Author: Reporter

The narrative of a miserly, Scrooge-like figure hoarding his wealth for years instead of enjoying his retirement might seem unbelievable but unfortunately, it is not relegated only to fiction. It is a cold reality for many retirees. According to the Life Cycle Hypothesis, this should not need to happen. A retiree who is financially prepared for retirement should keep a consistent income in retirement, and her overall consumption should not change. WHO IS STRUGGLING TO SPEND THEIR RETIREMENT INCOME? About 25% of retirees fall into the camp of people who decrease spending during retirement. Moreover, research suggests this problem...

It is a practice that is about as American as apple pie, accusing immigrant and minority communities of engaging in bizarre or disgusting behaviors when it comes to what and how they eat and drink, a kind of shorthand for saying they do not belong. The latest iteration came at the presidential debate, when former President Donald Trump spotlighted a false online tempest around the Haitian immigrant community of Springfield, Ohio. He repeated the groundless claim previously spread by his running mate, JD Vance, that the immigrants were stealing dogs and cats, the precious pets belonging to their American...

When Kate Winslet stumbled upon the extraordinary story of Lee Miller she did not want to let go of it. Miller was an American photographer who became a correspondent for British Vogue during World War II, shooting everything from London after the Blitz to the liberation of Dachau. In 1945, David E. Scherman took a rather famous photo of her in Hitler’s bathtub in Munich. Before the war, Miller had already led many lives as a model and so-called “muse” to surrealists like Man-Ray. After, she continued documenting the fallout in Eastern Europe, all the while struggling with alcoholism,...

A federal investigation into Chinese government efforts to hack into U.S. telecommunications networks has revealed a “broad and significant” cyberespionage campaign aimed at stealing information from Americans who work in government and politics, the FBI said in November. Hackers affiliated with Beijing have compromised the networks of “multiple” telecommunications companies to obtain customer call records and gain access to the private communications of “a limited number of individuals,” according to a joint statement issued by the FBI and the federal Cybersecurity and Infrastructure Security Agency. The FBI did not identify any of the individuals targeted by the hackers but...