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S&P 500 futures fall after index snaps 9-day win streak amid rising Middle East tensions: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq futures slip as Iran war threatens to drag on Yahoo FinanceWall Street ends lower as Middle East tensions escalate ReutersDow Jones Futures Fall, Oil Prices Rise As Trump Sets New Hormuz Target Date; Palo Alto, Marvell Are Early Movers Investor
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Jalen Brunson scores 30 and Knicks finish on 11-0 run, steal Game 1 from Spurs with 105-95 win AP NewsBrunson keys late surge as Knicks steal Game 1 in San Antonio ESPNJalen Brunson takes over as Knicks surge past Spurs in Game 1 of NBA Finals The New York TimesWhere to Watch Knicks vs. Spurs in 2026 NBA Finals Live Online The Hollywood ReporterKristian Winfield: The Knicks
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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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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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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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Jennifer Aniston Shares Rare Comments About Ex-Husband Brad Pitt's ‘Friends' Cameo Just JaredJennifer Aniston Shares Rare Comments About Ex Brad Pitt YahooJennifer Aniston Makes Rare Comment About Ex-Husband Brad Pitt instyle.comJennifer Aniston reminisces about ex-husband Brad Pitt's ‘Friends' cameo Page SixJennifer Anis
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Dow closes 600 points lower as rising Treasury yields and oil prices pressure stocks: Live updates CNBCStock Market Today: Dow Opens Lower, Oil Ticks Higher After Mideast Fighting, Stock Futures Mixed — Live Updates WSJStock market today: Dow ends 619 points lower, Nasdaq drops and S&P 500 snaps 9-day win streak as tech wobbles, oil climbs to highest level in more than a week MarketWatchStock Market Today: Dow Drops 620 Points After Iran War Jitters; Broadcom Hits Highs Investor's Business Daily
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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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Man's best friend may become cancer's worst enemy.
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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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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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