Tanker Passage Through Hormuz Halted As Iran Accuses Israel Of 'Ceasefire Breach'; Direct Talks Planned For Pakistan Friday

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...

A senior US official said that the latest offer received from Iran was unacceptable, and President Donald Trump was considering breaking the ceasefire with Iran.  According to a senior official and a second source speaking with Axios, the White House views the Iranian proposal presented to the US on Sunday as insufficient. Trump is expected […]