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Billionaire David Booth helped pioneer index investing. Here’s his advice for investors.

Index investing pioneer David Booth has a simple message for people navigating volatile financial markets: Stay calm and keep investing. Booth, a billionaire several times over whose Dimensional Fund Advisors manages $1 trillion, expands on that advice in a new book, “Stay Calm: Learn to Embrace Uncertainty in Investing and Life,” scheduled for publication on Sept….

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National debt tops $40 trillion after doubling in less than a decade, Treasury data shows

The national debt topped $40 trillion, according to Treasury Department data released on Wednesday, representing a fiscal milestone that underscores the federal government’s mounting borrowing and interest costs.   The Treasury Department’s daily financial report shows that the nation’s debt reached $40.05 trillion on August 18, more than double its level in 2017. The federal debt has…

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