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More Americans tapping 401(k)s to pay for financial emergencies

More Americans are raiding retirement savings to cover emergency costs and obtaining early withdrawal from 401(k). 4.8% of account holders received a difficult withdrawal last year from 3.6% in 2023. According to Vanguard Groupsurveyed data from nearly 5 million people with 401(k) type accounts. A difficult withdrawal allows savers to tap the retirement fund early […]

Court filing reveals Hunter Biden’s financial issues related to Palisades Fire

Hunter Biden's legal team recently filed a motion to stop the lawsuit against a former white house aide who released the contents of the infamous laptop, citing financial issues. The allegations filed in Los Angeles on Wednesday are linked to the former eldest son's lawsuit against Garrett Ziegler. Court documents obtained by Fox News show […]

Red Robin considers closing 70 locations amid financial woes

Red Robin is the latest in the growing number of fast food eateries planning to close low-performing locations following the high financial difficulties. The chain on Wednesday announced it was weighing the possibility of 70 locations closing once the lease expires. The company had already closed one location in the fourth quarter of 2024, recording […]

Berkshire Hathaway liquidates holdings in S&P 500 ETFs – Financial Times

Let us know about free updates Just sign up for Exchange the funds traded Myft Digest – Delivered directly to your inbox. Latest news on ETFs Visit the ETF hub for more details and explore detailed data and comparison tools Berkshire Hathaway settled the holdings of the S&P 500 ETFs from Vanguard and State Street […]

Why NYC bondholders should be very afraid of 1970s-style financial crisis

The clown car, a New York politics where the mayor hangs for his life and the left-wing assortment might drive Gotham, is an unfortunate sight. It also shows a risk to financial market chunks as it is an existential threat to investors holding billions of dollars in municipal debt in New York City, analysts say […]