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For Love & Money is a weekly Business Insider column answering relationship and money questions. This week, a recently widowed reader isn't sure what changes to make to their financial plan. Write to For Love & Money using this Google form. Since my wife's death, I have found myself single for the first time in 48 years, and I'm looking at a very large income tax liability in 2024 and after. Write to For Love & Money using this Google form .
Persons: , I'm, I've, Justin Rush, Rush, you'd, you've, it's, doesn't Organizations: Service, Security, Rush
Nikki Haley to exit GOP presidential race Wednesday
  + stars: | 2024-03-06 | by ( Kylie Atwood | Arit John | ) edition.cnn.com   time to read: +12 min
Nikki Haley will announce Wednesday that she is exiting the Republican presidential race, according to sources familiar with her plans, clearing the path for former President Donald Trump. Still, in her campaign, Haley became the first Republican woman to win two primary contests: Vermont and the District of Columbia. Former 2024 candidates, including biotech entrepreneur Vivek Ramaswamy, South Carolina Sen. Tim Scott and North Dakota Gov. At the time, Haley was seen as a rising GOP star and potential vice presidential pick in 2012 and 2016. Haley spent six years as governor of South Carolina before becoming Trump’s ambassador to the United Nations in 2017.
Persons: Nikki Haley, Donald Trump, Haley, Trump, Joe Biden, Biden, , ” Trump, Vivek Ramaswamy, South Carolina Sen, Tim Scott, Doug Burgum, Ron DeSantis, Asa Hutchinson, Chris Christie, Chris Sununu, ” Haley, Republicans –, Charles Koch’s, Sununu, beholden, DeSantis, wasn’t, , Ramaswamy, he’s, Haley wasn’t, Barack Obama, Nimarata – Nikki, Nancy Pelosi, MAGA, Barack Obama’s, Haley’s, Mother Emanuel, , , CNN’s Eric Bradner, Ebony Davis Organizations: CNN, Former South Carolina Gov, Republican, United Nations, GOP, Trump, Democratic, District of Columbia, Republican Party, North Dakota Gov, New, Florida Gov, Arkansas Gov, New Jersey Gov, Fox News, eventual, Republicans, White, Mother, Mother Emanuel AME, Confederate, statehouse, UN, Boeing, Associated Press Locations: Charleston , South Carolina, South Carolina, Nevada, Vermont, Iowa, New Hampshire, Arkansas, New Jersey, China, Granite State, United States, Lexington County , South Carolina
Trump’s advisers insist that doesn’t mean he’s taking South Carolina for granted. But we see this as a done deal,” a senior Trump adviser told CNN, referring specifically to South Carolina. Earlier this month, the Trump campaign held two press conferences featuring a series of his top South Carolina surrogates. “Nikki is persona non grata at this point,” Justin Evans, Trump’s director of special projects in South Carolina, told CNN. Those remarks reflect the broader view of Trump’s campaign, which wants him to become the presumptive GOP nominee as soon as possible.
Persons: Donald Trump, Trump, Nikki Haley —, Joe Biden, Biden, Haley, , Susie Wiles, surrogates, Henry McMaster, US Sen, Tim Scott, , “ Nikki, ” Justin Evans, George Bush, Karl Rove, Nikki Haley, ” Trump, , Ron DeSantis, she’s Organizations: CNN, GOP, Republican, South, Trump’s, National Rifle Association, Trump, Palmetto State, New, , Gov, US, South Carolina surrogates, Republican Party, Republican National Committee, Super Locations: South Carolina, Carolina, Nevada, Pennsylvania, Colorado, Virgin, Trump’s, Iowa, New Hampshire, Conway, Myrtle Beach, Lago, Nevada’s nonbinding, California
The US government is spending at an unsustainable rate, Jerome Powell said. The Federal Reserve chair said he was worried future generations would be stuck with the bill. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAmerica is racking up dangerous amounts of debt because of its excessive spending, and future generations are likely to suffer the consequences, Jerome Powell said. Although inflation remains well above the Fed's 2% target, Powell and his colleagues have penciled in three rate cuts for this year.
Persons: Jerome Powell, Powell, , there's Organizations: Federal, Service, Federal Reserve
Haley said Trump was "confused again" after he appeared to get the Indiana ballot deadline wrong. AdvertisementNikki Haley took another jab at former President Donald Trump's cognitive abilities after he appeared to mix up the Indiana ballot deadline. "Looks like he's confused again…" the Republican presidential candidate wrote on X in response to a Trump social post in which he said she was "scrambling" to qualify for the ballot three days after the deadline. Haley, the final remaining Republican challenger to Trump, has been ramping up attacks on his age and mental abilities. Haley has started sharpening her tone against Trump ahead of the upcoming primary in her home state, South Carolina.
Persons: Haley, Trump, Trump's, , Nikki Haley, Donald Trump's, Diego Morales, Joe Biden, CNN's Jake Tapper, Nancy Pelosi Organizations: GOP, Service, Republican, Trump, State, Democratic, Politico, UN Locations: Indiana, South Carolina
Ron DeSantis warned in a CNN town hall Tuesday night that Republicans are “going to lose” the 2024 election if they nominate former President Donald Trump. Nikki Haley – in Iowa’s caucuses, the Florida governor fielded questions in New Hampshire at a town hall moderated by CNN’s Wolf Blitzer. Here are five takeaways from DeSantis’ town hall:Florida Gov. Ron DeSantis, left, participates in a CNN Republican presidential town hall moderated by Wolf Blitzer, right, at New England College in Henniker, New Hampshire, on January 16, 2024. DeSantis answers a question during the town hall in New Hampshire on January 16, 2024.
Persons: Ron DeSantis, Donald Trump, Nikki Haley –, CNN’s Wolf Blitzer, Haley, Trump, , ” DeSantis, “ We’re, , Wolf Blitzer, Will Lanzoni, CNN DeSantis, won’t, DeSantis, Ryan Binkley, it’s, DeSantis ’, That’s, Republicans DeSantis, lumping, Joe Biden, hadn’t, we’ve, Scott, , MSNBC’s Joy Reid, “ We’ve, — that’s Organizations: CNN, Florida Gov, Trump, South Carolina Gov, Republican, CNN Republican, New England College, ABC News, New, GOP, Nevada Republican, Republicans, Trump voters, College Board, Republican Party, defund, Fox, Disney Locations: Iowa’s, Florida, New Hampshire, DeSantis ’, Henniker , New Hampshire, South Carolina, Granite State, Nevada, Dallas, Iowa, DeSantis, United States, Covid, Orlando
I've tried to use budgeting apps, but I found they didn't categorize my expenses correctly. There's no shortage of budgeting apps and tools out there, with plenty of bells and whistles to help you make the most of your money. The best budgeting apps can help you get your finances in order and track your monthly spending. While there's no right way to create a budget, there is one right way to use it — consistently and accurately. While I'm happy with my old-school way of budgeting, it doesn't mean it's the right move for you.
Persons: I've, , it's, I'm Organizations: Service, Quicken
Getty ImagesWhen filing your taxes, you claim the larger of the standard deduction or your total itemized deductions. In 2018, the Tax Cuts and Jobs Act nearly doubled the standard deduction, slashing the number of filers who itemized. For 2023, the standard deduction is $13,850 for single filers and $27,700 for married couples filing jointly. Give profitable assetsWhether you're transferring money to a donor-advised fund or giving directly to a charity, experts recommend sending profitable assets, rather than cash. Bunching donationsAnother way to exceed the higher standard deduction is by bunching donations, which is a popular strategy for donor-advised funds, experts say.
Persons: Juan Ros, Michael Maye, Maye, bunching, Mitchell Kraus Organizations: Financial Management, Financial, MJM Financial, Capital Intelligence Associates Locations: Thousand Oaks , California, Gillette , New Jersey, Santa Monica , California
"During the pandemic, I realized how I was taking IRL experiences for granted and working remotely, spending less time with friends, I just felt extremely isolated," Loar said. "It was really centered around helping you and your friends make IRL plans to build stronger relationships." Now, Whatever's team is pivoting its focus to couples and how best to use technology to help couples plan dates and spend meaningful time together. "Couples will be able to bookmark plans from the discovery feed and turn them directly into date plans," Loar added. Whatever is focusing on helping couples plan dates.
Persons: Mallory, Loar, Vivek Murthy, Kevin Wilson, Zack Zapasnik, Stanislav Vishnevskiy, Matthew Prince, it's Organizations: Twitch, Facebook
And since we don’t actually want to be at war with China, it makes a certain sense to avoid lumping Beijing in with Moscow and Tehran. It makes sense to talk about China, Iran and Russia as a loose alliance trying to undermine American power, but it is not a trio of equals. But the threat China poses to Taiwan, in particular, has different implications for American power from the threat Russia poses to Ukraine or Hamas poses to Israel. Whatever misery Iran and its proxies may inflict upon the Middle East, they are not going to conquer Israel or drive American power out of the Levant. But we have no experience being defeated in straightforward combat, not guerrilla war, by a great-power rival and ideological competitor.
Persons: Joe Biden, don’t, , , Biden, Putin, pseudodemocracy, Xi, Vladimir Putin Organizations: NATO Locations: Israel, Ukraine, America, United States, China, Russia, Iran, Beijing, Moscow, Tehran, Taiwan, East Asia, Crimea, , Vietnam, Afghanistan
Welcome to the Great Internet Splintering
  + stars: | 2023-10-03 | by ( Shubham Agarwal | ) www.businessinsider.com   time to read: +14 min
But instead of spelling the death of social media, it may be the beginning of a better era. Welcome to the Great Social Media Splintering. One recent study found social media could cause an increase in eating disorders and poor body image in men and women. The fatigue I have felt is therefore partly fueled by another, more-pressing concern: Which social network should I bank on? But until it emerges, I expect to continue living a splintered and nomadic online social life.
Persons: I've, haven't, I'm, it's, Ben Grosser, Harvard University's Berkman Klein, media's, TikTok, Chand Rajendra, Rebecca Rinkevich, Mike McCue, Jack Dorsey, Steve Teixeira, Rajendra, Nicolucci, Shubham Agarwal Organizations: Facebook, Twitter, Great Social Media, Harvard, Harvard University's Berkman Klein Center, Internet & Society, University of Michigan, Institute, Rebooting Social Media, Mastodon, Mozilla, Wired, Company Locations: Instagram, Google's, India, Brazil, Facebook, Ahmedabad
Great news — social media is falling apart
  + stars: | 2023-10-03 | by ( Shubham Agarwal | ) www.businessinsider.com   time to read: +14 min
And I'm not alone: People are spending less and less time on social media. But instead of spelling the death of social media, it may be the beginning of a better era. Welcome to the Great Social Media Splintering. One recent study found social media could cause an increase in eating disorders and poor body image in men and women. Studies have found that news overload from social media can cause stress, anxiety, fatigue, and lack of sleep.
Persons: I've, haven't, I'm, it's, Ben Grosser, Harvard University's Berkman Klein, media's, TikTok, Chand Rajendra, Rebecca Rinkevich, Mike McCue, Jack Dorsey, Steve Teixeira, Rajendra, Nicolucci, Shubham Agarwal Organizations: Facebook, Twitter, Great Social Media, Harvard, Harvard University's Berkman Klein Center, Internet & Society, University of Massachusetts Amherst, Institute, Rebooting Social Media, Mastodon, Mozilla, Wired, Company Locations: Instagram, Google's, India, Brazil, Facebook, Ahmedabad
[1/6] U.S. House Speaker Kevin McCarthy (R-CA) speaks with reporters as he arrives for the day at the U.S. Capitol in Washington, U.S. September 18, 2023. Republicans hold a 221-212 majority in the House that leaves McCarthy with little room to maneuver as he contends with opposition to the spending legislation from a small group of hardline conservatives. "The Republican House is failing the American people again and pursuing a path of gamesmanship and circus," Republican Representative Victoria Spartz said in a statement. Senate Majority Leader Chuck Schumer, a Democrat, called the House Republican CR agreement "slapdash and reckless," adding that a bipartisan continuing resolution is "the only answer for avoiding a government shutdown." Unless the House can move forward on spending, Republican leaders said privately that they could be forced to move directly into negotiations with Senate Democrats on appropriations bills, circumventing hardliners.
Persons: Kevin McCarthy, Jonathan Ernst, Joe Biden, McCarthy, Fitch, Tommy Tuberville, Biden, Donald Trump, Matt Gaetz, Jack Smith, Trump, Victoria Spartz, Chuck Schumer, Chip Roy, Roy, Ralph Norman, David Morgan, Richard Cowan, Moira Warburton, Scott Malone, Sandra Maler, Will Dunham Organizations: ., U.S, Capitol, REUTERS, Rights, . House, Republican, Democratic, Senate, AAA, Democrat, Caucus, Thomson Locations: Washington , U.S, Mexico
community, though, I always joke when people talk about the Black community, I’m like, what? Polumbo: I think I’ve accepted the rhetorical framing of the L.G.B.T. I also think that I’m completely supportive of the rights of transgender adults to live their best lives however they see fit. But I’ve never truly understood the lumping in or connection of transgender issues and gay rights issues. What would a conservatism that was more — embracing isn’t the right word — but more congenial to L.G.B.T.
Persons: they’re, It’s, I’ve, it’s, I’m Organizations: Republican Party Locations: Ohio, New York, Silicon
Mission Impossible: Paramount reckoning
  + stars: | 2023-07-05 | by ( Jennifer Saba | ) www.reuters.com   time to read: +8 min
NEW YORK, July 5 (Reuters Breakingviews) - Paramount Global’s (PARA.O) predicament is worthy of its successful “Mission: Impossible” franchise. Over the past year or so, Warren Buffett’s Berkshire Hathaway (BRKa.N) has bought and increased its stake in Paramount to about 15%. Without the funding, her closely held firm might have needed to pledge more of its Paramount stock against a loan. Streaming service Paramount+ is similar to Netflix, whose enterprise is worth 5 times next year’s estimated revenue. “Mission: Impossible Dead Reckoning Part One,” from Paramount Pictures, opens in movie theaters on July 12.
Persons: Shari Redstone, Looney, Walt Disney, Sumner, Warren Buffett’s Berkshire Hathaway, Goldman Sachs, Byron Trott, Rudolph Valentino, Mae West, Marx, Trustbusters, Martin Davis, Sumner Redstone, Simon, Schuster, Walt, Jeffrey Goldfarb, Sharon Lam, Streisand Neto Organizations: YORK, Reuters, Paramount, Warner Bros Discovery, AT, Netflix, Apple, Comcast, Electronic Arts, MSD Partners, Viacom, Audio Communications, CBS, Nickelodeon, MTV, Time Warner, Reuters Graphics Reuters, Tiffany Network, National Football League, Fox, Amazon, MGM, U.S, Penguin Random, Walt Disney, Amusements, Paramount Global, BDT Capital Partners, , Paramount Pictures, Thomson Locations: U.S, Gulf, Western, NAI
National opinion polls show DeSantis trailing Trump by more than 20 percentage points. After touting his record as Florida governor for weeks on the campaign trail, DeSantis is slowly rolling out national policy programs. As part of his border plan, DeSantis would end so-called “catch and release” and would detain migrants crossing the border until their hearing dates; deny entry to any migrant at the border claiming political asylum; and tax remittances from migrants living in the country illegally to pay for the construction of a border wall. Trump has also pledged to end birthright citizenship and to continue the hardline immigration policies he instituted as president. While president in 2018, Trump said he planned to issue an executive order to limit birthright citizenship, but never followed through.
Persons: Ron DeSantis, Donald Trump, DeSantis, ” DeSantis, , Trump, , Ammar Moussa, Joe Biden's, James Oliphant, Colleen Jenkins, Mark Heinrich Our Organizations: U.S, Trump, House, Energy, Democratic National Committee, Supreme, Democratic, Thomson Locations: Florida, Mexico, Eagle Pass , Texas, Rio Grande, DeSantis ’, Trump, United States, Texas, California, Massachusetts
A particularly bitter battle is brewing over funds for the Justice Department, which has become a major target of Republicans who claim it is politically biased against the right, including former President Donald J. Trump. Right-wing lawmakers have pledged to cut the department’s budget and proposed a slew of restrictions on the agency, including defunding the special counsel overseeing investigations of the former president and withholding funding for a new F.B.I. It is not yet clear whether that measure will be added to the legislation. Such provisions could render many of the G.O.P.-written spending bills dead on arrival in the Democratic-controlled Senate, paving the way for a government shutdown if the disputes cannot be resolved by Sept. 30 or automatic spending cuts in early 2025 if Congress fails to clear all dozen of the individual spending bills. Adding so-called “riders” — provisions that sometimes have little to do with the underlying legislation — to appropriations bills was once a common practice for lawmakers seeking to influence policy on an array of hot-button issues, such as abortion and the environment.
Persons: Donald J, , Marjorie Taylor Greene, Trump Organizations: Justice Department, Trump, Republican, Twitter, Democratic, Capitol Locations: Georgia
The good, bad and ugly about BMI
  + stars: | 2023-05-22 | by ( Sandee Lamotte | ) edition.cnn.com   time to read: +8 min
Short for body mass Index, BMI is nothing more than a crude measurement of a person’s body fat based on height and weight. Yet critics say the term BMI has become a societal judgment by lumping individuals into arbitrary categories that perpetuate misconceptions about body weight. “Yet it has become completely medicalized that health equals weight, weight equals health based on BMI. Conversely, BMI can underestimate body fat in older adults and anyone who has lost muscle, according to the Harvard T.H. More conundrums: Women naturally have more body fat and less muscle mass than men, while some racial and ethnic groups are genetically predisposed to carry more or less lean muscle mass and body fat.
The FBI’s Catholic Canard
  + stars: | 2023-02-16 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
House Republicans are accusing the Federal Bureau of Investigation of political bias, and the bureau certainly isn’t helping its own defense. See its retraction of a field-office report lumping some “traditionalist” Catholics with “violent extremists” and calling for government investigation. A whistleblower last week leaked a January report from the FBI’s Richmond office entitled: “Interest of Racially or Ethnically Motivated Violent Extremists in Radical-Traditionalist Catholic Ideology Almost Certainly Presents New Mitigation Opportunities.”
UAE will look to a world beyond OPEC
  + stars: | 2022-12-19 | by ( George Hay | ) www.reuters.com   time to read: +3 min
The UAE has chafed at OPEC restrictions before, in 2020 and 2021. OPEC’s alliance with Russia, as part of the wider OPEC+ group, similarly risks lumping its members in with a wider anti-Western bloc. But ADNOC’s accelerated oil production timetable is arguably more in keeping with a different outlook, preferred by the International Energy Agency, whereby oil demand peaks much sooner. If MbZ were to use the COP28 conference to make that more explicit, it could push the UAE further away from OPEC. And quitting OPEC to pump more oil would be awkward while hosting a climate conference.
Both scenarios would be an appropriate final act to the first World Cup staged in an Arab country. But for a month the so-called beautiful game did, in the words of FIFA president Gianni Infantino, spread some joy. The marquee names of Messi, Kylian Mbappe, Neymar and Cristiano Ronaldo delivered storylines. In five second-half minutes Saleh Al-Shehri and Salem Al-Dawsari wrote themselves into Saudi sporting folklore by scoring the goals to overturn a Messi penalty and seal the biggest statistical shock in World Cup history. Messi, channelling his inner-Maradona, inspired Argentina to beat Croatia and few would begrudge the diminutive number 10's record-breaking 26th World Cup appearance ending with him holding aloft the gleaming trophy.
Congress should require colleges to give students an accurate price for the cost of attendance, the Government Accountability Office said in a recent report that found that most colleges fail to provide all the financial information students need. Prospective college students usually receive a financial aid letter from schools once they are accepted. “Federal law doesn’t require colleges to include clear, standard information in all of their financial aid offers. The bill is one of many legislative efforts that aim to provide students and their families better information about the cost of college. In addition, last month, the Department of Justice released new guidance that aims to make it easier to have federal student loan debt discharged in bankruptcy – a particularly difficult legal process under the previous policy.
Sen. Bernie Sanders on Sunday blasted fellow Sen. Kyrsten Sinema as a "corporate Democrat." Sanders on CNN's "State of the Union" said Sinema has "sabotaged enormously important legislation." Sinema on Friday announced that she was leaving the Democratic Party to become an Independent. "She is a corporate Democrat who has, in fact, along with Senator Manchin sabotaged enormously important legislation." Sinema will retain her committee assignments through the Democratic Party going forward, meaning that 51-49 balance will hold despite her switching to become an Independent.
Chris Lemons was a saturation diver for 10 years working on oil fields on the North Sea floor. "They all seemed like enigmas a little bit," Lemons said about seeing saturation divers emerge from their chamber. For eight years, Lemons was required to work as an air diver to gain experience for saturation diving courses, which he eventually did in Marseille, France, before spending 10 years as a saturation diver. Life in the pressurized chamberLemons joked that the most important skill for being a saturation diver isn't diving, but being personable enough to live in the pressurized chamber. Now, Lemons publicly speaks about his career as a saturation diver, and talks about the incident to promote safety and share what he learned from the experience.
With world champions France and Denmark favourites to progress from the group, Tunisia and Australia had targeted their clash in the Al Janoub Stadium as a must-win game. But Australia's first World Cup victory in 12 years was not simply the result of a dogged rearguard action. In their last 10 games Tunisia's defence had only been breached by Brazil, but unless goal-scoring opportunities can be converted, any side's World Cup campaign is doomed to failure. The 32-year-old striker Youssef Msakni, who has waited so long for his World Cup chance, will wonder how he did not score just before the break, steering a close-range shot wide. By that stage Tunisia were desperately seeking a way through the massed Australian ranks, even lumping long balls forward.
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