Monthly Archives: February, 2024

Boom to Bust: Betting the Future on a Single Industry

David Harrison of The Wall Street Journal reports that as e-commerce soared, warehousing jobs in San Joaquin County surged, too. Did the area bet...

Low Gas Prices Could Trigger a Switch by Regional Power Producers

Gavin Maguire of Reuters reports that weak gas prices are primed to trigger a coal-to-gas switch in Germany's multi-fueled gas and coal-fired plants. Maguire...

Supreme Court: New Container Terminal Must Use Union Dockworkers

Paul Berger of The Wall Street Journal tells his readers the decision means the South Carolina port will have to use union dockworkers at...

What We Learned in South Carolina’s GOP Primary

When President-elect Donald Trump named South Carolina Governor Nikki Haley ambassador to the UN, he praised his former critic as "a proven dealmaker." In...

Can Towns Have Too Many Car Washes?

There's a business boom happening in car washes, but some towns have had enough. Is there such a thing as too many? Bloomberg's Patrick...

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HII, Labor Department Team Up to Build Next Generation of Shipbuilders

The US Department of Labor has partnered with Huntington...

Government Grocers: No Free Lunch

You may have heard that New York City Mayor...

Michigan Auto Manufacturing Revival Takes Center Stage

The White House says President Donald Trump is returning...

US Auto Market Moves Toward Electrification, Led by Hybrid Growth

Nearly one-quarter of new light-duty vehicles sold in the...

When I Think about Fidelity Investments and YOU

When I think about Fidelity Investments and you, I’m...

Wealth Tax Fairytales: There Are No Dragons

You know that California is contemplating a tax on...

EU Methane Crackdown Faces Global Pushback

The energy ministers of the United States, Qatar, Nigeria,...

Bipartisan Senate Agreement Targets Russia’s Energy Revenues and Iran

US senators have reached an agreement on a new...

The Magic Number

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.

Poison Annuities on Your Retirement Fund Menu?

The Executive Office of the President’s Council of Economic...