Monthly Archives: May, 2025

Feds Halt Planned Plant Shutdown to Protect Grid Reliability

US Secretary of Energy Chris Wright issued an emergency order to keep the J.H. Campbell coal plant in Michigan operational, preventing its planned May...

Study Finds Precious Metals Rising from Earth’s Volcanoes

Researchers from the University of Göttingen have discovered traces of the rare metal ruthenium (Ru) in Hawaiian volcanic rocks that point to an origin...

Graduating from Work to Retirement #9: EF

When you graduate from work to retirement, it’s an emotional time. It’s right up there on the stress meter as one of the most...

BYD Sparks New EV Price War in China

BYD has reignited China’s electric vehicle price war by cutting prices across its lineup, including a 20% drop on its low-cost Seagull hatchback and...

MicroLED Tech Could Fuel Energy-Efficient Data Centers

Rachel Berkowitz of IEEE Spectrum reports that TSMC has partnered with startup Avicena to develop microLED-based optical interconnects for AI data centers, aiming to...

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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...