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“Here in Florida, you’ve had a real dose of Trumpism,” Biden told donors in nearby Jupiter, Florida where Trump owns a golf course. “You’re the reason Donald Trump is a defeated president,” Biden said to the attendees. Along with North Carolina, Florida is a state Biden lost in 2020 but which his campaign sees as a pickup opportunity. It’s a very tall order for the Biden campaign. The president lost Florida voters 65 and older to Trump by 10 points in 2020, a wider gap than his 5-point deficit nationally.

Persons: Biden, Donald Trump, Joe Biden’s, you’ve, ” Biden, ”, “, hadn’t, Trump’s, Republican megadonors, Nikki Haley, Biden’s, he’ll, Trump, MAGA, GOP Sen, Rick Scott, Ron DeSantis ’, Joe Biden, Joe Raedle, DeSantis, Donna Deegan, Nikki Fried, Fried, Tom Brenner, Democratic handwringing, That’s, Barack Obama, Bill Clinton Organizations: Trump, ” Air Force, Palm Beach International, Republican, Palm Beach, South, GOP, Republicans, Democrats, ., Sunshine State, Florida voters, Social Security, Medicare, Gov, University of Tampa, Democrat, Jacksonville, Florida Supreme, Florida Democrats, CNN, Democratic, Democratic Party, South Carolina's, State Fairgrounds, Reuters, ”, NBC News Locations: Jupiter, Miami , Florida Florida, Florida, Jupiter , Florida, New York, Palm, Palm Beach, South Carolina, Miami, North Carolina , Florida, Lago, Los Angeles, Columbia , South Carolina, Iowa

☆ A retiree explains his path to achieve happiness and counter loneliness. It can work at any age and doesn't cost a penny.
▼ + stars: | 2024-01-28 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. "I didn't have to say anything, but I did," Lamy told Business Insider. As Business Insider previously reported, loneliness can have significant impacts on people's mental and physical well-being. Over time, loneliness can damage a person's sleep schedule, immune system, heart health, and memory if the issue isn't reversed.

Persons: —, Joe Lamy, Lamy, Johns, he's, Vivek Murthy, It's Organizations: Service, Walgreens, Business, Johns Hopkins, New York Times, Social Security, University of Michigan, Healthy Aging, AARP, American Association of Retired Locations: Seattle

☆ How Some Families Are Breaking the Rules to Apply for Financial Aid
▼ + stars: | 2024-01-27 | by ( Ron Lieber | ) www.nytimes.com time to read: +1 min

Here’s the good news: The Free Application for Federal Student Aid, or FAFSA, website is now open 24 hours a day, seven days a week after a yearslong effort to simplify the process of seeking financial assistance. This month, I watched two high school seniors and their college counselor start the forms from scratch and submit them in just over an hour. But in doing so, the teenagers made a false statement that broke the law. In this case, safeguards are necessary to protect private financial information. But any new login requirements might also trigger an impulse for many families with complicated lives to bypass them.

Persons: ’ Organizations: Federal Student Aid

She said “that if we wanted to win the presidency, we better nominate Joe Biden," Clyburn says, of Emily, who died in the fall of 2019. Political Cartoons View All 253 ImagesAfter less-than-stellar performances in other early states, Biden scored a thundering win in South Carolina four years ago, days after Clyburn announced his support. That backing appeared to have served as an awaited signal for many Black voters in South Carolina that Biden would be the candidate to stand up for their interests. Now, South Carolina Democrats prepare to vote again in a week, serving for this cycle as the party's lead-off primary — a move both Biden and Clyburn supported. The ad begins a statewide run in South Carolina on Monday, and after South Carolina’s Feb. 3 primary, the group plans to air it across the country.

Persons: Joe Biden’s, Jim Clyburn, Biden, “, Clyburn, Emily, Joe Biden, she’s, —, Meg Kinnard Organizations: COLUMBIA, Associated Press, Country, voters, South Carolina Democrats, Democratic, South Locations: South Carolina, South

☆ Merck, Johnson & Johnson CEOs agree to testify in Senate hearing on high drug prices
▼ + stars: | 2024-01-26 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Sen. Bernie Sanders, I-Vt., holds his news conference with Sen. Ed Markey, D-Mass., in the Capitol on Thursday, January 25, 2024, on issuing subpoenas for pharmaceutical company CEOs to testify regarding drug prices. The CEOs of Merck and Johnson & Johnson have voluntarily agreed to testify at an upcoming Senate hearing on high drug prices in the U.S., Sen. Bernie Sanders announced Friday, as lawmakers ramp up efforts to rein in health-care costs for Americans. Meanwhile, Bristol Myers Squibb CEO Chris Boerner and another unnamed pharmaceutical CEO agreed to initial invitations to testify. The push to cut drug prices is one of the rare issues that has united both major political parties in recent years — though they have often backed different approaches to doing so. Last year, the Senate Health Committee similarly heard testimony from the CEOs of Moderna , Eli Lilly , Novo Nordisk and Sanofi on high drug prices.

Persons: Sen, Bernie Sanders, Ed Markey, Johnson, Joaquin Duato, Robert Davis, Chris Boerner, Sanders, Januvia, Bristol Myers, Joe Biden's, J, Eli Lilly Organizations: Merck, Johnson, Health, Education, Labor, Pensions, Bristol Myers, Bristol, J, Moderna, Novo Nordisk, Sanofi Locations: U.S

☆ Empty-Nest Baby Boomers Won't Sell 3-Bedroom Homes Millennials Need
▼ + stars: | 2024-01-23 | by ( Eliza Relman | Jennifer Sor | ) www.businessinsider.com time to read: +6 min

As people age, they need homes that are more accessible and easier to maintain. Large homes often have multiple floors, yards, and other features that make them trickier to navigate for older people. AdvertisementSchuetz says there's not a dearth of large homes in the US. Instead, there's really just a mismatch between large homes and occupants who don't need them. But many more family-sized apartments and other homes will need to be built to make up for the lack of large homes on the market.

Persons: —, Jenny Schuetz, Redfin, Schuetz, Daryl Fairweather, Redfin's, I've, Fairweather, it's, there's Organizations: Service, Business, Brookings Institution

ATLANTA (AP) — With a runup in home values sparking higher property taxes for many Georgia homeowners, there is a groundswell among state lawmakers in this election year to provide relief. Political Cartoons View All 253 ImagesIn Texas, voters in November approved a plan cutting property taxes by $18 billion. Pennsylvania is using lottery proceeds to cut property taxes and subsidize rent for seniors and people with disabilities. That owner would have paid more except for a $950 million property tax rebate championed by Gov. More than $2 billion in property value in Columbus is shielded from taxation by homestead exemptions which don't allow for any rise in value.

Persons: Jon Burns, Newington, ”, Jared Walczak, Chuck Hufstetler, Bill, I’ve, Hufstetler, Burt Jones, It's, Atlanta Sen, Jason Esteves, Esteves, Burns, Shaw Blackmon, Kathleen, That's, Suzanne Widenhouse, Brian Kemp, Widenhouse, ” Widenhouse Organizations: ATLANTA, Georgia's, Republican, Tax Foundation, Democratic, Finance, Rome Republican, Associated Press, Georgia Department, Revenue, Georgia counties, Association of, of Georgia, Gov, Atlanta Locations: Georgia, Texas, Kansas, Colorado, Pennsylvania, California, Muscogee County, Columbus

☆ I'm in my 30s, and 2 of my closest friends are in their 80s. Here's what I've learned from our age-gap friendships.
▼ + stars: | 2024-01-21 | by ( Kate Oczypok | ) www.businessinsider.com time to read: +5 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Despite our age-gap, we've become great friends, and our friendship has only deepened in the last nine years. Later, I learned that the usher, whose name was Art, thought I had a warm smile and seemed friendly. Both Jack and Art taught me that no matter how old you may be, you always feel young at heart. That simple act of kindness Art showed me that Saturday evening resulted in eight years at that church before my husband and I moved.

Persons: Jack, I've, —, we've, He'd, Art, you'd, Britney Spears, You'd Organizations: Service Locations: Rockville , Maryland, Washington ,, Florida

☆ Trump says he 'aced' a cognitive test a few months ago and that his 'mind is stronger now than it was 25 years ago'
▼ + stars: | 2024-01-21 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Read previewFormer President Donald Trump is now boasting about his mental competency after he confused Nikki Haley and Nancy Pelosi during a recent campaign event. "A few months ago I took a cognitive test my doctor gave me," Trump said. You know Nikki Haley, Nikki Haley, Nikki Haley, you know, they — do you know they destroyed all of the information, all of the evidence, everything, deleted and destroyed all of it. Senior Trump campaign advisor Chris LaCivita later said "Nancy ….Nikki ….its a distinction without a difference" in a post on X. "They're saying he got confused, that he was talking about something else, he's talking about Nancy Pelosi," Haley said, BI reported.

Persons: —, Donald Trump, Nikki Haley, Nancy Pelosi, Trump, Haley —, Nancy Pelosi —, Senior Trump, Chris LaCivita, Nancy …, Nikki …, Haley, Joe Biden, Biden, Joe Organizations: Service, Business, Trump, GOP, Democratic, Capitol, BI, Washington Post Locations: Manchester , New Hampshire, Concord , New Hampshire, Keene , New Hampshire

☆ Why we like health-care stocks in 2024 despite their spotty record in presidential election years
▼ + stars: | 2024-01-18 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +11 min

The S & P 500 Health Care Sector index has outperformed the broader S & P 500 in just three of the past eight presidential election years dating back to 1992, according to FactSet data. So far in 2024, health care has been the best-performing sector in the S & P 500, climbing roughly 2%. .GSPHC .SPX YTD mountain Health care sector vs. S & P 500 YTD It's way too early for any grand predictions with Election Day 2024 about 10 months away. Nevertheless, we see attractive fundamentals in the year ahead for a host of health-care stocks, giving us the confidence to own Lilly, GE Healthcare and Danaher despite what history says about the group in presidential election years. After a strong 2022 for health care in a terrible overall market, investors last year placed a lower emphasis on the defensive characteristics of health care.

Persons: —, that's, Eli Lilly, Lilly, Jim Cramer, Jim, Sen, Bernie Sanders of, Joe Biden, Sanders, would've, Damien Conover, Conover, Biden, Eli Lilly's, Morningstar, Amgen, Morningstar's Conover, Lilly's donanemab, Humana, Bausch, Jim Cramer's, Frederick Florin Organizations: Health, GE Healthcare, Abbott Laboratories, Amgen, Novartis, Walgreens Boots Alliance, JPMorgan Healthcare Conference, Democratic, Morningstar, CNBC, Horizon Therapeutics, Novo Nordisk, Federal Reserve, General Electric, Medicare, Humana, UnitedHealth Group, Investors, AFP, Getty Locations: San Francisco, U.S, Bernie Sanders of Vermont, Canadian, Fegersheim, France

☆ Struggling insurance upstart Oscar is making a long shot bet on a Trump-era program to fuel growth
▼ + stars: | 2024-01-16 | by ( ) www.businessinsider.com time to read: +6 min

The New York insurance company has struggled to find its footing for years. At the top of the list is this little-known Trump-era policy, which offered employers a new way to give workers health benefits. Oscar has struggled with deep lossesBertolini is the former CEO of the insurance company Aetna. The company raised its health plans' prices and renegotiated contracts with healthcare providers and vendors — including its pharmacy-benefit manager — to lower expenses. In the future, Oscar plans to design specific health plans that cater to those types of customers.

Persons: —, Joshua Kushner, Mario Schlosser, Oscar, it's, Mark Bertolini, It's, Bertolini, Trump, Ari Gottlieb, Elijah Nouvelage, haven't Organizations: Service, Business, New, Morgan Healthcare, Aetna, Reuters, HRAs Locations: New York, ICHRAs

☆ 4 stock ideas I brought back from the JPMorgan Healthcare Conference and everything else I learned about the industry
▼ + stars: | 2024-01-15 | by ( Jim Cramer | ) www.cnbc.com time to read: +12 min

We will go over them – but first, let me talk about what I learned at last week's JPMorgan Health Care Conference that I attended in San Francisco, and what it means to your portfolio. We know health care has a lot of angles too it. The previous CEO Roz Brewer was from Starbucks and struggled with the role that Walgreens plays in health care. You have to be following the transformation of Bristol-Myers, which is opening its wallet to buy a host of drug companies, including anti-psychotic firm Karuna. Health care is the way to go.

Persons: Regeneron, Pfizer, Eli Lilly, Dave Ricks, Lilly, donanemab, Lilly's, Zepbound, it's, Abbott, It's, Roche, Merck, Myers, ABT, Robert Ford, Tim Wentworth, He's, Roz Brewer, Wentworth, he'll, Brewer wasn't, Bob Bradway, Amgen, Vas Narasimhan, Sandoz, Karuna, Medtronic, Hugo, Morgan Stanley, Wells, Covid, Cramer's, Jim Cramer, Jim, Las Vegas Brendan Smialowski Organizations: Abbott Labs, Covid, Novartis, Amgen, Walgreens Boots Alliance, JPMorgan Health Care Conference, Humana, Drug Administration, Novo Nordisk, Dickinson Co, Bristol, Myers Squibb, Pfizer, Department, WBA, Walgreens, Starbucks, -, pharma, Merck, Keytruda, Horizon Therapeutics, Federal Trade Commission, Myers, BD, CVS Health, JPMorgan, Cramer's Charitable, CNBC, Consumer, AFP, Getty Locations: San Francisco, GLP, North Carolina, Europe, Cencora, Amgen, West, Bristol, Target, Las Vegas

There was one answer, he said, that would always be acceptable in his class filled with second-year students at the U.S. Military Academy. President Joe Biden, in his first campaign address of the year, warned about Trump's rhetoric on the military and its leadership. With cadets and midshipmen drawn from across the United States, students at West Point and other service academies are aware of the national mood and the potential for political divisions to seep into the military. At West Point, the Constitution and the oaths are not only embedded throughout the curriculum, they also permeate the campus. Avoiding it would not be an option, said Reeves, whose family ties to West Point date to the 19th century.

Persons: Joe Amoroso quizzed, ”, ” Amoroso, It’s, Trump, Mark Milley, Joe Biden, Milley, Marybeth Ulrich, Darrell Miller, Democrat Biden, Miller, “, Bryan Agustin, Ulysses S, Grant, Dwight D, Eisenhower, Shane Reeves, Jan, Reeves, Biden, – Organizations: U.S . Military Academy, Hesitantly, Joint Chiefs of Staff, West, Trump, Air Force Academy, U.S . Capitol, Civil, Military Relations, Space Force, Buckley Space Force Base, Democrat, Republican Trump, Defense, Goodfellow Air Force Base, Union Army, 101st Airborne, Central High School, GOP, Associated Press, AP Locations: United States, Denver, Texas, West, Little Rock , Arkansas, Brig

☆ The new FAFSA form for 2024 was supposed to streamline the process. It took me 13 hours to complete — and only thanks to Reddit.
▼ + stars: | 2024-01-11 | by ( Erika Ebsworth-Goold | ) www.businessinsider.com time to read: +5 min

The Department of Education says the FAFSA overhaul will improve and streamline the application process. AdvertisementFirst, I started my son's application. It couldn't handle specific questions and simply referred me back to the general FAFSA site. It took another hour of trying before I could finally, blessedly, file the form — after 13 hours of trying. I'm glad my family got through what was a frustrating experience — although I'll feel better once we get confirmation that my son's application is processed successfully.

Persons: —, I'd, Aidan, Reddit, Aidan couldn't, it's Organizations: Service, US Department of, Federal Student Aid, of Education, Internal Revenue Service, Business, Social, Google, Department of Education, DOE

☆ CVS to close ‘select’ pharmacies in Target stores in the coming months
▼ + stars: | 2024-01-11 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +2 min

CVS Health plans to close select pharmacies inside Target stores early this year, a company spokesperson said Thursday, as retail pharmacy chains in the U.S. struggle to boost profits. She added that employees affected by the closures will be offered comparable roles within CVS, and prescriptions will be transferred to a nearby CVS pharmacy before a location closes. The spokesperson did not disclose how many stores would be shuttered, but a report from The Wall Street Journal on Thursday said CVS would close "dozens" of locations. The company has a pharmacy in about 1,800 of Target's 1,956 stores in the U.S., according to a Target spokesperson. The Target spokesperson declined to comment on the closures or share plans for the closed CVS locations.

Persons: Melissa Repko Organizations: CVS, Wall, Oak Street Health, CNBC, CNBC PRO Locations: U.S

Read previewThe Food and Drug Administration on Friday cleared the way for Florida's first-in-the-nation plan to import lower-priced prescription drugs from Canada, a long-sought approach to accessing cheaper medications that follows decades of frustration with U.S. drug prices. Ron DeSantis signed the plan into law in 2019, but it required federal review and approval by the FDA, which controls prescription drug imports. "These proposals must demonstrate the programs would result in significant cost savings to consumers without adding risk of exposure to unsafe or ineffective drugs," FDA Commissioner Dr. Robert Califf said in a statement. Health officials there previously have suggested their country's prescription drug market is too small to have any real impact on U.S. prices. The U.S. has long had the highest prescription drug prices in the world, with essentially no government limits on what companies can charge.

Persons: —, Florida's, Ron DeSantis, Joe Biden, Donald Trump —, Robert Califf, DeSantis Organizations: Service, Drug Administration, Business, Republican Gov, FDA, Democratic, U.S, Trump, Health Locations: Canada, Mexico, U.S

☆ Getting hot new weight-loss drugs like Wegovy will still be a struggle in 2024
▼ + stars: | 2024-01-04 | by ( ) www.businessinsider.com time to read: +11 min

AdvertisementIf you were hoping that powerhouse weight-loss drugs like Wegovy would be easier to get in 2024, you may be disappointed. Don't expect Medicare coverage any time soonMedicare could play a major role in expanding coverage of weight-loss drugs . Americans' hunger for weight-loss drugs, and the shockwaves it's likely to send through the culture and economy, are only just beginning. He oversees the state employee health plan, which saw costs skyrocket as thousands of workers suddenly started taking weight-loss drugs. People who are already getting weight-loss drugs will be able to keep taking them.

Persons: —, Renee Rayburg, Mercer, Eli Lilly's, Jose Luis Pelaez, there's, Wegovy, Bill Coyle, ZS, Eli Lilly, David Risinger, Lilly, Risinger, Morgan Stanley, Mounjaro, They're, That's, Patrik Jonsson, Lilly USA, Coyle, Dale Folwell, Folwell Organizations: Service, Pharmaceutical, Group, Novo Nordisk's Wegovy, Mayo Clinic, University of Texas, Hennepin Healthcare, Medicare, Capital Alpha Partners, Vanderbilt University, Nordisk's Wegovy, Novo Nordisk, pharma, Nordisk's, FDA, Pharma, UBS BioPharma Conference, Walmart, Jefferies, Nordisk Locations: Mounjaro, Government, Minnesota, Minneapolis, Hennepin, ZS, U.S, Carolina, North Carolina

☆ An innocent-looking Instagram trend could be a gift to hackers, according to a cyber-security expert
▼ + stars: | 2024-01-03 | by ( Sirena Bergman | ) www.businessinsider.com time to read: +6 min

Remove all proof of it from the internet," she said, adding that she felt "we're inching" closer to sharing social security numbers online. Comments accused her of "reaching" and wrote that it was a big step from sharing a favorite color to a social security number. A huge number of viewers also disputed her premise, saying the questions in the template did not coincide with typical security questions. Posting personal information online is always a riskExperts tend to agree that listing personal information online isn't advisable. It's a high price to pay for a social media trend, even if it doesn't feel likely to happen to you.

Persons: —, TikTok, Shiloh, Lisa Plaggemier, Plaggemier, Tessian, It's, Joseph Turow, Eliana Shiloh Organizations: Service, Deloitte, National Cybersecurity Alliance, DOJ, University of Pennsylvania Locations: Chicago

☆ This income-paying asset could be poised to rise in 2024 as interest rates cool
▼ + stars: | 2024-01-02 | by ( Darla Mercado | Cfp | ) www.cnbc.com time to read: +6 min

With interest rates expected to come down in 2024, real estate — a sector beloved for its steady income payments — could see upside in the new year. "When rates are low, a lot of income-oriented investors see that REIT dividend as very attractive, and they are willing to take the risks associated with equity investment to have this dividend payment." Jefferies is neutral on the office REIT sector but has raised its rating on Boston Properties to buy from hold. The senior housing occupancy rate was 84.4% in the third quarter of 2023, according to the National Investment Center for Seniors Housing & Care . That's up more than 6 percentage points from the pandemic low of 77.8%, but it's still off from the pre-pandemic occupancy rate of 87.1%.

Persons: REITs, Kevin Brown, Jefferies, Peter Abramowitz, Morningstar's Brown, it's, Brown, JPMorgan's Anthony Paolone, Ventas, — CNBC's Michael Bloom, Chris Hayes Organizations: Federal Reserve, Treasury, Boston Properties, Boston, National Investment Center, Seniors Housing & Care, Realty Locations: U.S, Boston, Friday's

☆ Nursing home residents in their 80s and 90s talked about what beauty means to them. Their answers might surprise you.
▼ + stars: | 2023-12-03 | by ( Kelly Burch | ) www.businessinsider.com time to read: +4 min

A nursing home in the UK asked its residents about what beauty means. 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 . "Don't look at others," said Teju Taylor, 61. Teju Taylor getting her nails done.

Persons: —, It's, Meryll Bradley, Lottie, Bradley, Teju Taylor, Ray Deahl, King Charles, Joe Biden, Taylor, You've Organizations: Service

☆ A boomer couple left Texas for the retirement of their dreams: 'We were brainwashed that it was the only place to be — it's not'
▼ + stars: | 2023-12-03 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +6 min

The couple was tired of paying high property taxes and wanted a new adventure in retirement. Sure, the state has no income tax, but when you are retired the property tax is killer. We wanted to live in a place with seasons and that was between our kids' homes in Connecticut and Texas. The county we live in has a property tax exemption for seniors on school taxes, so now we only pay $1,599 a year. Courtesy of Nancy CottonNancy: Living in Texas so long we were brainwashed that it was the only place to be.

Persons: Texans Nancy, Jim Cotton, —, Nancy, Jim, There's, Nancy Cotton Nancy, Nancy Cotton We're, It's, Austin, I've, Texas Organizations: Texans, Service, Asheville , North Carolina —, Security, Texas, iIt Locations: Georgia, Ellijay , Georgia, Texas, Connecticut, Nancy, Colorado, Arizona, New Mexico, Asheville , North Carolina, Austin, Asheville, It's, Georgia Nancy, Ellijay, Atlanta, Chattanooga, Leander, , Georgia

☆ Broadway Babies, Singing Show Tunes for Seniors
▼ + stars: | 2023-12-03 | by ( Sarah Bahr | More About Sarah Bahr | ) www.nytimes.com time to read: 1 min

“Oh, baby, give me one more chance,” sang Corey J, a former Little Michael in the Broadway musical “MJ.” Dressed in a black rimmed hat and a black turtleneck, jacket and pants, he slipped through the explosion of joy that is the chord progression of the Jackson 5 song “I Want You Back.”He had performed the song hundreds of times in the Broadway show, a biographical Michael Jackson jukebox musical, at the Neil Simon Theater. But on this particular afternoon, he was on a much smaller stage: an Upper East Side senior center, where about 50 residents seated in floral chairs clapped along to the beat.

Persons: ”, Corey J, Little Michael, Jackson, Michael Jackson, Neil Simon Organizations: Broadway, East

☆ Millennials have become their own worst enemy in the housing market
▼ + stars: | 2023-12-02 | by ( Cork Gaines | ) www.businessinsider.com time to read: +5 min

The housing demand from millennials has made it harder for the generation to get into the game. Meanwhile, housing prices are still high but have started to pull back recently in some areas of the country. In September, Zillow reported that the total US housing market reached a record value of $52 trillion, a 49% jump since before the pandemic. AdvertisementMillennials are in danger of creating a housing bubbleThe research from Indiana University warns that the larger millennial population could lead to a housing bubble and a crash in the housing market. Demand from this generation is expected to wane just as baby boomers start to leave the housing market.

Persons: —, millennials, Zillow, ZIllow, Paul Bradbury, Millennials, boomers, Ariel Skelley, Xers, Tom Grill Organizations: Service, Federal Reserve, Indiana Business Research Center, IU Center, Real Estate, Getty, Education Data Initiative, National Association of Realtors, Indiana University Locations: millennials

☆ How to Donate to Charity, Get a Tax Break and Have Income for Life
▼ + stars: | 2023-12-01 | by ( Laura Saunders | ) www.wsj.com time to read: 1 min

Illustration: Jarred BriggsTax breaks for charitable donations come in many flavors, and this year Congress has a new one for seniors called an IRA charitable gift annuity. It allows older owners of traditional IRAs to donate account funds to a charity and get tax breaks plus income payments for life. Brian and Deborah Smith of Park City, Utah, plan to try this option next year. That’s when Deborah Smith turns 73 and has to begin required withdrawals from her traditional IRA. She will donate $53,000 of her $550,000 account to the Episcopal church where the couple is active and Deborah serves on the board.

Persons: Jarred, Brian, Deborah Smith, That’s, Deborah Organizations: Episcopal Locations: Park City , Utah

☆ Financial Gift Ideas for Any Age
▼ + stars: | 2023-12-01 | by ( Nick Fortuna | ) www.wsj.com time to read: 1 min

Seeding a ‘529’ college-savings plan for young children or a Roth IRA for teenagers can give your loved ones a leg up. Illustration: Alex NabaumU.S. consumers entered this holiday season planning to spend an average of $654 on gifts, with the likeliest purchases going to gift cards, vacation and travel, and toys and games, according to the Conference Board Holiday Spending Survey. Instead of giving these traditional gifts, wealth advisers say a financial-related gesture or present might be the best gift of all—the one that keeps on giving. Even small financial gifts can help to position young people for success or help seniors to enjoy their retirement, financial advisers say.

Persons: Roth, Alex Nabaum Organizations: Conference

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