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  The majority in BoomerVille exist in a sustained sense of dread. Typically, we hold our breath about money, health and if the children can hang onto their jobs. However, some days are actually ones in which we not only can exhale but feel satisfied that we made some smart decisions. For example, those of us who had let go of our lives in HCOL areas such as Metro New York and embraced a fresh start in LCOL locations like Toledo, Ohio have been experiencing Tender Mercies. My apartment complex is among those in pockets of civilization which aren 't  raising the rent at lease renewal time.  At least not this year. On the table now for me is the possibility of a week at Geneva on the Lake. A snippet of pleasure.  That's become affordable for my new budget, even with crazy gas prices. Another smart decision I made was talking turkey with the car insurer. Was I carrying too much coverage? Now my monthly nut is $60 less. That will go down even more at the end of August w...

Principles, institutional and individual, have ballooned into a big issue. A very sticky one.  Paul, Weiss' decision to cut a deal with the Trump administration to lift an Executive Office in March 2025 rocked the legal sector. It continues to throw shade on the reputation of that law firm. The leader who symbolizes it - Brad Karp - hasn't been able to defend it effectively. That's despite his being a skilled defense lawyer.  And now we have this further development. It's rocking media. And at a time when media itself is being judged harshly. Or simply being blown off as irrelevant.  At CBS, Scott Pelley decided to stand up for what he determined was the editorial integrity of "60 Minutes." No newbie in corporate he had to know he risked being fired for cause. And that he was.  The more than 1,300 comments to The Wall Street Journal coverage of that drama indicate a broad range of opinion about the stance which Pelley took. Of course, out there, to some Pelley...

Few anticipated this: Milbank kicked off salary raises for associates. The new range is from $235k to $455k. McDermott followed. Giving how Big Law operates, other large law firms and elite boutiques probably will match or exceed. But all associates should hesitate to celebrate by purchasing new luxuries. With AI and other challenges to the business of these law firms associates' long-term employability is iffy. SCOTUS chief justice John Roberts, Paul, Weiss partner Brad Karp and Quinn Emanuel co-founder John Quinn all predict significant reductions in demand for junior lawyers.  Right now the good times are rolling for Big Law. The leadership needs associates. But that situation could change soon enough. In coaching, I guide clients to anticipate the bottom falling out of how they earn a living. Careers? So Over. It’s about Earning a Good Living. No matter what. Complimentary consultation. No Pressure. Street-smart Guidance. Contact Jane Genova janegenova374@gmail.com.

  The sweater industry might have gotten a major boost in marketability since it's taken on symbolic importance. The media, ranging from The Wall Street Journal to Fox News, has been having a few very good days detailing how the message-management folks employed by Bill Gates focused on his sweaters. The objective is reported to be to soften the negatives in how Gates came across. There was even the lofty expectation that this tycoon, once accused of being a monopolist, could be reset as a techie version of Mr. Rogers.  The buzz on social network "X" has extended the weighty matter of the sweater to Apollo CEO Marc Rowan. It was called to our attention that maybe just maybe Rowan also was attempting to retrofit his persona with a sweater topped off with a cute white collar. Ever since Tom Wolfe's satire on Wall Street "Bonfire of the Vanities," Masters of the Universe like Rowan have come off badly. A little humanizing can go a long way. Well, shame on me. ...

This isn't what we Boomers had hoped for. Meanwhile, high gas prices in themselves are a Debbie-Downer. But worse is contemplating that they might not go down any time soon, no matter the geopolitical developments.  Dow Jones Industrial Average Index Index: DJI Compare 50,865.27 USD ▼ -167.19 (-0.33%) today  

  FUTURES IND Close Future Change 51,032.46 51,120 +43 FAIR VALUE FUTURES (5.46) FV Close Future Impl Open 51,082.46 51,120 +37.54