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.
Is the United States currently in a recession, and we just don’t know it yet? This question haunts the halls of Wall Street and the aisles of every grocery store in America. The difficulty lies in the “rearview mirror” nature of economic reporting. By the time a recession is officially declared by the National Bureau of Economic Research (NBER), the downturn is often already in its final stages. The NBER defines a recession as a significant, widespread decline in economic activity lasting more than a few months—a definition that requires economists to wait for a third of a year’s worth of...
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...
If you follow the stock market, you have probably come across statements...
Market Milestone: S&P 500 Surges Past 7,000 as April Shatters Records...