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Google Business NewsDec 21, 2024
Government funding difficulties create gloom for federal workers before Christmas - The Associated Press
Government funding difficulties create gloom for federal workers before Christmas  The Associated PressGovernment Shutdown and Travel: What to Know About Flights, Passports and More  The New York TimesAmerica's maxing out its bah-humbug energy  CNNHow a shutdown could affect a new Congress and Trump's inauguration  NBC News

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Senate passes stop-gap spending bill, preventing a government shutdown - NPR (Google Business News)

Google Business NewsDec 21, 2024
Senate passes Social Security benefits boost for many public service retirees - The Associated Press
Senate passes Social Security benefits boost for many public service retirees  The Associated PressCongress Approves Full Social Security Benefits for Public Sector Retirees  The New York TimesSocial Security measure passes Senate, sending it to Biden  POLITICOU.S. Senate  C-SPAN More! on the windfall elimination provision and government pension offset  Government Executive

Google Business NewsDec 21, 2024
At least two dead as car slams into crowded Christmas market in Germany - Al Jazeera English
At least two dead as car slams into crowded Christmas market in Germany  Al Jazeera EnglishTwo killed and scores injured in Germany as car ploughs into crowd at Christmas market  The GuardianDeath toll from German Christmas market car-ramming rises to four, Bild reports  ReutersDecember 20, 2024, At least 2 dead and dozens injured in attack on German Christmas market, authorities say  

Google Business NewsDec 21, 2024
Social Security measure passes Senate, sending it to Biden - POLITICO
Social Security measure passes Senate, sending it to Biden  POLITICOCongress Approves Full Social Security Benefits for Public Sector Retirees  The New York TimesSenate approves bill to expand Social Security to millions of Americans  CBS NewsU.S. Senate  C-SPAN More! on the windfall elimination provision and government pensi

Yahoo BusinessDec 21, 2024
Nvidia, AI Chip Stocks Get Lift From Bullish Morgan Stanley Report


Google Business NewsDec 21, 2024
French Court Convicts 8 People Tied to Events Leading to Teacher's Beheading - The New York Times
French Court Convicts 8 People Tied to Events Leading to Teacher's Beheading  The New York TimesEight convicted over beheading of teacher Samuel Paty in Paris  The GuardianParis court issues heavy sentences in teacher Samuel Paty's beheading trial  FRANCE 24 EnglishEight People Convicted in Trial for Beheading of French Teacher  The Wall Street Journal

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For Syria's Economy, the Way Forward Starts With Sanctions Relief - The New York Times (Google Business News)

Google Business NewsDec 21, 2024
Notre Dame rolls past Indiana in College Football Playoff opening game: What's next? - The Athletic - The Athletic
Notre Dame rolls past Indiana in College Football Playoff opening game: What's next? - The Athletic  The AthleticNotre Dame tops Indiana to kick off new CFP era  ESPNNotre Dame's frenzied home win proves what college football's brass doesn't want to hear: The postseason belongs on campus  Yahoo SportsNotre Dame vs Indiana football series history: all-time meetings, record heading into CFP matchup  South Bend Tribune

Yahoo BusinessDec 21, 2024
Nike warns its turnaround will be a slog, after results beat expectations


Yahoo BusinessDec 21, 2024
Trump transfers his stake in Trump Media to revocable trust


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President-elect Trump transfers close to $4 billion worth of his Trump Media shares to a trust (Yahoo Business)

Google Business NewsDec 21, 2024
Notre Dame HC Marcus Freeman Had Classy Message For Curt Cignetti After CFP Win - Sports Illustrated
Notre Dame HC Marcus Freeman Had Classy Message For Curt Cignetti After CFP Win  Sports IllustratedFreeman's vision finally aligns as Notre Dame takes a stride toward history  Irish IllustratedTwo starters injured for Notre Dame football in CFP first round game  South Bend TribuneMarcus Freeman Gives Massive Injury Update After Notre Dame-Indiana  Athlon Sports

Google Business NewsDec 21, 2024
Notre Dame dominates Indiana In College Football Playoff opener to set up Sugar Bowl matchup vs. Georgia - Yahoo Sports
Notre Dame dominates Indiana In College Football Playoff opener to set up Sugar Bowl matchup vs. Georgia  Yahoo SportsNotre Dame tops Indiana to kick off new CFP era  ESPNWhat Curt Cignetti Said After Indiana Was Beaten 27-17 By Notre Dame In The College Football Playoff  Sports IllustratedNotre Dame's frenzied home win proves what college football's brass doesn't want to hear: The postseason belongs on

Yahoo BusinessDec 21, 2024
Palantir Stock Battles Back For Weekly Gain Despite Valuation Worries


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The 'Crack Cocaine' of the Stock Market: Men Are Addicted to Trading (Yahoo Business)
UBS Initiates At Neutral. Is Palantir Stock A Buy Or Sell Amid High Valuation? (Yahoo Business)

Yahoo BusinessDec 21, 2024
Thailand's PTTEP Plans Investment to Boost Core Assets, Spur Development Projects


Google Business NewsDec 21, 2024
Tel Aviv hit by missile fired from Yemen, Israel and Houthis say - CNN
Tel Aviv hit by missile fired from Yemen, Israel and Houthis say  CNNHouthis fire a ballistic missile named 'Palestine 2' at Tel Aviv  NBC NewsLIVE: Houthi missile hits near Israel's Tel Aviv, injures more than dozen  Al Jazeera English

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Missile fired from Yemen explodes in south Tel Aviv, lightly injuring 16 - The Times of Israel (Google Market News)

Inc.comDec 20, 2024
House Passes Bill to Avoid Government Shutdown
The legislation avoids a shutdown, funding the government through March 14.



Google Market NewsDec 20, 2024
Delphi murders: Richard Allen sentenced to 130 years for Indiana deaths - BBC.com
Delphi murders: Richard Allen sentenced to 130 years for Indiana deaths  BBC.com'Without her, we would not be here': Delphi murders tip-finder hailed as key to case  IndyStarDelphi murders: Richard Allen sentenced for killing 2 teen girls on hiking trail  Fox NewsDelphi murderer Richard Allen maintains his innocence, won't cooperate with 'state actors'  Journal & Courier

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Indiana Man Sentenced to 130 Years for Delphi Murders - The New York Times (Google Market News)

Entrepreneur.comDec 20, 2024
KFC Is Launching a Chicken Tenders-Focused Concept Called Saucy — Here's When and Where It Opens
The chicken chain is making a strategic pivot towards the growing demand for customizable, sauce-heavy meals.

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Starbucks Workers Start Holiday Strike—What To Know And Where Workers Are Picketing (Forbes Headlines)
Don't Bank on Holiday Sales to Save Your Bottom Line — Here's How to Engage the Discount-Driven Customer Year-Round (Entrepreneur.com)

Google Business NewsDec 20, 2024
Amazon and Starbucks workers are on strike. Trump might have something to do with it - The Associated Press
Amazon and Starbucks workers are on strike. Trump might have something to do with it  The Associated PressCentral Virginia Teamsters labor union joins nationwide strike against Amazon  WRIC ABC 8NewsDemonstrators picket Amazon warehouse in Bondurant  KCCI Des Moines‘Packages and profits over people': What it's like to be an Amazon driver and why some are on strike  CNN

Google Business NewsDec 20, 2024
Chicago school board fires Chicago Public Schools CEO Pedro Martinez after months of tension - Chalkbeat
Chicago school board fires Chicago Public Schools CEO Pedro Martinez after months of tension  ChalkbeatCPS board meeting today: Mayor Brandon Johnson's interim board votes to fire Pedro Martinez, Chicago Public Schools CEO  ABC7 ChicagoChicago Board of Education votes to fire CPS CEO Pedro Martinez  WGN TV Chicago

Google Business NewsDec 20, 2024
Biden Withdraws Proposed Regulations on Student Loans and Trans Athletes - The New York Times
Biden Withdraws Proposed Regulations on Student Loans and Trans Athletes  The New York TimesBiden forgives $4.28 billion in student debt for 54,900 borrowers  CNBCBiden announces $4.28 billion in student loan relief for 55,000 borrowers  ABC News

Google Business NewsDec 20, 2024
Car slams into Christmas market in Germany, killing 2 and injuring dozens - The Washington Post
Car slams into Christmas market in Germany, killing 2 and injuring dozens  The Washington PostDecember 20, 2024, At least 2 dead and dozens injured in attack on German Christmas market, authorities say  CNNSaudi doctor who crashed into German Christmas market, killing at least 2, is an anti-Islam activist: report  New York Post Kompany, Rose shocked after Magdeburg incident  ESPN

Chicago Tribune Business NewsDec 20, 2024
CEO Pedro Martinez's termination wasn't the only high-stakes financial decision the Board of Education voted on Friday
As Chicago Public Schools faces deficits of around $500 million, two Board of Education votes could affect district finances for years to come.

Google Business NewsDec 20, 2024
US government shutdown could cost travel sector $1 billion per week, disrupt holiday travel - Reuters
US government shutdown could cost travel sector $1 billion per week, disrupt holiday travel  ReutersWhat's at risk if Congress doesn't fund the government by Friday night  CNNTSA union leader in Pittsburgh explains impact of potential government shutdown  CBS NewsWhat a government shutdown could mean fo

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What a government shutdown could mean for your holiday travel plans (NPR Topics: Business)

MarketWatch Breaking NewsDec 20, 2024
As government shutdown looms, how U.S. stocks performed during past closures


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A government shutdown looms. Here's how U.S. stocks performed during past closures. (MarketWatch)
Here's who works and who is furloughed during a government shutdown (Washington Post Business)

Yahoo BusinessDec 20, 2024
JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud


Yahoo BusinessDec 20, 2024
Big Lots Sale to Nexus Falls Apart, Plans to Close Business


RELATED ARTICLES
Party City is going out of business after a nearly 40-year run (Washington Post Business)

Google Business NewsDec 20, 2024
JPMorgan Chase, Bank of America and Wells Fargo sued for failing to prevent fraud on Zelle - CNN
JPMorgan Chase, Bank of America and Wells Fargo sued for failing to prevent fraud on Zelle  CNNIn a lawsuit, CFPB says 3 top U.S. banks failed to protect consumers from Zelle fraud  NPRCFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud  CNBC

Chicago Tribune Business NewsDec 20, 2024
Party City immediately closing all stores after 38 years in business
Party City employees were informed they'd be cut loose without severance pay or benefits just days before Christmas.

Google Business NewsDec 20, 2024
US stocks surge, dollar drops after cool inflation report - Reuters
US stocks surge, dollar drops after cool inflation report  ReutersKey Fed inflation measure shows 2.4% rate in November, lower than expected  CNBCStocks Rally on Hopes for More Rate Cuts  The Wall Street JournalStock Market Today: Dow Jones Soars As Speaker Johnson Eyes Bill Split To Avoid Shutdown; Warren Buffett Loads Up On Top Holding (Live Coverage)  Investor's Business Daily

MarketWatchDec 20, 2024
Will a Trump-backed U.S. bitcoin reserve power crypto's next rally?
Dennis Porter is now seeing the culmination of years of hard work and his single-minded dedication to the idea that bitcoin can serve as a national strategic asset.

RELATED ARTICLES
'We're Not Allowed to Own Bitcoin': Crypto Price Drops After U.S. Federal Reserve Head Makes Surprising Statement (Entrepreneur.com)
Bitcoin is now languishing. Would a Trump-era crypto reserve reignite the rally? (MarketWatch Breaking News)

Google Business NewsDec 20, 2024
Chicago Board of Education Votes to Fire Leader of City's School System - The New York Times
Chicago Board of Education Votes to Fire Leader of City's School System  The New York TimesMayor Brandon Johnson's interim Chicago Board of Education votes to fire CPS CEO Pedro Martinez  ABC7 ChicagoCPS CEO goes to court in last minute attempt to save job before Friday board meeting  Chicago TribuneChicago Board of Education votes unanimously to fire CPS CEO Pedro Martinez  FOX 32 Chicago

Yahoo BusinessDec 20, 2024
Does Warren Buffett Know Something Wall Street Doesn't? The Billionaire Has Been Buying a Nasdaq Stock-Split Stock With a Hearty 4.6% Dividend Yield That Analysts Recently Downgraded.


Washington Post BusinessDec 20, 2024
Congress averts government shutdown as Senate passes funding bill
Republicans revolted against a bipartisan bill, then the House rejected a party-line alternative. The shutdown deadline is hours away.

Google Business NewsDec 20, 2024
Last-minute budget bill to prevent US government shutdown prevails in House - Al Jazeera English
Last-minute budget bill to prevent US government shutdown prevails in House  Al Jazeera EnglishGovernment Shutdown Live Updates: Latest News on Spending Bill and House Vote  The New York TimesHere are the 34 Republicans that voted against the funding bill to avoid shutdown  The Hill

MarketWatchDec 20, 2024
FedEx's freight-unit spinoff offers ‘early Christmas' to Wall Street
Stifel, TD Cowen and Susquehanna analysts praised the move and boosted their price targets for the delivery giant's stock.

MarketWatch Breaking NewsDec 20, 2024
Warren Buffett ignores Wall Street, buys more stock in this oil-and-gas company


NYTimes BusinessDec 20, 2024
Biden Administration Sues 3 Big Banks Over Zelle Fraud
Action against Bank of America, JPMorgan Chase and Wells Fargo may not survive President-elect Donald J. Trump's return to office.

Inc.comDec 20, 2024
Nike CEO Warns Turnaround Will be a Long Slog
After its quarterly results beat Wall Street expectations the apparel maker's new chief, Elliott Hill, said a rebound would require fundamental changes in strategy.



MarketWatchDec 20, 2024
Trump media stock ‘DJT' drops as president-elect moves entire $4 billion stake to revocable trust
Trump Media & Technology Group Corp.'s stock fell about 6% Friday after Donald J. Trump transferred his entire $4 billion stake in the company into a revocable trust, according to filings.

Google Business NewsDec 20, 2024
Winning numbers drawn for Mega Millions $862 million jackpot - ABC News
Winning numbers drawn for Mega Millions $862 million jackpot  ABC NewsMega Millions Continues Rolling, Now at $825 Million  Mega MillionsMega Millions winning numbers for Dec. 20, 2024. Did anyone win the lottery last night?  Yahoo! VoicesMega Millions winning numbers for Friday, Dec. 20 drawing: $862 million lottery jackpot  USA TODAY

Google Business NewsDec 20, 2024
FDA approves weight-loss drug Zepbound to treat sleep apnea - The Washington Post
FDA approves weight-loss drug Zepbound to treat sleep apnea  The Washington PostF.D.A. Approves Weight Loss Drug to Treat Obstructive Sleep Apnea  The New York TimesFDA Approves First Medication for Obstructive Sleep Apnea  FDA.govFDA approves weight-loss drug Zepbound for obstructive sleep apnea  CNN

Forbes HeadlinesDec 20, 2024
House Passes Funding Bill — And Biden Endorses — Hours Before Government Shutdown
More than three dozen Republicans joined Democrats in shooting down the last bill rejected Thursday.

Chicago Tribune Business NewsDec 20, 2024
Hyzon, which has hydrogen EV fuel cell plant in Bolingbrook, may lay off all employees, liquidate assets
Hyzon warned that a potential total reduction in force will be completed in February if the company cannot raise funds or find a buyer.

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Banner year for fixed-income funds leaves TCW and Western Asset behind (MarketWatch Breaking News)

CNBC BusinessDec 20, 2024
FDA approves Eli Lilly's weight loss drug Zepbound for sleep apnea, expanding use in U.S.
The agency's decision expands the use of Zepbound and could potentially pave the way for Eli Lilly to gain broader insurance coverage for the treatment.

Inc.comDec 20, 2024
Partial Government Shutdown Could Cost Travel Industry $1 Billion Per Week
A government shutdown would create major disruptions.



Google Business NewsDec 20, 2024
Starbucks Workers Begin a Strike in 3 Cities on Friday - The New York Times
Starbucks Workers Begin a Strike in 3 Cities on Friday  The New York TimesStarbucks baristas in L.A. and other cities go on strike over elusive contract  Los Angeles TimesStarbucks workers union announces pre-Christmas strikes across the country, including Burbank  ABC7 Los AngelesStarbucks baristas to strike in three cities, including Chicago  FOX 32 Chicago

Google Market NewsDec 20, 2024
Big Lots will soon start ‘going out of business' sales at its remaining locations - CNN
Big Lots will soon start ‘going out of business' sales at its remaining locations  CNNParty City is going out of business  CNNBig Lots conducts going-out-of-business sales after sale of company falls through  CNBCBig Lots store closings 2025: Retailer plans to close all stores  Axios

MarketWatchDec 20, 2024
Year-end selling is hitting these 7 stocks. How their tax loss can be your gain.
Foot Locker, CVS Health and Charles River Laboratories are among hard-hit stocks that look ready to recover.

NPR Topics: BusinessDec 20, 2024
In a lawsuit, CFPB says 3 top U.S. banks failed to protect consumers from Zelle fraud
The consumer financial watchdog says customers of the top three banks lost more than $870 million over seven years due to a lack of safeguards against fraud on the Zelle network.

RELATED ARTICLES
CFPB sues JPMorgan Chase, Bank of America and Wells Fargo over Zelle payment fraud (CNBC Business)

Chicago Tribune Business NewsDec 20, 2024
Some Starbucks baristas go on strike in Chicago; walkouts planned in 2 other cities
The workers' union warns the walkouts could spread to hundreds of cafes by Christmas Eve if Starbucks does not meet demands at the bargaining table.

MarketWatchDec 19, 2024
Nike just laid out an ambitious turnaround plan. But it will come at a cost.
Shares of Nike Inc. rallied after hours on Thursday after the sneaker maker reported quarterly results that topped expectations, following a big leadership shakeup at the company earlier this year.

KiplingerSep 08, 2022
Using Asset Location to Defuse a Retirement Tax Bomb
Editor's note: This is part six of a seven-part series. It dives more deeply into the second strategy for defusing a retirement tax bomb, implementing asset location. If you missed the introductory article, you may find it helpful to start here.

Most investors have heard of asset allocation, but asset location is another story - and it could help investors with large tax-deferred savings reduce their tax bills in retirement.

SEE MORE When It Comes to Your RMDs, Be Very, Very Afraid! Asset allocation refers to how a portfolio is allocated to various asset classes that have different historical investment returns and standard deviations. The simplest example is a stock-bond allocation, such as a 60% stock, 40% bond allocation, which is a common allocation for retirees. But there are dozens of more granular asset classes that can be managed as well, for example, U.S. large cap stocks or international small cap value stocks. Asset allocation is critical to effectively diversify your portfolio and reduce risk. 

Asset location is different portfolio management strategy: one that few clients I meet have heard of. Few financial advisers implement it as well. Asset location seeks to minimize taxes by placing different asset classes in specific tax buckets (taxable, pre-tax, tax-free).

Putting Asset Location into Practice In a nutshell, here's how asset location works:

Typically, you want to place investments with low expected returns, such as  bonds, into tax-deferred accounts.Place investments with high expected returns, such as small value or emerging market st

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