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US workers estimate they need $1.8M to retire: survey

Published Mon, 23 Dec 2024 18:36:58 GMT

(The Hill) -- Workers in the United States believe they will need to save around $1.8 million for retirement, as inflation continues to fuel anxieties over savings, according to a survey from Charles Schwab. This estimate is up from last year’s $1.7 million, with 37 percent of respondents stating they think it’s very likely they will reach this number, down 10 percentage points from last year, according to the survey.The survey of 401(k) participants found 62 percent of workers think of inflation as a challenge to saving for a “comfortable retirement,” up from last year’s 45 percent, while 42 percent said stock market volatility is an obstacle, compared to last year's 33 percent. Around 78 percent said both inflation and stock market volatility are influencing their spending and saving habits, while 36 percent said they plan to delay retirement in light of these conditions. Having a 401(k) plan is becoming a requirement for potential employees; 88 percent said it is a “must-have ben...

New Frontier Airlines policy requires you to drop off bags sooner

Published Mon, 23 Dec 2024 18:36:58 GMT

(WKBN) – A new Frontier policy could cause a time crunch for some passengers. Beginning Aug. 16, the airline's ticket counters will close to passengers for check-in and bag drop 60 minutes before flight departures. Previously, that time was 45 minutes. That means if you plan to check your bags at the counter, you will have to do it 15 minutes sooner. "We continue to be committed to getting you and your bags to your destination without interruption," the company wrote about the new policy on its X (formerly Twitter) feed. United Airlines pilot has license suspended after turning up drunk to work The reaction from passengers was mixed, with some saying they believe the move is designed to get more passengers to use the app. "I think you guys are trying to make people use the app to check in which is fine. But what about people who get free check[ed] bags like military?" asked one user. "They have to go to the agents counter[,] so will you make it easier for them to check in with th...

DeSantis: Florida history standards 'not shilling for slavery'

Published Mon, 23 Dec 2024 18:36:58 GMT

Florida Gov. Ron DeSantis (R) on Wednesday further dug his heels into his defense of his state’s slavery curriculum and sharply rebuked what he described as “bad faith” criticism against him.“Well, first of all, those are criticisms in bad faith, Harris, because, as you suggest, there's hundreds of pages of painstaking detail,” DeSantis told Fox News host Harris Faulkner. “This was done by Black history scholars, most of whom were Black themselves. They are not shilling for slavery. They are showing the injustice of slavery.”DeSantis, who's running for president in 2024, then defended the particular line in the curriculum that has drawn significant pushback. The line tells teachers to instruct students on “how slaves developed skills which, in some instances, could be applied for their personal benefit."DeSantis continued, “But that particular passage wasn't saying that slavery was a benefit. It was saying there was resourcefulness, and people acquired skills in spite of slavery, no...

Trump to make first court appearance Thursday afternoon in Jan. 6 case

Published Mon, 23 Dec 2024 18:36:58 GMT

Former President Trump is scheduled to make his first court appearance Thursday afternoon after being indicted on federal charges related to the transfer of power after the 2020 election.His appearance is slated for 4 p.m. before U.S. Magistrate Judge Moxila Upadhyaya at the E. Barrett Prettyman Courthouse in Washington, D.C.A spokesperson for special counsel Jack Smith said it was the office’s understanding that the appearance will be in person but that it was ultimately up to the court. A Trump attorney during a CNN appearance similarly indicated it was the court’s decision.“That’s up to the court. The court makes those decisions. So, we’re prepared to follow whatever the court rules are. The judge issued a summons, and he will appear either virtually or in person,” Trump attorney John Lauro told CNN after the indictment was filed.A court spokesperson did not return a request for comment.Prosecutors unveiled a four-count indictment against Trump Tuesday evening, charging him with ...

Canada PM Trudeau and wife Sophie announce separation

Published Mon, 23 Dec 2024 18:36:58 GMT

(The Hill) -- Canadian Prime Minister Justin Trudeau and his wife, Sophie, are going their separate ways.The pair announced their separation on social media Wednesday.“Sophie and I would like to share the fact that after many meaningful and difficult conversations, we have made the decision to separate,” Trudeau, 51, said.“As always, we remain a close family with deep love and respect for each other and for everything we have built and continue to build,” Trudeau said in an Instagram post. Celebs donate millions to SAG-AFTRA emergency fund amid strike Sophie Grégoire Trudeau, met her future husband as a kid — she was the childhood friend and classmate of Trudeau’s younger brother. She reconnected with Trudeau years later at a charity fundraiser.The TV host, who shares three children with the prime minister, joined her husband in requesting privacy during the separation.The Trudeaus were married in 2005.

Durbin fires back at Alito over SCOTUS ethics: 'Not the 101st member' of the Senate

Published Mon, 23 Dec 2024 18:36:58 GMT

Senate Judiciary Committee Chairman Dick Durbin (D-Ill.) on Wednesday criticized Justice Samuel Alito’s claim that Congress has no authority to regulate the Supreme Court, calling his comments “unwise and unwelcome” as Senate Democrats push an ethics reform package for justices. Durbin fired back at the third longest-tenured member of the court over his recent remarks to The Wall Street Journal’s opinion page, saying in a statement that Alito “is not the 101st member” of the Senate. The No. 2-ranked Senate Democrat also noted the Court has “resisted efforts” to work on an ethics reform, pointing to Chief Justice John Roberts’s decision to decline an appearance before the panel to discuss the ethics of justices. “Now, Justice Alito is providing speculative public commentary on a bill that is still going through the legislative process. Let’s be clear: Justice Alito is not the 101st member of the United States Senate,” Durbin said. “His intervention in Article I activity is ...

Climate change made July hotter for 4 of 5 humans on Earth: Scientists

Published Mon, 23 Dec 2024 18:36:58 GMT

Human-caused global warming made July hotter for four out of five people on Earth, with more than 2 billion people feeling climate change-boosted warmth daily, according to a flash study.More than 6.5 billion people, or 81% of the world’s population, sweated through at least one day where climate change had a significant effect on the average daily temperature, according to a new report issued Wednesday by Climate Central, a science nonprofit that has figured a way to calculate how much climate change has affected daily weather.“We really are experiencing climate change just about everywhere,” said Climate Central Vice President for Science Andrew Pershing.A man cools off in a fountain during a hot and sunny day of summer in Madrid, Spain, July 19, 2023. Human-caused global warming made July hotter for four out of five people on Earth, according to a new report issued Wednesday, Aug. 2, 2023, by Climate Central. (AP Photo/Manu Fernandez, File)Researchers loo...

Jury recommends death penalty for Pittsburgh Tree of Life synagogue shooter

Published Mon, 23 Dec 2024 18:36:58 GMT

(The Hill) -- A jury on Wednesday recommended the death penalty for the man who killed 11 worshippers at a Pittsburgh synagogue in the deadliest antisemitic attack in U.S. history. Robert Bowers was convicted in June for carrying out the attack after he opened fire in the Tree of Life synagogue on Oct. 27, 2018, and killed members of three congregations who were at the synagogue for Sabbath worship and study. Two other worshippers and five police officers were also injured. In this combo image made from photos provided by the United States District Court Western District of Pennsylvania are the victims of the Oct. 27, 2018, assault on the Tree of Life synagogue in Pittsburgh.. top row, from left, Joyce Fienberg, Richard Gottfried, Rose Mallinger, Jerry Rabinowitz, Cecil Rosenthal, and David Rosenthal; bottom row, from left, Bernice Simon, Sylvan Simon, Dan Stein, Melvin Wax, and Irving Younger. (United States District Court Western District of Pennsylvania v...

Bond denied for woman accused of DUI crash that killed bride on wedding night

Published Mon, 23 Dec 2024 18:36:58 GMT

CHARLESTON, S.C. (WCBD) – A judge in South Carolina has denied bond for Jamie Komoroski, the woman accused of hitting and killing a new bride during a DUI crash back in April.Komoroski is charged with reckless homicide resulting in death, as well as three counts of felony DUI, after police say she collided with a golf cart carrying newlywed Samantha Miller and three other passengers — including Miller's new husband — on April 28, 2023.Komoroski had asked for a judge to grant her bail after spending months behind bars. During a hearing held Tuesday in Charleston, Judge Michael Nettles ultimately denied the bond.Judge Nettles said, however, that if there is no trial by the spring of 2024, a bond of $150,000 will be set with house arrest requirements. Other various standards will also have to be met, according to the judge. Samantha Miller's family, as well as those of Komoroski, spoke during Tuesday morning's hearing. Komoroski appeared via video call, w...

Federal agents serve WWE's Vince McMahon with subpoena

Published Mon, 23 Dec 2024 18:36:58 GMT

Federal law enforcement agents executed a search warrant and served a federal grand jury subpoena to WWE Executive Chairman Vince McMahon last month, according to a regulatory filing. McMahon is also taking medical leave from the sports entertainment company following recent spinal surgery.WWE said in the filing with the Securities and Exchange Commission that while government investigations into McMahon remain ongoing, no charges have been brought in them.The company said it has received voluntary and compulsory legal demands for documents, including from federal law enforcement and regulatory agencies, concerning the investigation and related subject matters.The Wall Street Journal had reported last year that the WWE was investigating an alleged $3 million payment from McMahon to a departing female employee following a consensual affair. WWE's investigation into the misconduct allegations was completed last year.The announcement of McMahon's surgery was made by CEO Nick ...