The best cities to retire in the Midwest offer low cost of living, including housing prices, plus the amenities and cultural activities that make retirement fun. https://t.co/TO3hSA8ZDX ...

In some of New York City’s wealthiest neighborhoods, even high earners are struggling to keep up with ballooning costs. @PaulinaCachero explains https://t.co/juPJkjK3vs https://t.co/yLHIO0YFIC ...

UK households are struggling to save as more of their income is eaten up by the rapidly rising cost of food and other essentials, according to a closely watched survey https://t.co/OeurZBX2Y4 ...

The latest inflation report out this morning is giving a snapshot of the state of the economy in addition to a surprising piece of jobs data. According to the consumer price index for August, the price of goods went up 0.4% month over month, 2.9% year-over-year. Also, the weekly jobless claims jumped to their highest level in four years.Here to break it all down, NBC News senior business correspondent Christine Romans. She joins us again. We also have Investopedia editor and chief Caleb Silver.Good morning ...

So, I want to get right into the nitty-gritty here with our chief data analyst, Steve Cornaki. Steve, thanks so much for being here. Sure.Happy to do it, Morgan. So, Steve, I want to dive into this poll. What exactly did you learn.Yeah, I mean, look, we we checked um his approval rating at 43% in this poll, and I guess there's a couple ways of looking at that, right. I mean, historically speaking, if you're a president, you don't really want to be in the low 40s. It's not a great number historically speakin ...

Group 1 - The $4 million net worth milestone is rare in percentage terms, with fewer than 1 in 20 families achieving it, yet approximately 6 million households in the U.S. meet this threshold, representing about 4.8% of all households [4][8] - The Federal Reserve's Survey of Consumer Finances is the primary dataset used to measure household wealth in America, providing essential insights into the distribution of wealth among families [2] - Wealth perception varies significantly based on location and debt levels; for instance, $4 million in rural Iowa has different purchasing power compared to urban areas like San Francisco or New York [5][6] Group 2 - Achieving a net worth of $4 million places households in the upper tier of American wealth, significantly above the median net worth of around $192,000, indicating successful financial strategies over decades [7] - Contextual factors such as cost of living and personal debt play a crucial role in how wealth is perceived, affecting individuals' feelings of financial security [5][6]

Approval Ratings - Trump's job approval rating stands at 43% among all adults [1] - Approval for Trump's handling of inflation and the cost of living is at 39% [2] - Trump's job approval on border security and immigration is 47%, while deportations receive 43% approval [3] Political Landscape - The Democratic Party is currently more unpopular than the Republican Party, a shift from Trump's first term [4][5]

Retirement Planning - The report ranks the best places to retire in the U S with a high quality of life and a low cost of living [1] - The report focuses on affordable places to retire [1]

Economic Indicators & Analysis - Job creation has stalled after four plus years of strong growth, transitioning to a "no hire, no fire" situation [1][2] - Uncertainty surrounding tariffs in May and June contributed to the slowdown in job creation [2] - The Federal Reserve (Fed) is likely to cut interest rates due to the softening job market, although inflation data remains a key factor [5] - The economy may be heading towards a period of rising unemployment and rising inflation [27] Labor Market Disparities - Job losses are not uniform across the board, with white men and black women experiencing employment declines since the beginning of the year [7] - Manufacturing has lost jobs since January, contradicting the argument that tariffs would bring manufacturing back to America [8][9] - Government job losses are largely driven by federal government cuts [9] Trade & Tariff Policy - Incompetent and incoherent tariffs are detrimental to the economy, particularly tariffs on inputs like steel and aluminum [12][13] - Steel tariffs implemented in the previous administration led to the loss of approximately 1,000 jobs [10][11] Inflation & Cost of Living - The cost of living remains a primary concern for American families, outweighing the job situation [19] - Over the past five years, food prices have increased by 26%, auto insurance prices by 30-40%, and housing costs by 50% [19][20] - Inflation remains higher than the Fed's target, creating a dilemma between addressing inflation and stimulating the job market [20] Political Implications - The economy matters politically, especially how people feel about their jobs [15] - Frustrations related to high prices and the perceived lack of economic improvement are influencing voters, particularly swing voters who previously supported Biden and then switched back to Trump [24][25]

Property taxes are on the rise in many parts of the United States. They're up 23% nationwide from 2019 to 2023. It's a huge issue in areas with high real estate values, particularly those near major cities.This was not just the big bad blue states like New York and California and New Jersey states like Florida. States like Texas will realize this applies to them, too. Congress's new tax and spending bill tackles this problem head on an increased deduction for state and local taxes.The tax break is expected ...