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Iran War Is Draining World's Oil Buffer at an Unprecedented Pace BloombergChevron CEO says shortages in oil supply will begin appearing ReutersShell CEO says oil market is short nearly 1 billion barrels due to Iran war, and the hole deepens every day CNBCThe world has plenty of oil, but a different shortage is emerging Business Insider
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The post-inflation job market has been especially hard for new grads, but there are ways they can help themselves prepare for the search.
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Gold and gold miners perform best right after investors give up. This "extreme pessimism" is the contrarian tailwind the market has been waiting for.
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São Paulo exchange emerges as indirect beneficiary of turmoil in the Gulf
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Investors weighed data on the American jobs market and conflicting signals about status of the conflict in the Persian Gulf.
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Apollo CEO Marc Rowan warned that markets face an elevated risk of unexpected shocks, saying he is positioning the firm defensively for an expected correction.
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 Fed Chair Jerome Powell said the central bank could raise interest rates again if the economy and labor market don't cool down.
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If you're like most Americans nearing retirement, you're worried about whether you have enough savings. In fact, only 22% of those approaching retirement believe they've saved enough to retire comfortably.
At a time when the stock market is down, inflation is rising and Americans are living longer than ever, concerns over the sustainability of retirement savings are no surprise. What you may not realize is that there are approaches that can stretch the savings you do have to position yourself more favorably in retirement.
SEE MORE Even the Experts Can't Figure Out How to Plan for Retirement Income
One such strategy is Roth IRA conversions. Essentially, when you make a Roth conversion, you pay the taxes that would otherwise be due during retirement at the time you convert. Then, when you retire, you've already paid the tax that you would otherwise pay during retirement on required minimum withdrawals (RMDs) from traditional IRAs. As tax laws currently stand, those withdrawals must begin at age 72.
By engaging in Roth conversions, you gain freedom from at least some of your RMD requirements, while also positioning yourself to ultimately pay lower taxes in retirement. In this article, I'll walk you through the four-step process you can follow to lower your taxes and stretch your savings dollars further in retirement.
Step #1: Assess Your Retirement Savings
The first step in this process is to analyze your retirement savings. By
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