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401(k) Hardship Withdrawals Hit Record High
401(k) Hardship Withdrawals Hit Record High
The AI bubble and data center buildout have helped catapult equity markets to new highs (pre-Middle East conflict), minting a record number of 401(k) millionaires. However, beneath the surface, hardship withdrawals from 401(k) plans have also climbed to a record, reinforcing the view that the K-shaped economy is becoming more entrenched.
Vanguard's How America Saves 2025 report shows that hardship withdrawal activity "increased to a new high" of 6% in 2025, up from 4.8% in 2024 and about 2% before the pandemic.
The increase marks the...
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Mar 13, 2026 / Tyler Durden
Trump Crosses Iran's 'Red Line' By Heavy Bombing Of Kharg Island, Endangering Energy Assets Across Region
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In what could prove to be a major step up the escalation ladder in the two-week-old US-Israeli war on Iran, President Trump on Friday evening (notably after US market closure) announced that US Central Command had carried out a major bombing raid on Kharg Island, which handles upwards of 90% of Iran's crude oil exports. Importantly, Iran has previously warned that an attack on the island would cross a red line, and precipitate Iranian...
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Mar 11, 2026 / Dave DeCamp
Sen. Blumenthal Says US ‘Seems To Be on a Path’ Toward Putting Troops in Iran
Sen. Richard Blumenthal (D-CT) said on Tuesday that the US “seems to be on a path” toward deploying troops to Iran, comments he made after a classified briefing for members of the Senate Armed Services Committee. “We seem to be on a path toward deploying American troops on the ground in Iran to accomplish any […]
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Feb 20, 2026 / Tyler Durden
Watch: School Kids Chant "F**k ICE" In Disturbing Classroom Presentation
Watch: School Kids Chant "F**k ICE" In Disturbing Classroom Presentation
Authored by Steve Watson via Modernity.news,
A disturbing video has surfaced showing middle school students delivering a classroom presentation that openly attacks U.S. Immigration and Customs Enforcement (ICE) and promotes unchecked immigration.
Dressed in black hoodies, the boys stand before their peers, chanting profanities and gesturing defiantly against the agents protecting America’s borders.
The footage captures the students declaring “F*ck ICE” while raising their middle fingers to federal immigration enforcement.
Students give a presentation to their class about being pro-immigration and against police officers and ICE
They...
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