401(k) Hardship Withdrawals Hit Record High

K-Shaped Economy Bites Back: Retail CRE Transactions For Shops, Malls Plunge February U.S. commercial real estate transaction activity appeared soft on the surface, but Goldman analysts believe the weak initial print will likely be revised meaningfully higher. The most notable area of weakness in last month’s transaction data was across the retail space, which is not especially surprising as the K-shaped economy continues to pressure lower-income consumers. Goldman real estate analyst Julien Blouin wrote Wednesday that the initial February reading on CRE transaction volumes showed a 13% year-over-year decline. He noted...

Trump Blinks Again, Unilaterally Extends Iran Ceasefire After Pakistan Talks Fail To Launch Summary Trump unilaterally extends ceasefire after Vance calls off trip to Pakistan - says Iranian port blockade to remain in place. Tasnim says Iran's 'final decision' is to not attend talks. Trump warns: 'Expect...bombs' & urges Tehran "release women" said to be on death row. Overnight, US forces conducted a right-of-visit, maritime interdiction and boarding of the stateless sanctioned M/T Tifani in Indo-Pac region: CENTCOM As just 12 ships have gone through Hormuz Strait in last 24 hours, Iran claims one...

Dr. Per Bylund contrasts the futility of politics with the quiet power of entrepreneurship, showing how innovative businesses like Uber and Amazon actually dismantle regulations, reshape institutions, and push the state back more effectively than any protest movement or election.