Author: News Room

Americans in their 30s have another 30 or so years before they reach retirement age, but they may not be saving enough to retire comfortably.On average, Americans believe they’ll need nearly $1.3 million to retire comfortably, according to Northwestern Mutual’s 2023 Planning and Progress study.However, the amount Americans in their 30s currently have saved is much lower. The median 401(k) balance for account holders in their 30s is around $20,400, according to the latest data from Fidelity Investments, the nation’s largest 401(k) provider. The data is from the fourth quarter of 2023.The low amount could be due to several factors.…

Wall Street largely stumbled on Friday but still managed to post strong weekly gains. A powerful four-session winning streak that brought the Dow Industrials and the S & P 500 to all-time highs on Thursday was helped along by this week’s favorable update from the Federal Reserve. The Nasdaq , which was slightly higher on Friday, closed higher every day this week and finished at another record. Looking back on the week, the already rallying market breathed a sigh of relief Wednesday and got a further boost after the Fed signaled that three interest rate cuts will still prove appropriate…

A version of this story appeared in CNN’s What Matters newsletter. To get it in your inbox, sign up for free here. Although many Americans and policy wonks see climate change as the major existential issue of our time, it ends up feeling like a relatively small piece of the American political conversation, which is more focused on the economy, immigration and democracy. The climate crisis ends up touching on all of those issues, as CNN’s chief climate correspondent Bill Weir told me. His new book, “Life As We Know It (Can Be): Stories of People, Climate and Hope in a Changing…

Freedom of speech is a bedrock right for U.S. citizens. It is guaranteed in the First Amendment of our Constitution. We tend to think other democracies enjoy the same privilege. Think again. Just look at our neighbor to the north, Canada. As this episode of What’s Ahead points out, the right to free speech has been under assault there for years. Shockingly, the Canadian government is pushing new legislation that would, among other abominations, allow you to be arrested if a judge is convinced you are about to say something that is considered unlawful. That’s right: You don’t have to…

Watch full video on YouTube

Adult film actor Stormy Daniels claimed that Donald Trump supporters shot her horse with a rubber bullet as retribution for her claims that she had an affair with the former president.In her new documentary “Stormy” on Peacock, Daniels said that the supporters traveled to her Louisiana home and attacked her horse.”They shot him with the rubber bullet,” she said. “The horse survived but still has marks from where it was shot.”Daniels, 45, described how she has faced increasingly violent threats from the former president’s supporters since he was indicted last year in connection with a scheme to pay her $130,000…

The death toll from the attack on Moscow’s Crocus City Hall Friday night has risen to 133 as Russia’s Federal Security Bureau confirmed eleven suspects had been arrested in connection with the attack.According to Russia’s Investigative Committee: “The death toll will rise further. According to preliminary data, the causes of death were gunshot wounds and poisoning by combustion products.”The death toll stands at 133, the Investigative Committee said on Saturday.Islamic State has claimed responsibility for the attack, though neither the Kremlin nor Russian security services have yet assigned blame officially.TASS reported that Picnic, a Russian rock band, was scheduled to…

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. If data is “the new oil,” then we’re all sitting on unrecognized reserves of value. In web2, personal information is hoarded in siloed platforms and owned by corporate giants. Worse, it’s often sold to unknown entities for private profits. You might also like: Web3 surveillance proves we need on-chain data ownership | Opinion In web3, users have had enough of this data misuse and abuse. As a result, they’re taking back control by binding their gaming, social…

Breaking up in old age can be costly, especially for women.The rate of “gray divorce” — a term that describes divorce at age 50 and older — doubled from 1990 to 2019, according to a 2022 study published in The Journals of Gerontology. It tripled for adults over age 65.In 1970, about 8% of Americans who divorced were age 50 and older. By 2019, that share had jumped to an “astounding” 36%, the study found.About 1 in 10 people — 9% — who divorced in 2019 were at least 65 years old.Meanwhile, rates of divorce have declined among younger adults,…

Can $3B Truth Social windfall help Trump’s money crunch? Will Trump’s $3B share in Truth Social last, and can he use it to thwart property seizures? “It is possible,” says Erik Hirsch, Co-CEO of Hamilton Lane. But “selling that much stock into the market is going to be very difficult to not have negative consequences on the stock price….it’s hard to beat the market, and the market is going to want to see reality.”