Dear Catey, I am a 40-year-old law-enforcement officer and hope to retire in 13 or 14 years. At that time, I will have 30-plus years on the job with a pension giving me 70% of my current income with a cost-of-living annual percentage increase around 2% or 3%. Additionally I have a little over $60,000 […]
WASHINGTON — There are backlit billboards announcing the upcoming campaign event for President Trump. Outside a large arena footage of Trump plays on giant screens as supporters chant “Four more years!” Inside the arena, Trump’s surrogates appear on a large Jumbotron as the crowd roars. This spectacle seems unthinkable in the age of the coronavirus […]
How do you make $1.7 trillion disappear? A trade war is one way, a new report has found. A study by the Federal Reserve Bank of New York adds to previous findings that, despite pronouncements from the White House, Americans are paying — and paying stiffly — for the U.S.-China trade war. “ Whether it […]
“ ‘Go home.’ ” That’s Atlanta Mayor Keisha Lance Bottoms, imploring the people of her city to get out of the streets, to quit rioting, to quit damaging property, to quit “disgracing the life of George Floyd and every other person who has been killed in this country.” See:Minneapolis police officer whose kneeling on George […]
Dear Moneyist, I received three direct deposits yesterday for $1,200 each for my kids, all of whom are under 17. They are aged 10, 10 and 15. We already received our $2,400 stimulus check. My wife is on permanent disability and she receives a Social Security payment monthly for them. Were we supposed to get […]
It’s hard out there for a millennial. In fact, the Washington Post, citing a series of economic haymakers and the struggles that come with them, calls the group born between 1981 and 1996 “the unluckiest generation in U.S. history.” Yes, even unluckier than members of the “Lost Generation,” who reached adulthood near the end of […]
After a sharp run-up for U.S. stocks, rising tensions between Washington and Beijing could spark a round of near-term consolidation that could prove to be an entry point for investors, a prominent Wall Street bull said Friday. “Escalating tension with China as the global economy attempts to find its footing, coupled with such strong recent […]
Since the coronavirus pandemic began, fear of contracting the virus from surfaces and objects has fueled a mad dash for disinfectant wipes and frantic scrubbing of everyday items like groceries and takeout containers. Like the virus itself, our knowledge of how COVID-19 spreads is still new. While the Centers for Disease Control and Prevention says […]
The former head of the Justice Department’s Civil Rights Division told Yahoo News she feels “absolute and total disgust” over President Trump’s tweet Friday morning that seemed to imply protesters demonstrating against police brutality in Minneapolis should be shot. “Here we have a situation where we should have the Justice Department on the ground in […]
“The 360” shows you diverse perspectives on the day’s top stories and debates. What’s happening China’s legislature on Thursday approved a controversial national security law that gives the mainland government new powers to police subversion and foreign intervention in Hong Kong. Critics of the new law say it’s a violation of the “one country, two […]