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Five US Marines who were missing after two aircraft collided mid-air off the coast of Japan on Thursday morning have been declared dead, the US Marine Corps said.The US military called off its search for the Marines on Tuesday, according to a statement from the Marine Expeditionary Force."The Marine Corps has pronounced the five remaining Marines involved in the F/A-18 and KC-130 aviation mishap deceased," the Marine Corps said in a statement. "The change in status comes at the conclusion of search and rescue operations."The identities of the Marines have not been released, but the Marine Corps said their next of kin have been notified. 652

France is to suspend a planned fuel price hike after "yellow vest" protests erupted into violence over the weekend, prompting calls for calm and government talks.According to CNN affiliate BFMTV, Prime Minister Edouard Philippe will announce a moratorium Tuesday on fuel price hikes, which had been scheduled to come into effect on January 1.The rising cost of gasoline and diesel fuel sparked protests which have since evolved into broader demonstrations against President Emmanuel Macron's government, exposing tensions between the metropolitan elite and rural poor.The protests take their name from the high-visibility "yellow vests" or "gilets jaunes" that drivers are required to keep in their vehicles for safety reasons.Macron had requested political leaders meet the protest organizers this week. However on Monday two protest leaders, Benjamin Cauchy and Jacqueline Moreau, pulled out of a meeting with Prime Minister Philippe planned for Tuesday, according to the movement's spokesman Maxime Nicole.Philippe canceled a trip to the COP24 climate conference in Poland to address the issue, which had threatened to flare again this coming weekend.The government is likely hoping the suspension of the fuel hikes will take some heat out of the protests, which brought an estimated 36,000 people onto the streets of France on Saturday.Around 400 people were arrested after a violent minority turned on police, throwing projectiles and vandalizing statues.The city's famed Arc de Triomphe was scrawled with slogans in support of the yellow vest movement and others criticizing Macron as the President "of the rich."Paris prosecutor Remy Heitz said that among the protesters were people from across the country who had descended upon Paris with the express intent of causing trouble.He added that authorities would crack down hardest on those who had joined the street demonstrations explicitly carry out violent acts. 1929

Financial fallout from the pandemic is hitting millennials hard — and many will soon turn to their parents for help, if they haven’t already.Before parents ride to the rescue, financial planners urge them to map out a strategy that doesn’t just plug a short-term need but also makes sense in the long run.“Often the heartstrings will get pulled — ‘I really have to help them!’— but it can be detrimental to the parent,” says certified financial planner Jeffrey L. Corliss of Westport, Connecticut.(Of course, financial aid can flow the other way, as many millennials help support their parents. I’m addressing parents here, but most of the advice applies to kids helping their folks as well.)Millennials losing jobs, incomeEven before the pandemic, millennials had lower median incomes, far more debt and a much smaller slice of the nation’s wealth than boomers had at the same age. Millennials — usually defined as those ages 24 to 39 — are more likely than older generations to have lost jobs or household income because of the pandemic, various surveys show.“I’ve already seen clients coming in, worried about their kids,” says CFP Deborah Badillo of Miami. “‘They’re going to lose the house! What can I do to help them?’”Have them explore alternativesEncourage your kids to take full advantage of available financial help before extending yours, Badillo says. They may not know, for example, that unemployment benefits have been dramatically expanded because of the pandemic. Weekly payments are higher and are available to people who normally wouldn’t qualify, including gig workers, the self-employed and people whose hours have been reduced.In addition, there are many more options for people struggling to pay debt. Most mortgages qualify for forbearance programs that allow homeowners to skip payments for up to a year. Hardship programs have been added or expanded by credit card companies and other lenders. Federal student loan payments have been paused until Sept. 30, and income-driven programs can reduce payment amounts after that.Another option is a coronavirus hardship withdrawal, which allows people to tap their IRAs and 401(k)s without penalty if they were physically or financially affected by COVID-19. The withdrawals are taxable, but if the money is paid back within three years those taxes are refundable. Raiding retirement funds isn’t ideal, of course, but your kids have many more years to replenish their retirement savings than you do.Assess your own situationWhile your kids are filing for unemployment and calling their lenders, take a moment to assess your own finances. Where will the cash for your kids come from? It’s one thing to give away money you’ve been saving for a vacation, since you’re unlikely to travel soon anyway. It’s quite another to undermine your own ability to retire or handle a layoff or other setback.Some parents make a conscious decision to operate with a smaller cushion, or to delay their retirements, to help their children, says CFP Lazetta Rainey Braxton in New York. Just keep in mind that you may not get to decide when you retire. Many workers retire earlier than expected, often because of a health problem or job loss. Helping your children now could mean you have to lean on them later, Braxton says. If you’re not sure how this financial aid will impact your future finances, a consultation with a fee-only financial advisor could bring you some clarity.Set some boundariesFinancial planners typically recommend deciding how much to give, and then setting clear boundaries about when the financial help will end. That’s tricky now, of course, because no one knows how long the current economic crisis will last.But parents can still set expectations in other ways, financial planners say. If the child didn’t have an emergency fund, for example, parents can discuss the importance of saving money out of every future paycheck, so the child won’t have to rely on family help again, Braxton says.“Some parents will just put on a Band-Aid and give them money, but they really haven’t helped in terms of their financial capacity,” Braxton says.If an adult child is moving back home, Corliss suggests a written contract outlining chores and responsibilities, such as how soon they’ll be expected to move out after finding a job. A similar end date can be set for any cash the parents hand out. Corliss says the message should be clear: “We expect you to get on your feet as soon as you can.”This article was written by NerdWallet and was originally published by The Associated Press.More From NerdWalletMortgage Relief Programs for Homeowners Hit by the Coronavirus CrisisWhat Is a Credit Card Hardship Program?Cashing Out a 401(k) Due to COVID-19? Consider These Things FirstLiz Weston is a writer at NerdWallet. Email: lweston@nerdwallet.com. Twitter: @lizweston. 4841

First Lady Melania Trump announced Monday that the new tennis court pavilion at the White House is completed, just six weeks before President-elect Joe Biden is expected to be sworn in as the 46th president of the United States.According to a White House press release, the project included renovating the existing tennis court and children's garden, as well as building the new pavilion, which was both "planned to blend with the existing structures on the White House grounds."The new building's design was inspired by the White House's existing architectural style, especially the East and West Wings, the first lady's office said."The colonnade, parapet wall, and fanlight windows tie the new building to the existing look and feel of the White House," the press release stated."I am pleased to announce the completion of the Tennis Pavilion on the White House grounds. Thank you to all of the talented craftsmen who made this project possible and to the generous supporters of the White House," said First Lady Melania Trump. "It is my hope that this private space will function as both a place of leisure and gathering for future First Families."Planning for the renovation began in early 2018. The Commission of Fine Arts and the National Capital Planning Commission approved the project in June 2019. Construction began that October.The White House says the project was paid for with private donations and did not disclose the cost. 1449

FRANKFORT, Ky. -- Kentucky Gov. Matt Bevin is taking a stand on school shootings after 17 people died in a Florida school this week.It's a societal scourge that's top of mind for Bevin since not even a month has passed since a shooting killed two at Marshall High School in the small western Kentucky town of Benton.RELATED: Trump cites mental health in shooting, no mention of gunsIn a Facebook video posted Thursday night, Bevin called on producers of movies, music, television shows and video games to be part of an effort to “figure out how to try to repair this fabric of America that’s getting shredded beyond recognition.”"Our culture is crumbling from within, and the cost of it is high," Bevin said. "All of you, we've got to step up. We're the adults -- let's act like it. Let's step forward. Let's start a conversation."He also made the more standard overtures to fellow governors, the president and Congress to strike up a dialogue that can prevent future school shootings.Watch the video in the player below.The Associated Press reports Bevin also?told talk radio hosts on Thursday that guns are not the reason for the increase in school shootings. He blamed a culture that delegitimizes life through violent video games, TV shows and music lyrics.Bevin called video games where people kill others “garbage” and said “it’s the same as pornography.” He said “freedom of speech” has been abused by allowing things that are “filthy and disgusting and have no redeemable value.” 1505