Student loan forgiveness is taxable again: Start planning for the ‘tax bomb,’ CFP says
Some student loan borrowers who get their debt canceled in 2026 may be hit with a tax bill now that a law protecting the relief from levies has expired.
Trump says U.S. will intervene if Iran ‘violently kills’ protestors
Protests erupted last week over the government’s handling of a sharp fall in the nation’s currency and soaring prices.
China’s BYD poised to overtake Tesla as world’s top EV seller for the first time
The milestone would cap an extraordinary rise for BYD, a company Tesla’s Elon Musk once dismissed by laughing at their products.
European stocks poised to start 2026 in positive territory; gold and silver prices rally
European markets were set to kick off the first trading day of the year on a positive note.
China’s ‘Silicon Valley’ is building robots and fortune-telling AI apps at the same time
Hangzhou’s AI ecosystem now spans everything from cutting-edge robotics to experimental apps built by solo founders.
Shares of KFC and Pizza Hut Indian operator Devyani jump on merger with rival franchisee Sapphire
Two major franchisee operators for Yum!Brands in India will merge to create a single unified franchisee for KFC & Pizza Hut in the country
Baidu’s semiconductor unit Kunlunxin files for Hong Kong listing amid AI chip boom in China
Baidu has announced plans to spin off its artificial intelligence chip subsidiary, Kunlunxin, and list the new firm on the Hong Kong Stock Exchange.
Asia-Pacific markets set to start 2026 on a mixed note
Some Asian markets are still closed for the holidays, including Japan and mainland China.
Singapore fourth-quarter GDP jumps 5.7%, beats expectations on strong manufacturing
The advance figure was also up from the 4.2% growth in the quarter before, and pushed the country’s full year GDP to 4.8%
Trump delays increased tariffs on upholstered furniture, kitchen cabinets and vanities for a year
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