Vanguard Report Shows Record 401(k) Balances In 2025 — Here Is How You Stack Up
Vanguard’s annual How America Saves 2026 report reveals that American workers’ retirement account balances climbed to unprecedented levels last year. The average 401(k) balance among Vanguard participants reached $167,970 in 2025, nearly $20,000 higher than the 2024 average of $148,153. The median account balance also rose meaningfully, climbing from $38,176 in 2024 to $44,115 in…
Grandmother’s Joint Bank Account Sparks Family Dispute Over Inheritance Rights
When a parent dies, the division of assets can quickly become a source of tension among surviving family members, particularly when some assets fall outside the estate. A reader recently wrote to MarketWatch’s Moneyist columnist Quentin Fottrell with a question that many families face after losing a loved one. The reader explained that their grandmother…
Hormuz Reopening Offers Little Relief From Economic Damage Already Locked In, Analysts Warn
Early signs of reopening in the Strait of Hormuz have eased the most acute threat to global energy markets, but months of economic pain remain ahead. The U.S. and Iran signed a memorandum to open the strait, ending a war that has upended global energy supply chains, pushed inflation higher, and weakened the outlook for…
Two Brothers Set To Inherit $30,000 Annuity From Their Grandmother
When a parent learns their children will inherit an annuity, the financial decisions that follow can feel overwhelming without the right guidance. Annuities left to non-spouse beneficiaries, such as grandchildren, come with specific rules that dictate how and when the money must be distributed. In many cases, inherited annuities require beneficiaries to begin taking distributions…
Nevada Leads All States In Workforce Growth As AI Boom And Economic Diversification Drive Record Job Gains
Nevada’s workforce expanded 1.9% from April 2025 to 2026, outpacing every other state at a time when the national rate grew just 0.2%. That growth is striking given Nevada represents roughly 1% of the U.S. population, yet accounted for about 12% of all new jobs created nationally over those 12 months. Economic leaders say the…
Stock Markets And Banks Shut Down For Juneteenth As Mail Delivery Pauses Friday
Juneteenth, the federal holiday commemorating the end of slavery in the United States, brings a wide range of closures to financial markets, banks, and postal services this Friday. The holiday marks the events of June 19, 1865, when federal troops arrived in Galveston, Texas, informing enslaved Black people who were among the last to learn…
Why Fire Watch Services Have Become Essential for Modern Risk Management
When people think about fire safety, they often picture sprinkler systems, smoke detectors, alarms, and emergency exits. While these systems play a critical role in protecting lives and property, they are only part of a broader fire prevention strategy. What happens when those systems are temporarily unavailable, under maintenance, or not yet operational? In such…
Trump Calls Iran Agreement “Unconditional Surrender,” Claims His Presidential Power Has “No Limits”
The United States and Iran signed a landmark memorandum of understanding on Thursday, ending three and a half months of conflict that disrupted global energy markets. The agreement followed weeks of fighting that shut down the Strait of Hormuz, one of the world’s most critical chokepoints for oil and shipping traffic. President Donald Trump, speaking…
AI Imaging Startup Partners With Butterfly Network (BFLY) To Replace MRI Machines With A 60-Second Body Scan
Midjourney, the San Francisco-based AI company best known for text-to-image generation, has made a dramatic pivot into medical hardware with a new full-body ultrasound scanner. The company launched its medical division on June 18, 2026, unveiling the Midjourney Scanner, a device it claims will eventually complete a full internal body scan in just 60 seconds….
Bank Of England Holds Rates At 3.75% As Iran War Peace Deal Shifts Market Outlook
The Bank of England held its benchmark interest rate steady at 3.75% on Thursday, continuing to balance above-target inflation against weak economic output. Seven of nine Monetary Policy Committee members backed the hold at the BOE’s May meeting, in line with expectations from economists polled by Reuters. The two dissenting votes came from BOE chief…
