The Brazilian real has plummeted to its lowest level against the U.S. dollar since its introduction in 1994, marking a significant shift in the global investment landscape. Over the past year, the real has depreciated by approximately 20%, driven by escalating concerns over Brazil’s economic stability. With government spending on the rise and the budget deficit nearing 10% of GDP, investor confidence in Brazil has eroded, leading many to seek safer and more lucrative opportunities abroad.

In a significant legislative move, Congress has passed the Social Security Fairness Act, aiming to enhance benefits for millions of public-sector retirees. This development comes as lawmakers race against the clock to prevent a government shutdown at midnight.

The Federal Reserve announced a 0.25 percentage point reduction in its benchmark interest rate on Wednesday, setting the new target range between 4.25% and 4.5%. This marks the third consecutive rate cut in 2024 as the central bank intensifies its fight against stubborn inflation while balancing economic growth.

Social Security's full retirement age will increase in 2025: Here's what to know. While many Americans associate the standard retirement age with 65, the official "full retirement age" (FRA) for Social Security has already surpassed that and is set to rise even further in 2025.

The collapse of a currency impacts every aspect of life, from skyrocketing prices for essentials to destabilizing institutions. In the worst scenarios, civil unrest and violence erupt as people struggle for basic survival. While the U.S. has endured severe inflation, it has never experienced hyperinflation. However, dismissing the possibility would be unwise, given the experiences of immigrants and expatriates who fled from countries where money lost all value.

As the baby boomer generation enters retirement, many are encountering an unexpected and formidable challenge: securing affordable housing. Rising property values, escalating rents, and limited availability of senior-friendly accommodations are straining the financial resources of retirees across the United States.

As the U.S. population ages, traditional notions of work and retirement are undergoing significant transformations. Advancements in healthcare have extended life expectancies, with today's 20-year-olds projected to live to 100 and 10-year-olds to 103. This longevity presents both opportunities and challenges, necessitating a reevaluation of retirement planning and workforce participation.

A recent AARP survey reveals that approximately 25% of U.S. adults aged 50 and older who are not yet retired anticipate never retiring, highlighting significant financial insecurity among older Americans. The study also indicates that 70% of this demographic are concerned about prices rising faster than their income, underscoring the economic challenges they face.