Author: Arabian Media staff
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Retirement might mark the end of your career, but it doesn’t necessarily mark the end of your tax obligations. Depending on your income sources and where you live, taxes can still take a bite out of your retirement income. Thankfully, understanding how different income streams are taxed can help you plan ahead, preserve more of your nest egg, and avoid surprises come tax season. Key Takeaways Different retirement income sources—such as Social Security, pensions, and IRAs—are taxed differently, so understanding their treatment is key to effective tax planning. The strategic use of Roth accounts, tax-deferred withdrawals, and managing capital gains…
Warren Buffett transformed Berkshire Hathaway from a failing textile company into a sprawling conglomerate worth nearly $1 trillion. Now he’s 94 and the time to pass the reins is nearing, with one of the most high-profile jobs, the role of non-executive chairman, set to go to his middle child, a philanthropist and farmer with an interesting resume. Key Takeaways Howie Buffett is a philanthropist, farmer, and the middle child of Warren Buffett. After Warren dies, Howie is set to become Berkshire Hathaway’s non-executive chairman. Warren trusts Howie, who has sat on the boards of multiple companies, to preserve Berkshire’s culture…
Key Takeaways Experts say the AI trade is real, but they warn investors to tread carefully as speculative names surge without profits. Smaller firms chasing AI hype without fundamentals may get hit hardest if spending slows or sentiment shifts. Investors should focus on quality earnings, not just hype. “Free cash flow is all that matters,” says analyst Ted Mortonson. Nvidia’s monster earnings. A massive 200%+ post-IPO pop from AI cloud-computing startup CoreWeave. Multi-billion-dollar valuations for companies still chasing profits. If this all sounds familiar to you, you’re not alone. Talk of a potential AI stock bubble is growing. Some experts…
Key Takeaways Many states have introduced AI-related legislation in the mid-2020s. The companies most exposed include Meta Platforms Inc. (META), Alphabet Inc. (GOOGL), Amazon.com Inc. (AMZN), and Microsoft Corporation (MSFT)—all of which are facing multistate regulatory challenges that could impact their profits. Big Tech’s dreams of generating major profits from AI with minimal supervision were dealt a significant blow in 2025, after Republican efforts in Congress to halt individual states’ regulation of the sector for 10 years were defeated. States can now pursue their own AI restrictions, though a July 2025 “AI Action Plan” from the White House threatened federal…
Key Takeaways Making lasting summer memories doesn’t have to break the bank—with a little budgeting and creativity, you can keep costs low.Free or low-cost activities like biking, hiking, outdoor movies, and museum discounts offer plenty of entertainment options.Local theater productions and and movie chain discounts offer cheap, easy ways to have fun without going far. When summer rolls around, it’s easy to start splurging, spending money on cocktails at rooftop bars or buying flights for international travel. A recent analysis of Bank of America credit card cardholders found that, on average, they spent $150 a month on entertainment. But having…
Key Takeaways Jeffrey Epstein died with an estate worth about $600 million, but the exact source of his wealth remains murky, helping to fuel the many conspiracy theories around him. His largest reported clients—Leslie Wexner and Leon Black—paid him hundreds of millions of dollars for tax and estate planning services. A $40 million investment in Peter Thiel’s Valar Ventures later grew to nearly $170 million, becoming the largest asset in Epstein’s estate. When people hear the name Jeffrey Epstein, they usually think of scandal, crimes, and powerful connections. But one of the biggest mysteries surrounding the disgraced financier is how…
Key Takeaways Open and early conversations about money—covering income, debts, credit, and financial expectations—are crucial for avoiding misunderstandings in relationships, especially when there’s a big wealth gap.Prenuptial agreements aren’t just for the ultra-wealthy; they can protect both partners by clearly outlining how assets would be divided in case of divorce or death.Trusts, wills, and estate planning can help couples—celebrity or not—pass on wealth smoothly and avoid future legal or family disputes.Partners should align on how to manage debt, set spending expectations, and plan for big financial decisions like home ownership or property taxes.Insurance, investment goals, and family plans—including children and…
Considering the swank business-class service being rolled out on long-haul routes, airline travel gurus have suggested that splurging on a first-class seat may not always be necessary. The level of luxe depends on the airline and on the particular model of plane. Here, we look at business class on three Middle Eastern airlines—Emirates, Etihad Airways, and Qatar Airways—highlighting some of the perks they have put in place to lure business-class travelers. Before traveling, review the airline’s website for its travel guidelines and restrictions, as well as your destination country’s passport, visa, and health requirements. Key Takeaways All three Middle Eastern airlines—Emirates, Etihad Airways, and Qatar Airways—have tried to set…
