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The man responsible for some of the 20th century’s most iconic pop music sounds has died aged 91.
Quincy Jones, the producer who worked on Michael Jackson’s seminal album Thriller, died on Sunday night at his Los Angeles home surrounded by family.
Jones “passed away peacefully” Sunday night at his home in Bel Air while surrounded by his family, his publicist Arnold Robinson said. “Tonight, with full but broken hearts, we must share the news of our father and brother Quincy Jones’ passing. And although this is an incredible loss for our family, we celebrate the great life that he lived and know there will never be another like him,” his family said in a statement.
In a prolific career that spanned more than 70 years, Jones established himself as a behind-the-scenes force and a gifted artist in his own right, working as an arranger, composer, songwriter and performer.
KHe left indelible imprints on jazz, pop, hip-hop and dozens of film and television soundtracks, working closely with some of the most illustrious names in the American songbook, from Count Basie and Dinah Washington to Frank Sinatra, Aretha Franklin and Paul Simon.
He produced Michael Jackson’s smash record “Thriller,” as well as Steven Spielberg’s adaptation of “The Color Purple” and the NBC sitcom “The Fresh Prince of Bel-Air” — projects that helped bolster his legacy as a hit-maker and media mogul.
With receipts, blogger Pinovibes has called out life coach Solomon Buchi, for asking what he does for a living.
He said he was surprised at the question life coach Buchi was asking him, because they have had relationship for more than 10 years. He messaged him on Facebook to help him share a post on his page. No he is saying he doesn’t know what he does for a living. Maybe probably because he doesn’t have as much followers has he does and he knows he will get there someday.
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Hours after being released from EFCC custody, Bobrisky has jetted out of Nigeria.
The Nigerian number one crossdresser has shared the video of herself after she left Nigeria, hours after his release from EFCC custody over the 15million bribery allegation.
Click to watch
The IRS has allowed workers at one company use to use 401(k) matching contributions to pay for medical and student loan expenses, indicating the possibility that others might someday be able to do the same.
The agency in an August ruling determined that a company, which it didn't name, could allow its workers to allocate matching contribution to their 401(k), retiree health reimbursement arrangement (HRA), health savings account (HSA), or an educational assistance program used to pay off student loans.
During open enrollment, employees would make an annual election for those matching contributions. If the employee doesn't make a choice, those contributions are allocated to their 401(k).
While the private letter ruling only applies to one company, under the Secure 2.0 Act—a federal retirement law passed in 2022—all companies can now offer employees matching contributions to pay off student loans. This change went into effect at the beginning of 2024, but it's unclear how many employers currently offer the benefit or plan to in the future. (Private letter rulings often are made and released months after an entity makes a request.)
This move, if undertaken at the company that made the IRS request, would give employees the option to use matching contributions to pay off student loans or to stash money in an HSA, but could come at the cost of missed retirement savings down the road, according to Melissa Caro, a certified financial planner (CFP).
"Ultimately, the best approach is to contribute as much as possible to your 401(k), including the employer match," Caro said in an email. "If debt needs attention, cutting back elsewhere may help you manage it better, rather than diverting from your retirement savings."
She does, however, note that an HSA can provide tax savings and be used to pay off health expenses in retirement.
And some might benefit from using the match to pay off student loans: “For high-interest student loans [above 7%], using your match for repayment can make sense," wrote Priya Malani, founder of Stash Wealth, in an email.
Update: This article has been updated to add the comment from Malani.
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The last days of the U.S. presidential campaign have been plenty dramatic for the candidates–and for the stock linked with their political—and, partly, personal—fortunes.
Shares of Trump Media & Technology Group (DJT), majority owned by former President Donald Trump, the Republican nominee, finished today's session down 13% to less than $31. They’ve this week risen as high as 40% above last Friday’s close near $39 and fallen more than 20% below it, meaning big swings in the market value of Trump's majority stake, which nevertheless is worth billions of dollars.
And that’s on little in the way of actual news about the company, which operates the Truth Social platform. Instead, traders have seized on the story as a way to wager the outcome of the presidential election, seen broadly as a race between Trump and Democratic Vice President Kamala Harris. (There was at least one interesting report Friday: said some investors believe Tesla (TSLA) CEO and X owner Elon Musk might look to acquire the company.)
Polls generally point toward a close contest ahead of Election Day. On some prediction markets, speculators seem to more strongly believe in the likelihood of a Trump win: On Polymarket, for example, traders have generally backed a more-than-60% likelihood of a Trump victory for most of this week; those odds were a bit lower on some other platforms. (Here's guide to elections betting,)
Meanwhile, Trump Media shares have moved dramatically, with trading in the stock subjected to volatility-based halts multiple times this week. At one point, the shares traded at levels not seen since the high-flying days after their debut on public markets earlier this year.
For now, they’re back around July levels after climbing off September lows.
: This article has been updated to reflect fresh share price information and to incorporate the article.
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Oil-and-gas giants Exxon Mobil (XOM) and Chevron (CVX) surpassed subdued third-quarter earnings expectations Friday. But substantially weaker profit margins for refined products, reflecting lower summer fuel prices, dropped overall net income for both companies from a year ago.
Exxon reported net income of $8.6 billion, or $1.92 per share. That beat the consensus projection as tracked by Visible Alpha. But profits fell 5% from the same period a year ago and 7% from this year's second quarter. Year-to-year profits at Exxon have declined in five of the past six quarters.
Chevron suffered a steeper earnings hit from a year ago. The company reported net income of $4.5 billion, or $2.48 per share. Profits fell 31% from the same period a year ago, though they increased marginally from this year's second quarter.
Chevron's shares were 3% higher in afternoon trading, while Exxon's were off nearly 1%.
Exxon said its "significantly weaker industry refining margins" declined from historically high levels as "supply from industry capacity additions outpaced record global demand."
Indeed, average U.S. prices for all gasoline grades fell to $3.48 per gallon during the quarter, down 10% from $3.87 in last year's third quarter. Average diesel prices dropped to $3.69 per gallon from $4.48, down 18%.
U.S. fuel prices peaked late this winter and early this spring, a seasonal anomaly that helped consumers and the Federal Reserve's fight against inflation. But for energy producers, falling prices of oil, natural gas, and fuel have reduced the historically strong profits they enjoyed in late 2022 and much of 2023.
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