Author: Daniel snow

The OPEC logo is displayed on a mobile phone screen in front of a computer screen displaying OPEC icons in Ankara, Turkey, on June 25, 2024.Anadolu | Anadolu | Getty ImagesEight oil-producing nations of the OPEC+ alliance on Saturday agreed to lift their collective crude production by 548,00 barrels per day, as they continue briskly unwinding a set of voluntary supply cuts.This subset of the alliance — comprising heavyweight producers Russia and Saudi Arabia, alongside Algeria, Iraq, Kazakhstan, Kuwait, Oman and the United Arab Emirates — met digitally earlier in the day. They had been expected to increase their output by…

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A software engineer.Mtstock Studio | E+ | Getty ImagesThe tech industry is reeling after a software engineer was exposed as working at several Silicon Valley startups at the same time — and experts say it’s a lesson on hustle culture gone too far.Soham Parekh, a software engineer from Mumbai, went viral on social media after being accused by Playground AI founder Suhail Doshi on X of working at a number of startups simultaneously.Doshi wrote: “There’s a guy named Soham Parekh (in India) who works at 3-4 startups at the same time. He’s been preying on YC [Y Combinator] companies and…

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Congress passed President Donald Trump’s tax and spending package Thursday, ushering in major changes to Americans’ finances. The GOP’s marquee “one big beautiful” bill makes Trump’s 2017 tax cuts permanent while adding a senior “bonus” along with a bigger state and local tax deduction and higher estate and gift tax exemption.Among other tax provisions, the megabill also includes breaks for tip income, overtime pay and auto loans, as well as the creation of a new tax-advantaged savings account for children. The chart below outlines these key tax changes and how they could impact your wallet. Source link

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CANNES — Wall Street’s new plumbing is being built on Ethereum and this week its architects took over the same French Riviera villas and red carpet venues that host the Cannes Film Festival in May.The Ethereum Community Conference, or EthCC, took over the beachside town that was swarming with crypto founders, developers, and some of the institutional giants now building atop the infrastructure.The crypto elite climbed the iconic red-carpeted steps of the Palais des Festivals — a cinematic landmark now repurposed as the stage for Ethereum’s flagship European event.”The atmosphere this year was palpable in Cannes,” said Bettina Boon Falleur,…

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Summer is in full swing, and more and more people are heading on vacation or planning one. With the price of hopping on a flight fluctuating so much right now, you might want to consider a destination you can just drive to.”You can make a road trip out of the vacation, take your time, and actually enjoy the journey. They’re often more affordable, less crowded, and full of quiet beauty,” Hilary Fischer-Groban, Senior Director of Global Brand, Insights and Comms at Tripadvisor, tells CNBC Make It.”It’s a chance to slow down, unplug, and get the kind of reset a packed…

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