Although President-elect Donald Trump has labeled the state of the nation and its economy as a “catastrophe” and a “complete disaster,” he privately praised President Joe Biden’s economic strategies, at least according to Biden’s remarks.

“He expressed admiration for several of the economic actions I took,” Biden said during a 55-minute chat with YSL News. “He indicated that he believed I was departing with a commendable record.”

Learn more about Biden’s economic achievements here.

Is $1 million becoming the new retirement standard?

An analysis reveals that retiring in the U.S. now requires $1 million or more in 15 different states.

West Virginia tops the list as the most affordable state for retirement in 2025, where you’ll need about $712,913 in savings and a yearly budget of $50,954 to enjoy a comfortable retirement, based on data released this week by GOBankingRates, a personal finance resource.

Take a look at the 15 states with the highest retirement costs.

📰 A must-read 📰

Here’s a popular story from 2024 that you may want to catch up on. Check it out and share!

What Uneaka Daniels faced during her recent visits to the U.S. was enough for her to reconsider returning.

Originally from Bermuda, Daniels was in Atlanta in 2019 when she decided to visit a salon. While asking a man for directions, chaos erupted as everyone ducked for cover during a drive-by shooting.

She isn’t alone: an increasing number of international visitors are choosing not to travel to the U.S.

About The Daily Money

Every weekday, The Daily Money brings you top consumer and financial news from YSL News, simplifying complex topics, providing a concise summary, and explaining how various events, from Federal Reserve rate alterations to bankruptcy, affect you.