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House votes to rebuke Trump over war with Iran NBC NewsTrump Live Updates: Senators Seek to Ban $1.8 Billion Fund in Immigration Bill; House Is Set to Hold War Powers Vote The New York TimesBarrett joins Democrats in passing resolution to end Iran war Detroit Free PressIn a first, House votes to block Trump from ordering further strikes on Iran The Washington PostHouse passes Iran war powers resolution in rebuke to Trump
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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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Sam Darnold doesn't have much to say about Rams acquiring Myles Garrett NBC SportsInside the seismic Myles Garrett trade: ‘This is gonna break the NFL' - The Athletic The New York TimesAcquisition of Jared Verse solidifies a new era for the Browns | The Huddle Cleveland BrownsNFL Contender Tiers: Where Do Rams, Eagles, Patriots Land After Blockbuster Deals?
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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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Trump takes the lead for America's 250th birthday and World Cup celebrations AP NewsAmerica's 250th birthday celebration increasingly centers on Trump The Washington PostAmerica250 vs. Freedom 250: what's the difference? WBAL-TVAfter several artists drop out of Freedom 250 concerts, Vanilla Ice says he'd "play for anybody" including Putin and Iran CBS News
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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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EU launches major tech push to break US and China dependence EuronewsEurope unveils tech sovereignty package amid growing concerns over reliance on U.S. tech: 'We want to be sure nobody has a kill switch' CNBCEurope Wants to Be Less Reliant on American Tech. Here's Its Plan. The New York TimesEU aims to ensure foreign governments or firms cannot disrupt tech services with ‘kill switch' The Guardian
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The show's new leader says he fired star Scott Pelley for insubordination. Pelley says he was defending the integrity of the show's journalism after three top executives and two reporters were fired.
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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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Amazon now generates images of fake products in one of the dumbest uses of AI yet [Video] 9to5GoogleAmazon's search bar will invent AI-generated products you can't buy The VergeAmazon's Rolling Out Another AI Feature So You'll Buy Even More Stuff GizmodoAmazon will show AI product images when you search for some reason TechCrunchAmazon's latest visual search update brings Lens Live and Circle to Search feature to your app
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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?
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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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