When a 401(k) balance starts to matter more than a bragging point, people in their 50s start paying attention. This is the decade when retirement savings should be strongest and stocks highest. According to Empower data, the average 401(k) balance for 50-year-olds is $635,320. This looks solid until you see the median balance of $253,454. … Read more
Here’s what you’ll learn from reading this story: Einstein’s Theory of General Relativity, a hugely important update to Newton’s Law of Universal Gravitation, is currently our best approximation of how the universe ticks. But there are some holes in Einstein’s theory, including some gravitational strangeness around low-acceleration “broad-bin” stars. A study claims that the behavior … Read more
The Trump administration is urging American citizens to leave Iran immediately as the president escalates his threats to use military action against the Middle Eastern nation amid a violent government crackdown on protesters. The US military is also withdrawing some personnel from its largest airbase in the Middle East in Qatar on January 14, according … Read more
Here’s what you’ll learn from reading this story: Researchers recently spotted an ancient Maya city using LiDAR. It is located in the Balamakú ecological reserve on the western side of the Yucatan Peninsula. Further investigation on the ground revealed a range of complex structures in an area that were largely unknown to researchers. The range … Read more
The Secretary General of NATO said that up to 25,000 Russian soldiers are being killed in Ukraine every month. Mark Rutte described the cut as “unsustainable” for Moscow. This suggests that a breaking point has been reached, although it is not yet clear when. Russia’s military is suffering heavy losses in fighting in Ukraine, with … Read more
Mortgage rates have rebounded from recent lows, but remain below 6%. According to Zillow, the average 30-year fixed rate is 5.93%. Meanwhile, the fixed rate of a 15-year home loan is 5.40%. Zillow collects rates from those offered in its lender marketplace. Here are the current mortgage rates, according to the latest Zillow data: 30 … Read more
Over the past several months, Chicago, Minneapolis and St. Paul have seen a dramatic escalation in federal immigration enforcement along their cold streets, with agents arresting thousands – including some US citizens – in neighborhoods, malls, schools and during protests. The increase is the result of the Trump administration’s commitment to crack down on immigration, … Read more
Senate Minority Leader Chuck Schumer says he expects Republican President Donald Trump to try to interfere in the midterm elections, saying raids by immigration agents in major cities are creating a sense of chaos that voters will reject in November. The comments were part of a wide-ranging 20-minute Associated Press phone interview with the New … Read more
We asked members of the BuzzFeed Community to tell us the dumbest things they’ve heard someone say. Here are the hysterical (and disturbing) things they heard their friends and family say: 1. “A relative, and her family, insisted that the capital of Africa was Africa City.” —Anonymous Peacock 2. “I’m 14 and so is my … Read more
Veteran businessman and founder of Thinkorswim Tom Sosnoff is a contrarian by nature. And where the markets are currently trading, it has set off a few internal alarm bells. “It’s not that I think we’re going to come and crash or anything like that, but I just think the odds favor the downside in the … Read more