Earnings Keep Pushing Stocks Higher

The flurry of second quarter earnings reports is officially underway — aluminum producer Alcoa reported earlier this week that it was back in the black and that things were looking up. Another positive report came from transport titan CSX, which said that its business was chugging along nicely with 2nd quarter coal shipments up 7%. …

Are You Overpaying for your 401(k)?

Boston College’s Center for Retirement Research Center has a study out this month about the cost of 401(k) plans, and they have found another flaw in the nation’s defacto retirement savings system: It is overpriced. So not only do 401(k) plans not meet the needs of the average American, they aren’t cost effective either. I wrote about

Is China a debt junkie?

We’ve all by now learned about the dangers of too much debt. The U.S. is paying the price for an explosion of consumer debt. Europe is struggling with too much sovereign debt. Now one of the big questions facing China is whether or not Beijing’s policymakers are about to get their own lesson in the perils of debt-driven …

In Praise of Small Homes

The median home size is now a bit over 2,000 square feet, which is down from 2,309 square feet in 2007. But even 2,000 square feet is more space than most families need, and homeowners should understand that size matters: You obviously pay more upfront for a bigger home, and huge, sprawling houses are also more expensive to heat, cool, …

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