Back in the late 1970s, the White House was harvesting the power of the sun via solar panels. The country was also deep in the throes of global energy and inflation crises — sound familiar? Though the crises of the 1970s were arguably more shocking to the American public than today’s — as anyone who…
Dear MarketWatch, I make over $100,000 a year, and expect to for the foreseeable future. As of now, I am contributing 8% of my income to my 403(b) with a 3% 401(a) match; all Roth. It would be more, but I am maxing out a Roth IRA and an HSA as well each year. I…
About 30,000 semi trucks, some owned by large fleets and others by small operators with a single rig, shuttle imports and exports to and from California’s shipping ports to the distribution centers that pass the goods to the rest of the nation and much of the globe. Long truck queues can mean idle time burning…
The financial-services industry is fond of making declarative statements to savers and investors. You should save at least 10% of your income. You should have 10 times your salary saved for retirement by the time you’re 65 years old. And so on. But those statements are not the most optimal way to elicit action from…
A shift in the makeup of Congress in Tuesday’s U.S. midterm elections would mostly involve tougher roadblocks and possible delays for future green energy and climate-change legislation, not a wholesale reversal of tax-friendly incentives targeting home solar, electric vehicles and other consumer-focused policy just passed in the Inflation Reduction Act. That’s the belief of most election…
For job jumpers, the excitement of a new position and higher salary may be a lure to change companies, but it’s important to remember the 401(k) you have built at the company you’re leaving behind. The short tenure rate—which measures the fraction of positions that end after being held for less than a year—started rising…
Nearly 2 million electricity customers across Florida remained without power Friday, a modest improvement from the day before as the state looks to recover from Category 4 Hurricane Ian, a storm tagged as one of the worst ever to hit that part of the U.S. In a Friday alert, there were 1,933,573 customers without power…
The Internal Revenue Service’s operations are catching heat as the tax agency is in line for an $80 billion budget boost under the Democrats’ proposed spending plan — and now there’s intense attention being focused on IRS workers who actually pack heat. It started as criticism from Republican leaders that the tax-collecting agency would bring…
If investors thought they were finding their footing in a volatile stock market, a new tax, climate and healthcare spending bill from Capitol Hill might have them trying again to regain their stability. The legislation passed the House of Representatives on Friday in a 220-207 vote after passing the Senate last weekend. Now the bill…
Excellent news. Not only is pretty much everyone on Wall Street bearish, but one group of people have turned bullish — and they are the ones who really matter. We’re talking about company insiders. Chief executives, board members and the like. The ones who know what’s really going on in business. Those wondering whether to bail…