Your lifestyle magazine for modern life
In a significant move to bolster small businesses, the Biden-Harris Administration has announced a series of new federal initiatives. The moves promise critical support to small enterprises across the United States. The initiatives, focusing on financial aid and accessibility, aim to strengthen the backbone of the American economy by empowering small businesses to navigate funding … Read more
America’s aging population faces a grim reality as Social Security trust funds teeter on the brink of depletion. Fund reserves for Social Security and Medicare will be exhausted by 2034, posing challenges to maintaining benefits for current and future beneficiaries. The situation presents a dire financial crisis for millions of retirees, as cuts to payments … Read more
The increasing financial burden of healthcare is putting many Americans in a tight spot. A recent survey reveals the challenges individuals face in paying their medical bills, suggesting a deep-seated problem that extends beyond mere affordability. A Comprehensive Study A 2024 Healthcare Financial Experience Study conducted by Cedar delves into the reasons why Americans find … Read more
In a striking demonstration, women across Iceland momentarily stepped away from their roles, both in offices and at homes, to bring attention to the persistent gender pay gap and the issue of gender-based violence. This silent yet resonant protest not only underscores the critical role of women but also offers the United States an opportunity … Read more
In an ambitious move, the United States is set to announce a series of economic initiatives to support countries in the Western Hemisphere that host migrants. This decision comes amid ongoing efforts to streamline regional supply chains and manage migrant arrivals at the U.S.-Mexico border. Americas Partnership for Economic Prosperity President Joe Biden is expected … Read more
As Baby Boomers approach their later years, transferring their wealth to younger generations is set to mark one of the most significant financial shifts in history. This unprecedented change is more than a transfer of assets. It represents a critical juncture for families grappling with the logistics and implications of wealth succession. It raises crucial … Read more
Benefitting from the bustling economy of the post-war era, Baby Boomers carved out a path of unparalleled prosperity, culminating in a collective wealth of tens of trillions of dollars. As younger generations grapple with economic challenges starkly different from those of their predecessors, this prosperity sets the stage for one of history’s most significant wealth … Read more
The American workforce is experiencing a shift, as workers find themselves clocking fewer hours for the same pay, thanks to increased offerings of vacation, sick, and family leave. A Growing Gap A noticeable gap has emerged between the hours American workers are paid for and the hours they actually work, showing an improvement in work/life … Read more
Retirees have been significant contributors to consumer spending in 2023, buoyed by a substantial increase in Social Security. However, this trend might see a slowdown as the cost of living adjustment (COLA) is set to decrease next year. Record Hike in COLA In 2023, Social Security beneficiaries saw an 8.7% increase in COLA, the highest … Read more
In an unprecedented move, hedge fund billionaire Leon Cooperman has criticized Donald Trump, telling CNN that re-electing him would be “terrible for the country.” Raising Questions This critique from the Wall Street veteran also added, “He’s a divisive human being who belongs in jail,” raises several questions about the 2024 presidential race and its impact … Read more