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Chile votes in polarizing presidential runoff as far-right takes lead NPRJosé Antonio Kast is Chile's probable next president. How will he govern? The EconomistLatin America turns Right as the Left pays the price of failure telegraph.co.ukA ‘fearful' country? Crime concerns grip Chile ahead of presidential race Al Jazeera
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2025-26 college football bowl game schedule, scores, TV channels, times NCAA.comWe made score picks for every postseason CFB game ESPNCollege football odds, lines, spreads: Picks, predictions, betting advice for 2025-26 college football bowl season from proven model SportsLine
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The benefits provide important economic support for older people who cannot work. The White House recently halted changes to the program that had worried some experts.
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The payment option is booming among online holiday shoppers this year. But like any form of credit, it comes with drawbacks. Here's how to use BNPL responsibly — and protect yourself from risk.
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House Republicans unveil health care package that does not extend ACA subsidies ahead of next week's vote ABC NewsAfter failure in the Senate, House GOP has its own health care proposal NPRSenate rejects ACA funding and a Republican alternative with premiums set to spike NBC NewsInside Republicans' new health bill
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It would take time and billions of dollars to fix Venezuela's oil infrastructure
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Trump takes first step in possible bid to control D.C.'s public golf courses The Washington PostTrump threatens to seize control of Washington, D.C.'s public golf courses The New York TimesExclusive | Trump's Next Renovation Target: D.C.'s Golf Courses The Wall Street JournalPresident Trump could talk golf for hours. Ask his go-to course designer GOLF.comTrump sets sights on next renovation project - Washington DC's public golf courses The Independ
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Charlie Garcia responds to readers concerned about the scarcity of ultrapure water and the Japanese stocks that provide it.
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Following its latest product releases, some industry insiders see the writing on the wall.
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Hedge fund takes 3% of Acadia Healthcare amid probe by US justice department and SEC
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David Musto, Wharton Finance Professor and Director of the Stevens Center for Innovation in Finance, explores the importance of teaching financial literacy to students, the progress made in recent years, and why early education in personal finance is essential for preparing future citizens and voters. 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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It probably comes as no surprise that ongoing economic fallout from the pandemic, including inflation, market volatility and the threat of a recession, have led millions of Americans to re-evaluate their retirement plans. New research from the Nationwide Retirement Institute® shows that two-thirds of Americans (66%) say they worry more now than they did before about their retirement income— that's a 10-point increase from 2021!
SEE MORE When You Claim Social Security Can Have Huge Implications for Your Spouse
In volatile moments like we're experiencing, it's easy to make emotional decisions with lifelong implications. Unfortunately, misconceptions about Social Security, which forms the foundation of almost every American's retirement income strategy, are all too common, according to the survey. The good news is with the right advice from a trusted financial professional, you can avoid unintended consequences that may come with an uninformed decision.
What People Are Getting Wrong About Social Security
About half (49%) of consumers believe if they file for Social Security early, their benefit will automatically go up once they reach their full retirement age — it won't. A sizable number of boomers (39%) who are not currently receiving Social Security plan on drawing from their benefits before their full retirement age, a decision that may cost them in the long run and should only be done with eyes wide open about implications for the future.
Misperceptions like this could make a huge difference in
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House Democrats unveiled details of a Medicare for All bill that would create a new federally financed health system, a proposal likely to shape a debate among the party's 2020 presidential candidates.
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The Department of Justice said it is filing a lawsuit against the state of California over its new net neutrality protections, hours after Gov. Jerry Brown signed the bill into law on Sunday.
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