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Emne historie: Desogen: Martin-Logan Buy

Maks. visning af den sidste 6 indlæg - (Sidste indlæg først)

  • Albertsen
  • 's profilbillede
56 minutter siden
Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.

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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.

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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.

“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.

Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”

Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.

  • BillyMak
  • 's profilbillede
57 minutter siden
Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.

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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.

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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.

“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.

Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”

Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.

  • VictorCib
  • 's profilbillede
1 time 6 minutter siden
Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s

Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.

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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.

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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.

“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.

Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
kra10.net
“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”

Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.

  • Michaelemilm
  • 's profilbillede
1 time 16 minutter siden
Two strangers met on a train. Then they decided to travel the world together

“So then we just shifted to talking about other things, everyday things, in a nice, relaxed atmosphere,” says Savery. “And I was very at ease speaking with Giselle right away. We started having meals together and as the trip went on, we would spend more and more time together.”
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Over the next couple of days, Savery and Giselle also got to know the other solo travelers on board The Canadian. They became a group, and Giselle recalls plenty of moments when they good-naturedly teased Savery “because of him being the only prestige passenger.”
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She appreciated having a gang of new friends. Their company distracted from the inevitable loneliness that would sometimes settle over her in her grief.
When the train arrived in Toronto, Savery and Giselle shared a final dinner together before going their separate ways.

The reservedness that marked their first meal together had all but melted away. It was an evening marked by laughs, recalling favorite memories of the trip across Canada and talking about their lives back home.

The next day, they said goodbye. Appropriately enough, their farewell took place at a train station.

“I was taking the airport shuttle to fly back home to Boston, and Giselle was taking the train to Montreal. So we said, ‘Well, let’s just say goodbye at the train station, since we’re both going to be there at the same time tomorrow,’” recalls Savery.

“We were under the big clock in Toronto station, and she was watching the clock. She said, ‘I really gotta go. I have to catch my train.’ And I just… I said, ‘I can’t not see you again.’”

Their connection didn’t feel romantic — both Giselle and Savery were sure of that. But it felt significant. Both Savery and Giselle felt they’d met a like-minded soul, someone who could be a confidant, who could help them through the next chapter of life which they were unexpectedly navigating alone.

Saying “goodbye” felt too final. So Giselle, who is French-Canadian, suggested they say “au revoir” — which translates as “until we meet again.”

And as soon as they went their separate ways, Giselle and Savery started texting each other.

“Then the texts became phone calls,” recalls Savery.

On these calls, Giselle and Savery spoke about their lives, about what they were up to, about their interests.

“Music was like a common interest that we both shared,” recalls Giselle.

Savery is older than Giselle, and their music references spanned “different eras of music, but very compatible musical interests,” as Giselle puts it.

On one of their phone calls, Giselle mentioned she was considering booking a train trip across North America.

Soon, she and Savery were planning a train journey across the US for the fall of 2024, together.

And in the meantime, Giselle invited Savery to visit her in her home in Victoria, Canada, for a week’s summer vacation.

  • DonaldAnype
  • 's profilbillede
1 time 32 minutter siden
Zero ships from China are bound for California’s top ports. Officials haven’t se

On Friday morning, West Coast port officials told CNN about a startling sight: Not a single cargo vessel had left China with goods for the two major West Coast ports in the past 12 hours. That hasn’t happened since the pandemic.
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Six days ago, 41 vessels were scheduled to depart China for the San Pedro Bay Complex, which encompasses both the Port of Los Angeles and Port of Long Beach in California. On Friday, it was zero.
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President Donald Trump’s trade war imposed massive tariffs on most Chinese imports last month. That’s led to fewer ships at sea carrying less cargo to America’s ports. For many businesses, it is now too expensive to do business with China, one of America’s most important trading partners.

Officials are concerned not just about the lack of vessels leaving China, but the speed at which that number dropped.

“That’s cause for alarm,” said Mario Cordero, the CEO of the Port of Long Beach. “We are now seeing numbers in excess of what we witnessed in the pandemic” for cancellations and fewer vessel arrivals.

The busiest ports in the country are experiencing steep declines in cargo. The Port of Long Beach is seeing a 35-40% drop compared to normal cargo volume. The Port of Los Angeles had a 31% drop in volume this week, and the Port of New York and Jersey says it’s also bracing for a slowdown. On Wednesday, the Port of Seattle said it had zero container ships in the port, another anomaly that hasn’t happened since the pandemic.

“That’s because just nothing is being shipped over,” port commissioner Ryan Calkins told CNN’s Kaitlan Collins.

  • JamesApara
  • 's profilbillede
1 time 39 minutter siden
U.S. charges sibling leaders of ruthless

Crime
U.S. charges sibling leaders of ruthless Mexico cartel, offers $8 million reward for information leading to their capture
Updated on: April 16, 2025 / 7:02 AM EDT / CBS/AP
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Federal authorities said Tuesday that they have indicted the top two leaders of a Mexican drug cartel and are offering up to $8 million rewards for information leading to their capture and conviction.
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Johnny Hurtado Olascoaga and Jose Alfredo Hurtado Olascoaga, are accused of participating in a conspiracy to manufacture cocaine, heroin, methamphetamine and fentanyl and importing and distributing the drugs in the United States, authorities said during a news conference in Atlanta. The newly unsealed three-count indictment was returned by a grand jury in September.
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The two brothers are the leaders of La Nueva Familia Michoacana, a Mexican cartel that was formally designated by the U.S. government in February as a "foreign terrorist organization," authorities said.

"If you contribute to the death of Americans by peddling poison into our communities, we will work relentlessly to find you and bring you to justice," Attorney General Pam Bondi said in a statement.

The State Department is offering up to $5 million for information leading to the arrest and/or conviction of Johnny Hurtado Olascoaga and up to $3 million for information about Jose Alfredo Hurtado Olascoaga, who also goes by the name "The Strawberry." Both men are believed to be in Mexico, officials said.

Separately the U.S. Treasury announced new sanctions Wednesday against the two men and well as two other alleged leaders of the cartel, which the U.S. designates as a "foreign terrorist organization."

In addition to drug trafficking, the Familia Michoacana cartel has also engaged in extortions, kidnappings and murders, according to U.S. prosecutors.
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