Times Archives - DR News - News, Retirement, Finance

Pensions: Retired Teacher’s Payments Halted 4 Times After Being Mistaken for Deceased

London, United Kingdom – A retired teacher, Eileen McGrath, 85, has faced the distressing ordeal of having her pension payments halted four times because her pension provider repeatedly refused to accept that she is alive. Her pension provider, Teachers’ Pensions, which administers payments on behalf of the UK government, wrongly matched her with a deceased stranger, leaving her without income over Christmas. McGrath expressed her frustration, stating that she had received letters asking if she …

Eclipse 2024: Best Viewing Times and Locations in Illinois Revealed

Chicago, Illinois – The excitement is palpable as the United States gears up for Monday’s solar eclipse. Many eager eclipse-watchers are scrambling to secure prime viewing locations and determine the optimal time to witness this rare celestial phenomenon. Southern Illinois is fortunate to have several communities in the path of totality, where the sun will be completely obscured by the moon for a brief period. Even in Chicago and its surrounding suburbs, where only a …

Private Equity Firms Profit from Health Care Cost Debate, Playing Both Sides – The New York Times

In New York City, a heated battle is underway over the rising costs of healthcare. Private equity firms are playing a significant role in the debate, as they invest in a wide range of healthcare businesses, from providers to insurance companies. These private equity firms often find themselves on both sides of the issue. On one hand, they aim to maximize profits for their investors by cutting costs and increasing efficiency in healthcare operations. On …

Larry David’s Hilarious “Curb Your Enthusiasm” Book of Manners from the New York Times

Los Angeles, CA – Larry David, the creator of the hit TV show “Curb Your Enthusiasm,” drew inspiration for the series from his book of manners that he developed over the years. Each episode of the show is filled with awkward encounters and social pitfalls, mirroring David’s own experiences navigating social norms and etiquette in everyday life. David’s unique approach to comedy has resonated with audiences around the world, as his character on the show …

Abortion Travel Policy Used 12 Times by Military Service Members Since June, Pentagon Confirms

Washington, D.C. – The Pentagon has confirmed that its year-old policy of covering travel expenses for service members seeking reproductive health care not provided by the military – including abortions – was utilized 12 times from June through December. Spokesperson Sabrina Singh disclosed that the department spent $44,791 on transportation, lodging, and meals for these 12 round trips from a service member’s home station to the location of their health care. While it remains unclear …

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 …

Retirement Planning: The Key to Tax Diversification in Uncertain Times

Minneapolis, MN – As the tax deadline of April 15 approaches, many individuals are contemplating the best strategies for retirement savings, considering the uncertainties that come with planning for the future. One major consideration is the concept of tax diversification, a smart strategy to include in retirement planning. With traditional retirement accounts like IRAs and 401(k)s, contributions are made with pre-tax dollars, and taxes are paid upon withdrawal in retirement. On the other hand, Roth …

Medicare Misconceptions: Toni Believes Coverage Includes Long-Term Care – Cullman Times Online Story

Cullman, Alabama – Many individuals mistakenly believe that Medicare covers long-term care expenses; however, this is not typically the case. The confusion surrounding Medicare coverage for long-term care often leaves individuals ill-prepared for the financial burden that comes with aging or disabling conditions requiring extended care services. Long-term care can encompass a range of services, including personal care assistance, help with daily activities, and nursing care. These services are usually not covered by Medicare, leading …

US Reduction in Trade Settlement Times on May 27 Impacting Asia-Pacific Firms’ Preparedness and Trade Allocations

Hong Kong, China – As the U.S. prepares to reduce its trade settlement times from T+2 to T+1, many asset managers in the Asia Pacific region find themselves unprepared for the upcoming change, according to industry experts. The shift in settlement times is expected to impact firms invested in US equities, ADRs, and bonds, as well as mutual funds and exchange traded funds with exposure to US securities. Gerard Walsh, global head of capital markets …