Nomura Research Institute, pointed out, convincing people that home prices are on the rise is crucial to stimulating
Toyota Motor has officially unveiled the highly anticipated 2025 4Runner SUV after nearly 15 years since its last redesign. This new release marks the completion of the automaker’s recent overhaul of its line of trucks and SUVs, bringing a fresh and modern look to the iconic vehicle. The 2025 Toyota 4Runner boasts a sleek new
Buying a new home is an exciting milestone for many people, but it can also come with some unexpected financial challenges. According to a recent survey from Real Estate Witch, almost 75% of new homeowners have regrets about their purchase, with property taxes being a common source of sticker shock for 33% of them. When
General Motors’ Cruise self-driving vehicle unit is set to redeploy cars on U.S. roadways on Tuesday after a hiatus since October. The relaunch will begin with a small fleet of human-driven vehicles in Phoenix, marking a significant step forward for the company. This move comes after an accident on October 2nd in San Francisco, where
The real estate market in the United States has seen a significant increase in the number of million-dollar cities. According to a recent analysis by Zillow, there are now 550 “million-dollar” cities in the country, marking an increase of 59 cities from the previous year. This surge in million-dollar cities is attributed to the mortgage
The Federal Deposit Insurance Corporation, or FDIC, has recently implemented new requirements for deposit insurance for trust accounts. The changes are intended to simplify insurance coverage rules for trust accounts, but they may result in some depositors exceeding FDIC limits. Established by Congress following the Great Depression, the FDIC provides insurance coverage of up to
Brazilian private equity firm 3G Capital has made headlines with its recent decision to sell off its 16.1% stake in Kraft Heinz in the fourth quarter. This move comes nearly nine years after orchestrating the blockbuster merger of Kraft Foods and Heinz, alongside Warren Buffett. The sale signals the end of an era for 3G,
The IRS recently released an “important update” for its Direct File program, just one week before the federal tax deadline of April 15. This free tax filing program has been in pilot phase since March 12, fully open to certain filers in 12 states. The new update allows users to import essential details that are