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☆ BlackRock's Larry Fink sees Social Security crisis, says 65 retirement age 'a bit crazy'
▼ + stars: | 2024-03-26 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

He said access to investing can help solve this conundrum, while also pondering if the expectation for everyone to receive Social Security benefits at age 65 has become archaic. Worsening the outlook is a Social Security system that's said it will not be able to pay full benefits by 2034. The 71-year-old believes the American retirement system has entered such a deep crisis that it has become a once-in-a-generation issue. That's because this both can benefit individuals and help ensure the long-term health of Social Security. Increasing lifespans create further difficulties when trying to improve the retirement system, Fink said.

Persons: Larry Fink, Fink, that's, it's, — Organizations: BlackRock, Social, Census Bureau, Security, Social Security Locations: America, Ottoman Empire

☆ Premarket stocks: Rate cut in June or July? What matters is the Fed wants to get started
▼ + stars: | 2024-03-25 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

[About 70% of investors now think a rate cut will occur in June, according to the CME FedWatch tool.] Goldman Sachs is currently predicting a 15% chance of recession over the next 12 months, down from 35% last year. Seeing that happen made us more confident that the Fed wouldn’t be forced to cause a recession in order to get inflation down. The reason we say 15% risk is because that is roughly the historical unconditional average. So a 15% recession rate is baseline for you, it will never go below that number?

Persons: Dow, Bell, David Mericle, Goldman Sachs, It’s, it’s, we’ve, I’m, Samantha Delouya, authority’s, ” United, Joe Biden Organizations: New, New York CNN, Federal Reserve, Dow Jones, Goldman Sachs ’, Bell, National Bureau of Economic, FAA, United, Federal Aviation Administration, United Airlines, United Boeing, ”, Federal Communications Commission, Program, Lawmakers, ACP, FCC Locations: New York, We’re, Medford , Oregon

☆ Gen Z Is Primed to Succeed at Starting Their Own Small Business
▼ + stars: | 2024-03-25 | by ( Eve Upton-Clark | ) www.businessinsider.com time to read: +13 min

He was able to scale the business to more than $600,000 in revenue by 2018, when he graduated from high school. Before the internet, starting a business was a serious hassle. The problem wasn't that people weren't interested in starting a business: A 2016 EY study found that 62% of 18- to 34-year-olds had toyed with venturing into business ownership. That has made starting a business all the more appealing — and affordable — for prospective entrepreneurs. And with the plethora of digital tools we have today, starting a business is more accessible than ever.

Persons: Luke Lintz, Lintz, Bernhard Schroeder, Schroeder, Gen Zers, —, Martin Warner, Warner, GoDaddy, HighKey, Nicki Minaj, Kevin Hart, Khloé Kardashian, Tom Peters, Peters, " Schroeder, ZenBusiness, Gen, Zers, he'd Organizations: Apple, Shipping, Lavin Entrepreneurship, San Diego State University, Entrepreneurship, Dynamics Statistics, Business, Fast Company, Small Business Administration Locations: North America, China

☆ New Yorkers who make six figures won't save as much moving to Texas and Florida anymore
▼ + stars: | 2024-03-25 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

New Yorkers have historically moved to Florida and Texas to save money on taxes and other expenses. AdvertisementIn December, Rahul Sen Sharma told Business Insider that he was moving from New York to Miami — and bringing his company with him. New Yorkers moving to Texas for many of the same reasons will also face sticker shock. The savings gained by moving to Florida and Texas are dwindlingUtilities, gas, and housing are just a few expenses that have gotten pricier in Florida and Texas since 2019. "The property-tax percentage rate is higher," Marie Bailey, a Texas real-estate agent who moved from California, told Business Insider's Alcynna Lloyd.

Persons: —, Rahul Sen Sharma, Sen Sharma, BI's Phil Rosen, Jeff Bezos, Ken Griffin, SmartAsset, Dallas, Alexander Spatari, Realtor.com, Jaclyn DeJohn, SmartAsset's, Wager, Robert Walsh, Marie Bailey, Insider's Alcynna Lloyd Organizations: Service, Miami —, Bloomberg ., New, Miami, relocators, Miami . Miami Beach, Bloomberg, Business, Sunshine State, CBS, Fort Locations: Florida, Texas, New York, Miami, NYC, Austin, Florida and Texas, Dallas, Miami ., Manhattan, Fort Lauderdale , Florida, Fort Lauderdale, California

☆ A millennial moved to Charleston from Nashville to get away from the bachelorette party scene. She's never been happier working her new dream job and paddleboarding in her new city.
▼ + stars: | 2024-03-24 | by ( Madison Hoff | ) www.businessinsider.com time to read: +8 min

Kaelyn Dannenfelser said she's happier than ever after a job change and a move to Charleston from Nashville. AdvertisementKaelyn Dannenfelser, 28, said while she misses her friends in Nashville, Tennessee, and loved being able to live there, she's definitely not moving back. AdvertisementFor those looking to move to Charleston like her, she suggested spending time researching as there are several islands. While Dannenfelser hasn't been living in Charleston or in her new role too long, she's feeling much happier so far. Advertisement"I look forward to waking up in Charleston and waking up for my job," she said.

Persons: Kaelyn Dannenfelser, —, Kaelyn, she's, Dannenfelser, Shem, Paddleboarding, She's, I've, doesn't, didn't, I'm, Dannenfelser hasn't Organizations: Service, Census Bureau, Business, Charleston, BI Locations: Charleston, Nashville, Charleston . Charleston, Nashville , Tennessee, Charleston , South Carolina, Wando, North Charleston, South Carolina, Florida, LTK

☆ I was starved for adult connection while raising my daughter as a single mom. Moving back to the family farm was exactly what I needed.
▼ + stars: | 2024-03-24 | by ( Cat Jones | ) www.businessinsider.com time to read: +6 min

Cat Jones eagerly left the family home at 17 and later bought a house 230 miles away with her husband. After having a baby and leaving her husband, she was determined to make things work living on her own. Fiercely independent and proud, I was determined to make things work on my own. Farm life is notoriously stressful and persistent. I have become closer with everyone in my family, and we're showing my daughter how to cohabit peacefully.

Persons: Cat Jones, —, Cassie, Cassie didn't, Jones, it's, hadn't, grandma Cat Jones, It's, I'm Organizations: Service, Pew Research Center, Survey Locations: Tauranga —, New Zealand

☆ ACP, a digital lifeline for millions of Americans, is in jeopardy. Here’s why
▼ + stars: | 2024-03-23 | by ( Brian Fung | ) edition.cnn.com time to read: +13 min

Cynthia George is one of millions of Americans in jeopardy of losing their home internet access. Yet Congress is nowhere close to approving the $6 billion that President Joe Biden says would renew the ACP and avert calamity for tens of millions of Americans. Courtesy Michelle McDonoughLike George, McDonough also expects she’ll have to cut back on groceries if the ACP goes away. The FCC’s Lifeline program, which dates to the Reagan administration, similarly gives low-income households a monthly discount on phone or internet service. “You’re taking ACP away from the farmers that can check the local produce prices and be able to reasonably negotiate their prices with retailers.

Persons: Cynthia George, Cynthia George George, Joe Biden, Pedro Ugarte, ”, Gigi Sohn, “, George, ” George, Michelle McDonough, McDonough, she’ll, doesn’t, “ I’m, ” McDonough, Mandel Ngan, Gary Johnson, Paul, —, Kamesha Scott, Louis, Scott, Megan Janicki, ” Janicki, Reagan, Biden, ” Blair Levin, Bill Clark, Levin, Jonathan Blaine, ” Blaine, Blaine Organizations: Washington CNN, MSN, Federal Communications Commission, Program, Lawmakers, ACP, FCC, Getty, CNN, ”, White, Comcast, George, Congress, Paul Bunyan Communications, American Library Association, Lifeline, House Republicans, New, Research, Republican, ” Lawmakers Locations: Washington ,, AFP, United States, Maine, Washington , DC, Minnesota, St, “, Lake Havasu City, Ariz, Vermont

☆ Treasury chief Yellen defends Biden budget against Republican senators' fears of tax increases
▼ + stars: | 2024-03-21 | by ( Chelsey Cox | ) www.cnbc.com time to read: +3 min

Provisions of the TCJA — a landmark tax law proposed by the Trump administration and passed by Congress in 2017 — that are set to expire in 2025 include the child tax credit. An additional "other dependent credit" offers a tax credit of $500 to people with less than $400,000 in income who have qualified dependents who are ineligible for the child tax credit. Biden's budget will restore the expanded child tax credit, the White House has said. "Would you agree that if the TCJA child tax credit provisions are not extended, this would also result in a tax hike for Americans making under $400,000?" The budget would impose a minimum 25% tax rate on the unrealized income of the very wealthiest households and raise the IRA's corporate alternative minimum tax for billion-dollar companies from 15% to 21%, while increasing the larger corporate tax rate to 28%.

Persons: Janet Yellen, Joe Biden's, Biden, Sen, Steve Daines, Yellen, Daines, Trump, Mike Crapo, pare Organizations: Treasury, Capitol, WASHINGTON —, Congress, White, Child Tax, Rescue, National Conference of State Legislatures, . Census, House Republicans, Lawmakers, Department of Homeland Security Locations: Washington , U.S, Idaho

☆ The fastest-growing and fastest-shrinking cities in the US
▼ + stars: | 2024-03-21 | by ( Madison Hoff | ) www.businessinsider.com time to read: +1 min

Wildwood-The Villages, Florida, saw its population increase 4.7% from July 1, 2022, to a year later. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Wildwood-The Villages in Florida saw the greatest increase from July 1, 2022, to July 1, 2023, among metros. Additionally, the data from the Census Bureau shows there were also a lot of metros with population percent declines during that time.

Persons: —, Kristie Wilder, Paul Mackun Organizations: Service, Bureau Locations: Florida, Napa , California, Ithaca , New York, Charleston, West Virginia, South, Wildwood, New Orleans, Metairie, Louisiana

☆ Home prices rose 2.4 times faster than inflation since 1960s, study finds. What that means for homebuyers
▼ + stars: | 2024-03-19 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +2 min

"When demand for other consumer products comes up, or when it increases, it's usually not too hard for people to scale up supply," Brannon said. Moreover, the current housing affordability makes 64.2% of owners and renters have negative feelings about the economy, Redfin found. In fact, affordable housing is a pressing topic for both liberal and conservative voters: the topic is ranked as No. 1 for liberals while it's No.3 for conservatives, according to a separate survey by The Real Estate Witch. To address the issue, President Biden announced in early March as part of his budget for fiscal 2025, a plan to cut housing costs, boost supply and expand access to affordable housing.

Persons: Brannon, Kirabo Jackson, Qualtrics, Redfin, it's, doesn't, Brennon, Biden Organizations: Westend61, U.S . Census, White House Council, Economic Advisers, CNBC Locations: U.S

☆ Solving the looming retirement crisis means thinking differently about aging, economist says
▼ + stars: | 2024-03-16 | by ( George Glover | ) www.businessinsider.com time to read: +7 min

It's time to start thinking differently about aging, according to a new book. "We've never invested enough in old age, because we never thought we'd get there," he said. "We've never invested enough in old age, because we thought we'd never get there, and now we will." He calls for a transition to an "evergreen economy," based on channeling the world's aging population to address inequality and boost growth. AdvertisementThe looming retirement crisis underlines the need for a rethink on aging, Scott told BI.

Persons: Andrew J, Scott, We've, we'd, —, There's, Florian Gaertner, we're, that's, they've, David Bowie, Magdalena Wosinska, he's, Bryan Johnson, who's, I've, I'm Organizations: Service, Health, Institute for Fiscal, London Business School, Harvard, Bank of England, Institute for International Political, Economic, Getty, Social Security, Washington Post Locations: Oxford, Japan

☆ Gold, bitcoin and stocks hit record highs this week. Then came inflation data
▼ + stars: | 2024-03-15 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

The S&P 500 declined 0.7% and the Nasdaq Composite fell 1%. Turbulence for airline stocksAirline stocks have also been pummeled this week, as years of safety issues at Boeing continue to plague the industry. The NYSE Arca Global Airline index, which tracks the performance of major American and overseas airlines, is on track to end the week 2.2% lower. But Liz Young, head of investment strategy at SoFi, notes that the S&P 500 hasn’t seen a one-day decline of 2% or more since last February. AI up-and-comer Super Micro Computer will join the benchmark S&P 500 index on Monday.

Persons: New York CNN — Stocks, shrugged, Gold, Bitcoin, Dow, Price, ”, Ken Tjonasam, Max, Robert Jordan, Liz Young, Young, “ It’s, What’s, Jensen Huang Organizations: New, New York CNN —, Federal Reserve, Nasdaq, Dow, Global, Airline, Boeing, Latam, Wall, Southwest Airlines, Airbus, “ Boeing, ”, JPMorgan Chase, NYSE Arca, Nvidia, Computer, Investors, Federal, Market Committee, Fed, National Association of Home Builders, Census Bureau, National Association of Realtors Locations: New York, Australia, New Zealand, Wells Fargo

☆ Schools are facing a dire teacher shortage. Less competitive pay for Gen Z and young millennials could make it worse.
▼ + stars: | 2024-03-14 | by ( Madison Hoff | ) www.businessinsider.com time to read: +7 min

A new ADP Research Institute report showed how teacher pay compares to the pay of all employees. Teacher pay as a share of the pay for all employees aged 20 to 25 has greatly fallen over the years. AdvertisementThere's a shortage of teachers, and young adults could be shying away from the profession as teacher pay becomes less competitive. And for teachers aged 25 to 30, that has increased from $49,427 in January 2018 to $59,780 in October 2023. Education isn't the only field that may have trouble attracting young job seekers.

Persons: ADP's Nela Richardson, —, Nela Richardson, Jeff Nezaj, Gen Zers, Richardson, Nezaj, Gen, It's, Aaron Terrazas, we've Organizations: ADP Research, Service, Business, Bureau of Labor Statistics, ADP Research Institute, Census, Denver, Denver Classroom

☆ What kind of 'Barbie' are you? Here are the Barbieland jobs that most real-life women hold, according to government data
▼ + stars: | 2024-03-14 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +4 min

In the "Barbie" movie, the narrator says, "Barbie has a great day every day." As women's participation in the labor force has increased over the years, the group continues to face hurdles along the way. "We have the tightest labor market for women in the past 20-something years," Bustamante said. "As the labor market gets tighter and tighter and tighter, women's employment rises faster than men's," Pollak said. "To think of just the scale of construction employment and women are still such a marginal piece of that sector," he said.

Persons: Margot Robbie, Barbie, Julia Pollak, R, Bustamante, Pollak, " Pollak Organizations: Mattel, Warner Bros, U.S . Bureau of Labor Statistics, Roosevelt Institute, Census, National Women's Law, Warner Brothers Pictures Locations: New York, U.S

☆ New York City’s Population Shrinks by 78,000
▼ + stars: | 2024-03-14 | by ( Winnie Hu | Stefanos Chen | ) www.nytimes.com time to read: +1 min

City officials said that they were likely to challenge the 2023 census estimates, which they said had significantly underestimated the number of migrants and other people living in group settings, such as shelters and dorms. A spokesman for the Department of City Planning, Casey Berkovitz, said that 180,000 migrants had come to the city since the spring of 2022 and that 64,600 were still in the city’s care. City officials had previously projected that New York City would reach 9 million within two decades. Though the latest census numbers are a marked improvement over recent years, the turnaround has mostly benefited New York City’s more affluent areas, said Andrew Beveridge, the president of Social Explorer, a demographic data firm that analyzed the numbers. “But it’s the struggling people that leave for good.”Four of the five boroughs continued to see population declines in 2023, according to the latest census estimates.

Persons: Casey Berkovitz, Andrew Beveridge, ” Mr, Beveridge Organizations: Department of City Planning, New, Manhattan, Social Locations: New York City, New York

☆ You'll have almost zero competition to land a 'highly paid' job in these 10 cities
▼ + stars: | 2024-03-13 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +3 min

4 city with the least amount of competition to land a "highly paid" job, according to a new analysis from Career.io, a career management platform. 19 Toledo, Ohio, among the biggest least competitive towns with some 269,000 residents, barely one person applies to a highly paid job there every day, on average. The top cities with low competition in the job market have a higher share of these vacancies. On the flip side, the most competitive place to land a highly paid job is Salt Lake City, where every highly paid open job (defined as a salary over $94,515) received roughly 35 applicants every day. Several inland cities, including St. Louis and Denver, showed fiercer competition on the high-paying job market over coastal cities including San Francisco (No.

Persons: Taylor Tomita, Tomita Organizations: LinkedIn, of Labor Statistics, Census, NeoMam Studios, Career.io Locations: Sitka , Alaska, Parkersburg, W.V, Toledo , Ohio, Parkersburg , West Virginia, Nampa , Idaho, , Montana, Sitka, Alaska, , Nebraska, Kearney , Nebraska, Dover , New Hampshire, Laredo , Texas, Morgantown, West Virginia, Olathe , Kansas, Salt Lake City, Louis, Denver, San Francisco, Los Angeles, New York

☆ U.S. legal immigration policy should prioritize the economy, experts argue
▼ + stars: | 2024-03-13 | by ( Juhohn Lee | ) www.cnbc.com time to read: +1 min

The U.S. has more foreign-born residents than any other country, according to the Council on Foreign Relations. But today, less than 1% of those looking to reside permanently in the U.S. can do so legally, according to research by the Cato Institute. "Most other developed nations in the world have a much higher percentage of their immigration system based on economics," according to Theresa Cardinal Brown, a senior advisor on immigration and border policy at the Bipartisan Policy Center. The U.S. legal immigration system is in dire need of reform to make it work for the U.S. economy, experts say. Watch the video above to see why the U.S. is having so much trouble solving the immigration crisis.

Persons: Theresa Cardinal Brown, Brown, Simon Hankinson Organizations: U.S, Foreign Relations, Cato Institute, Center, Department of Homeland Security, Heritage Foundation Locations: U.S

☆ Everyone is worried about inflation. Here’s why it’s tracked two different ways
▼ + stars: | 2024-03-12 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +5 min

Housing, housing and more housingThe housing sector carries more than four times as much weight in CPI compared to the Fed’s preferred inflation gauge. But, with PCE, housing has a much more limited impact on the inflation index. Both indexes are faulted for using this metric to calculate housing inflationBoth indexes use a widely criticized metric called owners’ equivalent rent (OER) to track housing inflation. But it can often take months for these trends to show up in either the PCE or CPI housing indexes. Another issue with using OER to track housing inflation is that it doesn’t really affect homeowners.

Persons: Joe Biden, Frederic J . Brown, ” Organizations: New, New York CNN, Federal, Cleveland Federal Reserve, PCE, Bureau of Labor Statistics, Getty, Commerce Department, Bank of America Locations: New York, November’s, AFP

Rising gasoline and housing prices led inflation to increase 0.4% in February, the Bureau of Labor Statistics reported on Tuesday. The food index was unchanged in February, as was the food at home index. Meanwhile, a recent report on consumer spending from Mastercard found that retail sales excluding autos were up in February, with online retail sales up more than 9.1%. The Census Bureau is scheduled to release retail sales for February on Thursday with analysts looking for a strong 0.8% increase after January's drop. “A dip in retail sales to start the calendar year is common, however, this year January retail sales marked the biggest decline since March of last year,” said Chip West, retail and consumer behavior expert at Vericast.

Persons: ” Joseph Brusuelas, ”, Chip Organizations: of Labor Statistics, Federal, “ Services, RSM, Mastercard, Apparel, Bureau, Federal Reserve Bank of, Blue Locations: Federal Reserve Bank of Atlanta

☆ A millennial who moved from Vancouver to LA says he has no plans to head back to Canada. An improved social life offsets high rent costs and the US healthcare system.
▼ + stars: | 2024-03-12 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +6 min

After all, his entire personal and professional life had been in Vancouver, Canada, the 33-year-old told Business Insider via email. Last October, after several months of splitting his time between Canada and LA, Martin and his husband secured visas and moved from their Vancouver suburb to West Hollywood. While he's not a fan of LA's rent costs and the US healthcare system, he said the move has had a "life-changing" impact on one thing: his social life. Business Insider asked Martin what the biggest pros and cons have been of his Canada-to-California move, and whether the improvement to his social life has offset the downsides. Their social life is a big reason why.

Persons: —, Stuart Martin, Martin, he's, He's Organizations: Service, Business, West Hollywood, Survey, LA, Wall, of Agriculture Locations: Vancouver, Canada, Los Angeles, LA, West Hollywood, West, California, Louisiana, West Virginia, Hawaii , Illinois, New York

☆ Polls Missing US Economy's Strength Will Make the Next Recession Worse
▼ + stars: | 2024-03-12 | by ( George Pearkes | ) www.businessinsider.com time to read: +12 min

By underweighting the experience of certain groups — especially lower-income or frontline workers — policymakers could learn the wrong lessons from the post-pandemic economy. The Great DivergenceIf you ask Americans how the economy is doing, the general sentiment can be summed up in one word: bad. Similarly, the Conference Board's consumer confidence data isn't quite at its post-Great Recession lows, but it's far below its 2017-19 average. The ASEC data uses a very large sample to provide the best possible insight into households' economic well-being, with more than 75,000 households participating. Similarly, the focus on the prospect of a recession soared, even outdoing the period in 2020 when the economy was actually in a recession.

Persons: it's, —, Pew Organizations: University of, Conference, Labor Statistics, Government, Bureau of Labor Statistics, NFL, Minnesota Vikings, Green Bay Packers, Chicago Bears, BLS, Census, Federal Locations: telemarketers, nonresponses

☆ Equal Pay Day highlights an up to $1.2 million salary shortfall for women of color
▼ + stars: | 2024-03-12 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

Based on today's wage gap, a woman just starting out will lose $399,600 over a 40-year career, according to the National Women's Law Center. The pay gap worsens significantly for Black and Latina women. For Black women, the lifetime wage gap adds up to $884,800, and for Latina women, the losses total $1,218,000, the nonprofit advocacy group found. Why the gender pay gap persistsThere is no single explanation for why progress toward narrowing the pay gap has mostly stalled, according to a separate report by the Pew Research Center. What it takes to achieve progressNo "one thing" is going to close the wage gap, Tucker said.

Persons: Jasmine Tucker, Tucker, Ofronama Biu, Biu Organizations: Census, National Women's Law, National Women's, Center's, Black, Latina, Pew Research Center, Urban Institute, Employers

Here’s everything you need to know about the one caucus and five primaries on deck. The state has the largest delegates prize among Tuesday’s contests, with 108 pledged Democratic delegates at stake and 59 for Republicans. 21 in the most recent U.S. News Best States rankings, which assesses the performance of states for their residents. On the Democratic side, there are 35 pledged Democratic delegates up for grabs. ET and there are six Democratic delegates at stake, according to the AP.

Persons: It’s, Joe Biden, Donald Trump, –, Biden, Marianne Williamson, “, ” Trump, Nikki Haley, Williamson, Dean Phillips, Minnesota, David Stuckenberg, GOP Caucus Trump, Haley, Trump, Ron DeSantis, Vivek Ramaswamy, Phillips, DeSantis, Ramaswamy, Chris Christie, Jason Palmer Organizations: GOP, Trump, Aloha State’s Democratic, U.S, United, Democratic, Republican, Associated Press, Republicans, Minnesota –, U.S . Census, Best, Georgia, News, GOP Caucus, GOP Caucus Trump –, AP, Hawaiian Republican Party, Republican National Convention, Aloha State, Florida Gov, Magnolia State, Washington, New, New Jersey Gov, Evergreen State, U.S . News, Northern, Democrats, Super Locations: Georgia, Hawaii , Mississippi, Washington, Northern Mariana, Hawaii, Stake, Trump , Florida, U.S, Mississippi, Florida, New Jersey, America, Northern Mariana Islands, United States, Marianas, Baltimore, American Samoa

☆ Meet the typical retiree: A married woman in her 70s living on $30,000 a year in Maine or Florida
▼ + stars: | 2024-03-10 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +5 min

They're likely married, stopped their education after high school, and are making up a bigger share of the population in states like Maine and Florida. Even when they've been married once, women are still more likely than men to hold no retirement savings. Per Gallup, the average retirement age in the US has been rising. Similarly, Americans' "target" retirement age increased from 60 in 1995 to 66 in 2022. The "full" retirement age to receive maximum Social Security benefits is 67 for those born after 1960.

Persons: —, They're, they've, Gen, That's Organizations: Service, Pew Research, Business, Social Security, Gallup, Security Locations: Maine, Florida, New England, New Hampshire, Hawaii, . Maine

☆ He prosecuted child sex predators. Now, he’s going after Meta for allegedly enabling them
▼ + stars: | 2024-03-08 | by ( Clare Duffy | ) edition.cnn.com time to read: +13 min

Meta, along with other major social media companies, faces growing scrutiny over the safety of young users on its platforms. But of the several lawsuits filed against Meta over child safety in recent years, none have focused as pointedly as Torrez’s case on alleged child sexual exploitation. In some cases, Torrez said he volunteered to take child abuse cases and to visit safe houses to conduct interviews with child victims. The New Mexico Attorney General's office alleges it found in an investigation of Facebook and Instagram accounts promoting sexualized images of minors. Meta also says it has removed hundreds of thousands of accounts, groups and devices for violating its child safety policies.

Persons: Raúl Torrez, Torrez, Presiliano Torrez, ”, Mark Zuckerberg, pornographers, General Raúl Torrez, Countess, ” Torrez, Zuckerberg, Frances Haugen, ” Meta, Obama, Meta, Rebecca Wright, —, Linda Atkinson, aren’t, “, New Mexico Attorney General's, Issa Bee, Issa, you’re, Nkechi Nneji, Evelyn Hockstein, Ann Olivarius, McAlister Olivarius Organizations: New, New York CNN, Facebook, Meta, Tech, Getty, CNN, Communications, ”, Harvard, London School of Economics, Stanford Law School, New Mexico Department of Justice, New Mexico Attorney, PayPal, National Center for, Force, Reuters, Bureau, US News Locations: New York, New Mexico, Torrez, Washington ,, Albuquerque, Mexico, ”, Bernalillo County, Torrez’s, United States

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