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401(k) millionaires reaches record high: Fidelity

The number of 401(k) accounts with assets of more than $1 million hit an all-time high in the second quarter of 2024. analysis Fidelity Investments. There were about 497,000 so-called 401(k) “millionaires” last quarter, up 2.5 percent from 485,000 in the first quarter, according to a Fidelity analysis of 24 million 401(k) accounts across 26,000 […]

Consumer confidence reaches six-month high, but labor market worries rise

Claman Countdown panelists Scott Redler and Michael Landsberg weigh in on the possibility of a recession. We Consumer Confidence Although Americans are growing increasingly worried about the labor market after last month's rise in the unemployment rate, rising optimism about the economy helped push the unemployment rate to its highest level in six months in […]

Home prices hit record high in June amid high mortgage rates

Home prices hit new record in June Housing shortageThis is despite the fact that soaring mortgage rates continue to put homebuying out of reach for millions of Americans. Nationwide prices rose 5.4% in June from a year earlier. S&P CoreLogic Case-Shiller Index Tuesday's figure was down from 5.9% the previous month. On a monthly basis, […]

An Alabama high school quarterback died suddenly after suffering from a traumatic brain injury during the season-opening game on Friday night, according to multiple reports.

An Alabama high school quarterback died suddenly after suffering a traumatic brain injury during Friday night's season opener, according to multiple reports. John T. Morgan Academy 2024 season The game took place on Friday against Southern Academy in Selma, Alabama. “My son was an exceptional athlete, but what he loved most was talking about Jesus.” […]

Israel warns US defense chief Iran aggression has ‘reached all time high’

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