|
Long Island Rail Road Strike Shuts Down Busiest U.S. Passenger Rail Service The New York TimesLIRR strike shuts largest railroad in nation as unions, MTA fail to reach deal | Live updates ABC7 New YorkLong Island Rail Road, America's largest commuter railroad, is on strike CNNOfficials outline contingency plans ahead of midnight LIRR strike deadline Spectrum News NY1
|
|
Spurs 139-109 Timberwolves (May 15, 2026) Game Recap ESPNSpurs oust Wolves in Game 6 blowout, get OKC in conference finals ESPNSpurs blow out Wolves to advance to Western Conference Finals Yahoo SportsSpurs rout Timberwolves to clinch series: Live updates and reaction from 2026 NBA Playoffs Game 6 - The Athletic The New York Times
|
|
Supreme Court blocks effort to revive Va. voting map that bolsters Democrats The Washington PostSupreme Court Rejects Virginia Democrats' Effort to Reinstate New Voting Map The New York TimesUS Supreme Court tosses longshot appeal from Virginians to use new congressional map that would benefit Democrats CNNSupreme Court kills Virginia redistricting push Axios
|
|
Recap: Spurs advance to WCF, Pistons force Game 7 NBASpurs oust Wolves in Game 6 blowout, get OKC in conference finals ESPNNBA play-offs: San Antonio Spurs beat Minnesota Timberwolves to reach Western Conference finals BBCLive from Game 6: Timberwolves' season ends with a thud in 30-point loss to hot-shooting Spurs Star Tribune
|
|
Colorado governor commutes Trump ally Tina Peters' prison sentence for voting machine tampering CBS NewsColorado's Democratic governor will let Trump ally Tina Peters out of prison early NPR2020 election denier Tina Peters granted clemency by Democratic governor The Washington PostColorado Gov. Polis commutes ex-election clerk Tina Peters' sentence after Trump pressure
|
|
Trump talks up trade deals with China, but experts see no big wins for U.S. CBS NewsWhat Trump Gained, and Didn't, From China The New York TimesTrump in China: US president concludes 'very successful' talks with Xi in Beijing BBCChip Stocks Slide After U.S.-China Summit Ends Without Major Tech Deals WSJTrump news at a glance: president's China trip was heavy on hype, li
|
RELATED ARTICLES | | |
|
Iraqi National Arrested and Charged with Providing Material Support to Iranian-Backed Terrorist Organizations and Directing Attacks Targeting U.S. Citizens and Interests Department of Justice (.gov)Kataib Hezbollah Commander Accused of Planning Attacks on N.Y.C. The New York TimesIraqi accused of multiple terror attacks in US and Europe arrested and charged The GuardianTerrorist commander accused of planning attacks across U.S., authorities say NBC News
|
|
Agentic AI is moving real estate beyond isolated tools toward full workflow transformation—unlocking new value, redefining roles, and reshaping how organizations operate.
|
|
Global bonds battered as flaring inflation spooks investors Yahoo FinanceThe 30-year Treasury yield just broke to its highest level in almost 20 years Yahoo FinanceGlobal Bond Markets Plummet Over War Shock Bloomberg.com30-year Treasury yield tops 5.1%, highest in nearly a year CNBC
|
RELATED ARTICLES | | |
|
Supreme Court Rejects Virginia Democrats' Effort to Reinstate New Voting Map The New York TimesSupreme Court is death knell for Virginia's Democratic-friendly congressional maps NPRUS Supreme Court tosses longshot appeal from Virginians to use new congressional map that would benefit Democrats CNNVa. governor concerned redistricting battle could make voters reluctant to cast ballot this fall WTOP
|
|
California Governor Gavin Newsom is proposing a new tax on cloud-based software sales, turning to the technology sector for billions of dollars in new revenue as the state's budget is being lifted by the artificial-intelligence boom.
|
|
Fed names Powell as chair pro tempore until Warsh is sworn in YahooTakeaways from Fed Chair Jerome Powell's tenure as he steps down ABC News - Breaking News, Latest News and VideosPowell, the most battle-tested Fed chair, finishes his term CNNHow Jerome Powell navigated pandemic, inflation and Trump AxiosBoard Names Jerome Powell Temporary Fed Chair. Two G
|
|
Gina Carano reveals she lost 100 pounds for Ronda Rousey fight after being canceled New York PostRonda Rousey vs. Gina Carano preview: 5 big questions ahead of Netflix's colossal MMA debut Yahoo SportsRanking the MVP MMA main card fights 1 to 5 by entertainment potential ESPNRousey vs Carano: Ronda Rousey says Gina Carano fight will 'smash' pay record for women in combat sports BBC
|
|
Trump Fed nominees oppose terms of keeping Jay Powell as temporary chair Financial TimesTakeaways from Fed Chair Jerome Powell's tenure as he steps down ABC News - Breaking News, Latest News and VideosPowell, the most battle-tested Fed chair, finishes his term CNNHow Jerome Powell navigated pandemic, inflation and Trump AxiosBoard Names Jerome Powell Temp
|
|
Berkshire Boosted Stake in Alphabet in First Quarter, Bought Delta Air, Sold Visa, Mastercard Barron'sBerkshire Hathaway returns to airlines with $2.6 billion stake in Delta Air Lines CNBCBerkshire triples Alphabet stake and buys Delta stock while dumping Amazon in Greg Abel's first quarter as CEO FortuneBerkshire's Abel sours on some of Warr
|
|
Dow loses more than 500 points Friday as tech slumps and yields spike: Live updates CNBCStock Market Today: Dow Falls 400 Points Lower on Oil Price Fears — Live Updates WSJThe Global Bond Rout Catches Up With Wall Street's Risk Rally Bloomberg.comStock market today: Dow, S&P 500, Nasdaq sink as yields jump amid inflation jitters Yahoo Finance
|
|
Gina Carano Details Extent of Weight Loss for Ronda Rousey Fight in 'Vulnerable' Social Media Post Bleacher ReportRonda Rousey vs. Gina Carano preview: 5 big questions ahead of Netflix's colossal MMA debut Yahoo SportsRousey vs Carano: Ronda Rousey says Gina Carano fight will 'smash' pay record for women in combat sports BBCRonda Rousey vs. Gina Carano odds, prediction, time: Netflix MMA picks for May 16 fight card by top expert CBS Sports
|
|
Army leaders in hot seat over Poland deployment cancellation Military TimesPentagon officials stunned by Hegseth decision on troops in Poland PoliticoGOP lawmakers fume over pulled troop rotation in Poland: A ‘slap in the face' The HillTrump is cutting the numbers of US troops in Europe. Here's how CNN
|
|
Entrepreneurs talk too much about growth and not enough about maintenance.
|
|
New York doctor who survived Ebola says he fears for healthcare workers treating the virus CBS NewsA new Ebola outbreak is confirmed in a remote Congo province, with 65 deaths recorded CNNAfrican public health agency announces new Ebola outbreak in Congo, 65 suspected deaths ReutersAfrica CDC Calls Urgent Regional Coordination Meeting Following Ebola
|
|
As Powell Steps Down, the Fed Confronts ‘Regime Change' The New York TimesTakeaways from Fed Chair Jerome Powell's tenure as he steps down ABC News - Breaking News, Latest News and VideosJerome Powell ends term as Federal Reserve chief clouded by Trump tumult The HillPowell's tenure as Fed chair marked by fight for independence while trying to tame inflation
|
|
Trump waffles on Taiwan arms deal after Xi talks AxiosLive updates: Trump-Xi summit ends on cordial note but no breakthroughs announced yet CNNTrump told Xi ‘I don't talk about' whether U.S. would defend Taiwan from China CNBCTrump Discussed U.S. Arms Sales With Xi ‘In Great Detail' The New York TimesTaiwan casts long shadow over Trump's summit with Xi South China Morning Post
|
|
Israel carries out strike targeting most senior Hamas military leader in Gaza CNNIsraeli official after targeting of Haddad: He was undermining Trump's Gaza plan The Times of IsraelIsrael targets Hamas militant chief in Gaza, medics say three killed ReutersLive Updates: Latest from Israel, Iran, and Middle East The Jerusalem Post
|
|
He directed nearly 1,000 comedic commercials, including a much-quoted spot for Wendy's and one for FedEx featuring a manic speed talker.
|
|
The deal, which Beijing has not commented on, would be a major win for Boeing, which has lost ground to Airbus in one of the world's largest aviation markets.
|
|
Global Bond Selloff Worsens as Rising Oil Prices Spook Investors Bloomberg.com30-year Treasury yield tops 5.1%, highest in nearly a year CNBCDemand for longer-term U.S. debt gets weaker as one shock after another stokes fear that high inflation is here to stay FortuneThe 30-year Treasury yield just broke to its highest level in almost 20 years
|
|
Airlines have raised fares, cut routes and hiked bag fees in response to increasing jet-fuel prices.
|
RELATED ARTICLES | | |
|
Many in the investment community were reassured by Abel's firm grasp over Berkshire's sprawling enterprise.
|
|
It's no surprise that many people who inherit millions of dollars are uncertain about what to do with their newfound wealth. The possibilities of becoming a multimillionaire overnight can be overwhelming, especially during a period when most are grieving the loss of a parent or other loved one.
SEE MORE How Much of Your Estate Will Be Lost to Taxes?
I often work with people in many different age groups who have suddenly become wealthy as the result of a windfall inheritance. While there is a need to develop a comprehensive financial plan, it's not the first step. Instead, I try to determine each person's starting point with money. Many people fall into one of three categories:
They are anticipating how they will handle their wealth, but the money hasn't yet arrived.They have their inheritance — often several million dollars — but they are still grieving the loss of a loved one and are looking for guidance on next steps.
The inheritance has been in their bank account for a long period, but they still lack direction and can't make any decisions.
It is important to listen to each person's personal story with a windfall of money. Losing an important person in your life is difficult, and reflecting on the impact that person made is just as important. Many people express a desire to do something to honor a parent's wishes.
Figuring out how to make the best use of an inheritance
Here is how I generally approach these conversations to help a person make the best use of their inheritance:
Define their relat
|
|
Stocks stabilized Wednesday after Tuesday's hotter-than-expected inflation data sparked Wall Street's worst selloff in over two years.
Inflation remained in focus today with the early morning release of the producer price index (PPI) for August. Similar to yesterday's consumer price index (CPI), the PPI - which measures what suppliers are charging for goods and services - rose at a slower annual clip in August than it did in July. However, on a month-over-month basis, both PPI and core PPI, which excludes energy and food prices, were up from July's figures.
SEE MORE 12 REITs Flaunting Fast-Growing Dividends
"There is a divergence in headline and core inflation building, where headline is cooling and core is heating up," says Jamie Cox, managing partner at Harris Financial Group. "That's an odd phenomenon and likely influenced by the shift from goods to services post-pandemic. The Fed should proceed with caution and not hit the emergency brake on rate hikes."
While yesterday's selling was broad-based, today's action was more mixed. In terms of sector performance, real estate (-1.2%) and materials (-1.2%) were the biggest laggards, while energy ( 2.8%) outperformed as U.S. crude futures rose 1.3% to settle at $88.48 per barrel.
Sign up for Kiplinger's FREE Investing Weekly e-letter for stock, ETF and mutual fund recommendations, and other investing advice.
As for the major indexes, the Nasdaq Composite ended up 0.7% at 11,719, while the S&P 500 Index ( 0.3% at 3,946) and the Dow Jones Industrial Average ( 0.1% at 31,135) also finished with mode
|
|
