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There’s a big inherited IRA change in 2025. How to avoid a penalty newsthirst.

Greg Hinsdale | The Image Bank | Getty Images Inheriting an individual retirement account is a windfall for many investors. However, a lesser-known change for 2025 could trigger a costly surprise penalty, financial experts say. Starting in 2025, certain heirs with inherited IRAs must take yearly required withdrawals while emptying accounts over 10 years, known…

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NBA gambling ring also includes games involving at least three college programs newsthirst.

A suspected gambling ring under federal investigation for its role in two NBA betting cases also was involved in unusual wagering activity on at least three men’s college basketball programs this season, ESPN reported Monday. Sportsbook accounts connected to the gambling ring bet against Eastern Michigan, Mississippi Valley State and North Carolina A&T, according to…

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From ‘maza nhi aa raha’ to ‘best night of my life’: Fans’ contrasting reactions to day 1 of Diljit Dosanjh’s Delhi show newsthirst.

Concertgoers, who attended Diljit Dosanjh’s first show on the India leg of the Dil-Luminati Tour 2024 in New Delhi, gave contrasting accounts of their experience. Several people took to X (formerly Twitter) on Sunday and spoke about the concert held at the Jawaharlal Nehru (JLN) Stadium. Diljit will also perform at the same venue on…

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Politicians who deliberately lie could be forced from office in Wales | Welsh politics newsthirst.

Elected politicians who deliberately lie could be forced from office under proposals designed to put Wales at the forefront of the “global challenge” to restore trust in politics. Radical changes suggested by the Welsh parliament standards committee would also make candidates in elections liable to criminal prosecution for making any false statement to win votes….

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Bank of England must proceed with caution over future rate cuts, says deputy governor | Bank of England newsthirst.

Bank of England policymakers must proceed cautiously – like mountaineers – as they cut interest rates in the months ahead as inflation risks rise, according to the central bank’s deputy governor, Dave Ramsden. In a speech at Stellenbosch University in South Africa, Ramsden – a climber himself – returned to the mountain analogy previously used…

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