A distant view shows a mountainous landscape with sloping peaks, green trees in the foreground, and a cloudy sky above.


<h2 class="wp-block-heading has-medium-font-size h5"><a href="https://apnews.com/article/what-is-republican-trump-tax-bill-f65be44e1050431a601320197322551b" target="_blank" rel="noreferrer noopener"><strong>What&#8217;s in the Big Bill That Trump Has Signed into Law | AP News</strong></a></h2>



<p class="wp-block-paragraph">Congress passed and President Trump signed the large tax and spending bill, known as the One Big Beautiful Bill Act, that President Trump has made a priority. The bill, which is nearly 900 pages long, makes a wide variety of changes to federal law, including extending tax cuts, creating new temporary tax deductions, boosting funding for border security, and reducing the number of people covered by Medicaid and food assistance programs.</p>



<h2 class="wp-block-heading has-medium-font-size h5"><a href="https://www.forbes.com/sites/ronshevlin/2025/07/01/the-new-trend-in-personal-finance-revenge-saving/" target="_blank" rel="noreferrer noopener"><strong>The New Trend in Personal Finance: Revenge Saving | Forbes</strong></a></h2>



<p class="wp-block-paragraph">You may remember the term “revenge spending” from the period following COVID-related lockdowns, which described the surge in spending that occurred as people began to resume regular daily activities. Now, there’s a reversal happening with many people opting for “revenge saving” instead. Experts say unlike traditional saving, which is often focused on long-term goals, revenge saving is more emotionally reactive and a response to economic volatility and uncertainty.</p>



<h2 class="wp-block-heading has-medium-font-size h5"><a href="https://www.usatoday.com/story/money/2025/07/05/most-popular-retirement-states-florida-arizona/84459117007/" target="_blank" rel="noreferrer noopener"><strong>Where do Americans Go to Retire? Not Where You Think. | USA Today</strong></a></h2>



<p class="wp-block-paragraph">While it’s long been known that retirees like to move to warm states like Arizona and Florida, recent analyses have found changing trends as retiree priorities shift. According to one such list, Wyoming is the top destination for retirees, followed by South Carolina and Idaho. Another ranking lists Massachusetts, Florida, and Illinois as top destinations for retirees. Experts say various factors beyond climate influence retiree migration, including proximity to nature, amenities, and cost of living.</p>



<h2 class="wp-block-heading has-medium-font-size h5"><a href="https://www.kiplinger.com/retirement/retirement-planning/the-first-year-of-retirement-rule" target="_blank" rel="noreferrer noopener"><strong>The &#8216;First Year of Retirement&#8217; Rule | Kiplinger</strong></a></h2>



<p class="wp-block-paragraph">If you’re nearing retirement, you may be thinking about what your transition away from work looks like and daydreaming about the possibilities. But experts say that without careful planning, the first year of retirement can make or break the years that follow. Here’s why the first year is so important, and some tips for making sure you’re set up for success in retirement.</p>



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<p class="wp-block-paragraph"><em>News You Should Know is a digest of news from publications around the nation about finance, investing, and retirement.</em></p>


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