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Black Friday kicks off as inflation-burned shoppers scour for deals The Washington PostBlack Friday arrives with solid momentum despite tariffs and economic uncertainty AP NewsLive: Black Friday, the day-after Thanksgiving ritual for many, still a draw Star TribuneBlack Friday Will Test an Anxious US Consumer's Willingness to Spend Bloomberg.com
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Certain AI plays bucked the tech sector's selloff as the market got more discerning.
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National guard soldier Sarah Beckstrom has died after Washington DC shooting - Trump The GuardianWhat we know about the 2 National Guard members shot near White House ABC NewsThe National Guard shooting suspect was in one of the CIA's ‘Zero Units' The Washington PostFor Shooting Suspect, a Long Path of Conflict From Afghanistan to America The New York Times
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Go ahead and have that second slice of pie. Guilt around food is way worse for you than a couple of days of holiday overeating.
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Tech Outage Halts Trading in U.S. Stock Futures, Other Key Markets The Wall Street JournalView Full Coverage on Google News
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Retail expert Katie Thomas scours her local shopping mall in Pittsburgh to divine what Americans' shopping habits reveal about the economy and the nation's future.
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Trump orders review of all green card holders from countries "of concern" after D.C. attack AxiosTrump says US will 'permanently pause migration' from 'third world countries' BBCTrump to ‘permanently pause' migration from ‘all third world countries' after DC shooting The IndependentTrump suspends immigration from ‘Third World', orders review of green cards Al Jazeera
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US retailers are about to see if Black Friday benefits from a holiday halo effect AP NewsView Full Coverage on Google News
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Fault at data centre halts futures trading in equities, bonds and commodities
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Plus, enhancements for TaxWiseOnline; EY announces EY.ai Tax Labs service; Vertex launches Configuration Agent for MS Dynamics 365; and other accounting tech news and updates.
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Mid-market investor Unigestion Private Equity has hit a €1.7bn hard cap final close for its sixth flagship secondaries fund.
The post Unigestion scores big fund size increase with latest secondaries fund through €1.7bn hard cap close appeared first on AltAssets Private Equity News.
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Walmart's Black Friday laptop deals are wild this year — our TOP picks Windows CentralMy Favorite Laptops, Chromebooks, and Gaming Laptops Are on Sale For Black Friday WIREDBlack Friday Laptop Deals: Save up to 50% on Apple, Dell and More NBC NewsI've been a PC gamer for over 30 years and finally found Black Friday gaming laptop deals I'd recommend to family and friends TechRadar
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Exchange operator CME Group said trading in U.S. equity futures should be restarting soon after a glitch knocked it out for several hours.
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Sweden promises action against illegal sex doll sales AP NewsView Full Coverage on Google News
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There's a major shift in consumer behavior as prices rise and promotions shrink.
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The ‘midterm curse' means its likely the ruling party will fare badly
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Push to widen access comes with high fees, average returns and ‘ample dollops of additional risk', says Olympus Partners founder
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Nordic private equity house Axcel has closed its first dedicated lower-mid-market fundraise on its €459m hard cap.
The post Axcel speeds to ‘efficient' €459m hard cap close for first lower-mid-market vehicle appeared first on AltAssets Private Equity News.
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Rescuers step up recovery operations as Southeast Asia flood deaths reach 321 ReutersScores killed as floods sweep several Asian nations BBCDeath toll from floods and landslides on Indonesia's Sumatra rises to 164 Toronto StarFlash flooding in Sumatra kills 69 as rescue crews search rivers for survivors The Guardian
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What Do You Know About Black Friday? The New York Times'To sustain the ride, they started to dilute it': How Black Friday became a retail letdown CNBCOpinion | Black Friday is dead. Long live capitalism. The Washington PostThe Real History of Black Friday KATUDid you know the name ‘Black Friday' originated
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Bengals Postgame Quick Hits | Joe Burrow Returns In A Win: 'There's No Better Feeling Than That' Bengals.comBengals-Ravens takeaways: Joe Burrow shines in return, Cincinnati defense dominates in win - The Athletic The New York TimesBaltimore Ravens Week 13 Hangover Thread Yahoo SportsRavens QB Lamar Jackson on his three turnovers in loss to Bengals: 'I've just got to be consistent' NFL.com
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Death Toll Rises to 128 in Hong Kong High-Rise Fire The New York TimesHong Kong apartment block fire death toll jumps to 128, officials warn could rise further CNNHong Kong's deadliest fire in decades followed a year of safety complaints ReutersBamboo scaffolding helped build Hong Kong's skyline, but a deadly fire may hasten its end AP News
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Joe Burrow delivers major blow to Ravens' playoff hopes with win in his Bengals injury return New York Post'Proud to be back': QB Burrow has 2 TDs in win ESPNClifton Brown's Five Thoughts on the Ravens' Rough Thanksgiving Ravens Home | Baltimore Ravens - baltimoreravens.comBengals-Ravens takeaways: Joe Burrow shines in return, Cincinnati defense dominates in win - The Athletic The New York Times
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Russia's only way to send astronauts to space has suffered some serious blast damage Business InsiderSoyuz MS-28: Launch pad damaged as Russian rocket blasts off for space station, agency says CNNNASA Astronaut Chris Williams, Crewmates Arrive at Space Station NASA (.gov)Baikonur launch pad damaged after Russian Soyuz launch to International Space Station ReutersSoyuz transports new crew to ISS SpaceNews
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Israeli Forces Kill Two Palestinians After They Appear to Surrender, Video Shows The New York TimesVideo shows Israeli forces shooting Palestinians dead moments after surrender The GuardianIsraeli soldiers appear to kill Palestinian men in West Bank after they surrender PoliticoIsraeli ?military kills two men after they appeared to surrender during operation in West Bank CNN
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Catching up, refocusing and getting things done without interruption make the post-turkey workday great.
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Video shows aftermath of deadly Israeli army raid inside Syria BBCLIVE: Israel bombs Syria, Gaza after extrajudicial killings in West Bank Al JazeeraIsraeli raid in southern Syria leaves 13 dead, Syrian state media report ReutersSyrians Say 20 Killed by Israel After Clash With IDF Left Six Soldiers Wounded Haaretz
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Game Recap: Ravens' Blunders Spoil Thanksgiving Game vs. Bengals Ravens Home | Baltimore Ravens - baltimoreravens.comCincinnati Bengals vs. Baltimore Ravens: How to watch the Thanksgiving Day NFL game today, kickoff time, TV channel and more Yahoo SportsBengals Defeat Ravens 32-14 | POSTGAME RECAP, NOTES & QUOTES Bengals.comRavens commit 5 turnovers in ugly loss to Joe Burrow, Bengals CBS News
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European deeptech investor Jolt Capital has hit a €600m first close for its fifth flagship fund, putting it more than half way to its €1bn target.
The post Jolt Capital over halfway to Fund V target thanks to €600m first close appeared first on AltAssets Private Equity News.
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Tech CEOs Can't Stop Talking About Data Centers in Space Business InsiderExclusive: China pioneers in AI satellite deployment in space: program leader Global TimesEconomic feasibility of orbital computing: new horizons for SpaceX UA.NEWSHow Solar Energy will Power Data Centres in Space Energy Digital MagazineBeijing Institute to Build China's First Space Computing Center 800 km Above Earth Yicai Global
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Prime Minister Bart De Wever sets out conditions that would resolve his objections to a proposed €140bn EU loan to Kyiv
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Experts say that keeping holiday posts festive but not focused on sales is an effective strategy.
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Kester, a sector-focused private equity firm, has completed the first and final close of its fourth fund, Kester Capital Fund IV, at its hard cap of £425m. The four-month fundraise was materially oversubscribed, resulting in a single close driven by strong demand from both existing and new institutional investors. Fund IV marks a significant increase […]
The post Kester concludes first and final close of Fund IV at £425m hard cap appeared first on AltAssets Private Equity News.
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Also in this newsletter: UNHCR sources additional EU funding for Sudan crisis
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Turkeys make up approximately 2% of the entire U.S. poultry inventory, but account for 24% of new cases in commercial and backyard flocks.
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Total dollar delinquencies are the highest since April 2020 but remain well below the five-year average leading up to the pandemic.
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During the holidays, it's important to continue compliance with wage and hour laws. Here are common areas where violations may occur.
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 Across the 50 largest metros, an average of 29s% of homeowners and renters moved into their current place since in 2019.
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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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Wednesday's selling carried into Thursday as investors continued to take a risk-off approach to markets following the Federal Reserve's latest policy announcement.
The central bank issued its third jumbo-sized rate increase yesterday and set expectations that it will continue to hike rates over its next few meetings. However, the Fed is not alone in its aggressive stance. Several global central banks have increased their benchmark rates this week in an ongoing effort to tame inflation, including the Bank of England and Switzerland's National Bank, which earlier today issued 50 basis point and 75 basis point rate hikes, respectively. (A basis point is one one-hundredth of a percentage point.)
SEE MORE 10 Best Marijuana Stocks to Buy Now
"Global equities are struggling as the world anticipates surging rates will trigger a much sooner and possibly severe global recession," says Edward Moya, senior market strategist at currency data provider OANDA. "Most of these rate hikes around the world are not done yet which means the race to restrictive territory won't be over until closer to the end of the year."
The reaction here at home was a selloff in bond prices, which sent yields on government notes spiking. The 10-year Treasury yield surged 19.2 basis points to 3.704% - its highest level since early 2011 - while the 2-year Treasury yield spiked 12.1 basis points to 4.116%, its loftiest perch since late 2007.
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Links mentioned in this episode:
You Can Appeal a Medicare Premium SurchargeBonus Tax Refunds Will Be Sent Soon - Will You Get a Check from the IRS?
Watch Out! RMDs Can Trigger Massive Medicare Means Testing Surcharges
Is Your Retirement Portfolio a Tax Bomb?
Transcript:
David Muhlbaum: You've been told by plenty of people, us included, that saving for retirement is important. You've probably also heard that step one is putting aside salary in a 401(k) plan, if one is available to you, or some other retirement vehicle. But there's a catch. Saving for your retirement is a good thing, but in short, if you keep deferring the taxes, they'll likely bite you in the end. We'll talk to an expert in defusing what's s
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Private-equity firms borrowed heavily to send cash to owners but boosted company debt levels; food-delivery platforms could lose their appeal for restaurants after the pandemic ends, and a continued effort to lure ad dollars with simulated devices and apps was detected.
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