by Yahoo.com | Aug 12, 2023 | alerts, Markets/Economy
The number of workers looting their retirement savings is escalating. In the second quarter, the tally of folks taking hardship withdrawals from their 401(k) was up 12% compared to the first three months of the year and leapt 36% year over year, according to a...
by Yahoo.com | Jul 6, 2023 | alerts, Markets/Economy
The share of workers robbing from their future selves remains at an all-time high. Thirty-seven percent of workers have taken a loan, early withdrawal, and/or hardship withdrawal from their 401(k) or similar plan or IRA, according to a survey released Thursday by the...
by Yahoo.com | May 7, 2023 | alerts, Markets/Economy
It’s premature to declare any winners in the electric vehicle competition, Warren Buffett said on Saturday. There’s just too much uncertainty in the sector. “You will see a change in the vehicles, but you won’t see anyone that owns the market...
by Yahoo.com | Feb 22, 2023 | alerts, Markets/Economy
U.S. homeowners have lost $2.3 trillion since June, according to a new report from the real-estate brokerage Redfin. The total value of U.S. homes was $45.3 trillion at the end of 2022, down 4.9% from a record high of $47.7 trillion in June. That figure signifies the...