Some pension plans let retirees choose between smaller lifelong income payments or a large lump sum. If one or both spouses are in line to receive pensions, a couple should at least explore some of the possibilities for lump sum investment.
The historic market debut of Space Exploration Technologies Corp. (trading under the ticker SPCX) has shifted from speculative financial press hand-wringing into a staggering, volatile reality. What began in early June as intense debate over a deeply unconventional prospectus culminated on June 12, 2026, when SpaceX completed the largest initial public offering (IPO) in financial history. Pricing its shares at $135 each, the company raised a monumental $75 billion, instantly locking in a corporate valuation of $1.77 trillion and briefly crowning founder Elon Musk as the world’s first official...
July saw a shift in market leadership as investors moved beyond the large technology and AI-related companies that had led the market for much of 2025 and early 2026. Following a strong second quarter that pushed major indexes to record highs,...
For the estimated six million Americans working in tipped industries, a...
When the Trump administration nominated Kevin Warsh to replace Jerome...