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House votes to block Trump from ordering more strikes on Iran The Washington PostHouse Passes Iran War Powers Resolution in Bipartisan Rebuke to Trump The New York TimesIran war: US House votes to limit Trump's war powers DW.comIran vote caps Trump's congressional losing streak PoliticoIran war powers rebuke shows how Trump is increasingly boxed in CNN
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Swiss group faces increasing strains as redemption requests from investors rise
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Jalen Brunson takes over as Knicks surge past Spurs in Game 1 of NBA Finals The New York TimesNew York Knicks vs San Antonio Spurs Jun 3, 2026 Game Summary NBA.comNBA Finals: Blowout? Tight game? Late deficit? Whatever the situation, these Knicks are proving tough to beat Yahoo SportsBrunson keys late surge as Knicks steal Game 1 in San Antonio ESPNAll the Fam
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The administration is laying the groundwork for chatbots that can diagnose illness and prescribe medicine, but physicians say AI can introduce more problems.
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US House passes Iran war powers resolution in rare pushback against Trump Al JazeeraHouse votes to limit Trump's Iran war powers in remarkable rebuke CNNThese Republicans Broke With Trump on the War in Iran The New York TimesRepublican-Led House Votes to Stop Iran War, Rebuking Trump Bloomberg.com
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Analysts say near-decade-low shipments are a big factor in crude still trading at less than $100 a barrel
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Elon Musk's SpaceX eyes $1.77tn valuation ahead of historic IPO Al JazeeraSpaceX sets the stage for a record $75 billion IPO CNNSpaceX's IPO set to be biggest ever and could make Elon Musk a trillionaire Indianapolis Business JournalSpaceX reveals its share price and record valuation: 555.6 million shares at $135 apiece, at a $1.77 trillion valuation Fortune
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Senate advances funding bill after Republicans cut $1bn for White House ballroom BBCTrump Live Updates: House Passes Iran War Powers Measure, a Rebuke of President The New York TimesSenate Republicans drop Trump ballroom funding from immigration bill CNNSenate advances reconciliation bill, dropping White House ballroom funds ahead of final push CBS NewsSenate Republicans start debate on ICE funding package NPR
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Flesh-eating New World screwworm found in Texas calf, USDA says CBS NewsFlesh-eating screwworm confirmed in Texas calf as parasite crosses border from Mexico ReutersFlesh-Eating Pest Confirmed in U.S. Cattle The New York TimesCurrent Status aphis.usda.govParasitic screwworm fly may have been detected in Texas, but Ne
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Live Updates: Israel, Lebanon agree to renew ceasefire as Iran launches deadly attack on Kuwait airport CBS NewsUS ally Kuwait condemns 'brutal and ongoing Iranian attacks' after airport was hit Fox NewsIran War Live Updates: Kuwait Says One Killed and Dozens Injured in Iranian Attack on Airport The New York TimesIranian attack on Kuwait airport kills one and injures dozens - as it happened Reuters
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Earnings are the principal driver behind the breathtaking rallies achieved by Korean and Taiwanese benchmark indices in 2026, and Goldman Sachs thinks the market is still underestimating the longevity of the chip cycle.
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Stock Market News, June 3, 2026: Dow Falls More Than 600 Points Amid Mideast Clashes WSJWall Street ends lower as Middle East tensions escalate ReutersStock market today: Dow, S&P 500, Nasdaq futures slip as Iran war threatens to drag on Yahoo FinanceOil settles at highest price in over a week. ‘Oil tanks are getting emptier each week Hormuz stays closed.' MarketWatch
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Like Palo Alto Networks before it, CrowdStrike beats financial expectations but sees its stock get punished
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SpaceX Targets IPO Price of $135, Raising $75 Billion Barron'sSpaceX sets $135 price for blockbuster IPO, upending Wall Street convention Yahoo FinanceSpaceX says its worth $1.75tn as it nears stock market debut BBCSpaceX's Capital Needs Are Out of This World Bloomberg.comSpaceX sets the stage for a record $75 billion IPO CNN
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Israel and Lebanon agree to renew ceasefire as Trump seeks to overcome barriers to Iran deal The GuardianLive updates: Israel and Lebanon agree to implement ceasefire as US-Iran talks remain in flux CNNIsrael and Lebanon renew ceasefire on condition Hezbollah holds its fire France 24Israel and Lebanon Agree to Renew Cease-Fire The New York Times
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Ohio State reaches $100 million settlement with hundreds of victims of school doctor accused of sexual abuse CBS NewsOhio St. OKs $100M settlement with ex-students claiming abuse by doc ESPNOhio State reaches $100 million settlement with nearly 300 sex abuse survivors CNNYears-long lawsuit ends as Ohio
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Trump Admin Plans New Tariffs on Dozens of Trading Partners Yahoo FinanceTrump is quietly rebuilding his tariff engine CNNU.S. proposes fresh tariffs on 60 economies over forced labor trade practices CNBCUS announces new tariffs over forced labour concerns BBCTrump threatens tariffs on 60 trading partners including
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The powerful stock-market rally took a breather on Wednesday after a solid stretch of gains. As of the closing bell, the S&P 500 had wiped out its advance from earlier in the week, placing a lengthy weekly winning streak in jeopardy.
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U.S. says it plans extra tariffs of 10% or more for most trading partners after forced labor probe PBSTrump to impose tariffs on dozens of nations, citing claims of forced labor The Washington PostPM says Australia has 'ideological disagreement' with US after it reveals anti-slavery tariff Australian Broadcasting Corporation
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The new Fed chair has made his first hires. One wrote the Fed chapter in the conservative policy blueprint "Project 2025."
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Tony Dokoupil Honors Scott Pelley After '60 Minutes' Firing: ‘A Journalist Who Valued Truth at All Costs' VarietyCBS News Fires Scott Pelley of ‘60 Minutes' The New York TimesThe big unanswered questions about ‘60 Minutes' after Scott Pelley's firing CNNBari Weiss says fired ‘60 Minutes' correspondent Scott Pelley violated ‘trust and mutual respect' The Washington Post
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Rocket and AI group is seeking to raise up to $86bn in biggest Wall Street debut of all time
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A new analysis found that nearly half of America's tech unicorns haven't raised money in years, something many are attributing to the AI boom.
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Broadcom Stock Slides Despite AI-Fueled Beat-And-Raise Report Investor's Business DailyBroadcom stock slips on disappointing software revenue CNBCBroadcom's stock falls despite accelerating AI-chip growth MarketWatchBroadcom's second-quarter revenue misses estimates as competition bites Reuters
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Broadcom Inc. Announces Second Quarter Fiscal Year 2026 Financial Results and Quarterly Dividend BroadcomBroadcom stock slip on revenue miss CNBCBroadcom stock hovers at all-time highs ahead of earnings Yahoo FinanceBroadcom Stock Faces Earnings Test as AI Chip Revenue Surges Barron's
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Bari Weiss says fired ‘60 Minutes' correspondent Scott Pelley violated ‘trust and mutual respect' The Washington PostBari Weiss Speaks on Scott Pelley's Firing: ‘That's the Path That He Chose' The New York TimesCBS News Gutted '60 Minutes' On-Air Team. Can This Show Really Go On? VarietyRead the letter firing Scott Pelley from ‘60 Minutes' — and his response The Washington PostBari Weiss Chooses War
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Guilty verdict for famed short seller raises questions on line between public commentary and illegal trading
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Quantinuum is pursuing a traditional IPO, whereas many other quantum players have gone the SPAC route.
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After Scott Pelley's Firing, CBS News Staff Anxious About What's Next Under Bari Weiss' Rule DeadlineCBS News Fires Scott Pelley of ‘60 Minutes' The New York TimesBari Weiss: Scott Pelley fired from '60 Minutes' for breaking ‘foundation' of trust The HillThe big unanswered questions about ‘60 Minutes' after Scott Pelley's firing CNN
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Justin Mares, CEO and co-founder of Truemed, explains the marketplace that lets consumers use HSAs to pay for preventive health products ranging from Peloton and 24 Hour Fitness.
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Plenty of retirees like to give back to their communities through charitable donations, but questions often arise over the best way to do that.
What approach is efficient, provides the tax benefits you're after, and also is advantageous for the charity that's on the receiving end?
SEE MORE Ever Dream of Having a Building Named After Yourself?
One possibility is a qualified charitable distribution (QCD), a tax-savvy way to reduce your taxable income and maximize your donations whether you itemize deductions on your tax return or not. An added bonus is that the benefits can be large for both the donor and the charity.
Here's How QCDs Work
A QCD is a distribution from an IRA that is paid directly from that retirement account to a qualified charity. QCDs lower your adjusted gross income (AGI) and therefore lower your tax bill. They can also offset required minimum distributions (RMDs), those withdrawals you must take from your IRA each year once you reach age 72. An RMD adds to your income, raising the amount of taxes you pay, but a QCD is excluded from your income. So, for example, if you withdrew $50,000 from your IRA as an RMD, you would pay taxes on that money. But if that same $50,000 was used as a QCD instead, you avoid the taxes while helping a charity at the same time.
SEE MORE Every Dollar Counts: How to Evaluate a Nonprofit
Taxpayers can benefit from QCDs even when they take the standard deduction and do not itemize their deductions. Meanwhile, even though a QCD doesn't count as an itemized deduction, tax
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The Federal Reserve served up a widely expected third consecutive jumbo rate hike when it concluded its regularly scheduled two-day meeting on Wednesday. Chair Jerome Powell and the rest of the Federal Open Market Committee (FOMC) raised the federal funds rate by 75 basis points. (A basis point equals 0.01%.)
SEE MORE 16 Dividend Kings for Decades of Dividend Growth
Although the move matched consensus expectations, a significant portion of the bond market - and plenty of traders and tacticians, for that matter - were bracing for a whopping 100 bp rate hike. Uncertainty over just how hawkish the Fed would reveal itself to be has cast a pall on equities over the preceding weeks, and so a rate hike of "only" three-quarters of a percentage point was actually met with some relief. Stocks sold off sharply when the Fed released its statement at 2 p.m. Eastern, but then drifted back into positive territory during Powell's press conference, which began a half-hour later.
Ultimately, however, the major indexes finished in the red. That's because the Fed's bottom line is that inflation is by no means under control. And while there might be ample anecdotal and emotional evidence pointing to the contrary, the economy is simply running too hot. An imbalance in supply and demand in the labor market and related strong real wage growth, snarled supply chains and a rising dollar are just some of the factors confounding monetary policymakers - not to mention corporate revenues and profit margins.
As we've
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President Trump, citing progress in U.S.-China trade talks, said he is looking at extending a deadline to raise tariffs and hoping to meet next month with Chinese leader Xi Jinping to complete a broad trade agreement.
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