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The Latest: Iran launches missiles at Israel and Gulf states as explosions hit Tehran

Iran's missiles set alight a refinery and damaged a desalination plant in Kuwait on Friday as Israeli and U.S. strikes kept hitting Iran.

As the war that began Feb. 28 was to enter its sixth week, Israel, Bahrain and Kuwait warned about incoming missile fire, although it was unclear if anything was struck. Activists in Iran reported strikes around Tehran and the central city of Isfahan.

Iran’s attacks on Gulf region energy infrastructure and its tight grip on the Strait of Hormuz, through which a fifth of the world’s oil and natural gas transits in peacetime, has... Read More

5 Financial Freebies Every Investor Should Claim

In the world of tax law, truly “free” lunches are rare. Usually, a tax break in one area requires a sacrifice in another. However, if you know where to look, the tax code contains several freebies—legal provisions that allow you to increase wealth, generate income, and gift money without the IRS taking a single penny.

Here are five of the most powerful financial freebies available to investors today.

1) The 0% capital gains rate

Most investors assume that selling a winning stock always triggers a tax bill. However, for those in the lower income brackets... Read More

Iran fires on targets across the Mideast while Israel and US hit Tehran as war nears its 5th week

DUBAI, United Arab Emirates (AP) — Iran fired on targets Friday across the Middle East, damaging a desalination plant and setting a refinery ablaze in Kuwait, while American and Israeli airstrikes hit the Islamic Republic as the war neared the end of its fifth week.

Tehran has kept the pressure on Israel and its Gulf Arab neighbors, despite U.S. and Israeli insistence that Iran’s military capabilities have been all but destroyed. In a sign that part of Iran’s theocracy could be willing to negotiate, the country's former top diplomat published a proposal for ending the... Read More

Oil prices surge while Asian share prices rise moderately

TOKYO (AP) — Oil prices continued to surge on worries of a prolonged Iran war but most Asian markets that were open rose moderately in cautious trading Friday.

In Europe, trading was closed in France, Germany and Britain for the Good Friday holiday.

U.S. markets trading also was closed, but S&P 500 futures are trading and slipped nearly 0.3% to 6,604.50. Dow futures were down 0.3% at 46,615.00.

Benchmark U.S. crude rose 11.4% to $111.54 a barrel. The price of Brent crude, the international standard, jumped 7.8% to $109.03 per barrel.

“A more... Read More

Olympic gold medalist boxer at center of gender controversy advances to Asian semifinals

ULAANBAATAR, Mongolia (AP) — Olympic gold medalist Lin Yu-ting won her quarterfinal bout at the Asian boxing championships on Friday in her first event since World Boxing said she passed a gene test to confirm her gender.

Taiwan’s first Olympic boxing champion beat Thananya Somnuek of Thailand 5-0 in the first round in the 60-kilogram lightweight division earlier this week.

She backed that up Friday with another 5-0 win over Ayaka Taguchi of Japan, the top-seeded woman in the division. Lin won every round on all five judges’ scorecards, securing a perfect score of... Read More

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The Latest: Iran launches missiles at Israel and Gulf states as explosions hit Tehran

5 Financial Freebies Every Investor Should Claim

Iran fires on targets across the Mideast while Israel and US hit Tehran as war nears its 5th week

Oil prices surge while Asian share prices rise moderately

Olympic gold medalist boxer at center of gender controversy advances to Asian semifinals

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