BUSINESS

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U.S. Adults Hold An Average Of $29,800 In Personal Debt Exclusive Of Mortgages
By
Newsdesk Editor
U.S. adults aged 18+ report having an average of $29,800 in personal debt, exclusive of mortgages, according to the latest
Optimism Still Springs This Fall for Small and Mid-Size Business Owners
By
Associate Writer
Despite pricing pressures and tariff concerns, measures of optimism are approaching the record-setting highs measured in spring 2018, according to
Is Your Pinky Tingling for Travel?
By
My Instagram feed was inundated with big smiles, breathtaking views, and pinkies up. It was impossible to avoid. What was

MEDIA

NEWS

Bruce Springsteen’s Critically Acclaimed Album ‘Western Stars’ Comes to the Big Screen This October as a Feature Film
By
Staff Writer
On the heels of the successful world premiere of Bruce Springsteen’s “Western Stars” at the Toronto International Film Festival, Fathom
Cagney The Musical: Expanded Broadway-Bound Production Debuts in Salt Lake City
By
Staff Writer
The Broadway-bound production of Cagney, based on the life of Academy Award® winner James Cagney, launches the award-winning Pioneer Theatre
New York’s Citi Field To Host The Largest Lantern Arts Festival In North America
By
Senior Writer
New York City will shine even brighter this winter with the debut of the Hello Panda Festival (December 6, 2019,
5 mins
A customer inserts a credit card to buy gas in Haverhill, Mass. (Credit: Elise Amendola)
The Ritz Herald
Over one-third (34%) of Americans' monthly income is going toward paying off debt, and 15% say they'll be in debt for the rest of their lives

U.S. adults aged 18+ report having an average of $29,800 in personal debt, exclusive of mortgages, according to the latest findings from Northwestern Mutual’s 2019 Planning & Progress Study. The research also revealed that 15% of Americans believe they’ll be in debt for the rest of their lives.

While those numbers are staggering, they represent an improvement over last year when U.S. adults reported an average of $38,000 in personal debt. Still, the debt problem in America continues to run deep with wide-spread implications. The study found:

  • On average, over one-third (34%) of people’s monthly income goes toward paying off debt
  • 45% of Americans say debt makes them feel anxiety on at least a monthly basis
  • 35% report feeling guilt at least monthly as a result of the debt they’re carrying
  • One in five (20%) report that debt makes them feel physically ill at least once a month
  • One-fifth (20%) of U.S. adults are not sure how much debt they have
  • Over one in three Americans (34%) are unsure how much of their monthly income goes toward paying off their debt

Among the generations, Gen X reported the highest levels of personal debt with $36,000 on average. They’re…

Air pollution negatively impacts the U.S. economy, costing the U.S. roughly 5% of its yearly gross domestic product (GDP) in damages ($790 billion in 2014). The highest
/ Sep 12
A thirteen-year-old musical prodigy has recently earned the Assist Foundation’s World Record, being named the “Youngest to Play Maximum Musical Instruments”. Neil Nayyar of Elk Grove, California
Peruvian fashion labels take over the fashion industry with a top-notch international campaign with the support of their country brand ‘Marca Perú’ thanks to the action of
The 50th anniversary of James Brown’s October 1, 1969 homecoming concert in Augusta, Georgia, will be celebrated with the first-ever release of the complete show, newly mixed

PUBLIC

INTEREST

In Renewed Bid for Justice, First Responders Urge Congress to Reopen 9/11 Investigation
The Ritz Herald

On the 18th anniversary of the September 11th attacks, 9/11 first responder Christopher Gioia, a commissioner of the Franklin Square and Munson Fire District in New York, announced the launch of the “Justice for 9/11 Heroes” campaign at a news conference at the National Press…

Americans Divided on Family Leave Policy and Who Should Pay For It, According to New Survey
The Ritz Herald

A national poll on the American family released today found that while Americans generally support a national family leave policy, particularly for maternity leave, they don’t want new government programs or changes to Social Security to fund it. The poll also found that of the four family leave bills…

CULTURE

NEWS

Museum of Glass Presents Richard Marquis: Keepers, a Late-Career Survey of this Towering Figure in the Studio Glass Movement
By
Senior Writer
On September 28, 2019, the Museum of Glass will open Richard Marquis: Keepers, a late-career survey of this towering figure
30 Under 30: L.A.’s Bright Young Things
By
Staff Writer
As native Angelenos, we all grew up hearing the usual Los Angeles stereotypes: sunny days, trend-setting ways, and cool, laid-back
Young California Musical Prodigy Learns 107 Instruments and Breaks World Record
By
Staff Writer
A thirteen-year-old musical prodigy has recently earned the Assist Foundation’s World Record, being named the “Youngest to Play Maximum Musical

TRENDING

NEWS

U.S. Adults Hold An Average Of $29,800 In Personal Debt Exclusive Of Mortgages
U.S. adults aged 18+ report having an average of $29,800 in personal debt, exclusive of
The Ritz Herald
Optimism Still Springs This Fall for Small and Mid-Size Business Owners
Despite pricing pressures and tariff concerns, measures of optimism are approaching the record-setting highs measured
The Ritz Herald
THIS WEEK'S HEADLINES
Sandy Di Angelis 17, Sep 5 mins
5 mins
The Ritz Herald
CREDIT: Fotosearch
Despite talk of a recession, most small and mid-size business owners don't anticipate one in 2019 (67%)

Despite pricing pressures and tariff concerns, measures of optimism are approaching the record-setting highs measured in spring 2018, according to the latest PNC semi-annual survey of small and mid-size business owners and executives. Optimism among business leaders about their own company is particularly strong at 55% compared to one year ago (51%) and near the spring 2018 record high for this 16-year survey (58%).

Thirty-nine percent of respondents describe their outlook for the national economy as highly optimistic. Those pessimistic about the national economy hit a survey record low of 7%. Those expecting an increase in the need for financing (8%), employee health care costs (35%), and personal compensation and retirement (22% and 25%, respectively) all declined from a year ago.

“U.S. economic fundamentals remain solid, despite slower economic growth and the ongoing trade war between the United States and China,” said Gus Faucher, chief economist of The PNC Financial Services Group, Inc.

Nearly two-thirds (63%) of small and mid-size business leaders expect their company’s sales to increase, little changed from fall 2018 (64%), but below the near-record high of 69% (spring 2018). However, 52% expect their profits to increase, down from fall 2018 (59%).

Key survey findings include:

Price Promotion: Tariff concerns appear most notably in relation to supply chains. Thirty-eight percent of small and mid-size business owners and executives anticipate tariff policies to trigger higher supplier prices over the next six months, and a small but increasing number (13%) expect their total sales to decrease based upon their understanding of tariffs. Overall, supplier price increases are expected most by industries that are the biggest purchasers of goods: wholesalers/retailers (50%); construction (43%); and manufacturers (42%). Only 26% of…

CURRENT EDITION

2 mins
The Ritz Herald
Wounded Warrior Project (WWP)
Connecting veterans with their benefits has been a cornerstone of the VFW's mission for more than a century
By / Newsdesk Editor

Wounded Warrior Project® (WWP) renewed its support of The Veterans of Foreign Wars (VFW), an organization that fosters camaraderie among United States veterans of overseas conflicts, assists with securing benefits, empowers veterans to have a smoother transition to civilian life, and advocates on behalf of all veterans.

WWP’s $410,000 grant to VFW helps connect post-9/11 warriors to benefits counselors at 23 Benefits Delivery at Discharge (BDD) sites across the country.

“The transition from the military to civilian life can be challenging, but thankfully The Veterans of Foreign Wars have been there to help our nation’s veterans since 1899,” said WWP CEO Lt. Gen. (Ret.) Mike Linnington. “Wounded Warrior Project is proud to partner with the VFW. Their benefits counselors augment our own efforts to help service members navigate the VA’s claims process and access the healthcare benefits they have earned through their service. In 2018, our grant helped VFW service officers in their efforts to file 14,904 claims and secure more than $155 million in benefits for veterans.”

“Connecting veterans with their benefits has been a cornerstone of the VFW’s mission for more than a century, and our work with Wounded Warrior Project allows us to build on this legacy of service to others,” said VFW National Commander William J. “Doc” Schmitz, of Corning, N.Y. “Through the sustained generosity and support of Wounded Warrior Project, our professional advocates are able to help more transitioning service members than ever before, helping to ensure that those who wear the uniform today are connected with the…

By Emily Patterson Published on Sep 16, 2019
3 mins
The Ritz Herald
PHOTO CREDIT: Danny Clinch
Special Two-Night Event on October 19 & 23 Showcases the Film Marking Springsteen's Directorial Debut and Featuring His Performance of the 'Western Stars' Album in its Entirety - Backed by a 30-Piece Orchestra

On the heels of the successful world premiere of Bruce Springsteen’s “Western Stars” at the Toronto International Film Festival, Fathom Events announces that it will bring music legend Bruce Springsteen to cinemas across America in an exclusive two-night theatrical release of “Western Stars.” The Fathom screenings, which will be held on October 19 and 23, will also feature an exclusive look behind the scenes with Springsteen, including never-before-seen archival footage and previously unreleased music from the Springsteen vault.

“Western Stars,” the cinematic film version of his latest globally successful album, was directed by Thom Zimny, his longtime collaborator, and Springsteen, marking his directorial debut. Following the Fathom events, “Western Stars” is slated for release on October 25, 2019.

Tickets for “Western Stars” are available at FathomEvents.com and participating in theater box offices.

From Fathom Events and Warner Bros., this special two-day event will premiere in cinemas nationwide on Saturday, October 19 at 7:00 p.m. and Wednesday, October 23 at 4:00 p.m. and 7:00 p.m. (all local times). For a complete list of theater locations, visit the Fathom Events website (theaters and participants are subject to change).

“Western Stars” offers Springsteen fans across the country a unique opportunity to see him perform all 13 songs from the critically lauded album—his first studio album in five years. Touching on themes of love and loss, loneliness and family and the inexorable passage…

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Private sector employment increased by 195,000 jobs from July to August according to the August ADP National Employment Report®. Broadly distributed to the public each month, free
/ Sep 5
A new study of New York City firefighters has found that exposure to 9/11 World Trade Center (WTC) dust is associated with a significantly increased long-term risk
/ Sep 10
GRAMMY-nominated, multi-platinum singer/songwriter Shawn Mendes launches The Shawn Mendes Foundation (SMF), seeking to inspire and empower his fans and today’s youth to bring about positive change in
Cirque du Soleil continues its partnership with Fathom Events to bring the internationally acclaimed Cirque du Soleil show LUZIA to cinemas across the country on October 29,

EDITOR'S

CHOICE

The Who ‘WHO’ – Brand New Album From The Legendary Rock Band To Be Released November 22 On Interscope Records

Patterson / Sep 16
The Who has one of the greatest rock legacies in music history, they’re one of the all-time great live bands, have sold over 100 million records worldwide including 9 US

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2 Atlético de Madrid 4 3 0 1 5 4 +1 9
3 Real Madrid 4 2 2 0 9 6 +3 8
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10 Villarreal 4 1 2 1 10 8 +2 5
11 Deportivo Alavés 4 1 2 1 2 2 +0 5
12 Real Valladolid 4 1 2 1 4 5 -1 5