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.
Here’s an interesting question: what are the most profitable sectors of the U.S. economy? Put another way: what kind of businesses tend to generate the highest profit margins? A recent study listed all gross and net profit margins for all industry sectors—’net’ being the profits after all expenses and taxes paid; how much money a company keeps for every dollar it makes. As a baseline, the average net profit margin across all U.S. industries came to 8.54%. The list includes everything from advertising and aerospace/defense (0.89% and 4.95%, respectively) down to electrical and water...
The U.S. stock market maintained its powerful upward momentum through May, driving major benchmark indexes to historic heights. A spectacular first-quarter corporate earnings season and a massive rally in artificial intelligence and information...
Many families consider the cost of sending their kids to college to be a...
The most recent Federal Reserve Open Market Committee announcement came...