How much money family of 4 needs to live comfortably in U.S. cities

How much money family of 4 needs to live comfortably in U.S. cities

A family of four needs to make more than $275,000 to live comfortably in some of the most expensive U.S. cities, a recent SmartAsset analysis reveals. “Comfortable” is defined as the income needed to cover a 50/30/20 budget for a family of two adults and two kids. This budget assumes that 50% of the monthly … Read more

Older adults with student debt at risk of losing some Social Security benefits

Older adults with student debt at risk of losing some Social Security benefits

Martinprescott | E+ | Getty Images Millions of older adults who are behind on their student loans could soon receive a smaller Social Security benefit. That was the warning from Democratic lawmakers, including Sen. Elizabeth Warren, D-Mass., and Sen. Ron Wyden, D-Ore., in a recent letter to the Biden administration. “When borrowers are in collections, … Read more

Feds raid Sean Combs properties in LA, Miami on New York warrants

Feds raid Sean Combs properties in LA, Miami on New York warrants

Sean “Diddy” Combs attends Sean “Diddy” Combs Fulfills $1 Million Pledge To Howard University At Howard Homecoming – Yardfest at Howard University on October 20, 2023 in Washington, DC. Shareif Ziyadat | Getty Images Federal agents on Monday raided homes owned by hip-hop music mogul Sean Combs in Los Angeles and Miami, NBC News reported, … Read more

House Republicans ramp up Speaker Johnson pressure after budget saga

House Republicans ramp up Speaker Johnson pressure after budget saga

House Freedom Caucus member U.S. Representative Chip Roy (R-TX) speaks during a press conference regarding federal government spending on Capitol Hill in Washington, September 12, 2023. Elizabeth Frantz | Reuters After six months of budget deadlocks, stopgap funding measures and near-miss government shutdowns, Congress finalized the remaining parts of a permanent spending package for the … Read more

Why gray divorce is a significant financial risk for women

Why gray divorce is a significant financial risk for women

Laylabird | E+ | Getty Images Breaking up in old age can be costly, especially for women. The rate of “gray divorce” — a term that describes divorce at age 50 and older — doubled from 1990 to 2019, according to a 2022 study published in The Journals of Gerontology. It tripled for adults over … Read more

How much people are willing to spend

How much people are willing to spend

Boxes of Wegovy made by Novo Nordisk are seen at a pharmacy in London, Britain March 8, 2024.  Hollie Adams | Reuters Demand for weight loss drugs is booming in the U.S. despite their limited insurance coverage and roughly $1,000 monthly price tags before discounts.  But some patients are willing to pay more out of … Read more

Company faces years of distractions

Company faces years of distractions

Apple CEO, Tim Cook, testifies before the Senate Homeland Security and Governmental Affairs Committee’s Investigati Getty Images The U.S. Department of Justice sued Apple on Thursday, accusing it of using the iPhone’s market power to cut off rivals, kicking off a multi-year process involving hundreds of lawyers and threatening Apple’s “walled garden” business model. If … Read more

Falling fertility rates pose major challenges for the global economy

Falling fertility rates pose major challenges for the global economy

Terry Vine | Getty Images Falling fertility rates are set to spark a transformational demographic shift over the next 25 years, with major implications for the global economy, according to a new study. By 2050, three-quarters of countries are forecast to fall below the population replacement birth rate of 2.1 babies per female, research published … Read more

British Airways Flight Attendants Fired For Mocking Asian Passengers Online

British Airways Flight Attendants Fired For Mocking Asian Passengers Online

Photo: Leon Neal (Getty Images) Two British Airways flight attendants were fired on Monday after a video emerged on social media of the pair mocking Asian passengers after a flight. According to British tabloid The Sun, the video was recorded at the Trade Winds Hotel Antigua during a layover and posted to Instagram in 2022. … Read more