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More and more Americans are being given the option to retire early due to the economic setbacks of the coronavirus pandemic, FOX Business’ Gerri Willis told “FOX News Rundown.” “This is fascinating. These numbers are sky-high,” she said on the daily podcast. “We didn't really understand the number of people that were being offered early retirement. And it's still not entirely clear. But what is clear is that there is a greater proportion of people going into retirement than we thought.” Willis said younger Americans in their 40s and 50s are being offered early retirement since so many industries like...

Sometimes, the stuff that people say about early retirement (and early retirees) is terrible. It is assumed that early retirement is the end of productive life and that unless we’re swimming in millions in cold hard cash, early retirement will eat us alive. Today, it is my distinct honor and pleasure to debunk five of the most common of these myths, which also happen to be the ones that I hear most often. As I said in my one-year early retirement performance review, early retirement is all that it’s cracked up to be. It’s a remarkable feeling of control, each...

The alarming Giants season may be going full disaster. Odell Beckham Jr. was carted off the field in the closing minutes of Sunday’s home game against the Chargers, the team’s fourth (and best) wide receiver to be hurt on the day. Beckham went down on a pass that fell incomplete with about 4 minutes left in the game, the Giants up 22-20 at the time. He rose for the catch then came down awkwardly, his leg appearing to get caught under cornerback Casey Howard. Beckham was carted off, tears flowing as the Giants’ 0-4 season could be over already....

When Detroit filed for bankruptcy in 2013, the city’s emergency-financial team said that high levels of retirement debt could prevent them from rescuing the Motor City’s finances. Detroit had been in economic decline for decades, and the pension problem—including billions of dollars in bonuses handed out while the city was hurtling toward insolvency—was just one part of the depressing financial picture. Dallas, by contrast, has been one of the fastest-growing American cities in recent years. Becoming a magnet for investment and opportunity, however, hasn’t protected the Texas city from experiencing its own Detroit-style financial crisis. Dallas’s retirement system for cops...

Berliners have reacted with disbelief after the mayor’s head spokeswoman was placed on a temporary retirement plan of €6,385 per month — and at the ripe old age of 37. […] City officials said on Tuesday that Berlin mayor Michael Müller’s former head spokeswoman Daniela Augenstein had been placed on temporary retirement, just two days after the Berlin election. Because she held a position as state secretary, Augenstein is entitled to be paid her full salary for the next three months, which the Berlin interior department told Spiegel Online would be “around €8,906” per month. …

Kelly said, “You may have heard that there was a dust-up involving yours truly, and presidential contender Donald Trump. Mr. Trump was upset with a question I asked him at the debate last week about his electability, and specifically comments he has made in the past about women, a few words on that. Apparently, Mr. Trump thought the question I asked was unfair, and felt I was attacking him. I felt he was asked a tough, but fair, question. We agreed to disagree. Mr. Trump did interviews over the weekend that attacked me personally, I’ve decided not to respond. Mr....

Network honchos at ABC are scrambling to keep their George Stephanopoulos scandal from becoming a Brian Williams disaster. Insiders at ABC News said higher-ups were blindsided by Stephanopoulos’ hefty undisclosed donations to the Clinton Foundation, saying the contributions may have made damaged goods of their biggest star. “This is a bigger crisis than ABC will admit,” a source told The Post. “George is the centerpiece of their 2016 coverage. By donating to the Clintons, he has blown his credibility in one catastrophic move. “How can he moderate a debate or question a Republican candidate without questions over his impartiality?” Stephanopoulos...

Chancellor Angela Merkel is defending plans to allow some Germans to retire on full pensions at 63 and insisting they won’t stop her advocating painful reforms in other countries. Germany is raising the retirement age gradually to 67 from 65 but the government plans, at the insistence of Merkel’s new center-left coalition partners, to allow people who’ve paid into the pension system for 45 years to retire at 63 without taking a financial hit. …

On Dec. 7, 2009, New York State Police narcotics investigator Richard O’Brien fell off a ladder while fixing his mother’s roof. He lived for only three more hours after the fall — but in that brief time, fellow troopers tried to have him retired on disability. Now, Stephanie O’Brien, his widow, is fighting in court, saying a faulty fax machine and a measly seven minutes mean she and the couple’s daughter would get a $342,000 death payout — rather than lifetime benefits that could total in the millions. The case is the first involving an officer filing for a disability...

Instead of seeing older workers staying on the job longer as the economy has worsened, the Social Security system is reporting a major surge in early retirement claims that could have implications for the financial security of millions of baby boomers. Since the current federal fiscal year began Oct. 1, claims have been running 25% ahead of last year, compared with the 15% increase that had been projected as the post-World War II generation reaches eligibility for early retirement, according to Stephen C. Goss, chief actuary for the Social Security Administration. Many of the additional retirements are probably laid-off workers...

The U.S. Postal Service will be cutting more than 3,000 jobs and offering nearly a quarter of its work force early retirement as part of its efforts to streamline operations amid the worsening economy, the agency said Friday.

RALEIGH, N.C. — L.F. Eason III gave up the only job he'd ever had rather than lower a flag to honor former U.S. Sen. Jesse Helms. Eason, a 29-year veteran of the North Carolina Department of Agriculture, instructed his staff at a small Raleigh lab not to fly the U.S. or North Carolina flags at half mast Monday as called for in a directive to all state agencies by Gov. Mike Easley. When a superior ordered the lab to follow the order, Eason decided to retire rather than pay tribute to Helms. After several hours' delay, one of Eason's employees...

NEW YORK - Even as he scheduled an on-air meeting with radio host Don Imus, the Rev. Al Sharpton said he still wants Imus fired for his racially charged comments about the Rutgers University women's basketball team. Sharpton said Sunday he intends to complain to the Federal Communications Commission about the matter. "Somewhere we must draw the line in what is tolerable in mainstream media," he said. "We cannot keep going through offending us and then apologizing and then acting like it never happened. Somewhere we've got to stop this." Sharpton and MSNBC announced that Imus would appear Monday on...

Calling himself "a good person" who made a bad mistake, radio host Don Imus said Monday he would check his acid tongue after being lambasted for making racially charged comments about the Rutgers University women's basketball team. "Here's what I've learned: that you can't make fun of everybody, because some people don't deserve it," he said on his nationally syndicated radio show Monday morning. "And because the climate on this program has been what it's been for 30 years doesn't mean it's going to be what it's been for the next five years or whatever." Imus said he was "embarrassed"...

MURTHA DOESN’T NEED TO ‘CLARIFY’ – HE NEEDS TO APOLOGIZE (MONONGAHELA, June 28) – Washington County Commissioner and Pennsylvania 12th district Republican Congressional nominee Diana Irey – reacting to U.S. Rep. Jack Murtha’s press release yesterday declaring that he was “quoted out of context” regarding his recent comments stating that the U.S. presence in Iraq is a greater threat to world peace than the nuclear threat posed by North Korea and Iran – today released the following statement: “Yesterday, Jack Murtha said he was ‘quoted out of context’ regarding his comments on the ‘threat’ posed to world peace by the...

Israel is going to change its protocol for opening fire along the Egyptian border, which has been a peaceful border for the past 25 years. The new protocol will make it easier to open fire on infiltrators on the so-called "peace border," since "dangerous criminal elements" were involved in the smuggling of terrorists and weapons across the border, senior military sources said on Tuesday. A senior IDF official said that the army plans on beefing up its presence on the 240-kilometer border between the Mediterranean and Red Sea, and will probably add a new brigade headquarters along parts of it....

Mark McKinnon, the Austin political consultant who oversaw the advertising for President Bush in the 2000 and 2004 campaigns, has committed to help Sen. John McCain in a second presidential bid. McKinnon - one of the president's closest friends and confidants and a frequent mountain biking companion - met with the Arizona Republican over lunch this spring in the Senate dining room to discuss his support, a GOP activist familiar with the meeting told G. Robert Hillman of the Dallas Morning News. At this point, McCain, who lost to Bush in a bitter 2000 Republican primary, is in the early...