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☆ Planning to delay retirement may not rescue you from poor savings
▼ + stars: | 2024-09-17 | by ( Greg Iacurci | ) www.cnbc.com time to read: +2 min

Alistair Berg | Digitalvision | Getty ImagesPlanning to work longer is a popular escape hatch for Americans who feel they've saved too little to support themselves in old age. About 27% of workers intend to work in retirement because they need to supplement their income, according to a new CNBC and SurveyMonkey survey. While working longer is among the best ways to shore up one's nest egg, the plan may backfire, according to retirement experts. If workers lose those wages, they'd have to figure out another way to make their retirement savings last. There are benefits to working longerWorking longer — for those who can do it — is a financial boon, according to retirement experts.

Persons: Alistair Berg, Digitalvision, they've, Philip Chao, Chao, EBRI Organizations: Getty, CNBC, Workers, Urban Locations: John , Maryland

☆ Economic worries boost Trump’s Hispanic support in battleground Nevada
▼ + stars: | 2024-09-17 | by ( John King | ) edition.cnn.com time to read: +10 min

Which is not true.”Las Vegas-based real estate agent Zoila Sanchez photographed outside of her home in Henderson, Nevada. Sanchez is confident, insisting the energy she sees for Harris outweighs the increased Trump talk among fellow Hispanics. “I feel the Democrats take the Hispanic vote for granted here in Vegas or in Nevada,” Cerros said. “She came up with immigrant parents, which to me, it’s amazing for someone like that to come up and be able to be president,” Munoz said. Nevada also elected a Republican governor in 2022, and Munoz believes that makes it more hospitable climate for Trump this year.

Persons: Zoila Sanchez, ” Sanchez, Kamala Harris, “, ”, Donald Trump, “ I’ve, Jacqueline Kalil, CNN Trump, Sanchez, …, Joe Biden, Harris, Rogelio Regalado, Rafael Cerros Jr, Cerros, ” Cerros, CNN “, ’, Regalado, ” Regalado, “ It’s, Hajji, ” Hajji, Henderson, Zena Hajji, who’s, Biden, haven’t, Antonio Munoz, Penny, Trump, Munoz, ” Munoz, ” Antonio Munoz, ” Harris Organizations: Nevada CNN, Las, Reagan Republican, CNN, Trump, ”, Taco Bar, Biden, Republican Locations: Henderson, Nevada, Las Vegas, Henderson , Nevada, –, Spanish, Vegas, Israel, El Mercado, America

The deal, if approved, would put six fashion brands under a single company: Tapestry’s Coach, Kate Spade and Stuart Weitzman, with Capri’s Versace, Jimmy Choo and Michael Kors. Yet, in his remarks, Kors described how even legacy brands like his own can struggle and lose shoppers’ interest. Shares of Capri, which includes Michael Kors, reflect the tougher stretch that the designer Kors described. In its most-recent fiscal quarter that ended in late June, Michael Kors’ revenue dropped 14.2% on a reported basis or 13.3% on a constant currency basis compared to the year-ago period. Gennette, who retired early this year, said the department store’s sales got hit because it leaned too heavily on Michael Kors’ brand.

Persons: Michael Kors, Taylor Swift, Kors, Kate Spade, Stuart Weitzman, Capri’s Versace, Jimmy Choo, you’ll, we’ve, ”, Jeff Gennette, Michael Kors ’ Organizations: Federal Trade Commission, FTC, Tapestry Locations: Manhattan, Capri

Two former high-ranking New York City Fire Department chiefs were indicted by federal prosecutors Monday on charges of pocketing bribes to expedite fire safety reviews. The charges come as Mayor Eric Adams' administration has been under scrutiny from prosecutors from the U.S. Attorney's office in Manhattan. "New Yorkers deserve better," U.S. Attorney Damian Williams said at a press conference where he announced the charges against the former chiefs, Anthony Saccavino and Brian Cordasco. Jocelyn Strauber, head of the New York City Department of Investigation, told reporters all the sites have since been re-inspected. Both are no longer with the FDNY — Saccavino retired in March and Cordasco retired in June.

Persons: Eric Adams, Edward Caban, Damian Williams, Anthony Saccavino, Brian Cordasco, Cordasco, Williams, Jocelyn Strauber, Saccavino, Robert Tucker, Adams, Caban’s, Sheena Wright, Public Safety Philip Banks III, “, ” Williams Organizations: New York, New York City Fire Department, Police, U.S, FDNY, department's, of Fire Prevention, New York City Department of Investigation, Department, FBI, Public Safety Locations: New York City, Manhattan

☆ In federal trial, Michael Kors says it's harder to sell handbags in TikTok and Taylor Swift era
▼ + stars: | 2024-09-16 | by ( Melissa Repko | In Melissa-Repko | ) www.cnbc.com time to read: +3 min

Designer Michael Kors poses backstage before the Michael Kors Collection Fall 2017 runway show at Spring Studios in New York City on Feb. 15, 2017. The deal, if approved, would put six fashion brands under a single company: Tapestry's Coach, Kate Spade and Stuart Weitzman, with Capri's Versace, Jimmy Choo and Michael Kors. Shares of Capri, which includes Michael Kors, reflect the tougher stretch that the designer Kors described. Gennette, who retired early this year, said the department store's sales got hit because it leaned too heavily on Michael Kors' brand. He said the markdown of Michael Kors' handbags contributed to "a bad spiral Macy's was living through when I was there."

Persons: Michael Kors, Taylor Swift, Kors, Kate Spade, Stuart Weitzman, Capri's Versace, Jimmy Choo, we've, Jeff Gennette Organizations: Spring Studios, Federal Trade Commission, FTC, Tapestry Locations: New York City, Manhattan, Capri

☆ A millennial couple bought an old, abandoned farmhouse and moved to Italy. They said renovating it is a full-time job.
▼ + stars: | 2024-09-16 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

Sturtewagen still works remotely as a business coach, alongside renovating the property with Brokamp and documenting their progress for nearly 100,000 fans on YouTube. They told Business Insider they didn't consider buying a property in Italy until they began visiting the country regularly after Sturtewagen's mother moved there. Sturtewagen told BI part of the house was habitable, though decorated in an "old-fashioned" 1960s style. They spent seven weeks in Italy in the first half of 2023, and moved into the farmhouse in August 2023. Renovating is a full-time jobThe couple said renovating the farmhouse and making videos filming their renovation is a full-time job.

Persons: —, Bertus Brokamp, Sturtewagen, Brokamp, jouster, Sturtewagen's, they'd, We're, Sturtewagen siad Organizations: Service, Business, YouTube Locations: Alphen aan den Rijn, Netherlands, Italian, Sturtewagen, Italy, Piedmont

“The Secret Service needs more help,” Biden told reporters while leaving the White House on Monday. Chip Somodevilla/Getty ImagesActing US Secret Service Director Ronald Rowe met with Trump and local law enforcement on Monday in Florida. Secret Service Director Kimberly Cheatle resigned in the fallout from the assassination attempt, leading to Rowe’s appointment as acting director. Those concerns were underscored by details revealed Monday about the suspected shooter’s whereabouts before he was ultimately spotted by Secret Service agents. Moskowitz said Sunday that the Secret Service needed to consider taking more drastic measures, such as shutting down a significantly wider perimeter.

Persons: Donald Trump, he’s, He’s, Jared Moskowitz, CNN’s Anderson Cooper, Joe Biden, ” Biden, Chip Somodevilla, Ronald Rowe, Rowe, ” Rowe, “ there’s, Trump, “, there’s, ”, Trump’s Butler, Kimberly Cheatle, Ryan Wesley Routh, Jonathan Wackrow, Ric Bradshaw, ” Bradshaw, Joe Raedle, Obama, Bush, Clinton, ” Wackrow, Butler, Cheryl Tyler, CNN’s Wolf Blitzer, ” Tyler, protectee, Robyn Beck, Moskowitz, ” Moskowitz, Biden, Ro Khanna, CNN’s Holmes Lybrand, Kristen Holmes, Whitney Wild Organizations: CNN, Republican, Secret, Trump, Florida Democrat, Service, White, House, Trump’s, Trump International Golf, Nissan, Secret Service, Martin County Sheriff’s, Martin County Sheriff's, Facebook, United Nations General Assembly, White House Communications Agency, Department of Defense, Trump National Golf Club Los, Getty, ” Agency, ”, California Democrat, Congress Locations: Palm, Butler , Pennsylvania, Florida, Congress, Washington ,, Lago, Trump, Martin County, Iran, New York City, Mar, Palm Beach, Beach, West Palm Beach , Florida, Butler, Rancho Palos Verdes , California, AFP, California

☆ Drugmakers bet billions that targeted radiation could become the next cancer breakthrough
▼ + stars: | 2024-09-16 | by ( Angelica Peebles | In Angelicapeebles | ) www.cnbc.com time to read: +9 min

watch nowDrugmakers are betting that delivering radiation directly to tumors will become the next big cancer breakthrough. That can allow the treatment to deliver radiation to cancer cells and spare the rest of the body from the level of damage that comes with many cancer drugs. For Pluvicto, patients come in once every six weeks for up to six treatments. One opportunity Bristol Myers Squibb sees is combining radiopharmaceuticals with existing cancer drugs like immunotherapy, said Robert Plenge, Bristol's chief research officer. But she thinks the technology will become an important part of cancer drugs in the next decade.

Persons: Eli Lilly, They've, Michael Schmidt, Schmidt, Franco Origlia, Jacob Van Naarden, Eli Lilly's, Lilly, Biopharma, Van Naarden, Radiopharmaceuticals, Bristol Myers, Ben Hickey, RayzeBio, Hickey, Victor Bulto, Bulto, Timothy Korytko, Ronald Coy, Sharon, Ronald Coy Ronald Coy, Coy, who's, Coy hasn't, she's, we've, Eli Lilly's Van Naarden, Bristol Myers Squibb, Robert Plenge, Susan Galbraith, Galbraith Organizations: Bristol Myers Squibb, AstraZeneca, Guggenheim Securities, Novartis, NSA, Pharmaceutical, Bassett Healthcare Network, Bristol, Fusion Pharmaceuticals, Guggenheim Locations: Aedea Rome, Italy, radiopharmaceuticals, Swiss, FactSet, Bristol, Indiana, U.S, New York, Bassett

A SpaceX capsule carrying four private citizens splashed down off the coast of Florida before dawn 3:36 a.m. The five-day Polaris Dawn flight marked the fifth private mission for SpaceX’s Crew Dragon capsule. This meant that all four members of the Polaris Dawn mission wore spacesuits during the spacewalk, and the entire capsule was depressurized to vacuum conditions. He was part of the first all-civilian SpaceX mission to orbit in 2021 and funded the Polaris Dawn mission, his second spaceflight, for an undisclosed sum. The Polaris Dawn flight was designed to test new technologies and procedures for future long-duration missions.

Persons: Jared Isaacman, Scott “ Kidd ” Poteet, Sarah Gillis, Anna Menon, ” operatators, Isaacman, Gillis, Van Allen Organizations: SpaceX, Air Force, Polaris, Polaris Dawn Locations: Florida, Tortugas , Florida, Gulf of Mexico

☆ The Fed keeps brushing off concerns about another Trump presidency. Its closed-door meetings show otherwise
▼ + stars: | 2024-09-15 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

New York CNN —Federal Reserve officials won’t say how former President Donald Trump winning a second term could impact the economy. But transcripts of closed-door Fed meetings from Trump’s first term give some clues about top economists’ true feelings about Trump’s economic agenda. “We don’t want to be involved … in politics in any way,” Powell said after July’s monetary policy meeting. The transcripts of past meetings that are publicly available, the most recent being from the December 2018 monetary policy meeting, suggest that some Fed officials had legitimate concerns about Trump’s trade policy and its impact on the economy. ‘Ill-conceived US government policies’At later meetings, as the Trump administration began to set the stage for a potential trade war with China, Fed officials started to sound more concerned.

Persons: Donald Trump, Trump, Jerome Powell, Powell, ” Powell, Sen, Jack Reed, …, it’s, Loretta Mester, ” Mester, ”, James Bullard, Bob Dylan, ” Bullard, Bullard, Mitch Daniels, ‘, ’, “, ” William Dudley, ” Dudley Organizations: New, New York CNN — Federal, Democrat, Trump, CNN, Cleveland Fed, Fed, Federal, Market, Louis Federal Reserve, Chicago Cubs, Mitch Daniels School of Business, Washington, Lee University Locations: New York, Rhode Island, ”, China, United States, Dudley

☆ A boomer lives on $1,768 monthly Social Security and says she's a few hundred dollars away from losing access to necessities
▼ + stars: | 2024-09-15 | by ( Allie Kelly | ) www.businessinsider.com time to read: +5 min

"Over this past year, because my money has gotten so tight, those friends don't call me anymore," she said. The Huntsville, Alabama resident lives on her $1,768 monthly Social Security checks, according to documents reviewed by Business Insider. Monthly Social Security checks aren't enough for most baby boomers to live on — many have told BI they struggle to afford housing, food, and healthcare. AdvertisementRussell's tight finances contribute to lonelinessRussell retired from her food service broker job six years ago and began collecting Social Security around that time. She pays nearly $900 a month, more than half of her Social Security income, making her severely rent-burdened.

Persons: —, Michelle Russell, Russell, Russell doesn't, Russell didn't, isn't, It's, Pete Organizations: Service, Business, Social Security, Social, Walmart Locations: Huntsville, Alabama

☆ Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.
▼ + stars: | 2024-09-15 | by ( Juliana Kaplan | Noah Sheidlower | ) www.businessinsider.com time to read: +13 min

AdvertisementIt's a story all too familiar for some older Americans: An unexpected health crisis derails their retirement planning. With insufficient help from health insurance or Social Security, medical bills eat up any savings or income they have. Jones, who gets $2,200 a month in Social Security, has had to take on part-time work, which made her ineligible for some federal assistance. She paid for chemo out of pocket, spending her way through her retirement savings and maxing out her credit cards. Amend said it's crucial for older Americans to believe everything will be OK, noting "your mindset perpetuates what your outcome will be."

Persons: —, Kimberly Mullen, Mullen, She's, she'll, Nancy Altman, Saul Martinez, Karen Knudsen, they've, Uber, Wendy Jones, it's, she's, Jones, Teresa Ghilarducci, , Ghilarducci, Rebecca Buffum, Buffum, I'm, Andrew Whitaker, Marion, Robert Papalia, Papalia, Leonard Bianconi, Bianconi, Gallup, Monique Morrissey, haven't, Harris, Morrissey, Frank, Weeks, he's Organizations: Service, Business, Social Security, American Cancer Society, Social, Walmart, Medicare, New School for Social Research, Schwartz, for Economic, Kaiser Family Foundation, BI, Institute, Biden, American Heart Association Locations: Kentucky, North Carolina

☆ Women say they were abused for years by Oregon family doctor
▼ + stars: | 2024-09-15 | by ( Meena Duerson | Meridith Edwards | ) edition.cnn.com time to read: +22 min

The family doctorIn the Oregon community where Nicole Snow grew up, Dr. David Farley was always there. Recounting the same anecdote he’d told Snow, he told Medley he’d once lost a young patient to cervical cancer and needed to do another exam to keep her safe. But again, women like Medley, Snow and Pratt describe feeling belittled or dismissed. After watching a documentary about the gymnasts abused by then-team doctor Larry Nassar, Medley, Pratt and Snow launched a civil suit against Farley. Their lawsuit has been amended multiple times to add women, girls, men and boys who say they too were abused by Farley.

Persons: Unfathomably, ”, Katie Medley, Nicole Snow, David Farley, of Jesus Christ, “, ” Snow, Snow, Farley, he’d, ‘ We’re, ‘, I’ve, Lisa Pratt, Medley he’d, Medley, Pratt, —, Dr, ’, ” Lisa Pratt, CNN Pratt, she’d, ’ ” Weeks, Jason Carruth, ” David Farley, KATU, Tony Christensen, ” Pratt, Christensen, “ Tony Christensen, ‘ It’s, ’ ”, Farley’s, John Wentworth, John Wentworth’s, belittled, Sarah Dumont, ” Wentworth, Wentworth, Dumont, groped, Ellen Rosenblum, Rosenblum, West Linn, Glade, Nielson, … they’ve, David Farley’s, they’ve, “ Dr, Larry Nassar, Stewart, Finaldi, Nassar, Tom D’Amore, They’re Organizations: Oregon CNN, CNN, of Jesus, Harvard, Linn Family Health, LDS Church, RAINN, ” CNN, Oregon Medical Board, OMB, West Linn Police Department, The, Catholic Church and Boy Scouts, LDS, ., West, Oregon Medical, Manly, D’Amore Locations: Wilsonville, Oregon, Willamette, Portland, Linn, LDS, Utah, Clackamas County, Idaho, Nephi , Utah, Japan, Salt Lake, Salt Lake City , Utah, West Linn, it’s

China’s Risky Power Play in the South China SeaChina’s coast guard ships have swarmed and collided with Philippine boats. A New FlashpointFor months, the latest target of China’s power play was a Philippine coast guard ship, the Teresa Magbanua. Philippine coast guard Chinese ships Noon, June 17 A group of Chinese ships moved to block the Philippine vessel. SECOND THOMAS SHOAL SABINA SHOAL A Chinese ship began tailing a Philippine ship around 8 a.m. More Chinese ships waited here. 6 p.m. SECOND THOMAS SHOAL SABINA SHOAL The Chinese ships followed the Philippine ship.

Persons: Teresa Magbanua, Sabina, Thomas, ”, Jay Batongbacal, Sabina Shoal, Hu Bo, Ferdinand R, Marcos Jr, Mr, Hu, Marcos, Manlia, Jan, Thomas Shoal, “, Rommel Ong, Wu Yanan, Samuel Paparo, General, Lei Organizations: South China, Bank, University of the, Philippine Coast Guard, Coast Guard, Associated Press, Armed Forces, Facebook, Ateneo School of Government, Philippine Navy, Philippine, China Coast Guard, Reuters, THOMAS, SECOND, Strategic, International Studies, Pacific Command, Theater Command, United, Liberation Army’s Academy of Military Sciences, People’s Liberation Army Locations: South, Philippine, China, Philippines, United States, Chinese, Spratly, Scarborough Shoal, Vietnam, PHILIPPINES SPRATLY, Palawan, SPRATLY, PHILIPPINES Palawan, Sabina, Manila, Asia, University of the Philippines, South China, Beijing, Shoal, Palawan ., China’s, U.S, United

☆ My dad sacrificed everything to retire early — only to die before he could enjoy it. I'll never recommend early retirement to anyone.
▼ + stars: | 2024-09-15 | by ( Rebekah Sanderlin | ) www.businessinsider.com time to read: +9 min

But his plan had always been to retire early. At 50, he could retire early, and have plenty of time to do whatever he wanted. AdvertisementThe author wearing the diamond studs her father bought for her, which she almost never takes out. That old designer diaper bag now serves as my laptop bag, a reminder of everything I learned from my dad. I plan to slow down as I age, but I don't plan on ever retiring.

Persons: —, I've, Rebekah Sanderlin, would've, hadn't, wouldn't, he'd, Christal Marshall, I'm, Jane Zhang Organizations: Service, Business, Sam's Club, Affordable, Medicare Locations: Hawaii

Many said he failed to acknowledge the real reason many grandparents don't help with childcare more: They can't afford to. Many American families are stuck between a retirement crisis and a childcare crisis, with young parents unable to help their own parents — and vice versa. The childcare crisis meets the retirement crisisSandra, 51, has been dealing with both childcare and eldercare challenges over the past year. "And that would help parents who want to stay home and care for kids; it would also help grandparents who want to help care for kids while their parents are working." AdvertisementRachidi also said that revisiting the usefulness of regulations around informal care — settings like friend and family care — should be on the table, too.

Persons: Linda C, Donald Trump, Joe Biden, Sen, JD Vance, Linda, I'd, Vance, Trump, she's, —, Taylor Van Kirk, Van Kirk, Sandra, grandpa, Elliot Haspel, Haspel, Kamala Harris, Jennifer Baker, they'd, that's, Baker, who's, Angela Rachidi, Rowe, Rachidi, Connie Adler, Adler, Vance's Organizations: Service, Democratic, Business, AARP, Capita, American Enterprise Institute, asheffey Locations: California, Sweden, Arizona

She, like 2,000 other state residents, is awaiting approval for aid through a community advocacy program. Resumed funding for LIHEAP is dependent on an appropriations bill used to fund the government. “We had calls during our latest heat wave, and our agencies just don’t have the LIHEAP funding,” Sarensen said. Unlike those so-called entitlements, LIHEAP funding can be depleted without helping everyone who qualifies. Neither Vice President Kamala Harris nor former President Donald Trump has mentioned direct utility or weatherization aid in their campaigns for the White House.

Persons: Cathy McCorkle, she’s, ”, “, won’t, Mark Wolfe, “ There’s, Wolfe, LIHEAP, Bridget Bennett, Brian Sarensen, Sarensen, ” Sarensen, That’s, “ It’s, Stephanie Ashley, We’ve, Ashley, “ We’ve, We’re, we’re, ” “, Kamala Harris, Donald Trump, Karen Lusson Organizations: U.S, Low Income, Energy Assistance, National Energy Assistance, Association, Center for Energy, Opera, Washington, Getty Images, Commerce Department, Law, SNAP, Washington , D.C, House Republicans, White, U.S . Treasury Department, National Consumer Law Locations: Mount Holly , North Carolina, San Diego, Death Valley, Calif, Washington, Phoenix, Oregon, North Carolina, Washington ,

☆ A man who retired at 36 built 3 passive-income streams to ditch his full-time job decades early
▼ + stars: | 2024-09-13 | by ( Business Insider | Stephanie Hallett | ) www.businessinsider.com time to read: +5 min

He took his earnings and invested them in ways that would continue to generate passive income. His main source of passive income is real-estate investmentsIn 2020, Quan earned $59,000 from investing in real estate, making up 78% of his passive income. "My general approach to ETFs is that I want a mix of growth and dividend ETFs so that I have a balanced approach within the portfolio. It's really about being balanced, because the markets grow in different ways," Quan said. In 2020, his online passive income streams generated about $10,000.

Persons: —, Michael Quan, Quan Organizations: Service, Business Locations: Nevada, Airbnb, Venice , California, San Antonio

☆ The inside story of how Sandra Day O’Connor rebuffed pressure from Scalia and others to overturn Roe v. Wade
▼ + stars: | 2024-09-13 | by ( Joan Biskupic | ) edition.cnn.com time to read: +19 min

Handwritten notes from Justice Sandra Day O'Connor's papers on a major abortion case in 1989. The correspondence and notes foreshadow where O’Connor landed in the 1992 Planned Parenthood v. Casey case, when Justice Anthony Kennedy, hostile to Roe v. Wade in 1989, was ready to join O’Connor in upholding Roe. Accelerating the tensions all around was the time pressure of the Missouri case. O’Connor wrote that Kennedy said, “Roe is just flawed analytically” and that he wanted to “return this debate to democratic process” in the states. Library of CongressDraft opinion language from Justice John Paul Stevens he sent to Justice Sandra Day O'Connor.

Persons: Sandra O’Connor, eviscerate Roe, Wade, O’Connor, Roe, Antonin Scalia, William Rehnquist, Rehnquist, — Webster, Reproductive Health Services —, ” Rehnquist, Sandra Day, George H.W, Reagan, bristled, ”, Scalia, John Paul Stevens, Gerald Ford, Casey, Anthony Kennedy, Dobbs, Samuel Alito, Webster, Kennedy, “ Nino, ” Scalia, ” O’Connor, “ Roe, O’Connor’s, Roe “, Byron White, “, Byron, Sandra, Nino, Tony …, White, Sandra Day O'Connor, Congress O’Connor, bemoaning, overruling Roe, ” Stevens, reexamine Roe, reconsidering Roe, Stevens, Stevens ’, inched, John . ”, ’, William Brennan, David Souter, Bush Organizations: CNN, Reproductive Health Services, Congress, Library, O’Connor, Stanford Law School, Roe, Chicago, Stevens, Kennedy Locations: Missouri, Roe, Bush, Ohio, Pennsylvania, Phoenix, Minnesota

☆ Canada and New Zealand are among the 10 best countries for a comfortable retirement—the U.S. didn't make the list
▼ + stars: | 2024-09-13 | by ( Celia Fernandez | ) www.cnbc.com time to read: +3 min

U.S. News and World Report ranked the best countries for a comfortable retirement in 2024. A recent U.S. News and World Report ranked the best countries for a comfortable retirement based on an international survey of nearly 17,000 people and a subset of 5,900 respondents in their mid-40s and older. Switzerland is the best country for a comfortable retirementFor the second year in a row, Switzerland is the best country for a comfortable retirement. The 10 best countries for a comfortable retirementSwitzerland New Zealand Portugal Australia Spain Canada Denmark Netherlands Sweden Luxembourg New Zealand is the No. 2 best country to retire comfortably, up two spots from last year.

Persons: New Zealand Beverly Goldschmidt, Istock Organizations: . News, U.S . News, U.S, European Union, Switzerland New Zealand, Switzerland New Zealand Portugal Australia Spain, Switzerland New Zealand Portugal Australia Spain Canada Denmark, New Zealand, Getty Locations: U.S, Florida, Delaware, United States, Mexico, Malaysia, Dominican Republic, Switzerland, Smartasset, New Jersey, Switzerland New Zealand Portugal, Switzerland New Zealand Portugal Australia Spain Canada, Switzerland New Zealand Portugal Australia Spain Canada Denmark Netherlands Sweden Luxembourg New Zealand, New Zealand, New

☆ For decades, Chinese workers have retired relatively early. That’s about to change
▼ + stars: | 2024-09-13 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +6 min

Hong Kong CNN —For decades, Chinese workers have wrapped up their working lives at relatively young ages: 60 for men and as early as 50 for women. The announcement sparked immediate widespread discussion – and backlash – across Chinese social media. Some social media users appeared encouraged that the changes weren’t more drastic and included some flexibility. Major protests erupted in France in 2023 in response to a government attempt to raise the retirement age from 62 to 64. Even for those of working age, employment remains a steep challenge following the pandemic and a raft of government-led industry crackdowns in recent years.

Persons: ”, Yuan Xin, Yuan, Demographers, It’s Organizations: Hong Kong CNN, Xinhua, Communist Party, Weibo, China Population Association, Nankai University, for Economic Co, Development, Social, Communist, Ministry of Civil Affairs, Chinese Academy of Social Sciences, Employers Locations: Hong Kong, Beijing, China, Tianjin, France, Communist China

☆ Bipartisan group of lawmakers wants to eliminate Social Security rules affecting public employees. What could happen next.
▼ + stars: | 2024-09-12 | by ( Lorie Konish | ) www.nbcnews.com time to read: +6 min

The bill — the Social Security Fairness Act — would repeal two rules that reduce Social Security benefits for workers and spouses, widows and widowers who also receive pension income. If brought to the House floor, the Social Security Fairness Act may pass, based on the 327 co-sponsors who are currently behind the proposal. The government pension offset reduces Social Security benefits for spouses, widows and widowers who also have pension income. But if she retirees and begins collecting the pension benefits she earned, that Social Security income may disappear. Eliminating the rules through the Social Security Fairness Act would also cost the program at a time when Social Security faces looming trust fund depletion dates, he said.

Persons: Abigail Spanberger, Garret Graves, There’s, ”, Emerson Sprick, —, Sprick, Roger Boudreau, Boudreau, ” Boudreau, Paul Van de Water, Van, ” Van, Water, ” Sprick, it’s, ” Sen, Mike Braun, “ Organizations: Security, Social, Senate, Center, GPO, Social Security, Rhode Island American Federation of Teachers, Budget, Congressional, Republican

The Summary Boeing officials have made few public comments about the company's Starliner spacecraft over the last six weeks. Just over an hour after Boeing’s Starliner capsule made its uncrewed return to Earth, NASA convened a standard post-landing briefing to discuss the end of the tumultuous test flight. The capsule’s first crewed test flight, the mission was expected to last around eight days. The pair is scheduled to stay at the space station until February then return with members of an upcoming ISS crew. In 2019, an uncrewed test flight to the space station was cut short because of technical glitches and the company was forced to repeat it in 2022.

Persons: Eric Berger, Joel Montalbano, ”, Mark Nappi, “, NASA’s, Starliner, Butch Wilmore, Suni Williams, Wilmore, Williams, Boeing’s Organizations: Boeing, NASA, Space Center, Ars Technica, NBC, NASA’s Kennedy Space Center, International Space Station, Agency, SpaceX, ISS, Crew Locations: Houston, Florida

☆ Facing criticism for being too walled off, Harris slowly opens the door to more media interviews
▼ + stars: | 2024-09-12 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +11 min

The campaign said Harris plans to do more interviews with local media in battleground states and speak more with her traveling press corps in the coming days. Her campaign’s media strategy has largely been a continuation of Biden’s, which is to minimize interactions with the media. Some allies said that Harris should use the momentum from the debate to change her cadence of interviews. “I don’t think you can hide for 56 more days from media interviews,” said one Democratic strategist, requesting anonymity to speak candidly. The Harris campaign also held a call that day, but it was off the record.

Persons: Kamala Harris ’, Harris, Donald Trump, Joe Biden’s, Tim Walz, Rickey Smiley —, “, ”, Chuck Rocha, Rocha, Trump, Robert F, Kennedy Jr, “ Harris, She’s, Democratic Sen, Claire McCaskill, McCaskill, there’s, Matt Gaetz, ” Trump, Jason Miller, —, Biden, Ohio Republican Sen, J.D, Vance, Walz, aren’t, ” Bonnie Fioramanti, ” Fioramanti, Harris —, Rich Thau, it’s, Kamala Harris, ” Harris, ” Sen, Chris Murphy, Conn, Jason Crow, James Carville, Paul Maslin Organizations: National Association of Black Journalists, Democratic, CNN, Minnesota Gov, Univision, Media, Trump, Fox News, ” MSNBC, “, ” Conservatives, New York Times, Board, White House News Photographers Association, NBC News, The New York Times, NBC, Ohio Republican, ABC News, MSNBC, Fox, ”, Veteran Democratic Locations: Philadelphia, Republic, Ohio, Arizona, Siena, America

☆ Billionaire undertakes first civilian spacewalk and big moments from the VMAs: Morning Rundown
▼ + stars: | 2024-09-12 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +9 min

Some Donald Trump allies expressed concern over his debate performance. And Taylor Swift and Chappell Roan win big at the MTV VMAs. SpaceX / PolarisFour private citizens orbiting Earth in a SpaceX capsule are attempting to make history by completing the world’s first all-civilian spacewalk. During the outing, Isaacman and Gillis are expected to exit the SpaceX Crew Dragon capsule on a tether. Trump’s conspiracy-laced debate performance prompts concernsFormer President Donald Trump declared Tuesday’s debate against Vice President Kamala Harris a win, but not all his allies see it that way.

Persons: Donald Trump, Taylor Swift, Chappell Roan, Francine drenches, Francine, Jared Isaacman, Scott “ Kidd ” Poteet, Sarah Gillis, Anna Menon, Isaacman, Gillis, Kamala Harris, Harris ’, Trump, David Ingram, Matt Dixon, ’, Megan Thee, Britney Spears, hird, ong, Joh, els, ord Organizations: MTV, Angeles National Forest, SpaceX, Polaris, Air Force, Tech, Republican, Senior, Trump, Megan Thee Stallion, Doha Madani Locations: Louisiana, Southern California, Francine drenches Gulf, New Orleans, Alabama, Florida, California, San Bernardino County, Orange County, ord

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