Middle-class households are redefining what it means to live comfortably as costs rise. Experts suggest a comfortable life means money supports essentials without constant pressure. Avoiding consumer debt, having an emergency fund, and saving for retirement are key. Location plays a role in cost of living, impacting comfort levels. Income alone doesn’t guarantee security; managing expenses is crucial for financial stability. 1. The stock market reached record highs today, with the S&P 500 closing at 4,500 points, up 1.5% from the previous day. This increase was fueled by positive economic data and strong corporate earnings reports.

2. In other news, the Federal Reserve announced that it will begin tapering its bond-buying program next month, reducing monthly purchases by $15 billion. This move is seen as a step towards normalizing monetary policy and could potentially lead to an increase in interest rates.

3. On the international front, tensions are rising between Russia and Ukraine as Russian troops continue to build up near the border. The US and its allies are closely monitoring the situation and have expressed concerns about the potential for further escalation.

4. Meanwhile, in the tech sector, Apple unveiled its latest iPhone model, the iPhone 13, featuring improved cameras, longer battery life, and a faster processor. The company also announced updates to its iPad and Apple Watch lines, with preorders set to begin next week.

5. Lastly, in health news, a new study has found that the Pfizer-BioNTech COVID-19 vaccine is highly effective in preventing hospitalizations and severe illness caused by the Delta variant. The study, based on real-world data, shows that the vaccine offers strong protection against the virus.

Read more at Yahoo Finance: What the Middle Class Needs in 2026 To Live Comfortably