Retiring with $1 million in savings is still possible but getting harder

According to the latest data from the Chilean Insurers Association, between January and October of this year, car thefts reached 13,962, 67.6% above the 8,330 in the same period of 2021. The 10 vehicles with the highest thefts represent 32% of the total of these crimes, and in them there are 4 Nissan models, 3 Kia, in addition to Ford, Toyota and Mitsubishi.

Life has definitely changed in a big way for reality TV couple Todd and Julie Chrisley. The two were found guilty of bank fraud and more this past summer and, after months of waiting, they were sentenced to years in prison just a few weeks ago. It goes without saying that they’re facing a very different kind of reality moving forward. Many probably assumed that the two were…

He was speaking in an interview with Andrew Ross Sorkin, a columnist for the news organization, who said Bankman-Fried was joining from the Bahamas. Among the outstanding questions are how Bahamas- based FTX ended up with an $8 billion hole in its balance sheet and whether it mishandled client funds, amid reports that FTX loaned client money to Alameda.

–The majority of Americans should wait until they’ re age 70 to begin collecting their Social Security benefits to maximize their monthly payments, according to a study published by the National Bureau of Economic Research. ,”estimate that when seniors claim their Social Security benefits too early, they may lose more than $180,000 in benefits.

An attorney representing the state of Idaho filed a motion Friday asking a judge to dismiss a lawsuit against the Idaho Department of Health and Welfare over alleged discriminatory policies that deny transgender people coverage under Medicaid for gender reassignment surgery. (Getty Images)An attorney representing the state of Idaho filed a motion Friday asking a judge to dismiss a…

The new regulation is part of the Murphy administration's push to expand access to abortion in the wake of the Supreme Court's Dodd decision. (Dana DiFilippo | New Jersey Monitor)The state Department of Banking and Insurance has proposed a new regulation that would require health insurance plans overseen by the state to cover abortions, according to a report the department sent to…

The president of the New York Federal Reserve, John Williams, said today that the unemployment rate in the United States in 2023 could rise from the current 3.7% to 5% as a result of interest rate hikes enacted by the Fed to reduce inflation. "We are already seeing some of the effects of tighter monetary policy," Williams said in a virtual speech to the Economic Club of…

When Andrew Shadid talks with orthopedic surgeons, "they kind of laugh" at his practice's approach of focusing on Medicaid patients. "Most people don't want to get involved in the Medicaid space, especially in Illinois," says Shadid, CEO of Genesis Orthopedics& Sports Medicine in the Chicago area. They make it work financially by applying principles of reverse…

After Chenaya Valeus moved to Massachusetts in fifth grade from her native Croix-des-Bouquets in Haiti, she used math to feel connected to home. As a senior at Boston International High School in Dorchester, Valeus is taking steps to do just that. “Because I was born and raised in Haiti, I did not even know credit cards existed, "Valeus said.“ I know credit cards are…

The Department of Labor, which oversees employer-sponsored retirement offerings such as 401 plans, first warned plan sponsors in March to "exercise extreme care" before opening those plans to cryptocurrency investments. They've been underscored by the collapse earlier this month of FTX, a leading crypto exchange whose founder, Sam Bankman-Fried, had become…

For years, Elizabeth Holmes was the darling of Silicon Valley, a woman who could do no wrong. To someone outside Silicon Valley, the story sounds absurd. How did so many people fall? However, in Silicon Valley, many believe that Theranos, far from being an aberration, speaks to systemic problems with the startup culture.

–North Carolina Insurance Commissioner Mike Causey is celebrating a Wake County Superior Court decision this week to liquidate two financially troubled insurance companies once led by billionaire Greg Lindberg. The Monday court order from Judge Graham Shirley granted a Nov. 1 request from Causey to place Colorado Bankers Life Insurance Co. and Bankers…

As New Yorkers struggled to feed families and save businesses, fraudsters hatched schemes to steal billions in taxpayer-funded coronavirus aid.

Nov 21- The Federal Reserve may slow interest rate hikes starting next month as it fine-tunes its monetary policy measures to help curb inflation and keep pace with the economy, Cleveland Fed President Loretta Mester said on Monday. The Federal Reserve raised interest rates 75 basis points for the fourth straight time, but since then a steady battery of…

One indicator after another warns that the U.S. economy, the most powerful in the world, should decline. If anything, what has happened is, as in Mexico, the economy has accelerated in the third quarter of 2022 over the previous two quarters. In trying to explain the unusual resilience the U.S. economy has shown in the face of resurgent inflation, the Federal Reserve's…

After four years of waiting, the Education Department agreed he'd been defrauded by WyoTech, a career school owned by Corinthian Colleges, and was entitled to the full cancellation of his federal student loans. "That email was dated September 7, 2021," said Caton, who lives in Colorado. "Every time I call the Department of Education for an update, I get the runaround.

During the COVID-19 pandemic, Mississippi was not allowed to kick anyone off Medicaid under federal regulations. In exchange, the state received extra federal funding. But Mississippi didn’t simply maintain each person’s coverage. Instead, if enrollees on a managed care plan technically lost eligibility (like a new mom more than 60 days after giving birth) or failed to update…

Federal prosecutors are recommending a sentence of 15 years in prison for disgraced Theranos founder Elizabeth Holmes, Reuters reported Friday. Holmes, 38, was found guilty this past January of defrauding investors about the merits of Theranos' blood-testing machines. She is facing a maximum of 20 years in prison, though experts predicted her actual sentence would likely be…

Voters from coast to coast made decisions last week not just about which candidates to favor but also about an array of health-related concerns from abortion to health insurance expansion to legalized ways to get high. Women’s reproductive rights: a big deal A major motivator in the 2022 midterm elections was the U.S. Supreme Court’s decision to abolish the constitutional right…