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Trump wants to run the economy hot, as midterm elections approach The Washington PostTrump accepts ownership of the current economy: 'I'm very proud of it' NBC NewsConsumer spending pushes US economy up 4.4% in third quarter, fastest in two years KLAS 8 News NowTrump Aims to Energize Economy Ahead of Midterm Elections El-Balad.com
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Zelensky says Trump wants Russia-Ukraine peace deal by June, before midterms focus AxiosZelensky says Russia is proposing huge economic deals with U.S. The Washington PostExclusive: US aims for March peace deal in Ukraine, quick elections, sources say ReutersUS wants Russia and Ukraine to end war by June, says Zelensky BBCIn Ukraine talks, Trump deploys a familiar foreign policy tool: a ticking clock NBC News
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Thailand national election 2026: Voters head to the polls in high-stakes election BBCIn Bid to Lead Thailand, a Progressive Party Softens Its Image The New York TimesThai voters head to the polls with three main parties vying to form government The GuardianPolls open in Thailand as reformists, conservatives vie for power Al Jazeera
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Kenneth L. Shropshire, faculty director for Wharton's Coalition for Equity and Opportunity, delves into the world of sports alongside guests Xavier Gutierrez, the NHL's first Latino president and CEO, and Jonathan Beane, the NFL's senior vice president and chief diversity and inclusion officer.
The conversation examines the unique role sports play in providing opportunities for underserved communities, and why women are more likely to foster a positive and inclusive work environment. They also address the diversity challenges in team ownership and highlight the ongoing efforts to increase opportunities for minorities in leadership roles within sports organizations. This interview is part of a special 4-part series called "Opportunity Matters."
Hosted on Acast. See acast.com/privacy for more information.
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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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There's no way to sugarcoat this: Small and midsize businesses should be scared to death about the consequences of the Inflation Reduction Act. Unless they provide goods and services to the green energy industry, the law's unforeseen consequences could increase their operating expenses in two ways. Here's what to expect — and how to prepare.
SEE MORE Audit-Proof Your Small Business
The Inflation Reduction Act is essentially a climate change law with some health care benefits. While the new legislation doesn't include any direct tax increases on small and midsize businesses, some of its provisions have the potential to raise costs for these companies significantly.
First Reason Why Cost of Business Could Be Going Up
For one, your chances of being audited may be going up. The new bill substantially expands the Internal Revenue Service's budget: More than half of the $80 billion increase in the IRS budget over 10 years will be used to beef up enforcement through new technology and new hires. That means more audits for companies that are the least able to financially manage them. I worry for businesses that gross $5 million or less since they usually don't have excess funds to pay a lawyer $50,000 to fight the IRS if their matter proceeds to court.
In a letter to the Senate, the agency's commissioner said, "These resources are absolutely not about increasing audit scrutiny on small businesses or middle-income Americans." Even so, with the hire of new auditors, it's likely that people with little or
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TODAY is Good Friday in the Orthodox Christian calendar. All over the eastern Christian world, from villages in Greece and Romania to cathedrals in Moscow, it is a day of haunting ceremonies that re-enact the death and burial of Jesus. There are chants of deep lamentation, interlaced with quietly confident declarations that mortality has been conquered and life will prevail. This builds up to the noisy, exuberant Resurrection festivities which take place on the night from Saturday to Sunday. This year, for some rank-and-file Russian Orthodox believers, the story of a just man unfairly accused but ultimately vindicated has even greater poignancy.
To the relief of human-rights campaigners inside and outside Russia, a brave historian who has devoted his life to uncovering, literally and metaphorically, the crimes of the Stalin era was largely acquitted this week of the surreal charges which had been laid against him. Prosecutors were demanding a nine-year prison term. A court in northwestern Russia cleared Yuri Dimitriyev (pictured) of...Continue reading
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