Pros and cons of 401(k) loans Should you borrow money from your retirement savings? Here’s why and why not. Josmar Taveras, USA TODAY More people are making hardship withdrawals from their 401(k) accounts, raiding retirement funds to cover emergency medical expenses or to avoid losing a home. Hardship withdrawals fromContinue Reading
The U.S. economy grew at a blistering pace over three months ending in September, more than doubling growth in the previous quarter and rebuking worries about a possible recession. The robust performance, however, complicates the fight to dial back inflation. Fresh GDP data released on Thursday, which exceeded economist expectations,Continue Reading
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 27, 2023. REUTERS/Brendan McDermid Acquire Licensing Rights NEW YORK, Oct 27 (Reuters) – Financial markets are bracing for what could be a momentous week, with a Federal Reserve meeting, U.S. employmentContinue Reading
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Apple (AAPL), the Federal Reserve and the October jobs report will headline another busy week of news. The stock market correction intensified this past week, with the major indexes all falling to multimonth lows amidContinue Reading
Instagram boss Adam Mosseri has high ambitions for Threads: he wants it to become the “de facto platform for public conversations online,” he said on Friday. Big statement to make on the one-year anniversary of Elon Musk taking over Twitter! Meta’s aspirations came up as part of a question MosseriContinue Reading
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