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: Plans
County officials advance plans to preserve nine farms
MOUNT HOLLY — Burlington County commissioners have taken a first step to preserve nine farms totaling almost 1,200 acres. The commissioners gave preliminary approval Wednesday for the properties to enter the county’s farmland preservation program. In a statement Thursday, the county said it will obtain appraisals to buy development rights to the farms and have […]
A historic pavilion was set for demolition. Now, the city is finalizing renovation plans
In 2021, the historic pavilion at Owl’s Nest Park in the Cincinnati neighborhoods of Evanston and East Walnut Hills was set to be demolished. But that decision was overturned and for the past two years, city leaders and residents have been working to save and restore the old structure. On Tuesday, Cincinnati Parks and its […]
China plans major reforms amid sluggish economic growth, Xi says
China’s President Xi Jinping has called for the building of “bridges” in the global economy as his nation struggles to reignite growth following the end of strict Covid-19 measures. Beijing continues to grapple with trade and territorial disputes with neighbours and trading partners, and is beset by a debt crisis in the property sector, persistently […]
Putin says Russia plans to ‘comprehensively upgrade’ its navy
Russia’s navy is set to receive more than 40 vessels this year, Vladimir Putin said on Thursday. Putin says Russia’s naval upgrades will “drastically improve its combat potential.” Russia’s war against Ukraine has seen its navy weather significant losses. Russia has been working hard to bolster its naval capabilities, the country’s leader Vladimir Putin said on […]
Massive cracks closed Central Coast highway. Here’s how Caltrans plans to fix it
A “tension crack” sliced a portion of Highway 154 open this week — and the road will remain closed until Caltrans repairs it, the agency said in a news release Thursday. Construction crews found the crack over the weekend while repairing a slip-out in the highway. Highway 154 was closed in both directions from San […]
Judge plans June 2025 trial for man accused of murdering four University of Idaho students
A judge on Thursday laid out a plan for a June 2025 trial date for the man accused of murdering four University of Idaho students almost two years ago — a sign that after months of lawyers sparring over legal motions in the high-profile case, both the defendant and the victims’ families are closer to […]
Missouri Gov. Mike Parson says he plans to veto hundreds of earmarked spending items
Gov. Mike Parson discusses his plans for the coming fiscal year’s budget Thursday following groundbreaking for a new multiagency state laboratory in Jefferson City. (Rudi Keller/Missouri Independent) Hundreds of earmarked items in the $51.7 billion budget passed by lawmakers this year will be vetoed, Gov. Mike Parson said Thursday, just days before the new fiscal […]
Mass. college announces plans to close its doors
The board of trustees at a Massachusetts college voted unanimously this week to begin the process of closing due to persisting financial issues. Eastern Nazarene College in Quincy, which was founded in 1900, has “faced significant financial headwinds” in recent years and will soon close its doors. “We know this news will come as a […]
Walgreens cuts EPS guidance, plans to close more stores
Walgreens Boots Alliance (WBA) stock plummeted 20% Thursday morning on the news the company slashed its profit guidance, the second time it has adjusted guidance downward in the year. Walgreens now estimates earnings per share of between $2.80 and $2.95, down from guidance of $3.20 to $3.35 last quarter — when it narrowed guidance on […]
Walgreens woes continue with earnings miss, guidance cut and plans to shutter more stores
Walgreens is finalizing a plan to fix its business that could result in the closure of hundreds of additional stores in the next three years. CEO Tim Wentworth told analysts Thursday morning that “changes are imminent” for about 25% of the company’s stores, which he said were underperforming. The drugstore chain currently runs more than […]
Maryland education boards scrutinize districts’ Blueprint plans to carry out prekindergarten, pay raises
Jun. 26—The Maryland State Board of Education was joined in its Tuesday meeting by another education board in the state — the one that oversees the Blueprint for Maryland’s Future — so the two entities could discuss the implementation of the landmark plan to reform public schools. The Blueprint’s independent Accountability & Implementation Board is […]