United States

Americans can expect to pay a lot more for medical care in retirement

Lisafx | istock | Getty Images A 65-year-old couple retiring this year can expect to spend an average of $315,000 in health-care and medical expenses in their retirement, according to a new estimate by Fidelity Investments. That’s 5% higher than last year’s estimate. While much of the increase this year came from higher Medicare Part …

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Abortion rights supporters rally for ‘Ban Off Our Bodies’ march across US

Thousands of abortion rights supporters rallied across the United States on Saturday, angered by the prospect that the Supreme Court may soon overturn the landmark Roe v. Wade decision that legalized abortion nationwide a half century ago. The protests kicked off what organizers predict will be a “summer of rage” ignited by the May 2 …

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Sharp Rise in Home Prices, Mortgage Rates Driving Working Americans out of the Market

The dramatic rise in home prices and mortgage rates in the early months of 2022 has had a relatively limited effect on wealthy buyers and sellers, but has had a severe impact on lower-income Americans—and the Democratic Party may pay a steep price for their frustrations in the November midterm elections and beyond , according …

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Stocks week ahead: How resilient is the US consumer?

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN Business — Worries about an economic slowdown are running wild on Wall Street. Despite concerns about inflationhigher interest rates from the Federal Reserve, supply chain issues and geopolitical turmoil …

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California is in a water crisis, yet usage is way up. Officials are focusing on the wrong things, advocates say

CNN — California is facing a crisis. Not only are its reservoirs already at critically low levels due to unrelenting drought, residents and businesses across the state are also using more water now than they have in seven years, despite Gov. Gavin Newsom’s efforts to encourage just the opposite. Newsom has pleaded with residents and …

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US pilot shortage forces airlines to cut flights, scramble for solutions

Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images The United States is facing its worst pilot shortage in recent memory, forcing airlines to cut flights just as travelers are returning after more than two years of the Covid-19 pandemic. The crisis …

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US pilot shortage forces airlines to cut flights, scramble for solutions

Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images The United States is facing its worst pilot shortage in recent memory, forcing airlines to cut flights just as travelers are returning after more than two years of the Covid-19 pandemic. The crisis …

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How Amazon, American Airlines and Subaru burn waste to make energy

In northern California’s Stanislaus County, next to a landfill, there’s a company managing waste in a very different way: by burning trash instead of burying it. The energy recovery facility run by New Jersey-based Covanta harnesses steam to make enough electricity to power 18,000 homes in the area. A portion of the waste comes from …

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DeSantis taps Cord Byrd, self-described ‘Florida gun lawyer,’ to oversee elections

CNN — Florida Gov. Ron DeSantis has put in charge of the state’s election systems a deeply conservative state lawmaker who has championed legislation to ban so-called sanctuary cities and calls himself the “Florida gun lawyer.” DeSantis announced on Friday the appointment of state Rep. Cord Byrd as the next secretary of state, a day …

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