Photo: Florian Gaertner/Photothek via Getty Images.

"The rate of people 65 and older filing for bankruptcy is three times what it was in 1991, ... and the same group accounts for a far greater share of all filers," the N.Y. Times' Tara Siegel Bernard reports.

Why it matters: Individuals "are bearing an ever-greater responsibility for their own financial well-being as the social safety net shrinks."

The details: Driving the surge, according to the study from the Consumer Bankruptcy Project, "is a three-decade shift of financial risk from government and employers to individuals."

  • This includes longer waits "for full Social Security benefits, the replacement of employer-provided pensions with 401(k) savings plans and more out-of-pocket spending on health care. Declining incomes, whether in retirement or leading up to it, compound the challenge."

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President Trump on Saturday said he approved "in concept" a deal whereby TikTok will be allowed to continue operating in the U.S., with Oracle as its "trusted technology partner."

Why it matters: TikTok has nearly 100 million U.S. users, and is still growing fast. Trump has threatened to ban it, due to data privacy concerns related to TikTok's ownership by Chinese tech company.

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Trump says Supreme Court nominee "will be a woman"

President Trump speaking prior to his departure from the White House on Sept. 19. Photo: Sarah Silbiger/Getty Images

President Trump said during a Fayetteville, North Carolina, rally Saturday he'll announce a nominee for Justice Ruth Bader Ginsburg's vacant Supreme Court seat "next week" and "it will be a woman."

Details: Trump told reporters earlier, "The choice of a woman, I would say, would certainly be appropriate."