Like the so-called FANGs that preceded them, one could argue that the Magnificent Seven group of US tech mega-caps that accounted for a large portion of market performance in 2023 are now a part of Wall Street’s history books. Besides two names that have continued to pull away from the...
000 face value, I paid $9,965.20 for the bonds plus a little more for any accrued interest. US Treasury bonds are not callable and the interest is paid semi-annually. My next interest payments (at the old bond’s lower 2.75% rate) will be on 7/31/2022, 1/31/2023 and 7/31/2023...
This story is set in Sweden, where the age of consent is 16. The laws are there to protect children from abuse or exploitation, rather than to prosecute under-16s who participate in mutually consenting sexual activity. There are a multitude of cultural differences described in this story that ...
Abstract:Economistshave long studied policy choice by a social planner who aims to maximizewelfare in democracies or other political systems where, in some sense, welfareis intended to express the well-being of a society rather than the personal preferencesof a dictator. The motivation for studying...
Even if we trim the $320 billion number in our analysis to account for the portion of debt held currently by the Social Security Fund and so forth, the portion that flows out into the economy is still extremely large. Plus, over the next 12 years, the $2.9 trillion Social Security fund...
We have already begun meeting to plan our program for the upcoming 2023-24 Symphony Season. We are very excited to begin this new chapter in the nearly 40 year history of our Symphony, and we hope you will join us in welcoming him at a Gala in his honor to be held near the end of...
Almost 76M baby boomers in the US will soon be eligible for retirement – over 25% of the US population and over 35% of the US workforce, 25% of the world’s population reaches retirement age in the next 3 years, there are significant population declines underway in many first world eco...
At the end of the last ice age, the Cockermouth River was flowing on its way to Newfound Lake—and along its path, the grains of sand it contained slowly eroded the local bedrock to createSculptured Rocks. These geologic formations were carved into oddball shapes, and they now surround a ...
This is not the case; as long as an individual has earned income, he/she can contribute to an IRA up to the $6,500 annual contribution limit (for 2023) or 100% of his/her earned income, whichever is less. Roth IR...
“transvestitism was a private rebellion against public conventions. By taking a male social identity, they secured for themselves male power and independence, as well as full status as citizens of their nation. In essence the Civil War was an opportunity for hundreds of women to escape the ...