Half of single seniors can’t pay for the basics: Why Social Security’s not enough

State of the Nation

Source: MSN Money Retirement is often called the golden years. Many elderly Americans probably wouldn’t describe it that way. Recent research from the Center for Social and Demographic Research on Aging at the University of Massachusetts Boston found that many older Americans don’t have enough money to get by. The report estimates that 50% of …

Continue Reading

The $95 Billion Centerpiece of the Trade Deal Is Already In Doubt

Double Dragon State of the Nation

Source: MSN Money In all, China could make almost $95 billion in additional purchases of American commodities as part of its trade deal with the U.S. The prospect is already drawing skepticism. Most U.S. agricultural markets weakened Wednesday, with traders saying they need to see actual evidence of increases in shipments for prices to make substantial gains. …

Continue Reading

U.S. companies are forcing workers to train their own foreign replacements

New World Order State of the Nation

Source: Axios Opponents of job outsourcing are making a holiday-season appeal to President Trump: Stop U.S. companies from forcing American workers to train the very same cheaper foreign laborers who will soon replace them. Why it matters: Trump promised voters he’d end abuses of worker visa programs and save U.S. jobs — but as he campaigns for re-election, …

Continue Reading

Confidential documents reveal U.S. officials failed to tell the truth about the war in Afghanistan

New World Order State of the Nation

Source: MSN A confidential trove of government documents obtained by The Washington Post reveals that senior U.S. officials failed to tell the truth about the war in Afghanistan throughout the 18-year campaign, making rosy pronouncements they knew to be false and hiding unmistakable evidence the war had become unwinnable. The documents were generated by a …

Continue Reading

House Democrats and the White House have a deal to move forward with USMCA trade agreement

State of the Nation

Source: MSN House Democrats and the Trump administration have reached an agreement to move forward with the White House’s replacement for the North American Free Trade Agreement, top Democrats said Tuesday.  The two sides had worked for more than a year to resolve Democratic concerns about enforcement tools for labor and environmental standards under the …

Continue Reading

Federal judge blocks Trump plan to spend $3.6 billion in military funds on border wall

State of the Nation

Source: MSN A federal judge in El Paso on Tuesday blocked the Trump administration’s plan to pay for border barrier construction with $3.6 billion in military funds, ruling that the administration does not have the authority to divert money appropriated by Congress for a different purpose. The Trump administration was planning to use those funds …

Continue Reading

Three Men Are Charged in $722 Million Cryptocurrency Fraud

State of the Nation

Source: MSN Three men were charged with helping run a $722 million cryptocurrency fraud that amounted to a “high-tech Ponzi scheme,” U.S. Attorney Craig Carpenito in New Jersey said in a statement. Prosecutors said that, from 2014 until this month, the defendants operated BitClub Network, which solicited money from investors in exchange for shares in …

Continue Reading

‘It’s really over’: Corporate pensions head for extinction as nature of retirement plans changes

New World Order State of the Nation

Source: USA Today The practice of companies sending monthly retirement checks to their former workers is headed for extinction, and remaining pension funds are in tough financial shape. Nearly two-thirds of pension funds are considering dropping guaranteed benefits to new workers within the next five years, according to a human resources consulting firm that studied the matter. …

Continue Reading