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Iran: Attacks on ships reported as Strait of Hormuz recloses DW.comLive updates: Iran war news: Iranian gunboats fire on tanker after Strait of Hormuz closed again CNNShips in Strait of Hormuz Turn Back as 2 Are Said to Be Hit The New York TimesIran tightens control of Strait of Hormuz, Trump warns against 'blackmail' ReutersIndia Summons Iran Envoy After Strait of Horm
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Pope Leo XIV says ‘not in my interest at all' to debate Trump but will keep preaching peace PoliticoTrump's Dispute With Pope Leo Deepens Divisions on the Right The New York TimesPope James David Vance the First The AtlanticTrump and Pope Leo: a New Holy War? WSJPope says 'tyrants' speech was not aimed at Trump BBC
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The surge in optimism contrasts starkly with continued energy supply challenges that threaten long-lasting economic harm — and a market reckoning.
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Most companies are raising prices. PepsiCo cut theirs.
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Analysts said energy and shipping companies would be reluctant to fully restore operations until they were confident that hostilities were over.
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Warsh will be pressed on his outlook for rates at his Senate confirmation hearing Tuesday.
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Photos: How overfishing in Southeast Asia is an ecological and human crisis NPRView Full Coverage on Google News
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As Americans keep their cars for longer, Kentucky-based Valvoline says one of its synthetic oil products can turn back time in an engine.
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Corporate executives with a front-row seat on the economy are broadcasting a bullish message and drowning out Iran war noise.
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Officials in Tehran said the Strait of Hormuz would reopen to commercial shipping, but they dismissed the president's claims of a wider agreement with the U.S.
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Global venture capital investment more than doubled to a record $330.9bn in the first quarter of this year, KPMG said, fuelled by "an extraordinary concentration of capital in large megadeals".
The post AI megadeals helped global VC investment surge to record $330.9bn in Q1 - KPMG appeared first on AltAssets Private Equity News.
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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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