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Beware: Taking a loan from your 401(k) does come with risks

Beware: Taking a loan from your 401(k) does come with risks

Finance
For some workers, a 401(k) plan loan seems like a perfect way to access money: You borrow from your own account and repay yourself with interest. Yet if you’re considering joining the ranks of borrowers, you might want to think twice. “A 401(k) loan can sound appealing, but taking a loan from your account can have a negative impact on the success of your retirement plan,” said Ryan Fuchs, a certified financial planner with Ifrah Financial Services. Each year, about 11 million workers turn to their 401(k) plan to ...
GOP risks fallout from Justice Department move on health law

GOP risks fallout from Justice Department move on health law

Health
The Trump administration's decision to stop defending in court the Obama health law's popular protections for consumers with pre-existing conditions could prove risky for Republicans in the midterm elections — and nudge premiums even higher. The Justice Department said in a court filing late Thursday that it will no longer defend key parts of the Affordable Care Act, beginning with the unpopular requirement that people carry health insurance, but also including widely-supported provisions that guarantee access for people with medical problems and limit what insurers can charge older, sicker adults. Friday, the insurance industry warned in stark terms of "harm that would come to millions of Americans" if such protections are struck down, causing premiums "to go even higher for older...

Eight Geopolitical Risks That Could Send Oil Prices Surging

Finance
[unable to retrieve full-text content]The geopolitical risk premium has taken center stage as one of the key drivers of oil prices in recent months, often trumping fundamentals to send prices soaring on concerns about where the next sudden oil supply disruption would come from. In recent weeks, a perfect storm of nearly erased global oil glut and Latest Articles in
Feed the birds, but be aware of risks, say wildlife experts

Feed the birds, but be aware of risks, say wildlife experts

Science
Scientists are warning of the risks of wild birds spreading diseases when they gather at feeders in gardens.Experts led by Zoological Society of London say people should continue to feed birds, especially in winter, but should be aware of the risks.If birds look sick, food should be withdrawn temporarily, they say.The review of 25 years' worth of data identified emerging threats to garden birds. Finches, doves and pigeons are vulnerable to a parasite infection. Meanwhile, a form of bird pox is becoming more common, causing warty-like lumps on the bodies of great tits and other birds.Other disease threats, such as salmonella, appear to be declining."Our study shows how three of the most common diseases that affect British garden birds have changed both dramatically and unpredictably over th...
Midday Update: Stocks Retreat From Record Highs as Wall Street Assess Geopolitical Risks, Tax Reform Debate

Midday Update: Stocks Retreat From Record Highs as Wall Street Assess Geopolitical Risks, Tax Reform Debate

Finance
Shutterstock photoWall Street's major indices retreated from record highs into negative turf on Tuesday as tax reform debate in Congress along with fresh geopolitical risks in the Middle East rekindles risk aversion.Financial stocks are leading decliners with Dow component stocks Goldman Sachs ( GS ) and JP Morgan ( JPM ) causing the bulk of the blue chips' losses. The energy sector is also underwater after West Texas intermediate ran into profit-taking before challenging the $ 60 per barrel mark.US stocks were flat to slightly lower at the open in sympathy with European bourses, which reversed early gains following a significant miss on German production data along with worries about war erupting between Saudi Arabia and Iran, as well as the fallout from the "Saudi purge" this weekend.S...