“My husband and I were going to retire at 65, but the house we owned was too big and too expensive. We downsized to a co-op. Working longer helped, too, both financially and because I love what I…
“Why can’t you pulverize the market just by buying the stocks with the highest share prices?” The previous question was asked by Jason Zweig, author of the rather excellent “Intelligent Investor”…
“We seem to be having an arms race. It’s emblematic of the complete breakdown of any kind of responsibility about the budget.” Cal-Berkeley economist Alan Auerbach said the latter in a recent Wall…
After a successful head coaching career that included a .668 winning percentage (148-79), and one Super Bowl appearance (a victory), Tony Dungy was voted into the NFL Hall of Fame. Notable about…
There’s a price for every good and service. Always and everywhere. This is a notable point at the moment, and in light of the never-ending talk about whether home insurers will or will not continue…
ber really started to become a thing in 2012. It was a spectacular revelation. Gone were the days of worrying about calling a cab or hailing one in order to get to the airport. Similarly gone were…
Do you the reader transact with cryptocurrencies? Do you store wealth in them? Particularly if the answer is no, it’s useful to think about such an answer in light of a recent national poll conducted…
Last week Elon Musk made waves with his latest effort to promote automation on our roads and in our homes. Seeing the sleek taxicabs and helpful robots gave hope to some, while instilling fear in…
“They’re on track to becoming the richest person on earth eventually.” Those are the words of Cullen Hoback, creator of a new HBO documentary (“Money Electric: The Bitcoin Mystery”) which purports to…
The protectionist attacks on TikTok continue, this time care of thirteen state attorneys general and the District of Columbia. The New York Times reports that the multi-state lawsuit against TikTok…
In a video that’s gone viral, the late Milton Friedman correctly asserts about inflation that “consumers don’t produce it,” and “producers don’t produce it.” Only for Friedman to go off track with…
Founded in 1868, Wayne State University is located in Detroit. It’s no insight to write that it’s a lesser-known Michigan college relative to University of Michigan, Michigan State, and perhaps even…
For the longest time banks have relied on the law to protect the private property of their account holders. Ironically, those same banks increasingly find themselves in the unenviable position of…
Back in the early 1990s, an oil-change service business ran a clever ad campaign which said “We’re not trying to change your oil, we’re trying to change your oil.” Get it? The ad springs to mind as…
Bikes were “as indispensable to a Chinese as a car to twentieth century Americans.” Those are the words of Fox Butterfield from Alive In the Bitter Sea, his 1982 book about communist-era China. Call…
Responding to the failures of Enron and Worldcom within six months of each other, failures that didn’t spook the markets much at all, President George W. Bush zestily signed into law Sarbanes-Oxley…
Economists quite literally ascribe to themselves an ability to forecast the global economy. Any doubts about the previous assertion can be found by placing “global recession” into the search bar of…
A scroll through ESPN.com last Saturday afternoon revealed a bit of a shocker. #6 Ole Miss had lost to unranked Kentucky, 20-17. Trite as it sounds, muscle memory of sorts brought on the scroll of…
Democratic presidential nominee Kamala Harris has taken to blaming the Republicans for problems associated with a surge of immigrants at the southern border. Republicans have hit back. One editorial…
“We don’t take American Express.” Those five words kept coming to mind last week while reading about the Department of Justice’s (DOJ) antitrust case again Visa. To which some will reply that the…
“And it’s paid for by you. No billionaires will fund work like this because there’s no money in it. This is government-funded research to determine how the universe was created and whether we are…
It was reported last week that Paul Pelosi, husband of former House Speaker Nancy, recently sold a sizable amount of Visa stock. Actually, it wasn’t that recent. July 1st to be exact. But since…
Former Indiana Governor Mitch Daniels writes in the Washington Post about the coming “collapse of the U.S. public debt market and the dollar’s world reserve status.” Daniels believes that “It’s past…
Last week the New York Times reported on labor unrest among the musicians at the New York Philharmonic, America’s oldest orchestra. Currently paid $153,504 annually, the players were agitating for a…
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