: Bad news for Democrats ahead of the midterm elections: Voters worry about a recession and declining living standards

As the midterm elections near, many Americans do not have financial peace of mind. It’s two weeks until the Nov. 8 midterm elections. The chances of the Republican Party taking back the House of Representatives and the Senate appear to be strengthening. Recession worries continue to cloud the horizon as the Federal Reserve raises interest […]

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TaxWatch: In the midterm elections, voters in California and Massachusetts must decide if millionaires should pay more tax — which way would you vote?

In the run up to the midterm elections where costs are top of mind for many people, voters in Massachusetts and California are being asked to decide if millionaires in their states should taxed more to help pay for large-scale public goals like improved infrastructure and widespread electric vehicle purchases. A ‘yes’ vote in Massachusetts’ […]

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Next Avenue: So long, senior centers and nursing homes. Older adults don’t want to spend their time in places where they are seen as victims in decline.

This article is reprinted by permission from NextAvenue.org. At 104 years old, Sally has more stories than you can imagine. As a young woman during World War II, she was the embodiment of Rosie the Riveter, working in New York City’s defense factories. She went on to break barriers as one of the first women recognized […]

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Paul Brandus: ‘Our democracy is not going to survive’ if U.S. politicians keep failing to call out obvious lies, says former Defense Secretary Leon Panetta

Only three people have ever been both secretary of defense and director of the Central Intelligence Agency. Leon Panetta, who for good measure was also an eight-term congressman and White House chief of staff, is one of them. I spent half an hour with him recently to get his views on Russian President Vladimir Putin […]

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The Moneyist: ‘When we dated for 5 years, he implied he was financially secure’: My husband was always hesitant about his finances. Now I know why.

Dear Quentin, My husband and I make about the same salary, and live modestly. Six months after we married, I found out my husband’s net worth is virtually zero. He owes more money than he has assets (approximately $ 40,000). My net worth is over $ 500,000.  I only found out about his situation because […]

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TaxWatch: IRS has been missing out on $500 billion in taxes owed annually — and the gap between what’s owed and paid is projected to widen

There’s a difference between the amount of taxes that people and businesses owe the Internal Revenue Service and the amount they actually pay. From 2014 to 2016, that multibillion-dollar gap widened, and the divide will likely get even wider later in the decade, the IRS said Friday. For each of those years, taxpayers failed to […]

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