The Oklahoman, M. Scott Carter Oklahoma municipalities were forced to pay more than $180 million in expenses because of a state law written to protect the oil and gas industry, a new study shows. Commissioned by the Oklahoma Rural Association, the study from the University of Central Oklahoma “showcases the detrimental impact of the Energy…
PlanAdviser, Alex Ortolani Two-thirds of Baby Boomers turning 65 between 2024 and 2030 will not be financially prepared to maintain their pre-retirement lifestyles, especially when taking into account gender, race and degree of education, according to research released Thursday by the Alliance for Lifetime Income. Due to the lack of financial preparedness, more than half of 30.4…
CNN, Nicole Goodkind Eric Payne, a 37-year-old single father to two boys, works hard to stretch his paycheck each week. It’s a task he refers to as “clicking.” He makes a good salary – in the $80,000 range – but by the time all of the essential expenses have clicked into place, there’s not much…
Arizona Capitol Times, By Tim Hill Everyone saving for retirement needs certainty. They must trust that their savings are safe, that the professionals entrusted with this vital responsibility are focused on maximizing returns and increasing investment opportunities. That’s why when it comes to retirement savings and pensions for firefighters, police officers, nurses, teachers, and other…
By Daniel Medina and Bob Ortega, CNN When Missouri Secretary of State Jay Ashcroft jumped into the state’s gubernatorial race last year, the Republican vowed to tackle a slew of culture war issues, promising to fight the “woke politics” of “left-wing” banks and touting how he used his position to enact a regulation targeting those financial firms. Ashcroft…
USAToday, Daniel de Visé The youngest baby boomers, born in the era that spawned Beatlemania, face a looming retirement crisis, researchers have found. “Late boomers,” Americans born between 1960 and 1965, have less retirement wealth, and much less retirement savings, than either older boomers or “war babies,” generations born between 1942 and 1959, according to a…
BY SARAH E. HUNT, OPINION CONTRIBUTOR – thehill.com In 2023, during state legislative sessions, approximately 165 bills were framed around using environmental, social and governance (ESG) investment criteria. Such bills will likely continue to be presented in state legislative sessions this year, but the new trend is to take this issue to the courtroom. Before the holidays,…
By Nick Sobczyk , author of Axios Pro: Energy Policy – axios.com Some conservatives want Congress to stop politicizing ESG. Driving the news: A coalition of center-right and free-market groups sent a letter to Financial Services Committee leaders Thursday arguing that legislators shouldn’t “pass more bans or mandates targeting the investment decisions of individuals, pension funds, or businesses.”…
BY CASEY QUINLAN – kansasreflector.com Republican state policymakers’ efforts to boost fossil fuels by prohibiting their governments from doing business with companies that take sustainability into consideration has the potential to cost states millions, according to a study released Thursday. Researchers looked specifically at the possible effects on Florida, Kentucky, Louisiana, Missouri, Oklahoma and West Virginia if…
Tennessee Attorney General Jonathan Skrmetti probably does not read the academic journal Managerial Finance, but at the start of this month a guest editorial there nicely summarized some very relevant work casting doubt on a bizarre and unnecessary lawsuit Skrmetti is pursuing. In our name, Tennessee’s AG is suing BlackRock, a large asset manager with…
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