➤ President Biden addressed the DNC late Monday night, endorsing Vice President Kamala Harris as the party’s nominee while holding back tears in remarks bumped out of prime time. (More) 

➤ Food industry officials pushed back on Vice President Harris' claims of "price gouging," blaming price increases on federal economic policies causing high inflation and rising labor and raw material costs. (More) 

➤ Federal authorities warned that Iran was actively trying to hack into information related to U.S. elections, including the recent breach of former President Trump’s campaign. (More)  

➤ The Israeli military announced Tuesday that it had recovered the bodies of six hostages taken during the Hamas-led terror attacks on October 7. (More) 

Flying together with our sponsor

➤ Top-ranked tennis player Jannik Sinner tested positive for an anabolic steroid in March but will not be suspended because the substance entered his system unintentionally through a massage. (More) 

➤ Oklahoma State University will debut QR codes on its football helmets this season, linking to the team's general fund to boost name, image, and likeness money for the program. (More) 

➤ Nevada advanced in the Little League World Series on Monday, beating the Hawaiian team on a game-winning double play that started with a strikeout and ended with the catcher throwing a runner out.  (See Play)

➤ Yesterday's Results: MLB | WNBA | LLWS

Daily Market Report   08/20/2024

➤ Big Stock Move: Fabrinet, the optical components manufacturer, surged 16% on Tuesday after beating Wall Street sales expectations. (More)

➤ Gold prices hit a new high of $2,531 an ounce on Tuesday as investors looked ahead to U.S. interest rate cuts. (More)

➤ Clif Bar agreed to settle a class action lawsuit over the health value of its protein bars. Consumers could get a cash payment from the $12 million settlement fund. (See Details)

➤ Waymo said it now provides more than 100,000 paid robotaxi rides per week to users in the U.S., double the number it announced in May. (More)

Flying together with our sponsor

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. This expert can also help you make smart investments and refine your plan for retirement. Try SmartAsset's no-cost tool to get matched with up to 3 vetted financial advisors serving your area. Take the quiz.

➤ A rocket engine exploded on Monday during a test by German aerospace firm Rocket Factory at the UK’s new spaceport. No injuries were reported. (See Explosion)  

➤ A group of authors filed a lawsuit against AI startup Anthropic, alleging the company used pirated copyrighted books to train its Claude chatbot, constituting "large-scale theft.” (More)

➤ Researchers discovered a new fish species measuring under three inches in Mauritania's deep-water coral reefs, remaining hidden due to its small size and protective behavior. (See Photos)

Flying together with our sponsor

➤ Leg Swelling in Aging: What to Know & What to Do. Groundbreaking studies have revealed a brand-new remedy for improving circulation and relieving occasional swelling. If your top drawer is full of compression socks...Or you’ve tried making diet changes recommended by a friend or doctor…Yet you look down…And you STILL see swollen, puffy feet and ankles. You might feel defeated. Ready to give up. And just accept that this is a part of aging and something you must learn to ignore…Learn more

➤ Happiness experts reveal counterintuitive ways to "buy" joy, challenging common beliefs about money and well-being. (See Ways)

➤ Etiquette experts share seven phrases they say will make you sound classy and eight pitfalls to avoid. (See Phrases)

➤ A writer proposes unconventional strategies for elevating one's thinking to a genius level. (See Strategies)

Flying together with our sponsor

➤ Take control of your weight loss journey. Reduce cravings and achieve lasting results with Semaglutide or Tirzepatide.  GetThin USA is trusted by U.S. Physicians and Pharmacies and is available nationwide. (See It Here) 

➤ The International Dog Photography Awards showcased a collection of stunning pet photos (See Images)

➤ A herd of life-size elephants are traveling across America as part of a new exhibition. The wooden replicas of real-life Indian elephants were made by hundreds of artists in Southern India. (See Photos) 

➤ Some of the most anticipated historical fiction books of Fall 2024, according to Goodreads, span settings from 14th-century Italy to 1990s Europe. (See Books)

Flying together with our sponsor

➤ Get informed about the cultural trends impacting your teenager's world - all in a 5-minute weekly read. The Culture Translator is a weekly email on the latest music & media trends impacting your kid’s world so you can relate, engage, & ultimately guide them to Jesus. Join 400k+ Christian parents for free! Subscribe here to be equipped to cultivate lifelong faith.

Which book format do you prefer?

1. Hardback
2. Paperback
3. Digital
4. Audio

Yesterday's Results:

Do you still have your high school yearbook?

1. Yes: 73.8%
2. No: 29.7%
3. Gosh, I don't know: 6.5%

Today's Trivia

What is the origin of the trademark “Xerox”?

Show me the answer