Washington, July 1 (IANS) US Vice President JD Vance’s latest annual financial disclosure shows his bestselling memoir Hillbilly Elegy remained his biggest private source of income, generating between $1 million and $5 million in royalties during the reporting period, alongside continuing earnings from foreign publishing rights, venture capital investments and a diversified investment portfolio.The annual disclosure, filed with the US Office of Government Ethics, provides the first detailed pict…
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Washington, July 1 (IANS) US President Donald Trump’s latest annual financial disclosure shows that cryptocurrency has become one of the biggest sources of income for his business empire, with hundreds of millions of dollars generated from token sales, equity transactions and digital asset holdings linked to World Liberty Financial and other crypto ventures.The filing submitted to the US Office of Government Ethics gives details of his holdings in digital assets through DT Marks Defi LLC, former…
Washington, June 13 (IANS) US lawmakers this week debated a package of tax proposals aimed at easing compliance burdens for millions of cryptocurrency users, as Congress moved to establish clearer rules for a rapidly expanding digital asset sector that supporters say is critical to maintaining America’s leadership in financial innovation.During a hearing of the House Ways and Means Committee, lawmakers and industry representatives argued that existing tax rules have failed to keep pace with the …
New Delhi, June 6 (IANS) Over 1 lakh jobs have been cut in the technology sector in the first five months 2026, with May alone accounting for nearly 28,900 roles, a new report has said.The report from Layoff.fyi said a total of 1,16,739 tech employees have been laid off year‑to‑date, adding that only 10,577 job cuts were announced in May 2025, less than half compared to 28,889 last month.However, March was the worst month this year so far in terms of job cuts, with over 46,000 mass layoffs.M…
New Delhi, May 5 (IANS) Crypto exchange Coinbase on Tuesday said it is laying off 14 per cent of its staff as artificial intelligence (AI) is changing the way people work, to be lean, fast, and AI-native.All impacted team members will receive an email to their personal account with more information, “and an invitation to meet with an HRBP and a senior leader in your organization”, said the company.“Coinbase system access has been removed today. I know this feels sudden and harsh, but it is…