Former New York Gov. Andrew Cuomo, a Democrat, announced his candidacy for mayor of New York City, just four years after resigning amid multiple sexual harassment allegations. In a campaign video, Cuomo highlighted his past accomplishments and acknowledged his mistakes, while challenging incumbent Mayor Eric Adams and other Democratic candidates ahead of the June primary. Despite facing backlash for his past actions, Cuomo has already earned the endorsement of Rep. Ritchie Torres, who believes in his ability to lead the city through a comeback.
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Americans are more scared of going broke in retirement than they are of death, study finds
According to a study by Allianz Life, 64% of Americans aged 25 and older are more fearful of running out of money in retirement than dying, driven by inflation, taxes, and concerns about Social Security benefits. The study highlights that Gen Xers, facing imminent retirement, are the most worried, with 70% expressing concern, while the average American believes they need $1.26 million for a comfortable retirement, significantly higher than the median retirement savings of $87,000....
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