US’s Baby-Formula Shortage Further Snarled, This Time by Ukraine War

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Why cash is an important part of your retirement plan

Retirement savers are often told they’ll see a greater return in their retirement assets if they invest it – and that may be true – but it’s important to prioritize some cash in a retirement plan as well. Retirement Tip of the Week: For those close to retirement, consider keeping a portion of your retirement … Read more

Cathie Wood Watch: Buys Nvidia, Organ-Transplant-Services Provider

Renowned investor Cathie Wood, chief executive of Ark Investment Management, on May 26 bought into one of the world’s biggest and most prominent semiconductor makers, for the first time in at least several months. Ark also purchased an organ-transplant-services firm along with some familiar names. All valuations below are as of Thursday’s close. Ark funds … Read more

Opinion: Don’t believe the hype: The economy isn’t headed toward a recession, and the Fed isn’t ‘behind the curve’ on interest rates

Much has been made about an imminent, full-blown recession, triggered by the unwinding of record stimulus by the Federal Reserve and resulting steep correction in stock and bond prices. While the clearing out of speculative froth from the markets may be wrenching, there is little evidence in the investment and consumption fundamentals of the business-cycle … Read more

The CDC Has Identified 9 Cases Of Monkeypox in 7 States – CBS Tampa

(CW44 News At 10 | CNN) –The US Center of Diseases Control and Prevention is investigating more cases of monkeypox across the United States after nine cases have been identified in seven states. The CDC has identified nine monkeypox cases in seven states as of Wednesday, Director Dr. Rochelle Walensky said Thursday. READ MORE: Actor … Read more

Withdrawing from your 401(k) or IRA in a down market? What you need to know

Market volatility, inflation and just overall uncertainty is already a stressful mix for a retiree trying to determine the best strategy for withdrawing from a 401(k) – but some may be forced to take money out because of annual required minimum distributions, adding to investment anxiety.  Investors incur a hefty penalty when they do not … Read more

More Memorial Day travel expected, despite high gas prices

LOS ANGELES (AP) — To drive, or not to drive? This Memorial Day weekend, with surging gas prices that are redefining pain at the pump, that is the question for many Americans as a new COVID-19 surge also spreads across the country. For Marvin Harper, of Phoenix, his family’s weekend travel plans are a double … Read more

Worry about stagflation, a flashback to ’70s, begins to grow

WASHINGTON (AP) — Stagflation. It was the dreaded “S word” of the 1970s. For Americans of a certain age, it conjures memories of painfully long lines at gas stations, shuttered factories and President Gerald Ford’s much-ridiculed “Whip Inflation Now” buttons. Stagflation is the bitterest of economic pills: High inflation mixes with a weak job market … Read more

Jeff Bridges Was “Pretty Close to Dying” After Contracting COVID-19 While Undergoing Chemotherapy

Jeff Bridges is treasuring the time he gets to spend with his wife, grandkids, and new puppy these days after nearly facing death twice over. The actor described the last year and a half of his life as “a bizarre dream” in a new interview with People after being diagnosed with non-Hodgkin lymphoma and then … Read more