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US Economy
Unraveling the US Retirement Income Crisis: Key Insights
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…
Top 3 US States for an Amazing Retirement in 2023
Increasing cost of living challenges for Baby Boomers
As more Baby Boomers (1946-1964) retire every year, the cost…
Thompson Secures $600M+ for California’s Climate Resilience Boost
Biden and Newsom Announce $600 Million for Climate Resilience Projects in California
Rep. Mike Thompson (CA-04)…
5 Power Tips: Aid Your Parents Financially in Your 20s-30s
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…
Retire Comfortably Under $500k: Discover the Affordable Path
fizkes / iStock.com
Building a nest egg can be daunting, even with a modest goal like $500,000 in savings.…
BYD Claims Act Blocks Affordable EVs – Is it Logical?
BYD's Stance on the US EV Market
Chinese electric vehicle (EV) giant BYD believes that the USA's Inflation…
Income Inequality Worsens Social Security Crisis
Why Social Security's Income Inequality Problem Is Impacting Retirees
For most retirees, Social Security is a critical source of income, helping 80% to 90% of them make ends meet. However, this essential program is on increasingly shaky ground due to several demographic shifts, including a growing income inequality problem.
Demographic Changes…
IRS Embraces Digitalization Initiative to Drive Innovation and Improve Taxpayer…
Digital Intake Initiative: A New Approach to Tax Filing Efficiency for IRS
The Enterprise Digitalization Office…
Biden Averts U.S. Default: Debt Ceiling Bill Signed & Sealed
President Biden Raises Debt Ceiling to Avoid Default
President Joe Biden signed a bill on June 3rd, just two days…
Exciting Job Growth Powers a Sixth Winning Week in Stocks Following Historic Debt Ceiling Bill Approval
Stocks Rise on Positive May Jobs Report and Debt Ceiling Bill
Stocks rose on Friday, May 7th, after traders analyzed the May jobs report and celebrated the passage of a debt ceiling bill that prevents the U.S. from defaulting on its financial obligations. The Dow Jones Industrial Average jumped 395 points, or 1.2%, while the S&P 500 and…