How can a woman try to prevent outliving her money? Certain financial decisions may help a woman grow and sustain her retirement assets across the decades to make up for time out of the workforce and the prevalent earnings gender gap. Obviously, one fundamental move would be to start saving and investing for retirement as […]
THE WEEK ON WALL STREET Stocks ended a good week on a high note, as hints of progress in U.S.-China trade talks encouraged investors. When the closing bell rang Friday, the S&P 500 settled at 2,775.60, after rising 2.50% in five days. The Dow Industrials gained 3.09% to close Friday at 25,883.25. The Nasdaq Composite […]
THE WEEK ON WALL STREET Major U.S. stock benchmarks eked out slight gains last week, with corporate profit reports and news about U.S.-China trade negotiations vying for investor attention over five trading sessions. The big three ended the week little changed from where they settled the previous Friday. The Dow Jones Industrials rose 0.17%, while […]
FEBRUARY BEGINS WITH SOME EXCELLENT ECONOMIC DATA Payrolls swelled with 304,000 net new jobs last month, according to the Department of Labor’s February employment report. (A Bloomberg survey of economists had projected a gain of 165,000.) The number of Americans temporarily laid off or working part time for economic reasons increased greatly in January as […]
Think: Now, Then, and Ten – Tough decision? Try the 10/10/10 Rule. Save, in Case Your Second Act Starts Early – You might retire sooner than you think. Tell the Internet You Need “Me Time” – Keep digital distractions from consuming too much of your attention. Recipe of the Month – Out-of-This-World Granola Bars. […]
HOME SALES QUICKLY FALTER Seldom do existing home sales fall 6.4% in a month, but that was what happened in December. National Association of Realtors economist Laurence Yun called the drop a reflection of “consumer search processes and contract signing activity in previous months when mortgage rates were higher than today,” and noted that the […]
CONSUMER SENTIMENT HITS A 2-YEAR LOW Analysts surveyed by MarketWatch thought the University of Michigan’s preliminary January consumer sentiment index would display a reading of 97.5. Instead, it came in at just 90.7, dropping 7.6 points from its final December mark to its lowest level since October 2016. Richard Curtin, the economist who has long […]
FOR THE FIRST TIME SINCE MARCH, INFLATION RETREATS December brought a 0.1% decline in the Consumer Price Index, the first in nine months. As in November, cheaper gasoline was a factor: gas prices took a 7.5% monthly fall. The CPI advanced 1.9% across 2018. The core CPI, which excludes food and energy costs, rose 0.2% […]
2018 ENDED WITH A HIRING SURGE The latest Department of Labor jobs report suggests an economy with plenty of forward momentum. Employers added 312,000 net new jobs in December, the most in ten months. The main jobless rate rose 0.2% to 3.9% as more Americans entered the labor force; the U-6 rate, measuring underemployment, held […]
Are we sleeping sufficiently – is seven hours ideal, or does the right amount differ per person? Teachable money moments – help kids learn to save and spend wisely. Avoiding athletic aches – how can a weekend warrior avoid overdoing it? Recipe of the Month – Fresh and Light Lemon Layer Cake. […]
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