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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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China's Exports and Imports Set Records in April Amid High Energy Costs The New York TimesChinese Export Growth Rebounds as War Fails to Curb Trade Bloomberg.comChina April exports rebound strongly after sluggish March, trade surplus widens CNBCChina's exports jump 14% ahead of Xi Jinping-Donald Trump summit Financial Times
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US awaiting response from Iran over proposals for ceasefire deal, says Rubio The GuardianMarco Rubio says U.S. expects Iran response on peace deal 'today' CNBCMarco Rubio Melts Down at Reporter's ‘Stupid' Question The Daily BeastRubio Issues Fresh Threat to Iran Amid Stalled Peace Talks WSJ
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Hantavirus Cruise Ship: Passengers Will Be Evacuated Soon (Live Updates) ForbesUS sending charter flight to bring Americans home from hantavirus cruise ship BBCCDC says threat of widespread outbreak of hantavirus remains low NPRHantavirus: Current Situation Centers for Disease Control and Prevention | CDC (.gov)Hantavirus cases nearly doubled in Argentina in the past year. Experts say climate change is to blame CNN
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Pistons vs Cavaliers Predictions, Picks, Odds for Game 3: The James Harden Disappearing Act Action NetworkPistons 107-97 Cavaliers (May 7, 2026) Game Recap ESPNCavs vs. Pistons Game 3 open gamethread Yahoo SportsDetroit Pistons at Cleveland Cavaliers, playoffs, Game 3: Live updates The Detroit NewsNBA Playoffs Game 3 pick: Why the Cavaliers can cover the spread against red-hot Detroit Pis
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China's exports jump 14% ahead of Xi Jinping-Donald Trump summit Financial TimesChina's Exports and Imports Set Records in April Amid High Energy Costs The New York TimesChinese Export Growth Rebounds as War Fails to Curb Trade Bloomberg.comChina April exports rebound strongly after sluggish March, trade surplus widens CNBC
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Consumer sentiment hit a record low in May, the University of Michigan said, with the lowest reading among Republicans since President Donald Trump's 2024 election.
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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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