In Today’s News

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US considering removing tax on capital gains on home sales, Trump says
“If the Fed would lower the rates, we wouldn’t even have to do that,” Trump told reporters in the Oval Office. “But we are thinking about no tax on capital gains on houses.”Profits from the sale of homes, like other assets, are now subject to capital gains taxes, although there are large deductions for sales …. Read More >>

Tesla Crashes While Musk’s New AI Venture Soars [sponsor]
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Tesla’s second-quarter EV registrations in California fell 21%, industry data shows
In the April-June period, the Texas-based automaker recorded 41,138 registrations in the state, down from 52,119 units in the same period of 2024, according to data from the California New Car Dealers Association.Still, the Model Y crossover and the Model 3 sedan were the top two vehicles in the zero-emission …. Read More >>

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Microsoft knew of SharePoint security flaw but failed to effectively patch it, timeline shows
LONDON (Reuters) -A security patch released by Microsoft earlier this month failed to fully fix a critical flaw in the U.S. tech company’s SharePoint server software that had beenÂ identified at a hacking competition in May, opening the door to a sweeping global cyber espionage operation, according to a tim …. Read More >>

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Musk’s xAI to raise up to $12 billion in debt for AI expansion, WSJ reports
Valor Equity Partners, an investment firm whose founder, Antonio Gracias, has close ties to Musk, is in talks with lenders to raise the capital, according to the report.The money would be used to buy a massive supply of advanced Nvidia chips that would be leased to xAI for a new huge data center meant to help …. Read More >>

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Tesla’s second-quarter EV registrations in California fell 21%, industry data shows

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