Author: Amna Faryad

Tax Preparation AI
News

AI tools aiding in tax preparation process

With the tax season around the corner, the possibility of using artificial intelligence (AI) tools for tax preparations is swirling around, despite AI’s limitations in fully understanding complex tax laws. AI tools offer assistance in basic tax filing tasks like automated data entry, identifying potential deductions and analyzing tax trends. They prove particularly useful for …

"Reduced Benefits"
News

Retiree Faces Reduced Benefits Over SSA Misidentification

Everlon Moulton, a retiree dependent on Social Security, is now grappling with reduced benefits due to an unfortunate payment mishap linked to her deceased brother. Despite her innocence, financial responsibility fell on her after her mother’s demise when her brother’s financial matters were wrongly attributed to her.

An administrative slip-up triggered a misidentification, resulting in …

"Insurance Resolution"
News

UnitedHealthcare, Mount Sinai Resolve Insurance Dispute Benefitting New Yorkers

UnitedHealthcare and Mount Sinai have reached a settlement, restoring insurance coverage for several thousand New Yorkers and averting a potential healthcare crisis. The dispute that jeopardized patients’ insurance was resolved this Tuesday, providing a huge relief for those affected.

Before the settlement, Mount Sinai’s hospitals and outpatient facilities were not included in the UnitedHealthcare and …

AI Impact
News

AI Impact on Economy: Navigating Startup Success and Challenges

Artificial intelligence (AI) is set to make a massive impact on the global economy, with projections of adding approximately $13 trillion by 2030. Its implications are huge, from healthcare to manufacturing, AI will revolutionize the way tasks are performed, boosting efficiency, productivity, and innovation. This technology promises to stimulate the boundaries of human imagination, creating …

Bitcoin Resilience
News

Bitcoin surpasses $67,000 Amidst Market Resilience

Bitcoin surged past the $67,000 mark in Monday’s Asian trading hours, rebounding strongly from a dip to $64,500. Analysts note this rise indicates a shift in investor sentiment towards the popular cryptocurrency, also demonstrating the resilience of Bitcoin in a fluctuating market.

Components like ongoing crypto market trends, regulatory decisions, and the broader economic landscape …