Tuesday, April 7, 2026

Overwhelming Majority Oppose Social Security and Medicare Cuts to Reduce Deficit

Wed, 26 May 2021  |  retirement 

An AARP survey finds that 85% of Americans age 50+ oppose cutting Social Security and Medicare to reduce the federal budget deficit. The poll shows overwhelming opposition from both Republicans (88%) and Democrats (87%) on cutting Social Security benefits to pay down the deficit. Similarly high proportions of Republicans (86%) and Democrats (87%) strongly oppose cuts to Medicare.

"Older Americans overwhelmingly oppose cutting Social Security and Medicare to reduce the deficit. Proposals like the TRUST Act would give a handful of lawmakers the power to propose cuts behind close... Read More

Americans Trust Car Travel More This Summer

Mon, 24 May 2021  |  travel 

With the summer travel season starting this week, a new survey conducted by Bridgestone Americas (Bridgestone) reveals more than half of Americans plan to travel only by car this summer to reach their vacation destinations. Nearly four in five respondents said they feel safer in a car than on a plane, and nearly one-third said they plan to travel more than 500 miles by car this summer.

While restrictions and guidance concerning travel, outdoor activities and public gatherings have begun to ease, just 13% said they will visit crowded destinations such as amusement p... Read More

Boomers Want Peace Of Mind

Mon, 24 May 2021  |  demographics wealth 

According to a new report from Boston Private examines how perceptions of wealth differ by generation, and how those perceptions shifted during the Covid-19 pandemic. The “Why of Wealth” survey found that there are significant differences in the ways individuals across age groups understand and define wealth:

Millennials define wealth as: Happiness, success, and power and influence, while Generation X defines wealth as: Success, happiness, and health. Baby Boomers and the Silent Generation define wealth as: Peace of mind, financial capital, security, and independence. Read More

The Conference Board Leading Economic Index® (LEI) for the U.S. Increased in April

Thu, 20 May 2021  |  economy 

The Conference Board Leading Economic Index® (LEI) for the U.S. increased by 1.6 percent in April to 113.3 (2016 = 100), following a 1.3 percent increase in March and a 0.1 percent decline in February.

"With April's large monthly gain to start the second quarter, the U.S. LEI has now recovered fully from its COVID-19 contraction—surpassing the index's previous peak, reached at the very onset of the global pandemic in January 2020," said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board. "While employment and production have not recovered to their... Read More

Pandemic Takes Heavy Toll On Working Women

Wed, 19 May 2021  |  pandemic demographics 

Heightened workloads and household responsibilities during the COVID-19 pandemic are driving deep dissatisfaction among many women in the workforce, according to a new Deloitte Global report, "Women @ Work: A global outlook,". The report finds that these increased responsibilities are having devastating effects on working women as 51% of those surveyed are less optimistic about their career prospects today. Additionally, women surveyed reported a 35-point drop in mental health and a 29-point drop in motivation at work compared to before the pandemic.

Representing the view... Read More

Investor Home Purchases Rise for First Time in a Year

Wed, 19 May 2021  |  real estate 

U.S. home purchases by investors rose 2.7% year over year in the first quarter, marking the first period of growth since the coronavirus pandemic began, according to a new report from Redfin. That follows three consecutive quarters of declines, during which investor purchases slumped by as much as 45.5%.

Redfin defines an investor as any institution or business that purchases residential real estate.

Investors bought about 1 of every 7 U.S. homes (14.9%) in the first quarter—a rebound from the prior three quarters, during which they bought closer to 1 in 10 homes. Investo... Read More