Over 30 million “peak boomers” are entering retirement financially unprepared.The economy could take a hit, with industries like manufacturing and education needing to replace boomer workers.Those new retirees will likely be disproportionately leaning on Social Security to stay afloat. The youngest baby boomers are about…

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By Howard Schneider and Pete Schroeder WASHINGTON (Reuters) -Persistent inflation and higher-for-longer interest rates were cited as key risks to financial stability in the Federal Reserve’s latest survey of U.S. central bank contacts, with geopolitical troubles and the 2024 U.S. presidential election also mentioned as “a potentially significant source of…

The Human Rights Foundation has announced that computer scientist and privacy advocate Hal Finney, who played a role in getting Bitcoin going 15 years ago, will posthumously be the first recipient of an award named in his honor. This roundup is part of CoinDesk’s “Future of Bitcoin” package. Fran Finney,…

Kanzuri is a traditional fermented chile paste that is exclusively produced in Myoko in Japan’s Niigata Prefecture by the Tojo family. Before the family started selling the condiment in 1966, it was only made in small batches for household use. Today, a six-year-aged 2.5-ounce bottle sells for almost $20.

POLITICS

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Senate Majority Leader Chuck Schumer on Friday said “disagreements remain” between Democrats and Republicans as they seek an amendment agreement that would allow them to renew a key intelligence community surveillance tool before it goes dark at the end of the day. There is broad support in the Senate for Section 702 of the Foreign Intelligence Surveillance Act, and it will eventually be approved. But it has fierce critics in both parties who have privacy and other concerns and they have the ability procedurally to drag out final passage of the bill into the weekend if an agreement is not reached. “We’re…

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Democrats are building a significant financial edge in the battle for the US House of Representatives, outraising their GOP counterparts and placing big fall ad reservations as Republicans grapple with…

Woman in Trump jury pool breaks down in tears Another prospective alternate juror in former President Donald Trump’s hush money trial is excused after saying she couldn’t serve and starting…

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