What to know about proposed Biden tax on the wealthy to fund Medicare
President Joe Biden delivers remarks on his plan to protect Americans access to affordable health care in Virginia Beach, Virginia, on Feb. 28, 2023.Saul Loeb | AFP | Getty ImagesPresident Joe Biden this week called for higher taxes on wealthy Americans to boost Medicare as part of his 2024 budget, aiming to help fund the […]
Boutique Wealth Manager EXANTE Secures FCA License, Launches in UK
EXANTE, a Cyprus-based boutique wealth management platform, has secured a regulatory license from the UK Financial Conduct Authority (FCA) and has officially launched its services in the country. The boutique brokerage disclosed the developments in a statement shared with Finance Magnates. AloGatewayis a Global payment processing service and solutions provider able to cater to a […]
Richest 1% amassed almost two-thirds of new wealth created since 2020: Oxfam
Skyline in lower Manhattan.Gary Hershorn | Corbis News | Getty ImagesOver the last two years, the richest 1% of people have accumulated close to two-thirds of all new wealth created around the world, a new report from Oxfam says.A total of $42 trillion in new wealth has been created since 2020, with $26 trillion, or […]