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Online Trading Academy Upends Thousands of Young People’s Lives
Bloomberg Originals· 2025-07-10 13:50
Woo. Hit the stage. Hit the stage.You're brainwashed into this is something that is life-changing. It can be something that's life-changing. If you bring more people, what that allows the company to do is to tell people, "If you're failing right now, it's your fault. It's because you're not projecting wealth enough." It allows them to also isolate you from the people you know because they'll say stuff like you need to surround yourself with wealthy people if you want to become wealthy and wealthy people tha ...
X @Forbes
Forbes· 2025-07-10 08:20
The Agora, sued by the SEC, FTC, and two state AGs, reaches hundreds of millions of people across social media with misleading promises of wealth and wellness. https://t.co/zcnBBV7S5R(Illustration: Philip Smith for Forbes; Photo: Fanatic Studio via Getty Images) https://t.co/zBM7QWBMdw ...
'Big beautiful bill' changes the tax code on charitable giving: Here's what to know
CNBC Television· 2025-07-09 11:50
Charitable Giving Landscape - Charitable giving reached a record $590 billion in the past year, primarily driven by stock market wealth [2] - Tax changes could cause a significant shift in who gives and how much [2] Tax Law Changes - New charitable deduction of up to $1,000 for individuals and $2,000 for married couples taking the standard deduction [3] - Itemizers, mainly the wealthy, will not be able to deduct the first 0.5% of their gross income given to charity [3] - Deduction limits for those in the top tax bracket allow claiming only a 35% tax deduction for charitable gifts, down from 37% [4] Impact Assessment - Supporters believe the changes will encourage more giving by everyday Americans [4] - Others estimate the changes will reduce overall giving by more than $8 billion [4]
Are Billionaires Happy?
20VC with Harry Stebbings· 2025-07-09 05:00
Wealth & Character - Self-made wealthy individuals are generally high character people [2] - Wealthy individuals often establish valuable alliances [1] - The stereotype of the unhappy billionaire with dysfunctional family relationships is largely a misconception [3] Family & Relationships - Financial anxiety can negatively impact relationships and family dynamics [3] - Wealthy individuals are often good family people, despite potential multiple marriages [3]
