Strategy Archives - DR News - News, Retirement, Finance

Menendez Defense Strategy Points to Wife’s Role in Bribery Case

New Jersey Senator Bob Menendez is entangled in a legal battle as court documents reveal a defense strategy that may involve casting blame on his wife, Nadine Menendez. The unsealed passages suggest that Senator Menendez’s lawyers plan to demonstrate that his wife withheld crucial information from him, potentially leading him to believe that no illegal activities were taking place. This revelation has come to light as the senator faces federal bribery charges. The decision to …

Judge’s Response to Obstruction Allegations in Trump Case to Shape Defense Strategy

From Miami, Florida – A major hearing is set to take place on Friday in the United States District Court for the Southern District of Florida involving former President Donald Trump and allegations of obstruction of justice. The case, overseen by US District Court Judge Aileen Cannon, revolves around Special Counsel Jack Smith’s claims that Trump’s close aides interfered with the Justice Department’s investigation into mishandling of classified documents at Mar-a-Lago. During the hearing, Judge …

Pension Funds Advised to Oppose Woodside Energy Group’s Climate Strategy

Sydney, Australia – Some of Australia’s largest pension funds are being advised to push back against Woodside Energy Group Ltd.’s climate strategy, raising concerns about the energy producer’s approach to emissions. The Australian Council of Superannuation Investors, representing funds managing about A$1.9 trillion ($1.2 trillion), has cautioned its members that Woodside’s plans are not sufficiently developed, as reported in a document obtained by sources. The move by the Australian Council of Superannuation Investors could potentially …

Message Shifting to States: The Battle Over Abortion Policy Reshapes Republican Strategy

Phoenix, Arizona – Republicans are struggling to find a winning message on abortion as the political landscape shifts following the resurrection of an 1864 law that nearly bans all abortions. Former President Donald Trump’s attempt to deflect the issue by leaving it to the states backfired when Arizona enacted strict abortion regulations, catching many in the party off guard. Republican consultant Stan Barnes expressed surprise at the fallout from the decision, highlighting the challenge facing …

Retirement Savings Strategy: Start Investing Early to Reach $1.5 Million Goal

Hoboken, New Jersey – As retirement savings seem increasingly out of reach for many Americans, market analyst and CPA Dan Geltrude emphasizes the importance of early investments and portfolio diversification to secure a comfortable future. According to a survey by Northwestern Mutual, retiring comfortably may require nearly $1.5 million, leaving many individuals questioning if their retirement dreams are achievable. Geltrude stresses the significance of starting to invest early, stating that compounding time plays a crucial …

Ex-Spouse Social Security Strategy with Multiple Marriages: Maximizing Benefits for the Future

Des Moines, Iowa – When navigating complex matters involving multiple ex-spouses from marriages lasting over a decade, the implications on Social Security benefits can be intricate. In a case study drawn from the 2024 Social Security & Medicare Facts publication, a scenario unfolds where a woman, named Sherry, finds herself in such a situation. Sherry, lacking the required work credits for Social Security benefits based on her own record, had marriages lasting over ten years …

Wealth Management Gold Rush: Banks Take Risky Plunge into Market Strategy

New York, NY – Banks are increasingly diving into the risky world of wealth management, in a gold rush to attract high-net-worth clients. With historically low interest rates squeezing profits, banks are turning to wealth management as a lucrative opportunity to grow their revenue streams. However, this move comes with its own set of challenges and risks that financial institutions must navigate. Wealth management involves offering personalized investment advice and financial planning services to individuals …

Retirement Strategy: Suze Orman Advises Waiting to Maximize Social Security Benefits

New York, NY – Suze Orman, a renowned finance expert, emphasizes the importance of making strategic decisions about when to begin receiving Social Security benefits as a key aspect of retirement planning. According to Orman, the choice of when to claim these benefits has significant implications for one’s financial well-being in the long term. Orman advises prospective retirees to consider delaying the receipt of Social Security benefits in order to maximize their monthly payments. By …

Healthcare Takeover: Biden’s Bold Strategy Sets Him Apart from Predecessors Obama and Clinton

New York City, NY – President Joe Biden, along with former Democratic Presidents Bill Clinton and Barack Obama, gathered at a fundraiser to emphasize the importance of expanding healthcare access. Unlike his predecessors, Biden sees healthcare as an area where he can take a more aggressive stance against the GOP and President Donald Trump. Recent polls indicate that voters trust Biden more than Trump when it comes to handling healthcare, particularly due to Trump’s pledge …

Social Security Strategy for Working Divorcee: Maximize Benefits by Waiting

Atlanta, Georgia – A recent question posed to retirement expert Rusty concerns a working divorcee who just turned 65 and is wondering if she can start collecting Social Security while working full time. The individual, who was divorced after a 38-year marriage, is also curious about potentially collecting her ex-husband’s higher benefit amount. The complexities of Social Security benefits for divorced individuals can be confusing, but Rusty provides clarity on navigating the system. One important …