Why labor activism is good for America

Friends, America is in the midst of the biggest surge in labor activity in a quarter century.  The United Auto Workers, the Writers Guild of America, the actors’ union known as SAG-AFTRA, Starbucks workers, Amazon workers, the Teamsters and UPS, flight attendants. The list goes on.    Over 4 million workdays were lost to stoppages last month, according…

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Roth Catch-Up Rule Delayed — Oblivious Investor

One of the many changes made by the SECURE Act 2.0 was that, starting in 2024, catch-up contributions to 401(k), 403(b), and governmental 457(b) plans would have to be Roth (rather than tax-deferred) for any employee whose wages from the employer in question in the prior year were more than $145,000. Many employers and plan…

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Trading Crude Oil With USO

Crude oil, like most commodities, is not priced as a single data point like a stock. Instead, commodities, like oil, trade via futures contracts. A futures contract is an agreement to buy or sell a particular commodity or security at a predetermined price at a specified time in the future. Futures contracts are standardized for…

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