Two Chinese nationals have been killed after an explosion near Jinnah International Airport in Karachi, Pakistan. The Chinese embassy in Pakistan said "many Pakistani personnel were killed and injured" in the blast, which happened around 23:00 local time (17:00 GMT). The overall death toll is as yet unclear. read more
Melania Trump seems to have joined a long line of Republican former first ladies who have come out in support of abortion rights, putting them at odds with their husbands' public views. In a short video clip promoting her forthcoming book, Mrs Trump expressed her support for women's "individual freedom", describing it as an "essential right that all women possess from birth".
Tens of thousands of dockworkers have gone on strike indefinitely at ports across much of the US, threatening significant trade and economic disruption ahead of the presidential election and the busy holiday shopping season. Members of the International Longshoremen's Association (ILA) walked out on Tuesday at 14 major ports along the east and gulf coasts, halting container traffic from Maine to Texas. The action marks the first such shutdown in almost 50 years.
SpaceX has launched its mission to bring back two astronauts stranded on the International Space Station (ISS) since June. read more
For over a decade, business was booming in Hollywood, with studios battling to catch up to new companies like Netflix and Hulu. But the good times ground to a halt in May 2023, when Hollywood's writers went on strike. read more
Would taxpayers get to deduct unrealized capital losses?
I found this bit:
If the asset declined in value in a future year before being sold, it would produce an unrealized capital loss, reducing the taxpayer's tax liability. An unrealized loss would first reduce remaining installments of tax owed on previous unrealized gains before being refunded in cash.taxfoundation.org
Hope all the smart people got the heck out of the way.