Capital Archives - DR News - News, Retirement, Finance

Retirement Crisis Looms: BlackRock’s Larry Fink Urges Americans to Tap US Capital Markets for Secure Future

NEW YORK, NY – Renowned financier Larry Fink has recently drawn attention for his stance on Environmental Social Governance (ESG) and its impact on retirement planning. Despite facing criticism for his advocacy of ESG investing, Fink’s extensive experience in finance lends credibility to his warnings about the looming retirement crisis facing average Americans. Fink, with over 40 years of experience on Wall Street, has played a significant role in the development of financial markets. As …

Texas Woman Charged with Capital Murder in Alleged Religious Rite Drowning of Young Relative

Spring, Texas – A horrific incident in Spring has led to the arrest of a 39-year-old woman under charges of capital murder following the alleged drowning of her four-year-old relative. The alleged crime, described by authorities as a ritual drowning, took place in September 2023, but the suspect, Nakia Martin, was only recently apprehended. Martin was tasked with looking after her cousin’s children while their mother was away in Indiana. The distressing event unfolded when …

Huntsville Tragedy: Local Man Faces Capital Murder Charges in Grandparents’ Death

Huntsville, Alabama – A local man faces charges of capital murder following the tragic deaths of his grandparents, authorities announced Tuesday. The suspect, identified as 36-year-old Jacob Miller, was taken into custody late Monday evening at a residential address where, police allege, the homicides occurred. Madison County officials report that emergency responders were called to the scene around 8 p.m. following a distress call from a neighbor. Upon arrival, law enforcement discovered two elderly individuals …

Medicare Premiums and Capital Gains: What Retirees Need to Know

Los Angeles, CA – Retired individuals who are considering downsizing their home may wonder about the impact on their Medicare premiums. Selling a home with a significant capital gain could potentially trigger income-related adjustments to Part B and Part D premiums, resulting in higher costs for beneficiaries. It’s essential to note that any increase in premiums due to a capital gain may not take effect until two years after the transaction. In the event of …

Second Mistrial Announced in Las Vegas Capital Murder Case After Jury Fails to Reach Verdict

Las Vegas, NV — For the second time, a Las Vegas jury has been unable to reach a verdict in the high-stakes murder trial of Norman Flowers, prompting the judge to declare a mistrial. Flowers faces the death penalty, accused of the brutal 2017 murder of his girlfriend’s 3-year-old daughter. The case has captured local headlines, not only for its harrowing details but also for the courtroom’s repeated inability to resolve it. Flowers was initially …

Pensions to be Revolutionized with Germany’s ‘Generation Capital’ Plan According to New Proposals

Berlin, Germany – With Germany’s baby boomers from the late 50s and 60s now reaching retirement age, the country faces a challenge of supporting an increasingly aging population while dealing with a shrinking workforce. The pension system, established in 1889, relies on a public retirement insurance scheme where contributions from the current workforce support the pensions of retirees – a system known as the “intergenerational contract.” In the 1960s, there were six workers for every …

Devastation in Vanuatu: Catastrophic 7.3 Magnitude Earthquake Strikes Capital, Claims Lives and Wreaks Havoc on Infrastructure

Port Vila, Vanuatu — A devastating 7.3 magnitude earthquake struck less than 20 miles west of Port Vila, the capital of Vanuatu, wreaking havoc across the city on Tuesday. The catastrophe has led to the death of six individuals, significant damage to infrastructure, and widespread disruption throughout the area. Local broadcast footage showed several buildings and vehicles severely damaged, with debris scattered across major highways. Two critical water reservoirs serving the city sustained damage, exacerbating …

Teen Charged with Capital Murder in Fatal Shooting Over Robbery in Jackson

JACKSON, Miss. — A robbery led to the tragic death of a 19-year-old man at a local apartment complex last week, sparking a police investigation that has so far resulted in one arrest, authorities reported. The incident occurred around 1:30 p.m. on Nov. 17 at the Trails at Northpointe Apartments, where the victim, identified as Lamar Washington, was fatally shot while seated in his car. According to official statements, the attacker fled the scene immediately …

Healthcare Executive Transitions to Venture Capital to Lead Transformation of Summa Health System into For-Profit Organization with Tech Solutions and Innovations

Salt Lake City, Utah – Once a prominent figure in the healthcare industry, Dr. Marc Harrison made an unconventional career move by joining venture firm General Catalyst in late 2022. With a background in leading medical systems, including a recent stint as CEO of Intermountain Healthcare in Utah, Harrison now spearheads a unique venture to transform Summa Health, a nonprofit health system in northeast Ohio. Under the new ownership of General Catalyst, Summa Health is …

Night of Fire: Over 30 Airstrikes Rock Beirut, Plunging Lebanese Capital into Unprecedented Turmoil

Beirut, Lebanon — Over 30 airstrikes targeted Beirut’s southern suburbs overnight in what has been described as the most intense bombardment since Israel’s military offensive extended into Lebanon on September 23. The airstrikes specifically struck areas known to be strongholds of Hezbollah, leaving the Lebanese capital shrouded in smoke and lit by the glow of fires in the early hours of Sunday. Following a prolonged conflict with Gaza, Israel has redirected its military efforts towards …