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Sullivan vows to honour Alaska race outcome, US judge dismisses DOJ lawsuit
Republican Senator Dan Sullivan pledges to accept Alaska’s election results days after the DOJ sued to decertify the race. A federal judge dismissed the lawsuit, citing practical impossibility and lack of a viable plan.
Here’s how to watch election night as the polls close, hour-by-hour
Vote counting begins Tuesday night but could extend for days or weeks, with Senate control potentially hinging on tight margins across seven competitive states using various counting methods.
Scientists propose a way to detect dangerous “mirror life” before it exists
Scientists propose using circularly polarized light technology to detect hypothetical “mirror life” organisms built from reversed biological molecules before they might be created.
NASA’s asteroid Bennu samples reveal a 4.5-billion-year-old secret
NASA’s Bennu asteroid samples reveal the space rock formed 4.5 billion years ago near the water-ice line, with Jupiter playing a crucial role in mixing materials from across the early Solar System.
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States expand student loan options as new federal borrowing caps take effect — but they come with trade-offs
States are expanding student loan programs as new federal borrowing caps take effect, offering an alternative but riskier option that functions more like private loans with varying interest rates and fewer protections.
Better off together: could combining pension pots boost your retirement income?
Growing numbers of people are consolidating multiple pension pots into single accounts to simplify management and potentially reduce fees, though experts caution the strategy requires careful evaluation of individual circumstances.
The IRS is getting better at spotting crypto tax mistakes. Here’s what it means for investors
The IRS is gaining better visibility into crypto transactions through new reporting requirements, potentially exposing investors who have been unintentionally non-compliant with tax obligations, experts say.
Affordability is a ‘defining challenge’ for Americans, with food costs leading the way, report finds
A new report finds affordability is the defining economic challenge for Americans, with 90% citing groceries and food prices as their top cost concern, ahead of housing and healthcare.
Amid cost of living stress, many parents are supporting children well into adulthood
Rising costs of living are forcing many American parents to support adult children financially well into their 40s, with some allowing grown children to live with them or providing substantial monthly assistance.
Falling long-term unemployment isn’t good news, economists say — what it means for jobseekers
Long-term unemployment fell in July, but economists attribute the decline to workers leaving the labor force rather than finding jobs, raising concerns about household financial stress and economic growth.
For retirees, staying in the stock market is critical. How much exposure is the make-or-break question
Financial advisors now recommend retirees maintain substantial stock market exposure—typically 40% to 80% of portfolios—to combat inflation and longevity risk rather than adopting overly conservative strategies.
Eli Lilly easily tops quarterly estimates, raises outlook as Zepbound and Mounjaro sales surge
Eli Lilly exceeded quarterly earnings and revenue expectations, raising its full-year guidance as sales of obesity drug Zepbound and diabetes treatment Mounjaro surged significantly.
Uber stock sinks 5% after weak guidance despite revenue growth
Uber shares dropped 5.3% after the ride-hailing company issued third-quarter guidance below analyst expectations, despite reporting stronger-than-expected second-quarter earnings and revenue growth.
Situational Awareness hedge fund meltdown was a warning shot for leveraged markets, BofA CEO says
Bank of America’s CEO characterized the recent collapse of AI hedge fund Situational Awareness as a cautionary sign about elevated valuations and excessive leverage in financial markets.
Disney weighs free, ad-supported streaming, says it has sold out Super Bowl ad spots
Disney is exploring a free, ad-supported streaming option to reach price-conscious consumers and has sold out Super Bowl ad inventory at $9 million per 30-second spot.
How Disney parks are bucking a travel slowdown
Disney’s theme parks and experiences division posted record quarterly revenue of nearly $10 billion, up 10% year-over-year, defying a broader slowdown in international travel to the U.S.