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Rising costs have pushed the “American Dream” out of reach for most Americans, according to a new analysis from Investopedia. Common milestones associated with success in the United States like marriage, children, homeownership, cars and healthcare are estimated to cost $3,455,305 throughout a person’s lifetime, according to the financial news site. Meanwhile, the average lifetime earnings of an American with a bachelor’s degree is about $2.3 million, according to data from the Georgetown University Center on Education and the Workforce. Those with less education can expect the life associated with the American Dream to be further out of reach. For...

Workers in the United States believe they will need to save around $1.8 million for retirement, as inflation continues to fuel anxieties over savings, according to a survey from Charles Schwab. This estimate is up from last year’s $1.7 million, with 37 percent of respondents stating they think it’s very likely they will reach this number, down 10 percentage points from last year, according to the survey. The survey of 401(k) participants found 62 percent of workers think of inflation as a challenge to saving for a “comfortable retirement,” up from last year’s 45 percent, while 42 percent said stock...

Hunter Biden’s legal defense against both the Justice Department and congressional probes could cost more than $100,000 per month, legal experts told Breitbart News, as the scandal-scarred first son faces mounting scrutiny for his mysterious business practices. According to Hunter’s previous statements, he is not cash-rich. Hunter was nearly penniless while Joe Biden was vice president, living paycheck to paycheck after out-of-control spending, according to Hunter’s ex-wife. From 2018-2019, Joe Biden even committed to wiring Hunter $100,000.

Calculating Second-Quarter Unemployment Rate These two numbers were obtained by applying different methodologies and classifications to two different datasets. This means that while there may be significant overlap, each measure will also be capturing some aspects that the other ignores.For this reason, we simply took the average of those two numbers as a point estimate for the total number of workers who will be laid off during the second quarter. This resulted in 47.05 million people being laid off during this period.Summing to the initial number of unemployed in February, this resulted in a total number of unemployed persons of...

Moments ago the Commerce department reported Q2 GDP which blew estimates out of the water, printing at 4.0%, above the declining 3.0% consensus, as a result of a surge in Inventories and Fixed Investment, both of which added over 2.5% of the total print, while exports added another 1.23% to the GDP number. The full breakdown by component is shown below. What is interesting is that the Commerce Department announced that as a result of incomplete June data, the biggest components of the GDP beat, Inventories and Trade, were estimated. In other words, assume that future revisions of Q2 GDP...

The relatively small glaciers that drape the planet's mountains will play an important role in future sea level rise, according to a new study that estimated glaciers' collective size. Researchers calculated the ice thickness for 171,000 glaciers worldwide, excluding the Greenland and Antarctic ice sheets, which hold the bulk of Earth's frozen water. Through a combination of direct satellite observations and modeling, they determined the total volume of ice tied up in the glaciers is nearly 41,000 cubic miles (170,000 cubic kilometers), plus or minus 5,000 cubic miles (21,000 cubic km). If all the glaciers were to melt, global sea...

Roughly one out of every 37 to one out of every 70 sunlike stars in the sky might harbor an alien Earth, a new study reveals. These findings hint that billions of Earthlike planets might exist in our galaxy, researchers added. These new calculations are based in data from the Kepler space telescope, which in February wowed the globe by revealing more than 1,200 possible alien worlds, including 68 potentially Earth-size planets. The spacecraft does so by looking for the dimming that occurs when a world transits or moves in front of a star. Scientists at NASA's Jet Propulsion Laboratory...

WASHINGTON -- The government agency charged with overseeing the economic-stimulus program says it doesn't plan to change its position that the package directly created or saved 640,329.17 jobs through September, despite its own admission and statements from the White House that the number is not accurate. Ed Pound, spokesman for the Recovery Accountability and Transparency Board, said that the number would not be changed. The Government Accountability Office, which is the investigative arm of Congress, issued a report last week saying that there were "significant issues to be addressed" in the accuracy of reports. The report said that "many entries...

WASHINGTON (Reuters) – The U.S. government spent a record $1.4 trillion more than it collected in the fiscal year ended September 30, congressional analysts said on Wednesday, in their final estimate before the official numbers are issued. Bank bailouts, stimulus spending and declining tax revenues due to a deep recession led the government to post a deficit that amounts to 9.9 percent of the U.S. Gross Domestic Product for the 2009 fiscal year, the Congressional Budget Office said. The Treasury Department will report the actual deficit later this month. The deficit for fiscal 2008 was $459 billion. The $1.4 trillion...

“How big is it?” is certainly one of the world’s most dreaded questions. In fact, after the Million Man March in 1995, Congress restricted the National Park Service from even making estimates — a restriction that was maintained for 14 years and then quietly rescinded this January for the Obama inauguration. I’m talking about crowds, of course. I can’t take you people anywhere. There have been a lot of estimates, from the “official” one of 60 to 70 thousand, up to the rumored 2 million. Let’s see if we can make a plausible estimate with some rigor and some idea...

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WASHINGTON – Bailing out the financial sector will cost taxpayers $167 billion more than originally anticipated, .. The original figure in January was $189 billion, but it is now $356 billion — ... The CBO raised its projection because yields have increased on securities issued by the bailed-out financial institutions under the $700 billion Troubled Asset Relief Program. That means there will be an increase in the cost of the subsidy from the U.S. Treasury's purchase of preferred stock, asset guarantees and loans to automakers, ...

Census Bureau: We’ll Work with ‘Community Organizations’ to Count All Illegal Aliens in 2010 Thursday, April 02, 2009 By Nicholas Ballasy, Video Reporter (CNSNews.com) - The acting director of the U.S. Census Bureau, Thomas Mesenbourg, told CNSNews.com that the bureau intends to work with community organizations to make sure every illegal alien in the United States is counted in the 2010 Census. The Census is used to apportion the seats in the U.S. House of Representative. There are 435 House seats that are divided among the states in proportion to their population, which is determined by the decennial census. States...

Taxpayer-funded PBS journalist Bonnie Erbe has some advice for Democrats: politicize the 2010 Census, then use the biased numbers to jam pack Congress full of left wing wackos. “Depoliticize the Census?” PSB “journalist” she wrote in her blog at US News & World Report. “Surely they jest!” “The Census is part of the spoils of victory.....

WASHINGTON - About 11 million illegal immigrants were living in the U.S. at the start of this year, the federal government said in a report Friday. That's up from an estimated 8.5 million living in the country in January 2000, according to calculations by the Office of Immigration Statistics in the Department of Homeland Security. The office estimated that 10.5 million illegal immigrants were living in the United States in January 2005 and that the number grew at a national average of 408,000 a year. Estimates of the size of the illegal immigrant population vary widely according to the political...

ANCHORAGE, Alaska – A massive oil spill discovered earlier this month at Prudhoe Bay is the largest ever on Alaska's North Slope, officials said Friday. Between 201,000 and 267,000 gallons of crude leaked from a ruptured transit line onto the snow-covered tundra, according to an official estimate of the spill. That amount far surpasses the 38,000 gallons spilled in 2001, officials said. By comparison, the Exxon Valdez spilled 11 million gallons when it ran aground in Prince William Sound in 1989. “I can confirm it's the largest spill of crude oil on the North Slope that we have record of,”...

Washington DC—According to a 2 August 2005 Washington Post article, a National Intelligence Estimate (NIE) projects that Iran is a decade away from manufacturing a key ingredient for a nuclear weapon, roughly doubling the previous estimate of five years, according to government sources with first-hand knowledge of the new analysis. The intelligence estimate is contradictory—reflecting disagreement within the community. On one hand, the estimate is reassuring: Iran is alleged to be about ten years away from getting the bomb. On the other hand, the estimate is worrisome: “It is the judgment of the intelligence community that, left to its own...

<p>On Thursday, weapons in spector David Kay offered Congress a simple, and entirely rational, explanation for why the United States had not yet uncovered vast stashes of weapons of mass destruction in Iraq. It's all about size. Or lack thereof.</p>

Task Force 20 began scouring the country for Iraqi officers and personnel involved in concealing the forbidden weapons or secreting them out of the coutry to Syria. The force recieved hundereds of leads. By the time a team arrived at a suspect location, it was invariably bare of contents.The Bush Administration is still hunting for solid proof of Saddams possession of WMD since testimony by top his regieme officials and scientists will not satisfy the skeptics.Many of the officers and men of the Special Republican Guards listed as operators of chemical and biological warfare systems, who denied knowledge of the...

Beat Star Wars, Spidey, Lord of the Rings and Harry Potter (previous record holders) by close to 10 million!This is an estimate of Thursday ticket sales.