June 2023

The Unprepared Retiree: A Growing Concern Americans near retirement or recently retired are still not prepared, according to a new survey, "Americans Change Retirement Savings Strategies," from the Alliance for Lifetime Income (ALI). The ALI is a nonprofit consumer organization that educates Americans on how to protect their retirement. Jason…

Biden and Newsom Announce $600 Million for Climate Resilience Projects in California Rep. Mike Thompson (CA-04) expressed his support for the recent announcement made by President Joe Biden and California Governor Gavin Newsom. The leaders confirmed that more than $600 million from the Inflation Reduction Act and Bipartisan Infrastructure Law…

Understanding the Financial Burden on Young Adults Many young adults live at home to save money for themselves, but a significant percentage also do so to help their parents financially. According to the Federal Reserve's survey on the financial well-being of American households, 33% of adults aged 22-24 and 42% of those aged 25-29 live at home to…

Search for Missing Civilian Submersible in North Atlantic Officials are in a race against time to find a civilian submersible that went missing on Sunday in the North Atlantic while voyaging to the wreckage of the Titanic. The 21-foot vessel has four days of emergency capability, and crews with the US and Canadian coast guards are scouring the…