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Representatives from Wex, Home Trust and Wells Fargo sat down at Imagination In Action’s ‘Forging the Future of Business with AI’ Summit to talk about how AI has impacted the the financial industry on the business and retail side.<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
⏲ 21:15 👁 9.5M
Ed Zamora College Prep Channel
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Crazy Medusa
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The IRS issued Revenue Ruling 2023-2, which had a substantial impact on estate planning, particularly where an irrevocable trust is involved. In the last decade or so, more families have begun utilizing irrevocable trusts to protect their assets from spend-down in order to qualify for government benefits, such as Medicaid and VA Aid and Attendance.<br/><br/>Prior to the issuance of this ruling, it was unclear whether assets passing to beneficiaries through an irrevocable trust would receive a step-up in basis, thereby eliminating any capital gains taxes that would otherwise be owed. Historically, assets that are disposed of during an individual’s lifetime are subject to capital gains taxes on the increase in value of that asset over time. The amount of capital gains owed is determined largely by the difference between the value at the time of purchase and the value at the time of transfer.
⏲ 1:29 👁 1.4M
The FAFSA Guru
⏲ 5 minutes 14 seconds 👁 145
Federal Student Aid
⏲ 2 minutes 7 seconds 👁 100.4K
Shopify's stock price fell 19% after the company forecast slower sales growth for the second-quarter, down from previous quarters. Adjusting for the sale of its logistics business. Shopify indicated that the sale of its logistics business to Flexport would impact its future financial projections. Chief Financial Officer Jeff Hoffmeister noted that a strong U.S. dollar and weaker consumer spending in Europe, particularly in the United Kingdom, are also expected to affect the company's forward guidance. Shopify reported first-quarter revenue growth of 29%, the fourth quarter in a row exceeding 25% growth.
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American Student Assistance
⏲ 2 minutes 👁 93K
Writing, Reading, Speech Assistance - COD
⏲ 6 minutes 18 seconds 👁 39.3K
Mike Tyson is set to come out of retirement for an 8-round exhibition boxing match against Jake Paul at AT&T Stadium in Arlington, Texas, on July 20th, which will be streamed live on Netflix. Promoters have seen over 121,000 fans sign up for presale ticket access and expect it to be the most bet on the boxing match of 2024. Tickets go on sale publicly next week, with floor seats starting at over $350 and ringside over $8,000, according to secondary markets. Promoters offer a unique $2 million VIP package for two ringside seats, locker room photos, and a luxury hotel stay. Financial terms with Netflix were not disclosed but Tyson and Paul are expected to earn eight figures each.
⏲ 0:54 👁 12.5M
College Admissions
⏲ 2 minutes 5 seconds 👁 5.7K
Ed Zamora College Prep Channel
⏲ 12 minutes 45 seconds 👁 5.5K
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