Olivia Mitchell, a professor of business economics and public policy at Wharton, has warned her millennial children, now in their 30s, to lower their expectations about the Social Security checks they’ll receive when they retire. “They’re going to have to work longer,” Mitchell said. “They’re going to have to save …
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Billionaire financier Thomas H. Lee, a pioneer of private equity investing, died on Thursday at age 78, his family said in a statement. Lee died by suicide, New York City’s Office of Chief Medical Examiner said Friday in an email to CBS MoneyWatch. Lee, whose fortune was pegged at $2 …
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An 18-year-old man has been arrested and charged in the death of a Temple University police officer who was shot near campus Saturday night, officials said. The Philadelphia District Attorney’s office said Sunday the suspect, Miles Pfeffer, was arrested shortly after 7 a.m. Sunday at the Buckingham Township home where …
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Rebel Wilson and her girlfriend Ramona Agruma are engaged, the actress announced Sunday. Wilson posted photos on Instagram showing the couple in front of Sleeping Beauty Castle at Disneyland and wrote, “We said YES!” When the duo went public in June of last year, Wilson said, “I thought I was …
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Lawsuits against Norfolk Southern are piling up nearly two weeks after a train derailed in eastern Ohio, releasing toxic chemicals and forcing thousands of locals to evacuate. On Wednesday, the plaintiffs’ law firm Morgan & Morgan filed a class-action suit in federal court in Ohio on behalf of two women …
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A wanted murder suspect is at large in New Mexico, authorities announced this week. Joe Anderson, 41, was arrested and charged with first-degree murder last year, the Bernalillo County District Attorney’s Office said in a news release published on Wednesday. One day earlier, Anderson had cut off his ankle monitor …
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Chick-fil-A is jumping on the plant-based bandwagon. The Atlanta chain said Thursday that it’s testing its first plant-based entrée — a breaded cauliflower sandwich — at restaurants in Denver; Charleston, South Carolina; and the Greensboro, North Carolina, area. The test begins Feb. 13. “Cauliflower is the hero of our new …
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New York — A former gynecologist convicted of sexually abusing patients was ordered to spend the next two months in jail as he awaits sentencing, a federal judge in New York City ruled Wednesday. After hearing statements from some of the victims during the bail hearing, U.S. District Court Judge …
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Conagra Brands has recalled almost 2.6 million pounds of canned meat and poultry products because of a packaging defect that may have caused the food to get contaminated, the U.S. Department of Agriculture says. The meat and poultry products recalled were produced between Dec. 12, 2022, and Jan. 13, 2023, …
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Washington — President Biden and House Speaker Kevin McCarthy met Wednesday afternoon at the White House amid a looming showdown over raising the debt ceiling, their first meeting alone since Republicans took control of the House and McCarthy claimed the speaker’s gavel. Their conversation took place as tensions between the …
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