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Boeing Co. has won a contract valued at $ 4 billion for fighter jet fleet upgrades for the Saudi Arabian Air Force, the Pentagon said on Friday. The procurement order covers conversion of 68 F-15s to Saudi Air Force specifications, and four base stand-up kits. The Pentagon said the work, expected to be completed by December 31, 2019, would be done at Robins Air Force Base in Georgia. (Reporting By Ros […]

NEW DELHI India’s Finance Minister P. Chidambaram exudes the self-confidence of a man who, in the eyes of India’s cheerleading financial markets, can do little wrong. In the 11 weeks since he took office, the benchmark BSE index has surged around 8 percent, due in large part to his hard-charging drive to boost investor sentiment that had soured under his predecessor, Pranab Mukherjee. But the reality is the steps taken so far will not fix the sluggish economy in the near term, and the window of opportunity for implementing game-changing reforms such as slashing government spending on fuel, food and […]

Dear Dr. Don, I’m 59 ½ and considering refinancing my home’s current 28-year mortgage of $ 295,500 at a 4.375 fixed interest rate to another 30-year mortgage with a 3.25 fixed interest rate. It will reduce my monthly payment by $ 200 but take my mortgage back up to $ 301,000. Would you consider this to be a good move? I’m attempting to downsize and position myself to a place where, when I retire, my pension can cover my housing arrangements as well as basic needs. Also, I may need to retire early and relocate to the East Coast sometime […]

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