Affluent Americans are driving US economy and likely delaying need for Fed rate cuts
WASHINGTON (AP) — Since retiring two years ago, Joan Harris has upped her travel game.
Once or twice a year, she visits her two adult children in different states. She’s planning multiple other trips, including to a science fiction convention in Scotland and a Disney cruise soon after that, along with a trip next year to neolithic sites in Great Britain.
“I really have more money to spend now than when I was working,” said Harris, 64, an engineer who worked 29 years for the federal government and lives in Albuquerque, New Mexico.
Back then, she and her now-ex-husband were paying for their children’s college educations and piling money into savings accounts. Now, she’s splurging a bit and, for the first time, is willing to pay for first-class plane tickets. She plans to fly business class to Scotland and has arranged for a higher-level suite on the cruise.
Related articles
A robot will soon try to remove melted nuclear fuel from Japan's destroyed Fukushima reactor
TOKYO (AP) — The operator of Japan’s destroyed Fukushima Daiichi nuclear power plant demonstrated Tu2024-05-29Boeing's first astronaut launch is off until late next week to replace a bad rocket valve
CAPE CANAVERAL, Fla. (AP) — Boeing’s first astronaut launch is off until late next week because of a2024-05-29- WENCHANG, Hainan, May 3 (Xinhua) -- The Chang'e-6 lunar probe is scheduled to be launched between 52024-05-29
Rare golden monkeys thrive at Chinese world heritage site
Deep in southwest China's Mount Fanjingshan region, one of the world's most endangered monke2024-05-29Zelenskyy expected in Normandy for D
MESEBERG, Germany (AP) — French President Emmanuel Macron said Tuesday he will greet Ukrainian Presi2024-05-29Shanghai Shenhua soars as Changchun Yatai struggles in Chinese Super League
Changchun Yatai was held to a 1-1 draw against Shenzhen Peng City on Wednesday, extending their winl2024-05-29
atest comment