Reports Archives - DR News - News, Retirement, Finance

Stocks Surge as Cannabis Stocks Skyrocket on DEA Reclassification Reports

Phoenix, Arizona – Cannabis stocks experienced a significant surge following reports about the potential reclassification of marijuana by the U.S. Drug Enforcement Administration (DEA). The DEA’s proposal revolves around acknowledging marijuana’s medical benefits and recognizing its lower potential for abuse compared to other drugs like heroin and LSD. Currently categorized as a Schedule I drug, marijuana could potentially move to a less restrictive Schedule III classification, indicating moderate to low potential for physical and psychological …

Pension Fund’s Real Estate Investment Sees -8.4% Return in 2023, Alberta Reports

Edmonton, Alberta – Alberta’s largest pension fund faced a setback in 2023 with a negative 8.4% return on its real estate investments. This downturn in performance is significant for the fund, as real estate typically plays a key role in its portfolio. Despite efforts to diversify and manage risks, the fund experienced challenges in the market that impacted its returns. The Alberta Investment Management Corporation (AIMCo) manages the pension fund, overseeing investments across various asset …

Social Security at Risk for Gen X as Lawmakers Fail to Act, San Antonio Express-News Reports

San Antonio, Texas – Generation X faces the looming risk of losing out on Social Security benefits if policymakers fail to take action, potentially leaving them in a dire financial situation. Without interventions from baby boomers in positions of power in Washington, D.C., Gen Xers may find themselves at a significant disadvantage when it comes to retirement funds. Born roughly between the mid-1960s and early 1980s, Gen X is in a precarious position due to …

Weapon Transfer: White House Approves $2.5bn Warplanes and Bombs to Israel, Despite Gaza Crisis, Reports The Washington Post

Washington, DC – The White House has approved the transfer of $2.5 billion worth of warplanes and weapons to Israel, as reported by The Washington Post. This decision comes amidst growing concerns regarding the potential Israeli invasion of Gaza’s Rafah and the escalating civilian casualties in the region. According to Pentagon and Department of State officials, the arms package includes over 1,800 MK84 2,000-pound bombs and 500 MK82 500-pound bombs. These bombs have been linked …

Kate Middleton and Prince William “Will Not Be Rushed” into Addressing Health Controversy and Rumors, Sunday Times Reports

London, England – Friends of Kate Middleton reveal to the Sunday Times in the UK that she has been deeply affected by the controversy surrounding a doctored Mother’s Day image she and Prince William shared last week. The manipulated photo, depicting Kate and her three children, sparked rumors about her health and marriage. The report suggests that Kate is contemplating disclosing more about her health situation in response to the speculation. The article details how …

Kate Middleton’s Senior Staff In The Dark About Post-Surgery Recovery: Reports

London, UK – The Duchess of Cambridge, Kate Middleton, has been maintaining a low profile since December, sparking speculation among social media users about her condition. Kensington Palace recently revealed that the 42-year-old underwent planned abdominal surgery in January and is currently recovering at home. However, rumors suggesting that Middleton might be in an induced coma have been circulating online. Contrary to public assumptions, some of Middleton’s senior staff members have reportedly not been in …

Debt Relief: Consumer Financial Protection Bureau Targets Medical Bills and Credit Reports

Washington, D.C. – The Consumer Financial Protection Bureau, under the leadership of Rohit Chopra, is taking a proactive approach to protecting Americans from the burden of medical debt. Since its establishment in 2010 by President Barack Obama, the agency has shifted its focus from traditional financial sectors to address the growing crisis of medical debt plaguing millions of individuals across the United States. In recent years, the CFPB has taken significant action against medical debt …

Biden’s Annual Physical Shows No New Concerns, White House Doctor Reports

Washington, DC – President Joe Biden recently underwent his annual physical, with the White House doctor reporting “no new concerns” about his health. The president’s visit to Walter Reed for the examination was unannounced, aiming to ensure he is fit for duty as commander in chief. The physical examination, which gives only a partial view of the president’s health, includes both physical and neurological assessments. Biden’s doctor confirmed that he is in good health, active, …

Tornadoes wreak havoc in Chicago area: Reports of multiple touchdowns and storm damage

Chicago, Illinois – The Chicago area was hit by severe storms yesterday, with reports of tornadoes touching down and causing significant damage. The storms led to multiple tornado touchdowns in various suburbs, including Sugar Grove and Aurora. Residents were left to deal with the aftermath of the destructive weather, with many buildings suffering damage, including an apartment building in Mundelein that was badly damaged. In addition to the tornado touchdowns, the storms also brought golf …

Social Security Cost-of-Living Adjustment Hits $59 per Month for 2024, AARP Reports

WASHINGTON, D.C. – Social Security beneficiaries received a 3.2 percent cost-of-living adjustment in January 2024, resulting in an average increase of about $59 per month per beneficiary, according to AARP. With approximately 71 million Americans collecting Social Security, including pension payments and Supplemental Security Income recipients, the total monthly increase amounts to about $4.2 billion. Over the course of a year, this adds up to $50 billion. In comparison, the previous year saw an 8.7 …