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Investors continued to parse conflicting signals on whether the war in the Middle East was nearing de-escalation.
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Iran says it is reviewing a US ceasefire plan but no talks; Trump says Tehran leaders want a deal ReutersIran has no intention to hold talks with U.S; foreign minister says Trump proposal to end war being reviewed CNBCIran war updates: Tehran says no talks as Trump threatens to ‘hit harder' Al Jazeera
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Investors reacted to signals of possible de-escalation of the war in the Middle East.
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Donald Trump to visit Xi Jinping in May after Iran war postponement BBCTrump Had His Eye on China, Then Plunged Into a New Mideast War The New York TimesTrump plans May visit to China for talks with Xi after Iran war delay ReutersWhite House says Trump will meet Xi in China in May CNBC
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TSA boss warns of airport shutdowns, but no deal yet on day 40 of Homeland Security funding fight AP NewsHouston's Bush Airport has had some of the worst TSA wait times. Here's why CNNU.S. airports changing arrival time guidance for travelers as TSA chaos continues NBC NewsWhy are airport security delays worse in Houston? Houston Public
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Software giant Microsoft sounded the alarm about the rise of several new phishing campaigns taking advantage of the tax season to steal credentials and plant malware, some of which target accountants specifically.
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Stock Market Today: Dow Moves Higher, Oil Pulls Back on Cautious Optimism — Live Updates WSJStock futures slip as traders monitor U.S.-Iran war developments: Live updates CNBCStocks rally, oil prices fall amid talk of Iran ceasefire NBC NewsStock market today: Dow, S&P 500, Nasdaq rise on hopes of US-Iran talks, oil drops below $100 Yahoo Finance
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Iran foreign minister acknowledges ‘exchange of messages' with US through mediators but denies negotiations CNN'No intention of negotiating for now,' says Iranian minister, as US insists war goals almost met BBCIran War News: Trump White House Threatens More Attacks if Iran Doesn't Make Deal — Live Updates WSJWhite House signals ‘core objectives' met on war as Iran vows ‘relentless' attacks The Hill
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Analysts see ways that Microsoft could ultimately improve trends in its cloud and software businesses, but they may take some time to manifest.
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Meta is laying off hundreds of employees as it pours money into AI The VergeMeta Lays Off 700 Employees, While Rewarding Top Executives The New York TimesMeta lays off hundreds amid AI spending, fizzled metaverse plans The Seattle TimesMeta cutting several hundred jobs across Reality Labs, Facebook and other departments CNBC
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White House says Trump will meet Xi in China in May CNBCTrump Had His Eye on China, Then Plunged Into a New Mideast War The New York TimesTrump reschedules Iran-delayed China visit for May 14-15 ReutersTrump to Travel to China on May 14-15 for Summit With Xi Bloomberg.comTrump's Visit to China Won't Fix Much, If It Even Happens
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White House downplays reports Iran rejected Trump peace proposal AxiosLive updates: White House says Iran talks proceeding as foreign minister denies negotiations CNNTrump to hit Iran harder if Tehran does not accept defeat, White House says ReutersWhite House warns Iran against balking at deal: Trump ready to 'unleash hell' Fox News
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Are you thinking of retiring soon? Perhaps earlier than you had planned years ago? A potential hurdle could be the incentives set up by the Social Security Administration - they calculate your benefits to reward you for staying in the workforce.
But if you are looking to take an early retirement, you're not alone.
SEE MORE What If I Retired Today?
In the first 15 months of the COVID pandemic (March 2020-May 2021), about 2.5 million Americans retired. That was about twice the number of people who retired in 2019. This means there were essentially 1.2 million fewer people in the workforce over the age of 55 than would otherwise be expected.
First, find out what Social Security benefits you can expect
For anyone born in 1943 or later, your full retirement age, as defined by the Social Security Administration, is between age 66 and 67, based on your birth year. If you're contemplating retiring before that, it's important to know that the Social Security program has been orchestrated to incentivize beneficiaries to delay claiming benefits. Specifically:
If you start taking benefits at age 62, your Retirement Benefit will shrink by 25% to 30%, depending on your birth year. That's because your lifetime annual benefits are decreased by approximately 8% for each year prior to your full retirement age you start to claim them.Conversely, your lifetime annual benefits increase by 8% for each year past your full retirement year if
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