The Week (US)

The bottom line

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■ Jeff Bezos will save at least $610 million in taxes on his sale of 50 million Amazon shares last year by moving from Washington to Florida. In 2022, Washington state imposed a new, 7 percent capital gains tax on sales of stocks or bonds of more than $250,000.

CNBC.com

■ OpenAI’s revenues surpassed $2 billion on an annualized basis in December. It joined Google and Meta among a handful of Silicon Valley firms to have posted revenues of $1 billion within a decade of being founded.

Financial Times

■ About 55 million U.S. households still pay for traditiona­l television, down from a peak of about 100 million a decade ago. YouTubeTV, FuboTV, and other streaming services that offer live TV have a combined 18 million subscriber­s.

The Wall Street Journal

■ New York City’s housing crunch is the worst it has been in more than 50 years. The portion of rentals that were vacant and available dropped to 1.4 percent in 2023, down from 4.5 percent in 2021. The median rent on new Manhattan leases in December 2023 was $4,050.

The New York Times

■ U.S. equities with dividend yields above 5 percent have returned roughly 450 percent since the end of 2008, while companies that don’t have returned nearly 1,200 percent. Dividends once made up 80 percent of stock returns. That is now down to 30 percent.

The Wall Street Journal

■ Ransomware gangs collected a record $1.1 billion in cryptocurr­ency from cyberattac­ks in 2023, according to a new report from Chainalysi­s, roughly double their total from the year before.

Axios

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