Every administration has its preferred economic forecast, and the ones that arrive with a release date attached deserve the most skepticism. Promises about commodity prices on cable television tend to age like fish, not wine. Read more…
Though there’s no official retirement age in the U.S., it’s pretty common for people to retire in their 60s. IRAs and 401(k)s are off-limits until age 59 and 1/2, Social Security’s earliest claiming age is Read more…
Markets The euro zone’s four largest countries today released May inflation numbers. On a monthly basis, the pace slowed but most annual numbers rose further. French inflation increased by 0.1% M/M to 2.8% Y/Y (from Read more…
The brewery industry has been in steady decline, which has led to the closure of hundreds of local operators. Total craft production (21,859,000 bbls) fell 5% in 2025, with 60% of breweries reporting declines, 39% Read more…
Grocery prices remain one of the biggest pressure points for American households. Shoppers immediately notice an increase in the cost of milk, meat, eggs, frozen meals, and produce every time they walk through a supermarket. Read more…
Many families discover Medicaid estate recovery only after a loved one dies and the state seeks repayment for long-term care costs from the estate. For many households, Harry Margolis, author of Get Your Ducks in Read more…
The Canadian economy was essentially flat in Q1 2026 (-0.1% q/q annualized), coming in below both the consensus forecast (1.5% q/q) and the Bank of Canada’s 1.5% projection. Weakness reflected a sharp rise in imports, Read more…
Global markets are ending the week firmly in risk-on mode, but the enthusiasm is far from evenly distributed. Equity investors are aggressively embracing both AI-driven optimism and growing hopes that the United States and Iran Read more…
In 1975, American Express (AXP) entered the cultural zeitgeist with a series of commercials that ended with the slogan, “Don’t leave home without it.” The campaign, created by the groundbreaking ad agency Ogilvy & Mather, Read more…
One of the world’s most well-known luxury jewelry retailers is closing another longtime store, underscoring how even legacy high-end brands are adapting to shifting consumer habits and mounting pressure across the retail industry. For decades, Read more…