When is selling clothes or other items online a hobby vs a business? These are the tax rules
mixetto/Getty ImagesIt’s now easier than ever to sell your unwanted clothes or household items online in Australia.
Legal wrangling over $12.5B Lakers sale shows how family trusts don’t guarantee a business stays in the family
Jeanie Buss is fighting with her siblings over whether to sell their shared stake in the Los Angeles Lakers. Axelle/Bauer-Griffin/FilmMagic via Getty ImagesThe Buss family’s 47-year ownership of the Los Angeles Lakers, 17-time NBA champions, could soon come to an end despite their patriarch’s clear wishes before he died.
Trump Threatens New 50% Tariffs on Cars, Trucks and Steel as U.S.-Canada Trade War Unfolds
President Trump vowed to increase tariffs on cars, trucks, auto parts and steel to 50 percent starting Jan. 1, as the countries edged toward a full-blown trade war.
FEDS Paper: Characterizing the Conditional Pricing Kernel: A New Approach
Hyung Joo KimI propose a novel method to reliably estimate the conditional pricing kernel by incorporating conditioning variables. The VIX and the term spread are most informative variables for identifying state prices. The conditional kernel estimate exhibits significant time variation: the more favorable market expectations, the higher state prices in negative return states.
FT Financial Literacy and Inclusion Campaign
The FT invites readers to join our campaign to promote financial literacy in the UK and around the world
Harry Potter and the risk of geopolitics
European banks write fan fiction
The free EU database that tells you if an appliance is actually green
BearFotos/ShutterstockWhen something breaks down, like a washing machine or television, you might find yourself in a showroom or flicking through 12 browser tabs, trying to choose between “eco-friendly” or “green” replacements. They look and cost the same, yet we currently have no way of knowing which claim, if any, is true.
Hedge fund Saba takes on Baillie Gifford in new board battle
Boaz Weinstein’s activist fund has been waging a campaign against UK investment trusts
Which Countries Could Be Hurt Most by Trump’s Plan to Hit Iran’s Economy?
President Trump has threatened economic penalties on countries that do business with Iran as he seeks to add pressure on Tehran to negotiate an end to the war.
PM faces fresh pressure as Turkish ties fray, pre‑election politics resume ahead of TIF
Greece returns on Monday to its normal political rhythm after the summer lull, with Kyriakos Mitsotakis chairing the first cabinet meeting of the new season at Maximos Mansion.
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