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Latest improvement on inflation isn't ‘mission accomplished,' Fed Chairman Warsh says CNNWarsh pledges Fed policy 'regime change' to rid inflation 'tax' on American people CNBCWarsh Tells Congress the Fed Has ‘No Tolerance' for High Inflation WSJ
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US carries out more strikes on Iran after Trump drops threat of strait of Hormuz tolls - Middle East crisis live The GuardianU.S. strikes Iran before Hormuz Strait blockade restarts CNBCUS strikes new targets in Iran as Tehran hits Gulf states, Hormuz shipping Al JazeeraLive up
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Global oil prices Tuesday were on track to notch their largest two-day rise since mid-March, buoyed by further escalation in the U.S.-Iran conflict.
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China Purges Top Official Over Corruption and Sex Charges The New York TimesChina expels Politburo member Ma Xingrui in Xi's anti-corruption campaign AP NewsChina purges third Politburo member in deepening anti-graft drive ReutersChina Expels Former Politburo Member Over Graft and Sex Charges Bloomberg.com
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IBM's stock plunges after a preliminary release of profit and revenue that were well below expectations.
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Chief executive Arvind Krishna says company ‘faltered' as clients raced to buy servers and storage
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IBM stock plummets more than 25% on Q2 earnings warning Yahoo FinanceIBM stock craters 23% after issuing second-quarter earnings warning CNBCSoftware Stocks Sink as IBM Miss Delivers ‘Devastating Blow' Bloomberg.comIBM warns AI boom is squeezing software budgets; shares sink in sector rout Reuters
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Darline Graham, sister of Lindsey Graham, sworn in to fulfill his Senate term The GuardianLindsey Graham's sister, Darline Graham Nordone, appointed to his Senate seat. Here's what to know about her. YahooAshcroft to vouch for Blanche PoliticoDarline Graham is sworn in as senator to fill her brother Lindsey Graham's seat NBC News
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Brent crude, the international benchmark, breached $85 per barrel for the first time in a month.
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Foreign exchange reserves have dwindled by $54bn since start of Iran war
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EV maker's stock down more than 50% intraday, then pares the bulk of those losses after Lucid says ‘the rumors are completely false'
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World Cup Daily live: Haaland latest star to inspire baby name boom ESPNThese celebs were spotted at Dallas Stadium for France vs. Spain World Cup semifinal Dallas NewsFrance vs. Spain live updates: Score, highlights and analysis from the World Cup semifinal Yahoo SportsLIVE | France vs. Spain World Cup Semi-Final at Dallas Stadium FOX 4 News Dallas-Fort Worth
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Some of the most prominent carriers are overhauling their offerings for travelers in the main cabin. Here's what to expect.
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E. Jean Carroll receives $5.6 million from Trump in sexual abuse and defamation case NPRE. Jean Carroll Receives $5.6 Million Payment From Trump in Civil Case The New York TimesTrump pays over $5-million owed to E. Jean Carroll for sex abuse case The Globe and MailE. Jean Carroll receives $5.62 million sex abuse, defamation payment from Trump after yearslong wait CBS News
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Supreme Court justices push Congress to boost security funding: "Threats have come very close" CBS NewsTakeaways From Rare Congressional Testimony by Two Supreme Court Justices The New York TimesSupreme Court Justice Barrett says 'the threat level is really high' in budget testimony CNBCSupreme Court warns Congress threats are rising and the court needs more security Axios
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France vs. Spain odds, prediction, time: 2026 World Cup semifinal picks from expert on 19-7 run CBS SportsLamine Yamal: Spain, France semifinal my 'most important match,' I'm not afraid ESPNFrom The Sports Desk: Spain, France meet in star-studded World Cup semifinal NBC NewsMbappe, Dembele and Olise give France the edge over Spain in the 2026 World Cup semifinals Fox News
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A new scorecard from VC firm Founder Collective tracks $10 trillion in startup value—and reveals the problem with the ‘unicorn or bust' mentality.
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France showcases 500 pro-Ukraine troops at Bastille Day ReutersEurope, Flexing Muscle in Ukraine, Is Still on Sidelines in Iran The New York TimesEuropean troops and warplanes join Paris Bastille Day parade in a show of unity for Ukraine AP NewsOn Bastille Day, Macron Offers Spectacle of European Military Might WSJBastille Da
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Justices Tell Congress Supreme Court Needs Millions More for Security The New York TimesSupreme court justices testify to House on budget request to increase security The GuardianSupreme Court Justice Barrett says 'the threat level is really high' in budget testimony CNBCJustices Kagan and Barrett demand more Supreme Court security funding in rare appearance before Congress CNN
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U.S. and Iran Reignite War Over Strait of Hormuz: Iran Live Updates The New York TimesUS military hits targets across Iran in hours leading up to resumption of naval blockade Fox News'Enough Is Enough': Lawmakers Criticize Trump Over Resumption of Iran War Time MagazineUS attacks Iran and Tehran retaliates across the Middle East, threatening a return to all-out war AP NewsAmerica's Latest Weapon Against Iran: Sea Drones
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Citation Capital has held a $1.2bn final close for its inaugural private equity fund, making it one of the largest first-time buyout vehicles raised in recent years despite a difficult fundraising environment for new managers.
The post Citation Capital closes $1.2bn debut fund as emerging manager bucks fundraising headwinds appeared first on AltAssets Private Equity News.
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Goldman Sachs and JPMorgan showed that Wall Street is a major beneficiary of the AI boom, with record revenue driven by surging trading and investment banking.
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Other banks had extraordinary quarters too, including Wells Fargo, Goldman Sachs, and Bank of America.
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Brent crude climbs after US responds to Iranian attacks on tankers with fresh round of strikes
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Central organizations at nonprofits with local affiliates are now required to file a new form with the IRS to maintain their tax-exempt status.
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House GOP breaks weeks-long standoff between Republican leaders and hardliners The HillSee more headlines & perspectives on Google News
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AI is changing the way tax professionals work in significant ways, but none of them involve massive job losses or shrinking demand for accountants and auditors.
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Computer software is now packed with AI, and that's driving up costs, inflation data shows.
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Here's why the strongest leaders carry the same core values between work and home.
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Trump says FBI is ‘wasting their time' investigating Lindsey Graham's death NBC NewsAfter Graham's death and McConnell's absence, conspiracy theories abound The GuardianNotable figures who died from the same heart condition linked to Lindsey Graham's death Fox NewsThe Last of the Three Amigos The Atlantic
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Hero pilot Capt. Sully Sullenberger shares heartbreaking health update New York PostCapt. Sully, Who Saved 155 in ‘Miracle' Plane Landing on the Water, Reveals Alzheimer's Diagnosis (Exclusive) People.com'Miracle on the Hudson' hero Captain 'Sully' Sullenberger reveals Alzheimer's diagnosis Fox News
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S&P 500 gains after light inflation data, bounce in chip stocks: Live updates CNBCKevin Warsh faces Congress for the first time as Fed chairman CNNCPI Report Live Updates: Inflation Cools to 3.5% Annually as Oil Prices Drop The New York TimesConsumer prices rose 3.5% annually in June, less than expected as energy prices eased CNBC
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Paramount is still planning for its acquisition of Warner Bros. Discovery to close by late September despite lawsuit challenge from state attorneys general.
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‘Is there a smart way to manage irregular income without feeling like every financial decision is a gamble?'
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Twelve states sued to block the $110-billion merger. Past antitrust fights show they may not need a final courtroom victory to make the transaction costlier—or change its terms.
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Kevin M. Warsh, in his first testimony to Congress as chairman of the Federal Reserve, did not shed light on whether he supported higher interest rates to tame price pressures.
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An effort to block media giant's planned takeover of Warner Bros. Discovery underscores how states are taking a more active role in antitrust regulation.
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After fifteen years of relative decline, the inexorably falling Japanese yen has made Tokyo one of the world's cheapest major cities
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The senator helped shape policies that lowered corporate tax rates, playing a key role in the wider business landscape.
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Among the largest U.S. banks, Citigroup is expected to show the greatest improvement by one important measure. But it still has a long way to go to reach its own performance target.
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Also in today's newsletter: companies turn to Chinese AI models to cut costs and Jane Fraser's ruthless remake of Citigroup
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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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Big questions still need answering after President Donald Trump and Chinese President Xi Jinping averted a trade war escalation at the G-20 meeting.
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