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obbvruy
2 days ago
Florida voters on Tuesday approved a major overhaul of the state's property tax system. But the droves of billionaires and other ultrawealthy people who recently moved there are unlikely to notice much of a difference from its headline tax break.
Amendment 3—which raises the homestead exemption on non-school property taxes from $50,000 to $150,000 in 2027 and to $250,000 in 2028—passed with 62% of the vote, according to the ***** ociated Press. Supporters pitched Amendment 3 as relief for everyday homeowners, and for many, it is. But because the exemption is a flat dollar amount, it does far less for the billionaires who turned South Florida into one of the country's wealthiest enclaves.
Take Citadel CEO Ken Griffin, who moved his firm from Chicago to Miami, and Amazon founder Jeff Bezos also moved to Miami in 2023 and has since bought a $237 million compound on Indian Creek, the island nicknamed "Billionaire Bunker." Bezos is also reportedly buying a $69.5 million oceanfront estate in nearby Golden Beach.
Experts told Fortune, though, the bigger factor of Amendment 3 for people like Griffin and Bezos is a less-noticed part: a tighter limit on how fast taxes can rise on second homes, rentals, and other properties that aren't a primary residence. Florida caps how much those properties' taxable values can increase each year, and Amendment 3 cuts that cap from 10% to 5%. In a hot market like South Florida's, that slows tax growth on homes whose values are climbing quickly, and many wealthy buyers own more than one.
But for a billionaire who claims a Florida homestead, the savings from Amendment 3 aren't that noticeable. Raul Gastesi, a real estate attorney and cofounder of Miami law firm Gastesi Lopez Mestre & Cobiella, calculated that at the statewide average non-school tax rate, the expanded exemption will save a homestead owner about $2,085 a year once fully in place. A home ***** sed at $350,000 would see its local services property tax bill fall from about $3,135 to about $1,050. A $50 million homestead would go from about $524,000 to about $522,000.

#Florida #moved
wufike_tqi_va_gupi_n
2 days ago
Meghan Markle is facing renewed scrutiny following reports that she is preparing to film in Australia. After the **** ss of Sussex and Prince Harry relocated to the UK at the end of August, reports of an upcoming work stint in Australia have led royal commentators to question how the family will manage the transition.
Meghan Markle is set to appear on Junior MasterChef Australia's upcoming season, which will film in Australia in 2027. However, it has not been confirmed whether Prince Harry, Prince Archie and Princess Lilibet will be joining her. The Sussex children recently changed schools in the UK after their security team raised concerns about their previous commute. The possibility of another move has now prompted questions about how the family's arrangements could work during Meghan's filming commitment.
On The Sun's Royal Exclusive, the **** ss of Sussex was criticized for the possibility of relocating her kids again. "Career-wise for her, it's, you know, it's good news," host Sarah Hewson said. She continued, "What about for the kids who they've just brought over to the UK, got settled in a new school. Is that going to change anything or do we think the kids will be going?" The Sun's royal editor Matt Wilkinson shared his thoughts. "The children thing is a really interesting thing because we know that they've already changed schools once," he said.
Wilkinson added, "They said they were coming back to the UK for the children's schooling. So these are unanswered questions…" The royal editor was unsure whether it would be "an exceptionally long period for Meghan and Harry." He wondered if the Sussexes will take their kids to another school. "Is it going to be another um you know, traffic crisis outside of school in Sydney or Melbourne or something? But yeah, I would really like a little kind of welcome break…," Wilkinson said.
Hewson felt Harry could take the kids for a trip to Australia if it occurs during school days. "[They could] take the kids to go out and see mum while she's working," the royal correspondent explained.

#harry
sudoja3209
2 days ago
Prince Harry is reportedly becoming increasingly worried about his financial future as he continues trying to repair ties with the royal family. According to a new report, the Duke of Sussex fears his strained relationship with Prince William could influence future decisions involving King Charles, including any inheritance.
Prince Harry wants to rebuild his relationship with King Charles after his family's return to the U.K. In fact, Harry recently told GQ that he hopes to reconcile with his family and "work it out." However, an insider claims Harry worries about the ongoing royal rift. He also fears the feud could threaten his family's long-term money situation, according to Heat. The source alleged that Harry fears William's growing influence over King Charles could affect future inheritance decisions. As a result, he worries his older brother could affect decisions about the monarch's future estate.
The insider claimed Harry's desire to reconcile is not driven by money. Instead, they said he wants to protect Meghan Markle and their children, Prince Archie and Princess Lilibet, while also rebuilding his relationship with his father.
According to the report, Harry allegedly feels pressure to maintain the family's lifestyle. The source pointed to the couple's security costs and property expenses as major financial responsibilities. They also claimed Harry finds it difficult watching other senior royals enjoy greater financial stability.
The report further suggested Harry believed returning to Britain would help repair family relationships. However, the insider alleged progress has been slower than expected. The source claimed King Charles had remained cordial but had not been readily available for meetings.

#charles #report #fears
wittyfrpp
2 days ago
John Frieda, the celebrity hairstylist whose eponymous product range — its beloved Frizz Ease serum, especially — proved a commercial sensation, has died aged 75.
The British entrepreneur, who counted Madonna and Princess Diana among his clients, died "peacefully" and "surrounded by his family," according to a statement posted to his Instagram by his London salon on Wednesday.
"His talent and passion touched so many, and his legacy will live on in every single one of us," the statement added, describing Frieda as "a true icon of the hair industry." His stepdaughter Agnelli Lagrange also confirmed the news on social media, where she called him "the best man to ever exist." Neither statement specified a cause of death.
The son of a hairdresser (and the grandson of a barber), Frieda was born Alan Howard Frieda in London in 1951. He started going by the name John after joining London's famous House of Leonard, because the salon already employed an Alan.
British actress Joanna Lumley sporting John Frieda's signature 1970s hairstyle, named the "Purdey" after her character in "The New Avengers." - John Paul/TV Times/Getty Images

#statement #ease
coo_madly0885
2 days ago
LONDON (AP) — World leaders who have sparred with the "America first" President Donald Trump greeted the rout of his Republican Party in the U.S. midterm elections with a measure of relief Wednesday, allowing themselves to hope for a less combative U.S. foreign policy.
But that hope was seasoned with the expectation that American voters' rebuke would not necessarily end the U.S. conflict with Iran or change Trump's policies on tariffs or his lukewarm-at-best support for Ukraine and America's European allies.
Progressive politicians cast the results as part of a trend of liberal comebacks around the world, following recent defeats for populists on the right in Hungary, Brazil and Serbia.
Spain's social democratic Prime Minister Pedro Sánchez wrote on X that Americans had voted "Against hate. Against machismo. Against climate denialism and against the privileges of the elites."
"It happened in Brazil. It just happened in the US. And it will happen soon in Spain," wrote Sánchez, who faces an election Nov. 29.

#nchez #wrote #happened #donald
19cookieprism
2 days ago
I've been writing about Social Security for well over a decade. And I've found that there's a lot of misinformation about the program and how it works.
Some people, for example, think all Americans are entitled to Social Security once they reach a certain age and that everyone receives the same monthly benefit. In reality, Social Security benefits are earned by paying taxes on wages. And the amount of Social Security you get in retirement depends on your earnings history and your filing age.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Image source: Getty Images.
Another big Social Security myth I hear all too often is that it's more than feasible to retire on those monthly benefits alone. I'm here to tell you that if you go that route, you might sorely regret it.

#i 've #monthly #americans
KP346UDQy7
2 days ago
Dutch Bros Executive Chairman Travis Boersma sold 2.39 million shares worth about $106.4 million.
Dutch Bros' Q3 revenue rose 30% to $549.8 million, but EPS missed Street estimates.
On Stocktwits, retail sentiment jumped to 'extremely bullish' from 'bearish'.
Dutch Bros Inc. (BROS) stock plunged overnight as third-quarter (Q3) earnings miss and a $106.4 million stock sale by Executive Chairman Travis Boersma rattled investors, overshadowing revenue growth even as retail traders doubled down on the coffee chain's long-term potential.
Dutch Bros stock traded over 15% lower overnight. The stock had registered gains for the past three weeks.

#bros #Stock #executive #travis
kbrcfuj
2 days ago
Dafne Keen says she was offered cocaine at wrap parties as a child. The actor was around 11 to 13 and says she refused. During a recent podcast appearance, Keen explained that seeing adults drink and use drugs helped her avoid both.
Dafne Keen, now 21, discussed her choices during an appearance on Michael Rosenbaum's Inside of You podcast. She told the host that she has "never been drunk enough to even have a hangover," describing herself as a "control freak" about drinking. Seeing that culture as a child made her wary of trying it herself.
When Rosenbaum asked about the drinking she had witnessed, Keen revealed that she was "getting offered ****** e at wrap parties." She said she turned it down, and joked that she was not getting involved at such a young age. Rosenbaum reacted with surprise at the idea of a child encountering drugs so early. "11 or 12? Man, I didn't start that early," he said.
Staying sober has not stopped Keen from enjoying nights out, she explained. She likes music, dancing and spending time with people, and said she can stay out until 6 a.m. without drinking or taking anything.
The actress described herself as a fun time and said she simply does not need substances to enjoy herself. As a teenager, she sometimes claimed she was already high to avoid pressure from others. In reality, she said, she would be drinking soda and pretending to be high.

#keen #child #rosenbaum #parties
tunnelrlf
2 days ago
A tiny blue dress has stolen the spotlight this Halloween. Hailee Steinfeld and Josh Allen's baby daughter stepped into Halloween "Alice in Wonderland" style, complete with a satin skirt and sparkling tulle. Her parents also built a full storybook world around her, from a rabbit-hole tunnel to towering playing cards for her first Halloween celebration.
The photos appeared on Beau Society's Instagram account with the caption "We're all mad here…" The post also thanked the event lead, the venue, and the florists, photographer, photobooth, and design team.
Amid the snapshots covering the party, it was the protagonist who stole the show. Hailee Steinfeld and Josh Allen's seven-month-old daughter, Harper Haize Allen, was dressed as a tiny Alice in her parents' wonderland.
The party's theme was "Allen's in Wonderland," a play on "Alice in Wonderland" by customizing it for the Allen family. Additional photos shared by Raven Moore, wife of Allen's teammate DJ Moore, showed an entrance shaped like a giant clock that led into a long black-and-white tunnel.
Inside, red flowers hung over a signpost pointing to "Wonderland," beside an oversized red-spotted mushroom. Marquee letters spelled out "We're all mad here." They were flanked by giant King and Queen of Hearts cards, resembling Steinfeld and Allen respectively. Checkered floors, oversized chess pieces and standing playing cards completed the scene.

#steinfeld #hailee #josh #we 're
hardly
3 days ago
Tuesday's midterm vote is behind us, and chip stocks came into it bruised. The VanEck Semiconductor ETF (NASDAQ:SMH) ended Election Day at $518.52. That was around 22% under the fund's highest close ever, set on June 22, but it still left the fund up about 44% in 2026.
What have chip stocks usually done over the 12 months after a midterm vote?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
I went back to the PHLX Semiconductor Index, a widely watched chip benchmark with daily data going back far enough to cover the past eight midterms. For each one, I compared the index's close on Election Day to its close on the same date a year later, on price alone.
The record's impressive. But I think where chip stocks start this time is a reason to lower expectations.

#election #midterm
kmzwolm_xavyuzu
3 days ago
An ordinary laptop used to be the kind of purchase you could put off until the old one finally gave up.
I recently discussed this in my story, Intel CEO reveals a PC problem as Goldman cuts stock target, in which I shared how my friends struggled to choose new PCs due to soaring prices.
Moreover, the tech punditry says the problem goes deeper than a few disappointing deals.
Now, Advanced Micro Devices (AMD) CEO Lisa Su has delivered a similar warning on November 3, echoing Intel (INTC) CEO Lip-Bu Tan's concerns about a difficult year ahead for the PC market in 2027.
Most of that pressure's coming from memory prices, but interestingly, AMD itself posted record quarterly sales, largely driven by booming server-chip sales.

#Intel #micro #lisa
87vaguely
3 days ago
Prince Harry and Meghan Markle would reportedly be staying in the UK for Christmas. This follows reports that the couple could visit the US for the holidays. However, it now appears that the Sussexes would not be leaving the country and would instead spend time at another property on the estate owned by their billionaire friend.
According to USA Today, Prince Harry and Markle, along with their kids and the former's mother, Doria Ragland, would be spending their Christmas in their new home in the UK. Last month, a friend of the Sussexes said that they won't be celebrating Christmas with the Royal Family. Moreover, they also questioned how this arrangement was possible.
Another source told Page Six that no matter where Markle and Harry decide to stay for Christmas, Doria is confirmed to be a part of their plans. "There is a hierarchy and the King is the CEO, he's the boss — what he says go, so it's better not to put themselves in any difficult position," they added, referring to why it's better for the Sussexes to be snubbed from the Royal Family's celebration.
This update also comes amid a source having told Closer Online that Harry is seemingly unhappy about Markle's plans to head to the US for Christmas. "Harry's very disappointed. In his mind, they could have brought Doria to their Cotswolds home and perhaps still scored an invite to see his father or [his late mother's family] the Spencers as a back-up. But Meghan wasn't having any of it," they added.
The insider mentioned that Harry tried his best to convince his wife to stay in the UK, but she didn't want to sit around and wait for the royal invitation. "It was the perfect excuse to book a flight back to the U.S., and Harry ultimately didn't have much choice but to follow," they continued.

#harry #meghan
dc7naz0s2422yj
3 days ago
Prince Harry and Meghan Markle are set to make an appearance in Brussels.
Now that the Duke and ******* ss of Sussex have settled into their new home across the pond, they are ready to get back to work and contribute to the community. The couple is set to make a joint appearance in Belgium's capital on Tuesday, Nov. 10.
During their visit, they will open the Lost Screen Memorial in the city center. The tribute consists of 50 smartphone screens that each display a photo of a child who lost their life to the negative effects of social media.
According to People, the Sussexes are expected to give a keynote address about the importance of children's digital safety. Prince Harry is also set to participate in a panel discussion ******* led "Beyond Promises: Buidling a Digital Future That Works for Children."
Harry and Meghan's Archewell Foundation Parents' Network created and launched the Lost Screen Memorial as part of the "No Child Lost to Social Media" campaign. In April 2025, the two unveiled the installation in New York City. Another had gone up in Switzerland this past May with the ******* ss of Sussex present for the opening in Geneva's Place des Nations.

#lost #prince #city #child
calm459
3 days ago
Actor and producer Charles F. Porter, who starred in the 2011 TV movie "Wendell Scott: A Race Story," died Nov. 2 after a long battle with cancer, his wife, Candice Tab-Porter, confirmed. He was 47.
After 18 "incredible" years together, Tab-Porter announced her husband's death in a Facebook post, saying she was honored to have been by his side and truly believes "that God brought us to each other for a reason."
"I am honored Charles taught me how to be present, live in the moment and enjoy all the beauty that life had to offer," she wrote. "He lived the highest standard of integrity, never compromised his values, led by example and always did what he said he was going to do. He found beauty in the little things and never complained about his battle, he always just said it's part of our journey and tried to find the silver lining."
Together, the pair welcomed daughters Layla Rose Porter, 9, and Juliette Jasmine Porter, 6.
"I am forever grateful that our girls got to spend their earliest years being raised by a true hero. And while our time together as a family was far too short, the love, wisdom, strength, and impact he had on their lives will be everlasting, and we will carry them forever," Tab-Porter wrote.

#charles #battle #beauty
sheerly
3 days ago
Robert Kiyosaki isn't scared of the crypto sell-off. He is looking forward to the next one.
"People paniced when gold, silver, Bitcoin crash. I bought more," the "Rich Dad Poor Dad" author wrote on X.
"Can't wait for the next crash of gold, silver, Bitcoin," he added.
Kiyosaki argued that price drops are a distraction from bigger problems.
"The real problem is the growing size of global debt, especially the USA, the incompetence of our leaders to do what really needs to be done, an education that teaches nothing, zero, nada about money," he wrote.

#wrote #robert #people
4r5ubi
3 days ago
Premiums for Medicare prescription drug coverage will jump an average of 50% in 2027, which may push normally complacent enrollees to shop around during this open-enrollment period.
The estimated average monthly premium for Medicare Part D stand-alone prescription drug plans (PDPs) is projected to be $51 in 2027, a 50% increase over 2026, when that figure was $34, according to KFF, a healthcare research and policy firm. Average monthly premiums for the eight national prescription drug plans are projected to range from around $6 to $204 in 2027, KFF said.
These stocks have soared the most today after the Democrats trounced Trump
Midterm elections deliver a 'blue wave.' The stock market sees green.
"With some plans increasing premiums substantially, the stakes are higher this year for people with Medicare stand-alone drug coverage if they sit on the sidelines during open enrollment," said Juliette Cubanski, a vice president and director of the program on Medicare policy at KFF. "There are relatively low-premium PDP options, but people facing large premium increases need to take action if they want to avoid paying significantly more."

#medicare #premium #around
grindjkc
3 days ago
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Despite the ongoing affordability and cost-of-living crisis, Americans are trying to save as much money as possible for retirement. According to Fidelity's latest report, (1) the average savings rate for a 401(k) participant hit a record high of 14.4% (employee and employer contributions combined) in the second quarter of 2026.
Despite this ferocious pace of savings, many older Americans are anxious about their retirement prospects. In fact, 75% of pre-retirees over the age of 50 told F&G Annuities & Life (2) they were considering or had already delayed their retirement as of 2026.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change

#Retirement #savings #according #life
vaguelymoodyedc90864
3 days ago
Here's why stocks are doing something very different post-election from what many thought they would.
In the latest installment of Yahoo Finance's FA Corner, Mitlin Financial founder Lawrence Sprung joins The 8:30 team to discuss whether investors should immediately be reacting to events such as market volatility or sell-offs in tech stocks.

#stocks #mitlin #financial #lawrence
qletzjmggcfyfp
3 days ago
Trump’s political lieutenants are trying to shift the blame onto lazy candidates, but Republicans on Capitol Hill and beyond are not buying it.
Attendees react at the conclusion of concession speeches during a midterm election night watch party with Ohio Republican candidates in Columbus, Ohio, on Nov. 3, 2026. | Jon Cherry/Getty Images
11/04/2026 5:55 AM EST

#ohio #republican #cherry
cepdf_7spp7sv
3 days ago
Democrats retook power in Washington on Tuesday, flipping key House and Senate seats to command majorities in both chambers of Congress.
The power shift creates a new platform for Democrats to launch investigations of President Trump's economic allies — Elon Musk, to name one — and pass bills that may be unlikely to become law but will mark a sharp change in the political climate for business leaders and economic issues after two years of unified Republican control.
The change also appears set to elevate figures like Democratic Sen. Elizabeth Warren and others to prominent positions with oversight over economic policy.
Read more: What a Democratic sweep means for stocks
Democrats are planning "a shock-and-awe legislative sprint," the New York Times reported, on issues like healthcare subsidies and Trump's tariffs, which could prompt a wave of bills to pass the House but stall against the 60-vote threshold in the Senate. Even in the minority, Senate rules mean Republicans retain the power to stop legislation.

#issues
drift
3 days ago
Your retirement savings could get a boost or face new tax consequences, depending on what happens after the November midterm elections.
Congress is weighing proposals that could double federal retirement savings incentives for eligible workers while forcing some wealthy Americans to withdraw more money from their accounts.
Read More: Worried about market swings? See why investors are moving to gold and silver IRAs
Find Out: FREE 2026 Investor Guide + Up to $25,000 in Silver with Qualifying Purchases
The stakes extend beyond millionaires. Changes to tax rules could also affect how much you save in your 401(k), when you convert an IRA to a Roth and how much of your retirement money you ultimately keep.

#Retirement #savings #money
3_plbyxg_simply_fly
3 days ago
Things were quite a bit different 24 years ago.
A dozen eggs was less than a dollar. Social media did not exist. And Donald Trump, then just a New York property developer who regularly popped up on TV to play a braggadocious business man — in Pizza Hut commercials, on Wrestlemania and in the Fresh Prince of Bel-Air, among many others — was golf buddies with former president Bill Clinton.
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP

#Social #things #wrestlemania
vnxlvy_socket
3 days ago
On its third-quarter 2026 earnings call, held on Nov. 3, 2026, Eaton (NYSE:ETN) raised its full-year 2026 organic revenue growth guidance, which excludes acquisitions and currency shifts, to a midpoint of 14%.
Management also raised its full-year adjusted earnings per share guidance, a profit measure that excludes one-time items and non-cash expenses, to a midpoint of $13.75. Expanding factory capacity allows the company to convert a record backlog, which represents unfilled customer orders, into long-term margin expansion.
Three things management said stand out.
Eaton restructured its international operations early and expanded its product lineup in high-demand markets like data centers. Electrical Global, the division serving international power markets, sharply accelerated its organic growth by gaining share with the same global customers that Eaton serves in North America.
We now expect organic growth about 16% in 2026, well above our prior guidance, and more than double the 7% we delivered in 2025. This acceleration is no accident. It reflects deliberate strategic moves we made over the past few years.
-- Paulo Ruiz, Chief Executive Officer

#eaton #guidance #earnings #full
bluntly
3 days ago
LTC and Realty Income pay monthly dividends yielding 4.90% and 5.61%, generating roughly $204 and $234 per month on a $50,000 investment.
EPR Properties yields 6.25% with an AFFO payout ratio of just 60%, but its top 10 tenants control 68% of base rent.
Across all four holdings, $200,000 invested produces about $938 a month, aligning paydays with recurring household bills.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Rent, utilities, insurance premiums, and groceries all come due every month, but most dividend stocks pay only four times a year. If you live off a portfolio, that gap means holding extra cash or selling shares to cover the months with no payment. Monthly-paying stocks line up payments with bills.

#income #monthly #bills
qwwfsjnqudijywkq
3 days ago
Households headed by someone ages 65 to 74 with a retirement account had a median balance of $257,000 in 2025.
A 4% withdrawal from that amount yields about $10,000 in the first year, before Social Security or a pension income.
Making savings last depends on spending, having other income, and taxes, not just the balance.
Retirement is often framed as the reward for a lifetime of work, but not everyone collects the same prize.
Some people leave the workforce with a healthy nest egg built over decades of workplace contributions, or a generous employer pension. Others have little saved and may only have Social Security to count on.

#balance #others
432_9_flat_dash_pixe
3 days ago
The change in season has certainly inspired Princess Maria-Olympia of Greece, who has decided to completely transform her trademark platinum blonde locks.
Taking to Instagram on Monday, the Greek royal, 30, revealed she had "spiced up her life" by swapping her famous light locks for a warm brunette hue.
The Greek Princess showed off her transformation for fans on Instagram
"Spice up your life," she penned in the caption of a 'photo dump' containing snaps of the model showing off her new tresses.
One image saw Maria-Olympia in a candid snap showing her facing away from the camera, her waist-length locks taking front and centre, cascading down her back.

#locks #olympia #Instagram #taking
raw_10_9912_rXz_pick
7 days ago
Buying a new car is getting harder just as Ford Motor's stock is having one of its best days of the year.
Ford (F) shares jumped 12.4% Thursday after the automaker delivered better-than-expected adjusted earnings and raised the bottom end of its annual profit outlook.
For shareholders, that was welcome news.
For someone walking into a dealership, Ford's results revealed a less comfortable trend.
From a previous forecast of around $2 billion, Ford now anticipates increased commodity expenses of nearly $2.5 billion this year. The cost of steel, copper, computer chips, gasoline, and transportation is all rising.

#ford
mpk3t7
7 days ago
Intel lost almost a third of its value on Friday. By the close, the Nasdaq Composite had sealed its worst month since March 2025, down 5.3%.
Tom Lee of Fundstrat, a Wall Street research firm, has another suspect. He thinks one big investor may have been forced to dump tech shares, leaving tech holders with the losses.
Speaking on CNBC as the Nasdaq slid on Friday, Lee said the market was fighting an "internal battle" and that the selling looked forced.
"Today looks like someone's getting liquidated. I don't know if it's an institution," he said.
By "liquidated," Lee means forced to sell. This happens when an investor buys shares with borrowed money and prices then fall. The lender wants its money back, so the investor has to sell at any price.

#shares #liquidated #money #Intel
zohg3h
7 days ago
A Michigan retiree couple needs roughly $927,000 invested at a 4% withdrawal rate, versus $1.07 million in Florida.
Florida homeowners pay $8,471 yearly for insurance versus $2,415 in Michigan, a $6,000 gap that requires $151,000 in extra savings.
Michigan exempts Social Security and offers married couples a $128,080 retirement deduction, potentially zeroing state tax on a $37,000 IRA withdrawal.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Retiring to a lake town in Michigan or Wisconsin often raises questions about snow and winter conditions compared with a move to Florida. Winter is one factor in that comparison, but the rest of the picture gets mentioned less often: insurance, taxes, housing, and summers. This piece runs the numbers for a couple at full retirement age.

#often
79patch
8 days ago
The college football action continues this Saturday on NBC and Peacock with two thrilling matchups. First at 3:30 PM ET, it's No. 20 Northwestern vs Oregon. Later at 7:30 PM, the No. 2 Ohio State Buckeyes take on the USC Trojans in Los Angeles. See below to find out how to watch both games, as well as additional information on how to watch college football on Peacock.
RELATED: 2026 College Football Rankings Top 25 Week 9 - Expert picks, ******* ysis, AP projections including BYU, Utah
Sign up for Peacock here!
Inside the AP Poll: Notre Dame-BYU, Alabama-Kentucky's head-to-head results should matter
It's always a bad look when teams are sitting side-by-side in the official poll in the opposite order of a game result.

#college #poll #first #northwestern

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