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☆ Kylian Mbappé and Real Madrid: Soccer’s never-ending transfer saga
▼ + stars: | 2023-09-17 | by ( Thomas Schlachter | ) edition.cnn.com time to read: +12 min

This, of course, is Kylian Mbappé’s much discussed, potential move from Paris Saint-Germain (PSG) to Real Madrid. The first time Real Madrid came calling for the boy from Bondy was when the forward was just 13 years old. Zinedine Zidane watches on as Mbappé plays against his Real Madrid team in 2019. I mean, that tells you the story through that.”Jude Bellingham (C) and Vinícius Júnior (R) are leading the next generation of Real Madrid stars. “The biggest failure for me would be that Real Madrid didn’t have a plan B if the Mbappé signing didn’t happen,” he adds.

Persons: Germain, Mbappé, Zinedine Zidane, ” Mbappé, ‘ Zidane, ’ ”, Anthony Dibon, Blancos, Emmanuel Macron, Macron, France’s, “, ”, ” France's, Francois Mori, Lindsay Sarah Krasnoff, it’s, Krasnoff, Bleus, –, de Cordée, Anne, Christine Poujoulat, ” Nabil Larbi, Billie Jean King’s, undesirables ’, PSG President Nasser Al, Kirill Kudryavtsev, David Beckham, Ronaldo Nazário, Zidane, Cristiano Ronaldo, Kaká, Florentino Pérez, Álvaro Romeo, Vinícius Jr, Jude Bellingham –, Dani Carvajal, I’m, ” Carvajal, ” Romeo, Romeo, he’s, ” Jude Bellingham, Vinícius, Jorge Guerrero, Merengues, Real, they’ve, Karim Benzema, Joselu Organizations: CNN, Paris Saint, PSG, AS Monaco, Real Madrid, Real, Players ’ Tribune, French national, League, The New York Times, Getty, CNN Sport, peerless, Fifth, Stade de France, Stade France, French, PSG President, City, Spain Real Madrid, Madrid Locations: Paris, Real Madrid, Madrid, Bondy, Spain, France, Fifth Republic, Republic, AFP, Greater Paris, Mbappé, Cameroon, Algeria, Bondy’s, Japan, City of, Spanish, Real, Saudi Arabian, Ittihad

☆ Franklin Templeton's Jennifer Johnston on muni bonds: Buy bonds with robust security provisions
▼ + stars: | 2023-09-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFranklin Templeton's Jennifer Johnston on muni bonds: Buy bonds with robust security provisionsJennifer Johnston, SVP and director of municipal bond research Franklin Templeton, joins 'The Exchange' to discuss the tax advantage nature of MUNI investments, shifting investments from treasuries to MUNIs, and the credit fundamentals of the MUNI market.

Persons: Franklin, Jennifer Johnston, Franklin Templeton Locations: treasuries

☆ All Blacks rout Namibia 71-3 in Toulouse deluge
▼ + stars: | 2023-09-15 | by ( Lawrence White | ) www.reuters.com time to read: +4 min

The All Blacks' discipline continues to be an issue even in games like this one where they are in complete control. They conceded 11 penalties to Namibia's seven, as well as seeing de Groot given a red card for a high shot. Namibia left slightly worse off than the 71-9 margin when these sides met in the last World Cup. The crowd were on their feet to applaud Malan as he raised a fist from his stretcher on the way off, defiant amid disaster. Reporting by Lawrence White and Nick Mulvenney, editing by Pritha SarkarOur Standards: The Thomson Reuters Trust Principles.

Persons: Stephane Mahe, de Groot, McKenzie, Namibia's Malan, Cam Roigard, Flyhalf Damian McKenzie, Ethan de Groot, I'm, Allister Coetzee, Winger Caleb Clark, Samisoni Taukei'aho, Ofa Tuungafasi, Beauden Barrett, Swanepoel, bayed, Namibia Le Roux Malan, Coetzee, Malan, Lawrence White, Nick Mulvenney, Pritha Sarkar Organizations: Rugby Union, Rugby, de Toulouse, Blacks, Leicester Fainga'anuku, New, Italy, Uruguay, Thomson Locations: Zealand, Namibia, Toulouse, France, TOULOUSE, New Zealand

☆ Don't let the tax break drive your search for munis. How to find the right fit for your portfolio
▼ + stars: | 2023-09-14 | by ( Michelle Fox | ) www.cnbc.com time to read: +5 min

Income investors love municipal bonds for their tax advantages, but they may not necessarily be making the best choice for their portfolio. The interest earned on munis is generally exempt from federal income tax and, in some cases, state tax. That means a muni bond yielding 3.7% can reach over 6% on a tax-adjusted basis for those in the highest tax bracket. For instance, if muni bonds are yielding 3% and Treasurys are at 4%, the answer is 0.75. "If your tax rate is above that number, you should buy munis," Pate said.

Persons: Richard Carter, Brian Barney, Fidelity's Carter, Wesly Pate, muni, " Pate, Carter, Paul Malloy, Pate, Barney, Research's Pate Organizations: Fidelity, Management, Vanguard Locations: munis, muni, Boston

☆ In April, Trump said his private-jet LLC was worth no more than $1,001. Then in July, he said it was worth up to $25 million. Why?
▼ + stars: | 2023-09-14 | by ( Mattathias Schwartz | ) www.businessinsider.com time to read: +6 min

Revised Trump ethics filings show massive shifts in the value of some Trump entities. In an April filing with the Office of Government Ethics, Trump claimed that the TAG Air had a value of $1,001 or less. Then, in a revised July filing, Trump valued TAG Air at between $5 million and $25 million. During the 2016 campaign, taxpayers reportedly paid TAG Air $1.6 million to cover the cost of transporting the Secret Service agents charged with protecting him. Here is Trump's first financial disclosure form, filed in April:And here is Trump's revised financial disclosure form, from July, in two parts.

Persons: Trump, Donald Trump, Letitia James, Steven Cheung, James's, Mike Pence's, General James, Richard W, Painter Organizations: Trump, Service, Trump Organization, New York, TAG Air, Inc, Boeing, Government, TAG, Secret Service, United Arab, China, Management, Briarcliff Manor Development, White, University of Minnesota, Chase Manhattan Bank Locations: cryptocurrency, Iran, China, Ukraine, Wall, Silicon, New York State, York, Ethereum, Turkey, Qatar, United Arab Emirates, Saudi Arabia, Taiwan, South Korea, Ireland, Briarcliff Manor

☆ Danilo Cavalcante: Escaped Pennsylvania killer has been captured. Here's what happens next
▼ + stars: | 2023-09-14 | by ( Nouran Salahieh | ) edition.cnn.com time to read: +9 min

CNN —The convicted murderer who escaped a Pennsylvania prison late last month is once again behind bars, now facing additional charges, after a nearly two-week manhunt that captured national attention and put the surrounding community on edge. Officers escort Danilo Cavalcante from a Pennsylvania State Police barracks in Avondale on Wednesday. “He said the law enforcement presence where he was, was immense and he felt that he needed to leave,” Clark said. “Three times, he described that law enforcement officials almost stepped on him within 7 or 8 yards,” Clark said. Prosecutors say Cavalcante stabbed Brandão 38 times in front of her two young children in Pennsylvania in April 2021.

Persons: Danilo Cavalcante, Cavalcante, George Bivens, Cavalcante’s, Danilo, hunkering, Matt Rourke, – Cavalcante, Bivens, ” Bivens, ” Cavalcante’s, David Sassa, Sassa, CNN’s Laura Coates, “, ” Sassa, Robert Clark, ” Clark, CNN’s Erin Burnett, Clark, –, CNN Cavalcante, ”, Service Philadelphia Cavalcante, isn’t, ” Josh Maxwell, Maxwell, “ There’s, ” Cavalcante, Deb Ryan, Ryan, Deborah Brandão, Brandão, ” Ryan, Sarah Brandão, Sarah Organizations: CNN, Pennsylvania, Police, Correctional Institution, Pennsylvania State Police, South Coventry Township –, Philadelphia Eagles, Alcohol, Tobacco, Firearms, Explosives, FBI, Wednesday US, Service Philadelphia, Prosecutors Locations: Pennsylvania, South Coventry Township, Cavalcante, Montgomery County, Chester, Philadelphia, Avondale, South Coventry, Chester County, Canada, Pennsylvania’s

☆ Affordable Housing Crisis in US West: Why It's Hard to Build New Homes
▼ + stars: | 2023-09-13 | by ( Kyle Paoletta | ) www.businessinsider.com time to read: +15 min

The solution to keep prices under control seems fairly simple: Just build more housing. For a time, sprawl boosted housing supply and accommodated newcomers to the West: Nearly 60 million more people live in the region now compared with the 1950s. Running out of landWhen the economy crashed in 2008, housing construction screeched to a halt. All this red tape has caused a serious slowdown in much-needed housing construction. Build, build, buildDespite the unique challenges of building in the paradoxically wide-open West, some cities have been able to break through.

Persons: Mike Segrest, Megan Lawson, Kyle Stevens, Carrier Johnson, “, Lawson, Land Management . Nevada Sen, Catherine Cortez Masto, Kyle Roerink, Hillary Schieve, Schieve, Howard Blackson, Kyle Paoletta's Organizations: Forest Service, Southern Ute, Marin Headlands, Bureau, Land Management ., Water Network, Biggest, Biggest Little City, Housing Administration, Harper's Magazine, New York Magazine, Oasis Locations: Colorado, Durango ., it's, Animas, San Juan Mountains, Durango, Las Vegas, Montana, Houston, Minneapolis, Rocky, Phoenix, Denver, Mississippi, San Diego, San Jose , California, Marin County, San Francisco, Santa Fe , New Mexico, Jackson , Wyoming, California, Land Management . Nevada, Vegas, Reno , Nevada, Reno, Cumulatively, Biggest Little, Summit, Washington

☆ ‘We knew ahead of time’: A decade of turmoil left Libya unprepared for natural disasters
▼ + stars: | 2023-09-13 | by ( Nadeen Ebrahim | ) edition.cnn.com time to read: +10 min

Split between two rival administrations since 2014 and having failed to hold presidential elections, Libya faces an uphill battle when it comes to severe natural disasters. Planet Labs PBC/AP Planet Labs PBC/AP Satellite images show Derna, Libya on September 2, before the flooding, left, and after the dams collapsed, right. Responding to criticism regarding lack of preparedness by the LNA, Al-Mismari said that in such situations, 50% of the responsibility falls on authorities (LNA) and 50% falls on citizens. Turkey, which backs the Tripoli government, also said it is mobilizing personnel and supplies to assist authorities in eastern Libya. Tamer Ramadan, head of international Federation of Red Cross and Red Crescent Societies (IFRC) in Libya, told CNN Tuesday that the issue of rival governments in Libya does not affect their operation.

Persons: Storm Daniel, Khalifa Haftar –, ”, Anas El Gomati, Moammar Gadhafi, Abdulhamid Dbeibeh, Haftar, Jalel Harchaoui, ‘, ’, Harchaoui, Gomati, Osama Hamad, Osama Aly, ” Aly, “, Al Hurra, Jamal Alkomaty, ” Harchaoui, Ahmed al, Mismari, Al, ” Gomati, there’s, Ramadan, ” Ramadan Organizations: CNN, Planet Labs PBC, AP Planet Labs PBC, AP, ISIS, Libya –, Sadeq Institute, NATO, Libyan National Army, Royal United Services Institute, Emergency, Ambulance Service, Twitter, Analysts, United Nations, United, United Arab Emirates, Civil Protection Department, Federation of Red, Red Crescent Societies Locations: Libya, Split, Libyan, Derna, Greece, Morocco, “, Tripoli, Benghazi, “ Libya, London, Cyrenaica, tatters, Derna’s, Al, Italy, Egypt, Russia, United Arab, Algeria, Turkey

☆ Employee benefits season is coming. Prepare these tax-advantaged accounts for growth
▼ + stars: | 2023-09-13 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

An opportunity to maximize tax-favored growth in your investment account is around the corner: employee benefits season. But it's also prime time to check in on contributions to and the underlying investments in 401(k) plans, individual retirement accounts and health savings accounts, which can offer a bevy of tax benefits. Enter asset location, which involves positioning the assets with the highest growth prospects and yield for growth and tax efficiency. "And too many people in my opinion are unlikely to touch their retirement accounts for more than a decade, and yet a lot of it is in cash or cash-like investments." In contrast, tax-deferred retirement accounts could be split 80/20 for workers who are early to mid-career, McLoughlin said.

Persons: it's, Barry Glassman, Glassman, Sam, Roth, Roth IRAs, Brenna McLoughlin, McLoughlin Organizations: Wealth Services, CNBC's, Wealthstream Advisors

☆ Norway's Labour loses regional vote after a century on top
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: +1 min

[1/3] Norwegian Prime Minister Jonas Gahr Store receives the election day forecasts at the Labor Party's election vigil during the municipal election 2023, in Oslo, Norway September 11, 2023. Terje Pedersen/NTB/via REUTERS Acquire Licensing RightsOSLO, Sept 11 (Reuters) - Norway's governing Labour Party fell to second place behind the Conservatives in Monday's regional and municipal election, a preliminary count showed, the first time since 1924 that the leftwing group failed to finish first in a nationwide vote. With 60% of ballots counted, Labour had won 21.8% of the vote, official data showed, down from 24.8% in 2019, while the Conservative Party stood at 25.8%, up from 20.1% four years ago. While the setback deepens Labour's woes, Prime Minister Jonas Gahr Stoere has said he will continue to lead his minority coalition government regardless of the regional vote's outcome, which does not affect the composition of parliament. Labour and the rural-oriented Centre Party, in government since 2021 following a landslide for leftwing parties, next face an election for parliament in 2025.

Persons: Jonas Gahr, Terje Pedersen, Jonas Gahr Stoere, Erna Solberg, Terje Solsvik, Gwladys Organizations: Norwegian, Labor, REUTERS Acquire, Rights, Labour Party, Labour, Conservative Party, Soaring, Party, Conservative, Thomson Locations: Oslo, Norway, Rights OSLO, Monday's

☆ These safe assets offer yields exceeding 5%. Why investors shouldn’t lean too heavily on them
▼ + stars: | 2023-09-11 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

The Fed's rate-hiking campaign gave investors an opportunity they haven't seen in years: Risk-free returns are finally interesting. Six-month Treasurys are yielding 5.5%, while a bevy of money market funds are offering 7-day yields exceeding 5%, according to Crane Data . However, at some point, rates will come down — and investors hiding in short-term, high-yielding assets could find themselves with no place to go. That means investors could be left with few places to go for attractive yields in a lower rate environment as their shorter-term assets mature — known as reinvestment risk. The benefit of laddering when rates are high is that the longer-dated bonds will have already locked in the higher yields.

Persons: There's, we've, Crystal Cox, Matthew McKay, McKay, Jerrod Pearce, Pearce, Wealthspire's Cox Organizations: Federal Reserve, Data, Wealthspire Advisors, Briaud Financial, CFP, Creative Planning

☆ Russian regional vote delivers strong result for Putin amid claims of rigging
▼ + stars: | 2023-09-10 | by ( ) www.reuters.com time to read: +4 min

But in the regions voting, electoral competition was limited, as strong candidates, including some from Russia's main opposition Communist Party, were blocked from running by authorities. Across the country, United Russia won every provincial governor's race it contested. Among the regional chiefs re-elected was powerful Moscow Mayor Sergei Sobyanin, a close Putin ally. Similar systems have been rolled out in many other Russian regions. According to Russian officials, United Russia received large majorities in the regions, taking at least 70% of the vote in each.

Persons: Vladimir Putin, Europe's, Putin, Stanislav Andreychuk, Andreychuk, Sergei Sobyanin, Sobyanin, Yoshimasa Hayashi, Moscow's, Felix Light, Lidia Kelly, Leslie Adler Organizations: of Europe, Putin's United, Communist Party, United Russia, Kyiv, United, Thomson Locations: Russia, Ukraine, Kyiv, Ukraine's, Putin's United Russia, Russian, Moscow, Kremlin, Donetsk, Luhansk, Zaporizhzhia, Kherson, United Russia, Bakhmut, Tbilisi, Melbourne

☆ If a single farm produced all the food wasted in the US, it would be the size of California and New York combined. We're the culprits.
▼ + stars: | 2023-09-10 | by ( Tim Paradis | ) www.businessinsider.com time to read: +10 min

The land used to produce food that's wasted in the US totals the size of California and New York. If all that food came from a single farm, it would be about the size of California and New York combined. Some states don't allow food to be donated after the quality date has passed — another source of unnecessary food waste, advocates say. Thinking about food waste at every mealMelgar is focused on policy goals like setting standards around food-date labels because changing consumer habits can be tough. "I'm thinking about food waste every time I have a meal, every time I go grocery shopping," Melgar said.

Persons: Danielle Melgar, aren't, Melgar, Danielle, It's, Dana Gunders, Emily Broad Leib, Broad Leib, there's, Gunders, —, it's, she'd, who's Organizations: Service, Environmental Protection Agency, Food Law, Clinic, Harvard Law School, US Department of Agriculture Locations: California, New York, Wall, Silicon, Michigan, San Francisco

CNN —As Germany’s far-right Alternative for Germany (AfD) grows ever popular, the country’s once dominant Christian Democratic Union (CDU) party finds itself at a crossroads. The center-right CDU was in power for much of Germany’s post-war era and oversaw the reunification of East and West Germany. Max Schwarz/ReutersBerlin’s CDU mayor, Kai Wegner, took to X to write: “What cooperation is there to be had? Populist parties as ‘lightning rods’The CDU’s Michael Kretschmer, state premier of Saxony, believes a shift in policy is the best approach for democratic parties to stop the rise of the far-right. Opinion polls in his state, one of the five that make up Germany’s former east, put the AfD in the lead; Saxony has long been a stronghold for the far-right party.

Persons: Angela Merkel, Friedrich Merz, shockwaves, Merz, Merz backpedaled, ”, Robert Sesselmann, Max Schwarz, Kai Wegner, Jörg, “, ” “, Kühne, ” Tino Chrupalla, John MacDougall, Merkel, it’s, sadi, Michael Kretschmer, Kretschmer Organizations: CNN, Christian Democratic Union, CDU, East, Social, Green Party and Free Democrats, ZDF, Reuters Berlin’s CDU, INSA, New, SPD, Greens, ARD, Bundestag, Getty, Federal Criminal Police, UN, UNHCR, “, Citizens Locations: Germany, West Germany, Sonneberg, Thuringia, Germany’s, Saxony, Leipzig, West, East Germany, East Germans, West Germans, Saxony Anhalt, Ukraine, Poland, Syria

☆ Russian Regional Vote Delivers Strong Result for Putin Amid Claims of Rigging
▼ + stars: | 2023-09-10 | by ( Sept. | At P.M. | ) www.usnews.com time to read: +4 min

Persons: Vladimir Putin, Europe's, Putin, Stanislav Andreychuk, Andreychuk, Sergei Sobyanin, Sobyanin, Yoshimasa Hayashi, Moscow's, Felix Light, Lidia Kelly, Leslie Adler Organizations: Reuters, of Europe, Putin's United, Communist Party, United Russia, Kyiv, United Locations: Russia, Ukraine, Kyiv, Ukraine's, Putin's United Russia, Russian, Moscow, Kremlin, Donetsk, Luhansk, Zaporizhzhia, Kherson, United Russia, Bakhmut, Tbilisi, Melbourne

☆ India makes clean energy push at G20 with global biofuel alliance
▼ + stars: | 2023-09-09 | by ( Nidhi Verma | ) www.reuters.com time to read: +2 min

A general view of the venue for the G20 summit in New Delhi, India, September 9, 2023. REUTERS/Amit Dave/File Photo Acquire Licensing RightsNEW DELHI, Sept 9 (Reuters) - India announced on Saturday the launch of a global biofuel alliance at a G20 summit in New Delhi to boost the use of cleaner fuels. "We are launching the Global Biofuel Alliance. The push for a biofuels alliance mirrors the International Solar Alliance launched by New Delhi and Paris in 2015 to bring clean and affordable solar energy within the reach of all. The alliance will help by encouraging global biofuels trade, developing concrete policies on lesson-sharing and promoting provision of technical support for national biofuels programmes worldwide, Oil Minister Hardeep Singh Puri said in July.

Persons: Amit Dave, Narendra Modi, Hardeep Singh Puri, Nidhi Verma, Shivam Patel, Jacqueline Wong, Kim Coghill Organizations: REUTERS, Global, Alliance, India, Solar Alliance, New, International Energy Agency, Oil, Thomson Locations: New Delhi, India, DELHI, United States, Brazil, Paris

☆ Philadelphia Police Officer Charged in Fatal Shooting
▼ + stars: | 2023-09-08 | by ( Remy Tumin | More About Remy Tumin | ) www.nytimes.com time to read: +1 min

A Philadelphia police officer was charged with murder after he fatally shot a 27-year-old man who was in his car at near point-blank range, prosecutors announced on Friday, weeks after top police officials announced that body camera footage of the killing showed a different account than what the officer initially described. Dial fatally shot Mr. Irizarry around noon on Aug. 14 after what the police initially said was a car chase ending in Mr. Irizarry lunging at them with a knife. But police officials said two days later that body camera footage showed that the man was still in his car when the officer shot him. The fatal shooting and changing account sparked community anger and protests. In an unusual move, Judge Christian DiCicco of the Philadelphia Municipal Court set bail for Mr.

Persons: Mark Dial, Eddie Irizarry, Dial, Irizarry, Christian DiCicco Organizations: Philadelphia Municipal Locations: Philadelphia

Public schools with no air conditioning or whose cooling systems are inoperable due to power outages blamed on a hurricane-battered electric grid are seeking relief, but it’s unlikely they’ll find it soon. Pedro Pierluisi quietly vetoed a bill that called for air conditioning systems for public schools. But air conditioning remains rare at public schools, which depend on fans and trade winds that blow through windows with metal shutters. It's unknown how many public schools lack air conditioning or have air conditioners that don't work because of electrical problems. More than 50% of public schools also have reported a heat-related emergency.

Persons: Ángel Muñiz, ”, Puerto Rico, Odalys Martínez, Pedro Pierluisi, “, Yasim Sarkis, “ There’s, ” Sarkis, Hurricane Maria, Sheila Angleró, Edwin Morales, it's, Raúl González, they've, Ángel Matos García, Sarkis ’, Sarkis, you’ll Organizations: JUAN, —, National Weather Service, Puerto Rico, “, Gov, Hurricane, Associated Press, Department of Education, island’s Federation of Teachers, Puerto Rico’s Association of Teachers, Puerto Rico’s, Representatives Locations: Puerto Rico, U.S, Caribbean, Puerto, San Juan, saunas, Bermuda

☆ Kroger Agrees to Pay $1.2 Billion to Settle Opioid Claims
▼ + stars: | 2023-09-08 | by ( Rebecca Robbins | More About Rebecca Robbins | ) www.nytimes.com time to read: +2 min

Background: Pharmacy chains have been settling opioid claims. Three large pharmacy chains that compete with Kroger — Walgreens, CVS Health and Walmart — reached similar settlements last year totaling about $13 billion. The claims against Kroger and its competitors have focused on the role of their pharmacies in flooding communities with legal painkillers. Why It Matters: Opioid settlement money is funding recovery efforts. Kroger said on Friday that the opioid settlement agreement would not impede the merger.

Persons: Kroger, Walmart —, overprescribing, Josh Stein, ”, Harris, Jan Hoffman Organizations: Kroger, Walgreens, CVS Health, Walmart, Rite, Albertsons Locations: Washington State, West Virginia, North Carolina

☆ This health-care stock is set to complete another spin-off. Here's what it means for our position in the stock
▼ + stars: | 2023-09-08 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +6 min

Veralto will consist of two primary divisions – water quality and product quality & innovation – which generated nearly $5 billion in combined sales in 2022 under the Danaher roof. The water quality unit contributed about 60% of that figure. Bottom line We expect to stay invested in both Danaher and Veralto once the spin-off is completed and the tax-free share distribution occurs on Sept. 30. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.

Persons: we're, Jennifer Honeycutt, Melissa Aquino, –, Sameer Ralhan, Ralhan, Danaher, Veralto, they're, Jim Cramer's, Jim Cramer, Jim, Joe Raedle Organizations: Wall Street, Veralto's, CNBC, Miami, Getty Locations: Danaher, Veralto, New York, U.S, . New York City

[1/3] View of deserted roads ahead of the G20 summit in New Delhi, India, September 8, 2023. Nearly 130,000 police and paramilitary security personnel have been deployed across the city, mostly in the New Delhi district, with the air force providing cover from aerial threats. "While the entire country is a host, Delhi will bear maximum responsibility" for the G20 summit, Modi said. “The tourists coming to Delhi for G20 should look at our shops, buy something. Newspaper advertisements that the Delhi Police has been publishing every day with traffic advisories and route maps for the general public, say: “India is proud to host the 18th G-20 Summit”.

Persons: Francis Mascarenhas, Joe Biden, Olaf Scholz, Emmanuel Macron, Saudi Arabia's Mohammed Bin Salman, Japan's Fumio, Sanjeev Mehra, Narendra Modi, Modi, Yashowarthan, ”, Bhava ”, Krishn Kaushik, Joeseph Campbell, Mayank Bhardwaj, YP Rajesh, Raju Gopalakrishnan Organizations: REUTERS, India, U.S, Market Traders Association, Authorities, Delhi Police, New Delhi Municipal Corporation, Offices, YP, Thomson Locations: New Delhi, India, DELHI, Saudi, capital's, Connaught, Delhi, Taxis, Dariba Kalan

☆ This year’s hot yields could be 2024’s tax hit. Here’s how to prepare
▼ + stars: | 2023-09-08 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +4 min

The Crane 100 Money Fund Index has an annualized 7-day current yield of 5.16% as of Thursday. This way, you're deferring the tax hit on the income until you begin to draw down from the account. To that effect, some money market funds invest in municipal bonds and thus produce tax-exempt income. Investors in high-tax locales may be especially interested in state-specific tax-exempt money market funds. The Fidelity New York Municipal Money Market Fund (FAWXX) carries an expense ratio of 0.42%, and it has a 7-day yield of 3.34%.

Persons: US3M, Tim Steffen, Baird, you've, Jerrod Pearce, Pearce, Steffen Organizations: Internal Revenue Service, Creative Planning, Vanguard, Money Market Fund, SEC, Fidelity New York Municipal Money Market Fund Locations: Vanguard California

☆ Income investors go back to school. These munis offer an opportunity as property values rise
▼ + stars: | 2023-09-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Local municipal general obligation bonds help fund operations or specific projects. Right now, yields for local general obligation munis are historically attractive at about 3.7%, said Cooper Howard, fixed income strategist for the Schwab Center for Financial Research. In general, the credit quality of local general obligation munis are pretty solid, said Richard Schwam, a municipal credit research analyst at AllianceBernstein. "There are so many general obligation bonds in the country that you can stay away from anything too tiny. Weinberg also recommended diversifying with multiple states, but cautioned that buying a bond outside of your state means you'll likely be subject to state income tax.

Persons: It's, Cooper Howard, Howard, Richard Schwam, Schwam, Schwab's Howard, bode, Ian Weinberg, Weinberg Organizations: Schwab Center, Financial Research, AAA, San, Family Wealth, Pension Management, Schwab's Municipal, Bond Locations: California, New York, San Francisco

[1/5] A Municipal Corporation of Delhi (MCD) official catches a stray dog using a rod with a loop, near Indira Gandhi International Airport ahead of the G20 summit in New Delhi, India, September 5, 2023. The Municipal Corporation of Delhi (MCD) did not directly link the removal of stray dogs to the summit, stating that the canines are being picked up "only on an urgent need basis". Reuters' witnesses saw MCD teams capturing dogs using rods with a loop at one end. Sanjay Mohapatra, founder of the House of Stray Animals NGO, termed the action "needless". "If delegates see people feeding stray dogs, it will actually create a good impression of the country," he said.

Persons: Anushree, Joe Biden, Rishi Sunak, Prince Mohammed Bin Salman, Justin Trudeau, Fumio Kishida, Ambika Shukla, Sanjay Mohapatra, Friendicoes, Geeta Seshamani, Anushree Fadnavis, Sakshi Dayal, Raju Gopalakrishnan Organizations: Municipal Corporation of Delhi, Indira Gandhi, Airport, REUTERS, Authorities, U.S, British, Canadian, Japanese, Reuters, Animals, Stray Animals, Thomson Locations: New Delhi, India, DELHI, Delhi, Saudi

☆ Birmingham City Council: How an equal pay claim took down Britain's second-biggest city
▼ + stars: | 2023-09-06 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

London CNN —Birmingham — the biggest British city after London — is in dire financial straits. “Local government is facing a perfect storm,” Sharon Thompson, Birmingham City Council’s deputy leader, said in remarks broadcast Tuesday. How Birmingham went bustThompson blamed Birmingham’s financial troubles partly on an outstanding £760 million ($950 million) legal bill pertaining to the equal pay claims, which resulted from a Supreme Court ruling in 2012. The original case was brought by 174 former council employees, all except four of whom were women. They argued that this breached the equality clauses of their employment contracts under the Equal Pay Act of 1970 — and the court agreed.

Persons: London —, ” Sharon Thompson, Thompson, —, Shaun Davies, Rishi Sunak, England —, ” Organizations: London CNN — Birmingham, Birmingham City Council’s, Birmingham City, National Audit Office, Local Government Association, UK, Special, Municipal Authorities Locations: London, United Kingdom, “, Birmingham, England, —, West Midlands, Yorkshire, Croydon, Woking

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