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Iran war: World economy facing 'major threat,' IEA head says DW.comLive updates: Iran defiant as IEA warns energy crisis worse than 1970s oil shocks and Trump deadline looms CNNIran war energy crisis equal to 70s twin oil shocks and fallout from Ukraine war, says IEA chief The GuardianOver 40 Middle East Energy Assets ‘Severely Damaged,' IEA Says Bloomberg.comIEA
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Air Canada Plane Collides With Vehicle at New York's LaGuardia Airport BloombergPilot, co-pilot killed after plane collides with truck on runway at LaGuardia Airport NBC New YorkNew York's LaGuardia Airport closed after jet collides with firefighting vehicle NPRPlane and ground vehicle collide at New York's LaGuardia airport halting flights BBC
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Uber co-founder Travis Kalanick has confirmed that he has quit California and relocated his personal business interests to Texas.
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Natural gas prices in Texas are negative and producers burn it off while shortages loom elsewhere FortuneView Full Coverage on Google News
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The 60-day moratorium represents the first state move to stanch rising pump prices as the war in Iran continues to throttle Middle East oil supplies.
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At NYC Airports, Long TSA Lines and Frustrated Travelers The New York TimesAirport security lines are long. Here's what to know if you're flying NPRMarch 27 looks like a make-or-break day for American travelers and the partial government shutdown MarketWatchNew Orleans airport sees long lines at TSA again as the government shutdown continues WWLTV.com
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Jewish volunteer ambulances set on fire outside London synagogue in antisemitic attack CNNLondon Jewish Community Ambulance Service Hit by Arson Attack The New York TimesLondon fire services responding to "incident" in Golders Green neighborhood YahooLondon Jewish community ambulances set ablaze in suspected hate crime, police say ReutersMoment arsonists light fire in Jewish ambulance in Golders Green BBC
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The retired Berkshire Hathaway legend says the Giving Pledge is "quite a success," despite Peter Thiel's campaign urging signers to retract their support.
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Attacks on oil and natural gas facilities this week could make it much harder for Persian Gulf countries to rebuild and restart production when the war eventually end.
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Because of greater exposure to disruptions in the Middle East, such as high natural gas prices, businesses and consumers outside the U.S. are being hit harder by the war in Iran.
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Berkshire Hathaway's cost basis for these three stocks is so low that Buffett's company is generating respective yields on cost of 60%, 33%, and 34% each year!
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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
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An unlikely honeymoon between Wall Street and Mexican President-elect Andrés Manuel López Obrador, a leftist nationalist, is over before he even takes office on Dec. 1 as investors express worry over his actions and plans.
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