Posts by Liam Redmond
The Liquidity Paradox and How Colin Steinberg Solves Legacy Funding Without Gift Tax Friction
More than 1,000 people are becoming millionaires in America every day. Yes, factors like inflation are making that number less robust, but the fact still stands that there are nearly 24 million individuals with significant net wealth that have at least hit the seven-figure mark. Some of these are business owners with money tied up…
Read MoreS&P 500, Nasdaq open higher as chip stocks gain ahead of Nvidia results
Published Wed, May 20, 2026 · 09:44 PM [NEW YORK] The S&P 500 and the Nasdaq opened higher on Wednesday (May 20), lifted by a rebound in chip stocks ahead of Nvidia’s quarterly earnings, which investors view as a crucial test of AI demand as they weighed concerns over elevated Treasury yields. The Dow Jones…
Read More‘Summer House’ + ‘In the City’ recap: West and Ciara make-out, Amanda and Lindsay expose Danielle, VRT unpacks
‘Summer House’ + ‘In the City’ recap: West and Ciara make-out, Amanda and Lindsay expose Danielle, VRT unpacks Next Previous Source link
Read MoreMAS revokes Bsquared crypto permit over ‘serious breaches’
Published Wed, May 20, 2026 · 08:48 PM SINGAPORE’S central bank has revoked the major payment institution license of a local crypto liquidity provider, a rare move for the regulator as the city-state seeks to mitigate risks in the industry. Bsquared Technology, also known as BSQ, is no longer allowed to provide digital payment token…
Read MoreChatbots struggle with news accuracy and sourcing ahead of US midterms
Published Wed, May 20, 2026 · 08:09 PM FOUR major artificial intelligence chatbots — OpenAI’s ChatGPT, Alphabet’s Google Gemini, Anthropic’s Claude and xAI’s Grok — are struggling to fairly and accurately answer questions about elections and geopolitics, according to a new study from Forum AI. Researchers asked the four chatbots more than 3,100 questions about…
Read MoreWhy the Rams and 49ers might have the NFL’s most exhausting season
The NFL is quickly becoming a global empire and the San Francisco 49ers and Los Angeles Rams are about to feel every brutal mile of it. The NFL’s 2026 schedule was officially released last Thursday night and the league shattered the previous travel record. All 32 NFL teams will collectively cover 628,873 miles this season…
Read MoreNY town official sentenced after shooting DoorDash driver who stopped to ask for directions
A New York town official has been sentenced after shooting a lost DoorDash delivery driver who had approached his home to ask for directions. Town of Chester Highway Superintendent John Reilly, 49, was ordered Monday to 17 years in prison and must complete five years of post-release supervision under the terms of his sentencing over…
Read MoreSingapore stocks end lower amid downbeat regional showing; STI down 0.5%
[SINGAPORE] Singapore stocks ended lower on Wednesday (May 20). The benchmark Straits Times Index (STI) lost 0.5 per cent or 27.43 points to finish at 5,044.91. Wilmar International led the gainers on Singapore’s blue-chip index, rising 2.2 per cent or S$0.08 to end at S$3.73. It was the worst STI performer on Tuesday, having fallen…
Read MoreGrab folds Indonesia’s Superbank into financial services segment; Singtel transfers stake to GXS Bank
[SINGAPORE] Grab will consolidate Indonesian digital bank Superbank into its financial services segment, after Singtel transfers its stake in the lender to GXS Bank, Grab’s joint venture with the telco. The Nasdaq-listed super app on Wednesday (May 20) announced that its combined shareholding in Superbank will rise to more than 50 per cent following the…
Read MoreCalifornia benefit scams make Minnesota fraud look like ‘child’s play,’ Chris Rufo tells ‘Pod Force One’
The level of fraud in California under Democratic Gov. Gavin Newsom makes Minnesota’s scandals look like “child’s play,” a conservative activist explained on the latest episode of “Pod Force One,” noting that at one point only two officials were tasked to root out scammers in the Golden State. “The scale of it in the state…
Read MoreDogfight over California: The ugly battle between electric air taxi leaders Joby and Archer
Two California companies at the front of the global race to bring battery-powered air taxis to the public are trying to trip each other up in court. While Joby Aviation and Archer Aviation are based within an hour of each other in Northern California, they are bitter rivals, each hoping their own small electric vertical…
Read MoreNestle and Danone face fresh scrutiny over infant formula recalls
Published Wed, May 20, 2026 · 05:35 PM [PARIS] Nestle and Danone are facing fresh scrutiny over the handling of infant formula contamination after reports published on Tuesday by French, Belgian and Swiss public media questioned the speed of recalls of potentially harmful products. The investigation by Radio France, RTBF and RTS said Nestle had…
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