Tuesday, September 3, 2024

Massive Israeli Protest, Polaris Launch Set, and a Coastal Landslide

Half a million protesters took to the streets of Tel Aviv and across Israel Sunday night, demanding a cease-fire agreement and the release of the remaining hostages held by Hamas. 
͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌   ͏ ‌  
Politics

Vice President Kamala Harris announced her opposition to the sale of U.S. Steel to Japan's Nippon Steel during a Pittsburgh campaign event with President Joe Biden. (More)

Germany's anti-immigration Alternative for Germany party won a "historic success" in the eastern state of Thuringia, the first time since World War II that a party labeled "far-right" won a state parliament election. (More)

The NFL's Philadelphia Eagles are removing a series of counterfeit political ads that have cropped up around Philadelphia, purporting to be an endorsement of Vice President Kamala Harris' presidential campaign. (See Photo)

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7 of the Biggest RMD Mistakes People Make

When it comes to Required Minimum Distributions (RMDs), even the most seasoned investors can make costly mistakes.

The IRS requires you to begin taking these distributions from certain retirement accounts after reaching age 73. If not properly planned for, these distributions could take a tax toll on your retirement nest egg. Want to find out how to avoid 7 of the biggest RMD mistakes people make? Learn more here.

Consulting a fiduciary financial advisor can be a great first step to factoring RMDs and the potential tax repercussions into your retirement plan. Try SmartAsset's free quiz to get matched with up to 3 vetted financial advisors serving your area, each legally bound to work in your best interest. Get your financial advisor matches today.

Sports

➤ San Francisco 49ers wide receiver Ricky Pearsall, who was shot during an attempted armed robbery, was discharged from the hospital just one day after being shot in the chest. (More)

➤ Chicago Sky rookie Angel Reese broke the WNBA's single-season rebounding record on Sunday, reaching 418 rebounds in 32 games during a 74-79 loss to the Minnesota Lynx. (More

➤ Milwaukee Brewers shortstop Willy Adames hit his 12th three-run homer of the season Saturday, matching Sammy Sosa's feat in 2000 and approaching Ken Griffey Jr.'s record of 13 set in 1996. (More

➤ Yesterday's Results: MLB | WNBA | US OPEN | Paralympics

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2024 Election Countdown
Today's election section is brought to you by:

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Election Countdown: 64 Days

CheckmarkBillionaire Mark Cuban asked his followers on X whether they would prefer their children to grow up to be like Donald Trump or Kamala Harris. Trump dominated the vote, 70% to Harris’ 30% (See Details)

CheckmarkTeamsters president Sean O’Brien says he hasn't made an endorsement yet because "you don't hire someone unless you give them an interview." He says he’s awaiting a meeting with Vice President Kamala Harris to discuss labor issues. (More)

CheckmarkA federal judge blocked an Ohio law banning foreign nationals from donating to ballot campaigns, citing constitutional free speech protections for lawful permanent residents. (More)

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Finance

Hotel workers across major U.S. cities began a three-day strike, seeking higher wages and better working conditions. A list of affected hotels is here. (See List)

Brazilian users of Elon Musk's X risk daily fines of nearly $9,000 for accessing the court-banned platform, far exceeding the average annual wage, amid a growing free speech debate. (See Details)

Disney networks, including ABC and ESPN, went dark on DirecTV amid a carriage dispute, affecting 11 million subscribers ahead of major sports events. (More)

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Capital Gains Exemptions for Seniors

Planning for retirement taxes can be crucial to effectively manage your finances once you’ve left the workforce, especially if you’re still investing to grow your wealth. 

For example, if you’re 73 and have taxable investment accounts, a 401(k) or IRA, and Social Security benefits, the combination of capital gains tax, RMD tax, and any taxable Social Security benefits could potentially push you into a higher tax bracket. That’s why minimizing capital gains tax can be an important step to maximizing your retirement income. So, how can seniors avoid them? Learn more.

Looking for help optimizing a tax strategy and potentially lowering your tax bracket? Consulting a financial advisor is a great first step. A fiduciary can also help you make smart investments and refine your retirement plan. Try SmartAsset's no-cost tool to get matched with up to 3 vetted financial advisors serving your area. Take the quiz.

Science & Technology

Polaris Dawn, SpaceX's historic civilian mission featuring the first commercial spacewalk, is set to launch Wednesday after delays and FAA clearance. (See Details)

Meanwhile, NASA solved the mystery of "strange noises" from Boeing's Starliner spacecraft, attributing the pulsating sound to audio feedback between the station and capsule. (More)

Earthquakes trigger quartz to form giant gold nuggets by generating electric charges that cause dissolved gold to precipitate and cluster, a new study finds. (See Details)

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Travel Tuesday

➤ Travelers revealed their choice of the most incredible swimming spots worldwide, from the Galápagos Islands to Nordic lakes. (See Photos)

➤ The GoldenPass Express, an ultra-luxury train in Switzerland, offers panoramic views and seamlessly switches between track gauges during its scenic Alpine journey. (See Photos)

➤ Brooklyn restaurant Bang Bang Bangkok offers a virtual bus tour of Thailand’s capital with projection tech and a 10-course menu—no plane ticket needed. (See Photos)

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Et Cetera

A worsening landslide in Rancho Palos Verdes, Calif., prompted evacuations and power cuts to 140 homes. The crisis affected 680 acres, damaging homes and infrastructure. (Watch Video)

➤ Titanic's iconic bow railing, featured in the famous movie scene, has fallen to the ocean floor as the wreck deteriorates. (See Photo)

➤ Minnesota residents witnessed a rare spectacle as severe thunderstorms produced a simultaneous rainbow and lightning strike. (Watch Video)

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Poll Position

If you had to choose, which would you prefer: 

  1. Explore deep space
  2. Explore deep underwater

Yesterday's Results:

Did you have a good summer?

    1. Yes: 65%
    2. No: 9.8%
    3. Meh: 25.1%

Quote BoxDaily Quote

Quote

"We have eaten in every restaurant and had a Guinness in every pub." 

—  Stephen Theriac, a passenger on the Villa Vie Residences' Odyssey, on three months stuck in Belfast due to mechanical issues. 

TriviaToday's Trivia

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