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Pentagon reports more than 600 Iran war casualties in quiet database update The GuardianIran war casualty count eclipses 600 as Pentagon quietly changes accounting CNNPentagon's official Iran war death toll no longer lists 4 troops killed during renewed fighting AP NewsPentagon Changes How It Reports Casualties in Iran War The New York TimesTrump Can't Just Pretend Iran War Casualties Don't Count Reason Magazine
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A forced-labor crackdown or an end-run around Congress? Dissecting Trump's new tariffs AP NewsTrump sued hours after new tariffs take effect, as experts say they may not hold up CNBCTrump's appetite for tariffs never faded. His next moves could reshape trade CNNWhat Trump's Latest Tariffs Mean for the American Economy WSJ
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Pentagon's official Iran war death toll no longer lists 4 troops killed during renewed fighting AP NewsIran war casualty count eclipses 600 as Pentagon quietly changes accounting CNNPentagon reports more than 600 Iran war casualties in quiet database update The GuardianMilitary Families Express Outrage After Pentagon Lowers Number of U.S. Troop Deaths in Iran War The New York Times
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Wildfires threaten Bordeaux as France and Spain battle blazes ReutersLive updates: Battle against France and Spain wildfires is in a critical window as hotter weather looms CNNFires in Europe: latest developments YahooFrench firefighters face 'pyrocumulonimbus' for first time France 24
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21-year-old Jackson Koivun fends off Scottie Scheffler to earn first career PGA Tour win at 3M Open Yahoo SportsKoivun wins 3M Open in third pro start, holding off Scheffler ESPNYoung gun Jackson Koivun poised for Sunday showdown vs. Scottie Scheffler at 3M Open PGA Tour3M Open 2026: Final round tee times and how to watch Golf Channel
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Summer charters in the Med are down 20% to 30% from last year, yacht brokers say, with a growing number offering special discounts for July and August.
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Anyone newly retired or nearly so must feel like they have the worst timing in the world. A portfolio tends to be largest near retirement, just before those savings are about to be drawn down. These days, however, most portfolios have lost value; the S&P 500 is down about 20% so far this year.
The financial industry has a name for this scenario: sequence of return risk. "It matters most at retirement when you're selling assets for income," says Wade Pfau, a professor of retirement income at The American College of Financial Services in King of Prussia, Pa. "You need to sell a larger number of shares to get the same amount of money. Those shares are then gone so even if the market bounces back, your portfolio won't recover as much."
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The newly retired are particularly vulnerable because they're "relying on this pot of money to finance the next 20 to 30 years of their life," says Amit Sinha, head of multi-asset design at Voya Investment Management in New York City.
Sequence of return risk is less of a concern for someone further along in retirement because retirees typically shift to safer, more conservative investments and have fewer years to pay for. Plus, these investors may have benefited from portfolios boosted by strong returns early in retirement.
Similarly, if retirement is a decade or more away, what happens to markets today is mostly irrelevant. "You just allow the compounding to work for you and recover over those years," says Sinha.
Someone retiring now, of course, doesn't have that luxury. If this describes you, there are several things you can do to minimize the damage, but first, assess what it's likely to mean for your portfolio long term.
Depending on how you react now, t
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Free trading apps, a bull market and Covid-19 lockdowns fueled a surge in mom-and-pop trading; investors in container-shipping companies had an unexpectedly good year, and the great outdoors has become one of the few viable vacation options.
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