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Don't make these 401(k) mistakes as stocks slide and inflation soars

It's an anxious time to be saving for retirement, with the double-whammy of inflation and a volatile market taking a toll on people's 401(k) balances. Investors now see inflation — at its hottest level in 40 years — as the primary obstacle to a comfortable retirement, Charles Schwab found in a new survey of 401(k) plan members. The rising cost of living event topped stock market volatility as the main hurdle to retirement, the study found.
BUSINESS
POLITICO

After a ‘near death’ experience, Amtrak prepares for rapid growth

Two years ago, Amtrak was facing a “near-death” experience, Stephen Gardner, CEO of the national passenger rail service, said at a briefing last week with the Association for a Better New York. Both business and travel leisure rapidly grinded to a halt, causing ticket sales to drop 97 percent in a matter of weeks.
INDUSTRY
michiganchronicle.com

Duggan, Lawmakers Announce $15M Home Repair Program Efforts, Bolster Renew Detroit

Mayor Mike Duggan backs a low-income housing program for seniors and residents with disabilities received an additional $15 million this year through ARPA funds. At a press conference Detroit Mayor Mike Duggan delivered some good news, especially to homeowners in the city of Detroit. Recently, Duggan announced that Renew Detroit...
DETROIT, MI
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Vox

What could the Inflation Reduction Act mean for you?

The Senate on Sunday passed the Inflation Reduction Act — a bill meant to provide key funding for clean energy investments and measures to reduce prescription drug costs, after an hours-long vote-a-rama. The marathon session that started Saturday continued into Sunday afternoon, with senators voting on a number of...
CONGRESS & COURTS
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KTAR.com

Senate approves Biden’s sweeping Inflation Reduction Act

PHOENIX — The Senate on Sunday passed the Inflation Reduction Act, which aims to combat inflation, fight climate change, lower health-care costs and raise taxes on corporations. The estimated $740 billion package was voted for along party lines with Vice President Kamala Harris breaking the 50-50 tie. The House...
ARIZONA STATE
thevillagesun.com

Seeking justice for Jesse and Nikki after tragic double homicide

BY THE VILLAGE SUN | It was nearly three months ago that young East Side friends Jesse Parrilla and Nikki Huang, both 22, were brutally murdered by gang members in a horiffic crime that shocked the city. Police have not made any arrests in the case yet. Meanwhile, posters by...
NEW YORK CITY, NY

Digital Nomads: See Why Mexicans Are Fed Up With Them

With a vibrant nightlife, impressive gastronomy, rich culture and relaxed visa rules, Mexico City has been attracting an influx of digital nomads and tourists, mainly from the United States and Canada. Permanent residency applications in Mexico have doubled during the pandemic. According to the website Nomad List, Mexico City is the world’s fifth fastest-growing remote work hub.
TRAVEL
nhbr.com

Even with a voucher, people experiencing homelessness struggle to find rentals

After Renee Johnson received a housing voucher, she thought it would make finding an apartment easier. She waited three years for a complex packet that details a series of rules, income brackets, and rental prices. She quickly learned the rental market – with a vacancy rate below 1 percent – has so few options that finding an affordable apartment is nearly impossible.
CONCORD, NH