economy Archives - DR News - News, Retirement, Finance

“Economy” Biden Takes Aim at Trump’s Economic Record

WILMINGTON, Del. – President Joe Biden criticized former President Donald Trump’s economic record, accusing him of failing to deliver the benefits of a strong economy to the American people during a speech in North Carolina. Biden, speaking at an event in Raleigh, North Carolina, argued that Trump’s economic policies primarily benefitted the wealthy, citing the disparities in income and job growth throughout the country. He specifically called attention to the stock market, suggesting that Trump’s …

Don’t Let Bad Timing and Inflation Derail Your Retirement

Have you heard about the sequence of returns risk? A sequence of returns risk shows how your retirement can be better or worse, depending on how the market is performing when you retire. Some people are fortunate enough to retire when the markets are good, and their investments enjoy substantial growth in those early years, which helps them better withstand losses later in their retirement. Other people have the terrible luck of retiring in a …

“Economy” Takes Center Stage as Voters Weigh Trump vs. Biden Performance

Atlanta, Georgia – With Super Tuesday underway, the economy emerges as a leading concern for voters across the country. A recent survey by CBS News indicates that a majority of Americans viewed the economy favorably during former President Donald Trump’s tenure, in contrast to the more mixed perceptions of the current economic landscape under President Joe Biden. The divergence in public opinion could be attributed to the contrasting experiences of the economy between 2017 and …

Cost-Of-Living Payments for Households Marks Turnaround in UK Economy

LONDON – Households in the UK will begin to receive the third £299 cost-of-living payment starting today, as part of a support package implemented since autumn 2021. This payment is the third of up to three instalments totalling up to £900 paid to eligible households on means-tested benefits over the course of 2023/24. According to the Department for Work and Pensions (DWP), payments will be distributed automatically across the UK between February 6 and 22. …

DACA Recipients: Contributions to U.S. Economy and the Fight for Protection

WASHINGTON, D.C. – The Deferred Action for Childhood Arrivals (DACA) program, created in 2012, has provided a lifeline to over 835,000 immigrants pursuing their dreams in the United States. The program has allowed recipients to live free from the fear of deportation, enabling them to remain with their families and contribute to society through education, employment, and entrepreneurship. However, the future of DACA remains uncertain due to ongoing litigation and attacks in the courts by …