Key PointsWilliam Bengen now says a withdrawal rate of 4.7% may be more appropriate. Retirees who can cut back a little during rough market years tend to do better than …
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With the S&P 500 Rising This Year, Is Now the Best Time or the Worst Time to Buy an S&P 500 ETF?
by MrezaMkby MrezaMkKey PointsThe S&P 500 has been a wealth-building machine for long-term investors. Its largest components are all AI stocks, giving investors exposure to AI tailwinds while minimizing risk. The nature …
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Trump sued over $100k H-1B visa fee that has ‘thrown employers, workers and federal agencies into chaos’
by MrezaMkby MrezaMkIn what appears to be the first major challenge to the new $100,000 fee required for H-1B visa applications, a coalition of health care providers, religious groups, university professors and …
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ICEBlock creator devastated by Google, Apple decision to remove app after pressure from ‘authoritarian regime’
by MrezaMkby MrezaMkApple and Google blocked downloads of phone apps that flag sightings of U.S. immigration agents, just hours after the Trump administration demanded that one particularly popular iPhone app be taken …
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Populist hard-right billionaire with pro-Russian slant wins big in Czech Republic election, official results show
by MrezaMkby MrezaMkBillionaire Andrej Babiš became another populist leader in Central Europe to stage a political comeback by winning big in the Czech Republic’s parliamentary election, according to nearly complete results Saturday. …
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The job market is weak and getting weaker, top economists says, while Trump looks to the future
by MrezaMkby MrezaMkThe lack of monthly data from the Bureau of Labor Statistics hasn’t kept Wall Street completely in the dark on what’s happening in the job market as private sources indicate …
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Larry Summers praises Ford CEO Jim Farley’s concept of the essential economy because it doesn’t ‘fetishize manufacturing’
by MrezaMkby MrezaMkFormer Treasury Secretary Larry Summers said Ford CEO Jim Farley’s idea of the “essential economy” is a good concept as it doesn’t focus narrowly on just factory work. Amid fears …
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Trump sends California National Guard to Oregon after judge blocks him from using that state’s troops in Portland
by MrezaMkby MrezaMkPresident Donald Trump is sending 300 California National Guard members to Oregon after a judge temporarily blocked his administration from deploying that state’s guard to Portland, California’s governor said Sunday. …
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In heavyweight movie showdown, Taylor Swift’s ‘Show Girl’ smashes The Rock’s ‘Smashing Machine’
by MrezaMkby MrezaMkThis weekend’s box office belonged to two undeniable draws: Taylor Swift and Dwayne “The Rock” Johnson. It might have looked like a heavyweight matchup, but Swift’s devoted fanbase once again …
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Surprise in Japan’s leadership race jolts financial markets as the dollar soars against the yen
by MrezaMkby MrezaMkAn unexpected result in Japan’s leadership contest over the weekend rippled through global financial markets with the dollar surging against the yen on Sunday. On Saturday, the ruling Liberal Democratic …