Bill Ackman says Pershing Square (NYSE:PS) owns about 10% of both Fannie Mae and Freddie Mac, and sees 10x potential in the stocks.
Ackman calls a release "a political imperative" and says a president can do it by executive order, even if midterms go against the President.
Taxpayers get paid first: Treasury's senior preferred stake carries a $238 billion liquidation preference, and warrants cover 80% of common stock.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
Bill Ackman says the White House has a historic trade within reach. "It will be the greatest real estate deal of all time," the founder of Pershing Square (NYSE:PS) said of releasing Fannie Mae and Freddie Mac from government conservatorship. The Motley Fool's report of Pershing Square's third-quarter earnings call on Tuesday, Nov. 3 noted he estimated the move would create half a trillion dollars of value, 80% of it held by taxpayers. He called that estimate conservative.

#taxpayers #learn

Retirees may see property taxes climb even after the mortgage is gone, but the federal tax treatment is not always intuitive. Whether those payments actually reduce a tax bill can depend on how they fit with the rest of a return — and on several 2026 deduction rules.
Here's how to think through which way to deduct these taxes.
Find Out: Worried about market swings? See why investors are moving to gold and silver IRAs
Grow Rich: FREE 2026 Investor Guide + Up to $25,000 in Silver with Qualifying Purchases
Property taxes on a personal residence are an itemized deduction, not an amount taxpayers can simply add to the standard deduction, according to Jim Swiech, a certified public accountant (CPA) and founder at Go Beyond Tax. Retirees should compare their complete itemized totals with their standard deductions, then take whichever is larger.

#retirees #silver #worried

President Donald Trump's portfolio managers bought as much as $30 million in Meta stock and ******* eX debt in August as purchases made in his name continue to be highly active.
A newly released financial disclosure shows more than 500 securities transactions in August, including up to $25 million in Meta stock and $5 million in ******* eX debt. His portfolio also invested in AT&T, Netflix and Chevron. In contrast, he sold shares of Advanced Micro Devices, T-Mobile, Dell Technologies and Nvidia.
Democrats have criticized moves made by the president's portfolio managers in the past. Sen. Elizabeth Warren and Rep. Robert Garcia sent a lengthy letter to Trump in August, saying they want to know who are the money managers in charge of his investments.
"One ******* ysis estimates that you reported more than 14,000 stock trades, worth up to $1.06 billion during your first year in office. The total is likely higher as these reports don't even include transactions worth less than one thousand dollars," reads a passage of the letter.
"The sheer volume of this trading activity and the timing of a number of transactions, raise questions about whether you are using your knowledge of government activities, your official authority, or the vast megaphone provided by the Presidency to make investments or move markets to your personal benefit—and about whether you have been making decisions that boost your portfolio at the expense of taxpayers, the economy, and national security," it adds.

#million #Stock

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
The Internal Revenue Service is issuing notices to taxpayers stating that they may qualify for the Saver's Match, a government-funded $1,000 retirement account contribution, beginning in 2027. The program replaces the Saver's Credit, which ends on Dec. 31, 2026.
Taxpayers who previously filed for that credit are receiving a notification about the new program, which will provide a matching contribution of up to $1,000 for single filers and $2,000 for joint filers in the 2027 tax year.
Here's the latest on who is eligible.
Read more: Retirement planning by age: The complete guide for your 20s-70s

#credit #internal #revenue

An expert believes Meghan Markle and Prince Harry should fund their own everyday security in the UK. According to a royal expert, British taxpayers should not cover the Sussexes' day-to-day protection. Her comments followed a security scare at their children's school.
A royal expert explains how the school scare affects Prince Harry's security argument. The Duke and **** ss of Sussex spoke out after photographers were seen looking into the grounds of Prince Archie and Princess Lilibet's school.
A spokesperson for the couple called the photographers "extraordinarily reckless." They also described the incident as an unacceptable intrusion into children's privacy.
Reports claim that two paparazzi were at the scene and appeared to work together. Lynn Carratt told The Express US that the incident strengthens Harry's case that his family faces genuine security and privacy concerns. She said photographers allegedly walking around the school perimeter and monitoring children makes the couple's need for proper security obvious.
However, Carratt does not believe that automatically means British taxpayers should fund the couple's day-to-day protection. She noted Harry and Meghan chose to step back as working royals and later chose to return to live in the UK.

#security #prince #carratt #fund

WASHINGTON (AP) — A day after President Donald Trump said he would start paying for controversial taxpayer-funded ads with a campaign account, there's no sign he plans to refund the millions of federal dollars already spent on them.
Nearly $12 million worth of ads have already aired, according to AdImpact, as part of the $20 million the Department of Homeland Security tapped for the contract.
But Trump's plan to pay for the ads with MAGA Inc. doesn't mean there's any reimbursement coming, said a White House official who was not authorized to talk publicly and spoke on the condition of anonymity.
Speaking to reporters Tuesday, Trump said the ads were "really good" and "promotion for the country, done by many presidents before." Asked whether he'd repay the funds already spent, he said, "We'll decide."
Senate Democratic Leader Chuck Schumer slammed Trump for not committing to reimbursement and said he believes the president's plan for covering future costs represents illegal coordination with his super PAC.

#Trump #donald

The $200 million in payments dwarfs previous amounts disclosed in the case.
The former CIA officer arrested after authorities discovered roughly $40 million worth of gold bars in his Virginia home pleaded guilty in federal court on Tuesday to a single count of wire fraud, admitting he defrauded the U.S. government out of nearly $200 million for his personal benefit.
David Rush was previously described by prosecutors as a "master manipulator" who used his clandestine position to amass millions worth of gold bars and luxury watches -. though the government revealed in Tuesday's hearing the extent of his alleged deception far exceeded what was previously known to the public.
The nearly $200 million in payments to Rush, which dwarfs previous amounts disclosed as part of his case, will likely only further draw public and congressional scrutiny to the intelligence community to provide more transparency regarding its methods in doling out taxpayer dollars to agents and the oversight that follows such exchanges.
The case has drawn widespread intrigue and raised major questions regarding the intelligence community's management in overseeing the secretive systems that grant officials like Rush the ability to amass high-value ****** ets tied to their work.

#million #payments #dwarfs

The government has spent at least $2.5 million on the ads.
President Donald Trump said Monday night that he will no longer use taxpayer funds to pay for a multimillion-dollar pro-Trump ad blitz ahead of the midterm elections, saying his super PAC will now pay for them.
While he dismissed criticism of the ads as "a rather standard thing to do," he said he had decided to run them on his own dime rather than that of the U.S. government in a post on his social media platform.
"I have decided to do the Patriotic Ads, among others, and pay for them myself, and with money I raised for MAGA, Inc," Trump wrote, referring to his super PAC.
The move comes after the U.S. government bankrolled a series of ads that aired nationally and heavily featured the president. One of the ads was a direct copy of a spot Trump's campaign ran in 2024.

#Trump #president #super #MAGA

Prince Harry and Meghan Markle could use a recent security scare near their children's school to support their case for taxpayer-funded protection in the UK, royal author Ingrid Seward claimed. The Sussexes returned to Britain in August and are still waiting for a decision on whether they will receive publicly funded security while they are in the country.
Seward suggested Prince Harry and Meghan Markle may point to the incident when making their case for greater security. Speaking to The Sun's Royal Exclusive, Seward said she believed the couple could use the situation to their advantage. "I do feel certain that they (the Sussexes) probably will use this to try and benefit themselves in some kind of way," she said.
Harry has repeatedly raised concerns about his family's security while in the UK. Seward suggested that his security team would likely have stayed near the school because Harry uses a high level of protection when travelling with his family.
Harry and Meghan are currently waiting to learn whether they will receive taxpayer-funded security while living in the UK. Their security arrangements have remained a major issue since Harry stepped back as a working member of the Royal Family and moved to the US. The Duke has previously challenged decisions surrounding his security protection in Britain.
GB News royal correspondent Cameron Walker also discussed the incident and the security concerns involving Archie and Lilibet. Walker said British publications would generally avoid publishing unauthorized photos of the children. However, he noted that some European outlets could take a different approach.

#royal

Royal sources claim that Prince Harry and Meghan Markle could meet King Charles again before Christmas. They state that this is not a casual get-together but a "deliberate" move on the monarch's part. This update comes a few months after the private reunion between King Charles, Camilla, and the Sussexes at Highgrove House.
Royal sources told Rob Shuter's Naughty but Nice that King Charles has reserved a meeting for Prince Harry and Meghan Markle before Christmas. They added that the time, date, and location currently remain publicly undisclosed. "This is not a casual 'let's get together sometime. **** ody drops in on the King. If Harry and Meghan are in Charles's diary, it is because he wants them there. This is deliberate," the source added.
Another source emphasized the fact that this will be another meeting, and that's a notable thing. "Charles is making room for his son again, and Harry knows how significant that is," they added. While King Charles has displayed openness in terms of reconciliation, the source added that Prince William hasn't.
The source claims that Harry had tried to reach out to William but had met with no response. "There is no meaningful communication with William or Catherine. Charles is willing to move forward. William is not," they mentioned.
The Sussexes moved to the UK on August 26, leaving behind their Montecito home. They are currently living in a non-royal base, outside London. They aren't provided with taxpayer-funded security.

#charles #king #source

Prince Harry and Meghan Markle's security dispute is in the news again after two men were spotted near the new school their children, Prince Archie and Princess Lilibet, are enrolled in.
The two men, said to be European paparazzi, were described by the Sussexes' spokesperson as exhibiting "extraordinarily reckless" behavior and compared it to the recent security incident at RAF Fairford.
As Prince Harry and Meghan's request for taxpayer-funded police protection is pending RAVEC review, a royal author has branded the way they have handled the recent paparazzi story a "cynical strategy."
Steven Bergman/AFF-USA.COM / MEGA
Royal author Robert Jobson believes that the way Harry and Meghan have publicly discussed their security incidents could make it hard for the Royal and VIP Executive Committee (RAVEC) to leave their security arrangements as is.

#harry #royal #meghan

The Trump administration is airing campaign-style television ads using money Congress approved for border security upgrades, efforts to combat drug trafficking and memorials for officers killed in the line of duty, according to federal spending records.
Democrats say the ads break multiple federal laws by using taxpayer money for political purposes that Congress never authorized. The White House defends the ads as public service announcements.
One of the spots closely resembles a 30-second video produced by the Trump campaign in 2024. The latest ad features President Donald Trump and Defense Secretary Pete Hegseth advocating for the Iran war. They feature disclosures saying they are “Paid for by the U.S. Government.”
On Sept. 19, a few days before the ads began airing, the White House Office of Management and Budget added $20 million to a Department of Homeland Security budget line designated for “commemorative events,” according to publicly disclosed OMB data. Congress approved the spending for those events in Trump’s 2025 domestic spending package, known as the One Big Beautiful Bill, and intended it for “Line-of-Duty death memorials, Department or agency anniversaries, and commendation ceremonies,” according to a House budget committee report.
The next day, Sept. 20, DHS awarded a $20 million contract for a “national media campaign” to the LMD Agency, a Maryland-based public relations and media firm that had previously worked for the department. The company did not respond to requests for comment.

#Trump

WASHINGTON (AP) — The Department of Homeland Security has tapped $20 million to pay for the campaign-style ads glorifying President Donald Trump that have drawn widespread criticism from Republicans and Democrats as a blatant misuse of taxpayer dollars that likely runs afoul of anti-propaganda law.
In a letter Tuesday to Homeland Security Secretary Markwayne Mullin, two top Democratic senators said that the money is being drawn from Trump's so-called "One Big Beautiful Bill" and was supposed to go for U.S. Customs and Border Protection.
"We should not have to remind you that using government funding to create or air political ads like the ones that have been running over the last few days is illegal and a shockingly corrupt misuse of taxpayer dollars," wrote Sen. Patty Murray of Washington, the top Democrat on the Senate Appropriations Committee, and Sen. Chris Murphy of Connecticut, the ranking Democrat on the subcommittee that handles Homeland Security funding.
The senators demanded answers within the next 48 hours about "how this president is literally stealing their tax dollars to air campaign ads celebrating himself."
They asked the secretary if the department plans to use additional federal funds to air these ads or create new ones, and if so to share contracting information with Congress. They also asked Mullin if he had spoken to Trump about using the taxpayer funds for the ads.

#democrat

Immigrants applying to live permanently in the United States can be rejected if they receive public benefits, beginning this week.
Use of Medicaid, food stamps, tuition ******* istance and free school lunch programs, among other government ******* istance, could all be grounds for denying a green-card application.
Subscribe to The Post Most newsletter for the most important and interesting stories from The Washington Post.
The policy from President Donald Trump's administration, which took effect Friday, marks a dramatic change to a long-standing federal policy consistent with the president's efforts to restrict legal immigration pathways.
The rule could reduce federal and state payments by $13 billion a year, by persuading some 950,000 people to disenroll from or avoid federal safety net programs, according to estimates from the Department of Homeland Security. The agency said that the rule aligns with Congress's intent that noncitizens "in the United States be self-sufficient and not dependent on taxpayer-funded government benefits."

#states

The House Ways and Means Committee will consider legislation Wednesday that would exempt some crypto transaction fees from capital-gains calculations and apply new federal tax rules to stablecoins, staking, mining and digital ***** et trading.
Committee Chairman Jason Smith, R-Mo., introduced the 114-page Digital ***** et Tax Certainty Act, or H.R. 10357. The committee has scheduled its markup for 10 a.m. Eastern on Sept. 16.
During a markup, committee members debate a bill, propose amendments, and decide whether to advance it to the full House.
The legislation would create a "de minimis" exemption for qualifying network or transaction fees of $10 or less. De minimis refers to an amount considered too small to require standard tax treatment.
Paying a blockchain fee with crypto can create a taxable event because the IRS treats digital ***** ets as property. The exemption would allow taxpayers to disregard gains or losses on eligible fees.

#committee #digital #asset

Meghan Markle reportedly secured her first government-backed security review since stepping back from royal duties in 2020. The ***** ss of Sussex and Prince Harry were set to receive separate official risk ***** sments after returning to Britain.
The review could consider their schedules, family routines, and public movements. It also marks a notable change for Meghan after six years without such an ***** sment. Meanwhile, the couple received interim security arrangements during the process.
As per People magazine, Meghan Markle would receive a new ***** sment. The security review would be her first since police protection ended following the couple's 2020 royal exit. Meanwhile, Prince Harry would receive a separate ***** sment.
The Royal and VIP Executive Committee reportedly commissioned both reviews after their UK move. RAVEC determines eligibility for taxpayer-funded police protection. The couple have also been granted an interim security provision during the ***** sment process.
Additionally, RAVEC reportedly requested detailed schedules from the Duke and ***** ss of Sussex. That includes daily routines involving Archie, seven, and Lilibet, five. Their school runs could help officials ***** s potential risks.

#review

Kansas City, Missouri — Vice President JD Vance announced Monday the Trump administration will suspend roughly 870,000 people suspected of defrauding pandemic-era small business programs from receiving future federal loans.
The vice president contended that borrowers who stole taxpayer money should no longer be eligible to receive loans from government-backed programs.
"If you screwed the American taxpayer, the federal government is now going to say you're cut off, no more," Vance told reporters. "You shouldn't be applying anymore, and if you do apply, you're no longer able to get those benefits."
His remarks came as the Justice Department announced a slew of cases in a nationwide crackdown on fraud involving the COVID-19-era Paycheck Protection Program.
The department's enforcement push, which ran from June 12 through Sept. 1 and was dubbed "Heartland fraud surge," resulted in actions involving more than 160 defendants and approximately $245 million in intended losses to taxpayers. The operation was put into action more than five years after the government pushed emergency loans to businesses nationwide that were struggling as a result of the coronavirus pandemic.

#president #pandemic #federal

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Republicans are well known for opposing tax increases and since 1986, many Republican officeholders have signed on to the Taxpayer Protection Pledge (1).
Rolled out with former President Ronald Reagan's endorsement, the pledge is a commitment in writing to oppose "any and all" tax increases. Currently, 44 members of the Senate and 194 representatives in Congress have signed the pledge.
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 record 45% of central banks plan to grow gold reserves — and many investors are following suit. Get your free gold IRA guide from Priority Gold

#republicans #republican

By Nate Raymond
Sept 8 (Reuters) - A U.S. appeals court on Tuesday upheld an injunction blocking an Internal Revenue Service policy that allowed it to share thousands of taxpayers' ‌addresses with immigration authorities, saying the Trump administration's practice violated federal law.
A three-judge panel of ‌the U.S. Court of Appeals for the District of Columbia Circuit ruled that the IRS last year disclosed roughly 47,000 taxpayer addresses to U.S. Immigration and Customs Enforcement under a procedure adopted as part of the administration's efforts to expand immigration enforcement.
The IRS and U.S. Department of Homeland Security, which oversees ICE, did not respond to requests for comment.
Under an agreement between the agencies, the IRS in July 2025 began processing ICE ‌requests for the last known addresses ⁠of as many as 1.28 million people suspected of unlawfully residing in the United States.

#immigration #addresses #court #last

ESPN's Shams Charania reported that the New Orleans Pelicans are sending Jordan Hawkins, Micah Peavy, a future second-round pick, and a future second-round pick swap to the Memphis Grizzlies for AJ Johnson and Taj Gibson.
The main reason for this trade is pretty simple: New Orleans needed to clear salary before officially adding Bennedict Mathurin on his two-year, $16.0 million deal. Because the Pelicans are using the non-taxpayer mid-level exception to sign him, they can't finish above the first apron afterward, so they had to open enough room under that line first. Memphis is basically getting paid to help the Pelicans clean up the payroll, and I think the Grizzlies did very well here.
Memphis Grizzlies Receive: Jordan Hawkins, Micah Peavy, future second-round pick, future second-round pick (swap)
New Orleans Pelicans Receive: AJ Johnson, Taj Gibson
Hawkins is making $7.0 million this season, and Peavy is at $2.2 million, so New Orleans moves roughly $9.2 million in salary. Johnson costs only $3.2 million, while Gibson's $3.8 million salary isn't guaranteed yet, so he's gone from $0 to $200K in the trade, as the Pelicans are likely to waive him. Mathurin's first-year salary will be about $7.8 million on the two-year deal he agreed to last month.

#pelicans #orleans #round

Prince Harry and Meghan Markle are reportedly worried about daily school runs for their kids, Archie and Lilibet. Although the Sussexes returned to the UK on August 26, they have seemingly come back without securing taxpayer-funded security. It has understandably fueled concern for the anxious parents about their children's safety.
A close friend of Prince Harry and Meghan Markle has reportedly voiced concern about daily school runs for their kids on the couple's behalf. A friend dished to The Telegraph: "It is absolutely the biggest area of concern. It creates the most dangers." Although the Sussexes returned to the UK on August 26, they have seemingly come back without securing taxpayer-funded security. It has understandably fuelled concern for the anxious parents about their children's safety.
According to the outlet, Archie and Lilibet's school has already been notified of their attendance. Not only that, teachers are already mandated to follow specific instructions. Additionally, the school is required to follow certain rules and procedures for maintaining the children's protection.
Meanwhile, Harry and Meghan are reportedly awaiting a definite response regarding their taxpayer-funded security from the UK's Home Office. According to the outlet, the couple would like to know if they are eligible for police protection now that they are residing in Britain. Notably, the Sussexes were previously denied protection rights during visits to the UK.
Scott Hamer, a former Metropolitan Police royalty and specialist protection officer, showed his support for the Duke of Sussex. He told the outlet: "If there is a credible threat to him and his family, it should be objectively ****** sed. If there is a genuine risk, the state should provide protection. If not, that's fine, but let him know."

#protection #harry #meghan #concern

"It's going to be $1," Josefina Aguirre said to a customer, pausing an interview with Fox News Digital inside her family's Spanish Harlem meat market.
"Okay, I'm sorry. I got a couple of customers. Let's start over," Aguirre, a first-generation American, said. "This is me," she added with a laugh from behind the counter where she has worked for the past 30 years.
Aguirre is among the neighborhood grocers suing New York City Mayor Zohran Mamdani over his plan to open city-backed grocery stores across all five boroughs. He says the plan will offer shoppers prices roughly 30% lower than comparable retailers. Local business owners argue it will force small local-run stores to shutter.
Experts Scorch Mamdani's Grocery Plan As An 'Illusion' That Will Have Taxpayers Footing The Bill
"When we heard Mamdani was opening a grocery store where people are gonna save 30%, it scares us because we don't have the money to compete," Aguirre said.

#aguirre #mamdani #city

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Switzerland wants UBS to be safer after Credit Suisse blew up. UBS says too much safety could make it less competitive. Now lawmakers are trying to mix a regulatory **** tail that protects taxpayers without turning the country's last megabank into a padded cell with a banking license.
Swiss lawmakers are expected to send a softened banking reform proposal to the upper house of parliament, as the country tries to settle one of the biggest questions left by the Credit Suisse collapse: how much capital should UBS be forced to hold?
The Swiss government originally wanted UBS to hold about $20 billion in additional Common Equity Tier 1 capital. CET1 is the hard stuff: high-quality equity capital that absorbs losses first and gives regulators comfort when a bank gets into trouble.
The proposed requirement followed UBS's emergency takeover of Credit Suisse in 2023. That deal stopped one crisis, but created another problem. Switzerland now has one giant globally important bank, and regulators want to make sure taxpayers are not dragged back into another rescue.

#make

California's "monumental problem" with rampant fraud is about to get significantly worse, according to Republican state ******* emblyman Carl DeMaio, after Gov. Gavin Newsom signed a bill that he warns will crack down on people investigating scammers.
Officially ******* led "Privacy for immigration support services providers," the new law creates privacy protections for immigration support service providers, employees and volunteers, including shielding their addresses and imposing penalties on those who publish their images on social media. DeMaio told Fox News Digital the bill amounts to criminalizing investigative journalism and works to "silence citizen journalists and shield taxpayer-funded organizations from public scrutiny."
"What does the Stop Nick Shirley Act do? It basically makes it illegal for a citizen journalist to document fraud of taxpayer money and post that on the internet in the form of an internet video," he said.
Newsom signed the bill into law last week, and it is set to take effect Oct. 1. DeMaio told Fox News Digital that he and a "coalition of civil liberty protectors" are prepared to file a lawsuit challenging the law.
Dems Ripped For 'Stop Nick Shirley Act' That Could 'Shield' Fraud And Abuse In California

#newsom #digital #nick #shirley

A Florida grand jury found that Republican Gov. Ron DeSantis' administration "misappropriated" $10 million in taxpayer money it diverted to a charity connected to his wife, but it declined to file criminal charges due to a lack of evidence indicating who specifically was responsible.
DeSantis on Thursday did not dispute the legitimacy of the secret grand jury report obtained and published online by CBS News Miami, but he insisted no laws were broken and said whoever leaked the sealed documents would face "consequences."
The Leon County grand jury completed its report in January on investigations into Hope Florida, the charity started in 2021 by Florida first lady Casey DeSantis. Despite the lack of charges, the report ignited a new round of criticism aimed at DeSantis and other top state Republicans over the charity receiving $10 million from a state Medicaid settlement intended to help poor children get health insurance.
David Jolly, the Democratic nominee for governor, called for the grand jury probe to be reopened. He faces Republican Byron Donalds in November. DeSantis, under Florida law, cannot seek a third term.
The Hope Florida charity is supposed to help financially struggling families connect with churches and aid groups to help keep them off publicly-financed ***** istance programs. The $10 million was instead moved to political action committees that used the money to oppose a 2024 statewide ballot measure that would have legalized marijuana for adults in the state.

#grand #jury

The Los Angeles Lakers failed in their quest to sign Jonathan ***** inga in free agency, with the forward opting to join the Minnesota Timberwolves instead. The Lakers reportedly put a three-year, $36 million deal on the table, but ***** inga agreed to a two-year, $12 million contract with the Timberwolves.
It was an interesting decision, and ***** inga's agent, Aaron Turner, revealed to The Athletic how Anthony Edwards helped convince his client to come to Minnesota.
"Ant was super active in the recruitment of him," Turner said. "One thing he did was focus his message on, we're gonna really guard here. Everybody looked at the offensive end. JK and I looked more at the defensive end."
The Timberwolves were initially offering ***** inga just the $3.6 million veteran minimum salary, and that was too low for even Edwards to do anything. Turner unsurprisingly asked them to free up more money to put up a more appealing offer. So why did they do that now?
Well, the Timberwolves just got a new controlling owner in Marc Stad. Stad told the president of basketball operations, Tim Connelly, to do whatever it took to get up to the $6 million taxpayer mid-level exception.

#million #turner #free #year

In the end, Jonathan ***** inga was willing to take less money per year to get back on the market sooner rather than take a longer contract with more guaranteed money.
After intense recruiting from Anthony Edwards and others, ***** inga has agreed to join the Timberwolves on a two-year, $13 million contract, a story broken by Shams Charania of ESPN. ***** inga stepped into the taxpayer mid-level exception the Timberwolves still had available.
This is a recruiting coup for the Timberwolves, who put on a full-court press in the last month, Charania reported. That included Edwards and other players, as well as team president Tim Connelly, who reportedly had a four-hour meeting with him. ***** inga is expected to step into the starting lineup at the three next to LaMelo Ball, Edwards, Jaden McDaniels and Rudy Gobert.
The Lakers had been pursuing ***** inga to become a starter next to Luka Doncic and Austin Reaves, and they were trying to work out a sign-and-trade with Atlanta, but that would have required ***** inga to sign at least a three-year contract instead of the two in Minnesota. Plus, the Lakers and Hawks struggled to come close to a trade that worked for both sides for a variety of reasons (such as the Hawks wanting picks but not taking on players).
Kuminga did not find as robust a market for his services as he expected this summer. Atlanta chose not to pick up his $24.3 million team option, and ***** inga initially hoped for a deal in the ballpark, or at least north of $15 million. Eventually, it became about the shorter contract and the opportunity to play on a team with big expectations and to prove his value in that setting that lured him to Minnesota.

#kuminga #timberwolves #Lakers

Social Security's 2034 trust fund depletion could slash monthly payments to 78%, making early claiming at 62 a compelling strategy for 1964-born Boomers.
$ARCC yields nearly 10% and $MO has raised dividends 57 consecutive years, both carrying Buy ratings from top Wall Street ****** ysts.
Reinvesting dividends from these 6%+ yielding stocks can more than offset the 30% reduction early Social Security claimants accept versus waiting until 67.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and United Parcel Service didn't make the cut. Grab the names FREE today.
Numerous studies indicate that the Social Security Old-Age and Survivors Insurance (OASI) trust fund is projected to run out of reserves in late 2032; while the program is not expected to go bankrupt or disappear, current taxpayers will still fund a large portion of the payments. Some project that payments could fall to 78% of a recipient's current payment. That means every $1,000 in payments could be cut to $780 if Congress does not intervene. The Social Security Administration says that if combined with the Disability Insurance trust fund, the depletion date is extended to 2034, when 83% of benefits would remain payable. The bottom line is that Congress will likely wait until the bitter end to fix things, as it has in the past.

#trust #early

Sources shared insights into Prince Harry's thoughts on his return to the UK. They claim that he never stopped missing Britain after stepping away from royal duties in 2020, and that it's still home to him. This piece of news comes after Harry's bold remark last year. The Duke of Sussex claimed that he couldn't "see a world" where he could bring Meghan Markle and the kids back to the UK.
A source close to the couple suggests that Prince Harry continued to miss Britain. They added, "He's missed that sense of connection and belonging. Britain is still home in many ways." However, they mentioned that the decision to relocate to the UK was taken as a family altogether. They said that for Meghan Markle, this decision seems appealing. The ***** ss reportedly feels they would be able to give their children the experience of both worlds, per a Montecito insider.
The decision to move back to the UK comes over a month after the Sussexes' private reunion with King Charles at Highgrove House. Upon their relocation, they will reportedly neither be offered taxpayer-funded security nor accommodation. They will continue to remain private individuals and stay in a non-royal base outside of London. Archie and Lilibet are also set to join a school in the UK, starting next month. The name of the school is still under wraps.
Recently, a report by The Times stated that Harry had been discussing a move to the UK for several years. However, it materialized only after a key approval involving his kids' education. "They had to wait to be told whether or not their children had got in—just like many other people waiting in mid-August. They weren't able to confirm their plans until very late in the day, because the school—rightly—works to their own timetable. There was no special treatment," the source said. Reportedly, they finalized the decision before telling King Charles, whom they officially informed on August 16.
The post Prince Harry's Feelings About Returning To The UK Revealed — Source appeared first on Mandatory.

#still #school

The Department of Homeland Security (DHS) issued a new proposed rule for H-1B visas on Monday that would charge a $103,265 fee for all workers seeking to gain employment in the U.S. who are subject to the annual statutory cap.
Notice of the proposed rule says the fee would be used for the federal government's costs of administering the lawful immigration system, including activities carried out by the DHS and the departments of Justice, State and Labor.
"The proposed H‑1B fee is intended to recover the costs incurred across the federal government to adjudicate, vet, and support lawful immigration programs that otherwise must be funded by taxpayers," U.S. Citizenship and Immigration Services spokesperson Zach Kahler said in a release.
The move follows a federal judge's decision in June to strike down the Trump administration's previously proposed $100,000 fee for H-1B visa applications.
U.S. District Judge Leo Sorokin ruled that it was unlawful to implement a tax on visa applications, as Congress is the only legislative body with the authority to set immigration policy and taxes.

#rule #costs #Visa #department