Hardship Withdrawals from 401(k) Plans Rise In Warning Sign of Financial Distress
By Tom Ozimek A sharp rise in the number of Americans pulling money out from their 401(k) accounts is the latest sign that the U.S. consumer may be starting to buckle as the pandemic-era jump in excess savings continues to be depleted and people are relying more and more on high-interest credit cards and retirement nest eggs to prop up spending. A new report from Bank of America (BofA) shows that…
More Stories
InvenTrust Properties (NYSE:IVT) Upgraded at Jefferies Financial Group
Jefferies Financial Group upgraded shares of InvenTrust Properties (NYSE:IVT – Free Report) from a hold rating to a buy rating...
Jefferies Financial Group Issues Positive Forecast for Wyndham Hotels & Resorts (NYSE:WH) Stock Price
Wyndham Hotels & Resorts (NYSE:WH – Free Report) had its target price lifted by Jefferies Financial Group from $107.00 to...
Welltower (NYSE:WELL) Upgraded at Jefferies Financial Group
Jefferies Financial Group upgraded shares of Welltower (NYSE:WELL – Free Report) from a hold rating to a buy rating in...
Raymond James Downgrades Parsons (NYSE:PSN) to Market Perform
Raymond James cut shares of Parsons (NYSE:PSN – Free Report) from an outperform rating to a market perform rating in...
Healthcare Realty Trust (NYSE:HR) Cut to “Underperform” at Wedbush
Wedbush lowered shares of Healthcare Realty Trust (NYSE:HR – Free Report) from a neutral rating to an underperform rating in...
A SPAC III Acquisition Corp. Announces Separation of Class A Ordinary Shares and Rights
On January 1, 2025, A SPAC III Acquisition Corp. made public that holders of the company’s units now have the...