Record low temperatures in much of the U.S. have kept air conditioners from running, and electricity demand low. The low demand, coupled with an inventory buildup running...
Consumer confidence has risen to another post-recession high. The Conference Board's Index of consumer confidence has nearly topped its historical mean, something it hasn't done...
What we're reading:
Mark Cuban talks before he thinks. On Tax Inversions: "If You Move Overseas, I’m Selling Your Stock" (MoneyBeat)
Talk about solar power. This...
The magic number for retirement is four, as in a 4% annual draw on the initial balance of your retirement portfolio. Thus, if your portfolio totals $1 million, you draw $40,000 in year number one. In future years, you draw 4% or $40,000 annually, whichever is less.