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Business & Money

California’s wealth tax proposal leaves billionaires with little escape

By Stacey D. WallsJanuary 8, 2026

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide for wealthy…

Technology

British crypto buyers are required to share their account details with tax authorities from January 1, or face penalties, as the UK seeks to collect unpaid taxes (Rachel Clun/BBC)

By Stacey D. WallsJanuary 2, 2026

Featured Podcasts Hard fork: Our technical resolutions 2026 + We answer your questions The future is already here. Each week,…

Technology

Peter Thiel and Larry Page could leave CA over a proposed ballot measure, which Newsom opposes, that levies a one-time 5% tax on those with more than $1 billion in assets (New York Times)

By Stacey D. WallsDecember 27, 2025

Featured Podcasts Big Tech Podcast: Alex and Ranjan’s Outlook for 2026: ChatGPT 1 Billion, AI Shopping, Apple’s Big Year, AI…

Technology

A look at Meta’s Hyperion 2GW data center in Louisiana, the first phase of which will open in 2028; analysis shows GPU sales tax breaks could total more than $3.3 billion (Jon Keegan/Sherwood News)

By Stacey D. WallsDecember 20, 2025

Featured Podcasts Hard fork: Why Roomba is Dead + Tech Predictions for 2026 + A Hard Forkin’ Christmas Song The…

Business & Money

Republicans offer alternatives to Obamacare tax credit as deadline approaches

By Stacey D. WallsNovember 24, 2025

An Obamacare sign is displayed in front of an insurance agency on November 12, 2025 in Miami, Florida. Joe Raedle…

Technology

In an October 27 letter, OpenAI asked the Trump administration to extend a 35% tax credit under the Chips Act to help reduce the cost of AI infrastructure (Bloomberg)

By Stacey D. WallsNovember 7, 2025

Featured Podcasts Big Tech Podcast: OpenAI bailout?, Elon’s $1 trillion payment deal, Amazon continues perplexity The Big Technology Podcast takes…

Technology

Lettuce Financial, which provides accounting, payroll, benefits and tax compliance to sole proprietorships, raised $28 million led by Zeev (Elaine Pofeldt/Forbes)

By Stacey D. WallsOctober 31, 2025

Elaine Pofeldt / Forbes: Lettuce Financial, which provides accounting, payroll, benefits and tax compliance service to sole proprietorships, raised $28…

Business & Money

Ford CEO expects EV sales to be reduced by half after tax credits

By Stacey D. WallsSeptember 30, 2025

The CEO of Ford Motor Company, Jim Farley, speaks during a Ford Pro event accelerate on September 30, 2025 in…

ASEAN, China unlikely to finalize South China Sea Code of Conduct at next summit – Radio Free Asia

Heat maps show North Korea’s largest greenhouse at less than half capacity – Radio Free Asia

Balikatan 2026 exercises will highlight Manila’s ‘more active defense posture’ – Radio Free Asia

North Korean agents use fake identities to apply for tech jobs – Radio Free Asia

Award-winning Burmese journalist Shin Daewe released from prison – Radio Free Asia

The clock is ticking for Spirit Airlines as bondholders weigh in on Trump bailout

New York pied-à-terre tax sparks legal fight over values

FDA Speeds Up Research on Psychedelic Drugs Following Trump Order

Spirit Airlines’ money ‘won’t last very long’

Nike cuts 1,400 jobs in second round of layoffs this year

The biggest sign yet that the midterm blue wave could be massive

Trump falls asleep during Oval Office event as his decline deepens

Hakeem Jeffries calls Trump the stupidest president in history

Republicans attempt to overturn election after Virginia backfires Trump’s Gerrymander

RFK Jr. looked completely crazy during Senate hearing

The series, founded by two Yale seniors to build an AI-powered social network on iMessage, has raised a $5.1 million pre-seed round from Reddit CEO Steve Huffman and others (Dominic-Madori Davis/TechCrunch)

JPMorgan and other banks have struggled to spread the risk of billions in loans they made to build data centers leased from Oracle in Texas and Wisconsin (Wall Street Journal)

French forecast office refers suspicion of tampering with weather sensors at Paris airport to police after detecting unusual values alongside Polymarket betting (Joe Wertz/Bloomberg)

Meta announces deal to use “tens of millions” of Amazon’s Graviton chips to help deliver its next generation of AI models, amid Nvidia chip shortage (Ina Fried/Axios)

Norway plans to ban children from using social media until age 16; government says it will present bill to parliament by end of 2026 (Terje Solsvik/Reuters)

Browsing: tax

Billionaire Tom Steyer, running for California governor, says he will vote for the one-time 5% tax on billionaires’ wealth if it makes it onto the November ballot (Eliyahu Kamisher/Bloomberg)

Peter Thiel donated $3 million to a group to fight California’s wealth tax, the first in a series of major donations expected by tech leaders in 2026 (New York Times)

California’s wealth tax proposal leaves billionaires with little escape

British crypto buyers are required to share their account details with tax authorities from January 1, or face penalties, as the UK seeks to collect unpaid taxes (Rachel Clun/BBC)

Peter Thiel and Larry Page could leave CA over a proposed ballot measure, which Newsom opposes, that levies a one-time 5% tax on those with more than $1 billion in assets (New York Times)

A look at Meta’s Hyperion 2GW data center in Louisiana, the first phase of which will open in 2028; analysis shows GPU sales tax breaks could total more than $3.3 billion (Jon Keegan/Sherwood News)

Republicans offer alternatives to Obamacare tax credit as deadline approaches

In an October 27 letter, OpenAI asked the Trump administration to extend a 35% tax credit under the Chips Act to help reduce the cost of AI infrastructure (Bloomberg)

Lettuce Financial, which provides accounting, payroll, benefits and tax compliance to sole proprietorships, raised $28 million led by Zeev (Elaine Pofeldt/Forbes)

Ford CEO expects EV sales to be reduced by half after tax credits