Good times, but not for all. – Getty Images Rising numbers of Americans are making emergency “hardship withdrawals” from their 401(k) plans to avoid eviction or foreclosure, new data reveal. The data, from investment and retirement giant Vanguard, raise new fears about the looming retirement crisis facing millions—and about just how widespread the current “economic […]
Tag: hardship
This iconic MS restaurant is back open after a year of pain and hardship. See where
Like virtually everything else in the nearly 15-month journey, nothing was expected. But when Tracy Harden was able to re-open Chuck’s Dairy Bar in storm-ravaged Rolling Fork last week, all became right with the world for her. It was in March of 2023 when an EF-4 wedge tornado began to rip a nearly mile-wide scar […]
Sunak cites growing up without Sky TV as example of hardship
UK prime minister Rishi Sunak, whose family is estimated to be wealthier than Britain’s King Charles, said he went without “lots of things” as a child, including Sky TV, when asked if he was in touch with the struggles of ordinary people. Mr Sunak, the son of a doctor and a pharmacist, is the wealthiest […]
Nigeria’s ‘hardship’ economy in four charts
The News Nigeria’s economy grew at 2.7% last year, the lowest rate since the country’s recession in 2020, according to the state-run National Bureau of Statistics (NBS). The performance came on the back of reduced growth across nearly all sectors of Africa’s largest economy from agriculture and trade to manufacturing and construction. The finance sector […]