What Should We Do About Medicare?

forbes.com President Biden and former President Trump have made the same promise to voters: they won’t touch Social Security or Medicare. That’s not merely disappointing. It’s…

Fitch warns it could still downgrade America’s credit rating despite debt ceiling resolution

cnn.com Fitch Ratings is keeping the United States on watch for a potential credit rating downgrade even after Congress passed a last-minute bill to avert a disastrous default. In…

Joe Biden says the U.S. averted 'economic collapse' with debt ceiling deal and gives rare praise to House Speaker Kevin McCarthy

fortune.com President Joe Biden celebrated a “crisis averted” in his first speech to the nation from the Oval Office Friday evening, ready to sign a budget agreement that eliminates the…

‘We averted an economic crisis’: Biden hails debt-ceiling deal in Oval Office address

marketwatch.com President Joe Biden on Friday hailed passage of a bipartisan deal to raise the U.S. debt limit and avoid a government default, addressing the nation from the Oval Office.…

Trove Of Nearly 10K Hunter Biden Laptop Photos, Docs Appear On Organized Website

zerohedge.com Trove Of Nearly 10K Hunter Biden Laptop Photos, Docs Appear On Organized Website Nearly 10,000 photos from Hunter Biden's abandoned laptop were uploaded to a new website -…

Biden says debt ceiling bill avoids catastrophic economic default

cnbc.com U.S. President Joe Biden addresses the nation on averting default and the Bipartisan Budget Agreement, in the Oval Office of the White House in Washington, D.C., June 2,…

Gold, the Other Bright, Shiny Object

barrons.com Readers weigh in cryptocurrencies, artificial intelligence, T-bills, means testing for Social Security, Torsten Sløk’s view on the economy, and the quality of China’s growth

Are You Eligible For Ex-Spousal Social Security Benefits As A Divorced Spouse?

forbes.com Spousal benefits are probably the most misunderstood Social Security benefit. Ex-spousal benefits may seem even more convoluted. To keep things simple, ex-spousal benefits…

The debt ceiling, Pride Month, and finding an arthritis-friendly place to retire

marketwatch.com Seniors and others who rely on Social Security may be able to breathe easier as we inch closer to squaring away the debt ceiling. Although don’t get too comfortable, we’ve…

Immigration backlog has a U.S. asylum-seeker feeling like he's 'imprisoned in a country'

nbcnews.com MIAMI — Although he's free, the 26-year-old man sometimes feels like he's in a prison. Five years ago, he went into exile in the U.S. after leaving his home country of…

Try This Technique To Avoid Making Retirement Mistakes

forbes.com As you make important decisions that affect your retirement, one key step will be to closely examine your retirement beliefs and assumptions. Doing so can help you avoid…

Fitch still considering US credit rating downgrade despite debt ceiling deal

foxbusiness.com Fitch Ratings said Friday it is holding the United States on watch for a possible credit downgrade, even though Congress passed a bipartisan debt ceiling agreement that will…

The Debt-Limit Deal Suggests Debt Will Keep Growing, Fast

nytimes.com A national debt counter pin is seen on the lapel of Representative Thomas Massie, Republican of Kentucky. Negotiations to prevent a government default reaffirmed that the…

Here’s how the debt-ceiling deal can hurt stock prices while disrupting the bond market

marketwatch.com President Joe Biden is expected to sign legislation into law to raise the federal debt ceiling and avert a potential default on U.S. Treasury securities. The Senate passed…

Brett Arends's ROI: Americans are ‘more afraid of running out of money than death’

marketwatch.com A new survey finds that 61% of us are more afraid of running out of money in our old age than we are of dying itself. Life insurance giant Allianz, which conducted the…

Biden to deliver Oval Office speech about bipartisan debt ceiling deal

nbcnews.com WASHINGTON — President Biden will address the nation from the Oval Office on Friday after Congress voted to cut spending and extend the debt ceiling for two years. Biden's…

CNN’s Chris Wallace Warns DeSantis ‘Be Careful What You Wish For’

mediaite.com CNN anchor Chris Wallace warned Republican Florida Governor and presidential candidate Ron DeSantis to be prepared for a nasty campaign with ex-President Donald Trump, the…

Can I Retire at 65 with $2 Million?

finance.yahoo.com Although 65 is a conventional retirement age, reaching this point with $2 million is quite a feat. This sum can generate investment and interest income to support you well…

Best Retirement Advice I Received When I Was 10 Years Old

entrepreneur.com When I was ten, my grandfather – who was, at that time, a well-settled retiree, shared some of the best retirement advice with me. Although I didn’t understand much at...…

Financial planning for LGBTQ+ couples shouldn’t be any different, but it still is

marketwatch.com When Betsy Billard started in the financial planning industry in the early 1990s, helping LGBTQ+ couples meant a lot of extra paperwork – cross-ownership of insurance…

End American Gerontocracy

newsweek.com President Joe Biden's viscerally jarring fall on Thursday in Colorado Springs, while on stage dispensing diplomas to new U.S. Air Force Academy graduates, underscores a…

‘I’m ready for my golden years’: I’m 62. I’ve $350K in Roth accounts and $840K in annuities. I never want to work again. Can I afford it?

marketwatch.com I’m going to preface this by saying that I know I am in a great long-term position. It’s the short term that is of concern. I am 62, single with no dependents. I own my…

The Debt-Ceiling ‘Crisis’ Might Be Over, But The Debt Crisis Has Just Begun

issuesinsights.com Late Wednesday, the House passed an agreement to raise the debt ceiling in exchange for a few micro changes in spending. But despite all the (wildly exaggerated) warnings…

Where Is the Most Lucrative Place to Put My Nest Egg Savings?

finance.yahoo.com A “nest egg” generally refers to retirement savings that you typically don’t touch until you retire. It’s the money you save for the future so that you have something to…

Senate Rubber Stamps Debt Ceiling Band-Aid; Biden To Sign Into Law 'As Soon As Possible'

zerohedge.com Senate Rubber Stamps Debt Ceiling Band-Aid; Biden To Sign Into Law 'As Soon As Possible' As expected, Chuck Schumer's Senate was a lock for approving the deal to raise the…

US Congress averts historic default, approves debt-limit suspension

investing.com The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting what would have…

US Congress approves debt-limit suspension, averting default

investing.com The U.S. Senate on Thursday passed bipartisan legislation backed by President Joe Biden that lifts the government's $31.4 trillion debt ceiling, averting what would have…

Senate passes debt ceiling bill to avert US default

aol.com The Senate voted to approve a bill that raises the debt ceiling for two more years, sending the legislation to President Joe Biden’s desk just days before the US potentially…

Senate passes debt ceiling bill, sending it to Biden to become law and avert disaster

nbcnews.com WASHINGTON — The Senate voted Thursday night to pass a bill that would extend the debt ceiling for two years and establish a two-year budget agreement on a broad bipartisan…

5 winners and 5 losers from the debt ceiling deal

vox.com President Joe Biden and Speaker of the House Kevin McCarthy (R-CA) talk as they depart the Capitol following the Friends of Ireland Luncheon on Saint Patrick’s Day March 17,…

Some Democrats don't like Biden and McCarthy's debt-ceiling bill

businessinsider.com SEPTEMBER 20: US Sen. Elizabeth Warren (D-MA). Kevin Dietsch/Getty Images Many Democratic lawmakers are unhappy with the debt-ceiling bill that just passed the House. But…

Trump pollster Tony Fabrizio tells donors DeSantis electability is a "myth"

axios.com Trump pollster Tony Fabrizio is telling GOP donors that it's a "myth" that Florida Gov. Ron DeSantis is more electable than the former president, according to a private memo…

Nebraska legislative session wraps with tax cuts, contentious trans health-abortion bill

apnews.com Nebraska lawmakers adjourned for the year on Thursday, wrapping up a particularly contentious session that saw nearly every bill before the body filibustered. The filibuster…

A Debt Jubilee Of Biblical Proportions Is Coming Soon... What You Need To Know

zerohedge.com A Debt Jubilee Of Biblical Proportions Is Coming Soon... What You Need To Know Authored by Nick Giambruno via InternationalMan.com, Four thousand years ago, the rulers of…

Real Estate Matters: Evicted tenant believes elder abuse led to mother’s reverse mortgage

chicagotribune.com Q: I was recently evicted from my home, where I lived with my mother before she died. This is due to a reverse mortgage. I am disabled and now have no home. My mother signed…

Joe Biden Was Underestimated Once Again on the Debt Ceiling Deal

vanityfair.com In 2011, John Boehner held the full faith and credit of the United States economy hostage—and it worked. The then House Speaker got billions of dollars of concessions from…

The Republican Debt-Ceiling "Deal" Is Exactly What We Expected

mises.org After countless predictions of economic armaggeddon and panicky entreaties to raise the debt ceiling with no strings attached, the Biden White House and Congressional…

Why would anyone vote for Mike Pence?

vox.com Former US Vice President Mike Pence speaks during the Federalist Society’s Executive Branch Review Conference at the Mayflower Hotel on April 25, 2023, in Washington, DC. |…

Social Security is in trouble: Checks could be cut 23% by 2034

fortune.com The retirement and disability program has been running a cash-flow deficit since 2010. Its trust fund, which holds US$2.7 trillion, is rapidly diminishing. Social Security’s…

Is $5 Million Enough to Retire Comfortably at 60?

yahoo.com Retiring at 50 is a lofty goal that gives you plenty of time to pursue all the projects you couldn’t get to in your career and make memories with friends and family.…

Analysis: US debt-ceiling deal averts disaster, but savings might be less than advertised

reuters.com The bipartisan debt-ceiling deal that could clear Congress as soon as Thursday would stave off an imminent U.S. default, but might deliver less budget savings than…

McCarthy says a bit too much about the point of his new ‘commission’

msnbc.com As recently as February, House Speaker Kevin McCarthy was dismissive of the idea of a congressional commission on deficit reduction. In fact, the California Republican made…

Paul to force tough debt ceiling vote to cut total spending

thehill.com CLARIFICATION: Paul's office says that under his spending plan, Social Security will be exempt from cuts. Conservative Sen. Rand Paul (R-Ky.) says he will force the Senate…

Defense Industry Dodges A Bullet In Debt Compromise

forbes.com The defense industry isn’t like other industries. It only has one customer that matters—the government—and that customer’s behavior is often shaped by political rather than…

'This is a compromise': How the White House is defending the debt ceiling bill

npr.org 'This is a compromise': How the White House is defending the debt ceiling bill House lawmakers passed a bill to suspend the debt ceiling, enabling the U.S. to pay off its…

Nikki Haley, like other long shots, sees a path to victory

economist.com T of America as a land of boundless hope and possibility may have lost some lustre for Americans in general. But there is one place, for at least a handful of Americans,…

Stockman Slams Speaker McCarthy's 'Rotten Deal'

zerohedge.com Stockman Slams Speaker McCarthy's 'Rotten Deal' Submitted by David Stockman via Contra Corner blog, If there was ever any doubt, now we know: Speaker Kevin McCarthy has…

Donald Trump spends 24 hours relentlessly attacking Ron DeSantis

newsweek.com Donald Trump has continued to launch wave after wave of attacks on Florida Governor Ron DeSantis, posting about his 2024 GOP primary rival numerous times in just one day.…

Financial Advisor Scammers

entrepreneur.com Thousands of people fall victim to financial fraud every year, losing millions of dollars. According to the Federal Trade Commission, American consumers lost more than $5.8…

Enzo Biochem says ransomware attack exposed clinical test data of 2.5 million patients

techcrunch.com Enzo Biochem, a New York-based biotechnology company, has confirmed that a ransomware attack exposed the clinical test information of almost 2.5 million patients. Enzo,…

US Senate aims for quick passage of debt ceiling bill to avoid default

reuters.com [1/3] U.S. Senate Majority Leader Chuck Schumer (D-NY) arrives for his news conference after the weekly Senate Democratic caucus policy luncheon at the U.S. Capitol in…

How Do You Stack Up For Retirement?

forbes.com We all naturally wonder how we stack up against each other – are we the average height, weight, etc? Are we the average age to get married? When it comes to retirement,…

US House passes bipartisan bill to raise debt ceiling, avoid default

france24.com Lawmakers agreed on a bill that looks to avoid a catastrophic default of the United States. The text will now go to the Senate for approval. US House Speaker Kevin McCarthy…

The House just passed McCarthy and Biden's debt-ceiling deal, bringing the US one step closer to avoiding a default in a matter of days

businessinsider.com House Speaker Kevin McCarthy of California is pictured at the Capitol on January 7, 2023. AP Photo/Jose Luis Magana The House voted to pass Biden and McCarthy's bill to…

House passes debt-ceiling bill, shifting focus to Senate

aol.com The House voted Wednesday night to approve a bill that would raise the debt ceiling for more than two years, giving the Senate just days to do the same before the US…

House approves debt ceiling bill to avoid default, sends deal to Senate

pbs.org Veering away from a default crisis, the House approved a debt ceiling and budget cuts package late Wednesday, as President Joe Biden and Speaker Kevin McCarthy assembled a…

House passes bill to raise the debt ceiling, but trouble looms in Senate

newsweek.com After months of uncertainty and weeks of heated negotiations, the House passed a bill to raise the nation's borrowing limit by a 314-117 vote, with 149 Republicans and 165…