Monthly Archives: May, 2026

“Affiliated:” Private Equity Is the Next Big Thing Coming for YOU: Part XVII

Insurance companies are a dumping ground for private investments, especially those that are “affiliated” with or owned by private equity firms. “There are risks to...

US Natural Gas Pipeline Boom Adds 44.9 Bcf/d by 2027

Developers plan to add about 44.9 billion cubic feet per day of new natural gas pipeline capacity in the United States during 2026 and...

Hong Kong Overtakes Switzerland as Top Global Wealth Hub

Hong Kong has overtaken Switzerland as the world’s largest cross-border wealth hub, managing an estimated $2.9 trillion in international assets in 2025, largely driven...

Pakistan Plans Strategic Oil Reserves After Hormuz Disruptions

Pakistan is planning to build strategic oil reserves and expand fuel storage capacity after disruptions linked to the Strait of Hormuz exposed the country’s...

GOP Hardliner Bo French Wins Texas Railroad Commission Race

Republican hardliner Bo French defeated incumbent Jim Wright in the Texas Railroad Commission runoff election, signaling growing influence from the far-right wing of the...

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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...