Feature

The Bottom Line

As the economy stalls, record numbers of Americans are dipping into their nest eggs.

As the economy stalls, record numbers of Americans are dipping into their nest eggs. Fidelity Investments says the number of people making hardship withdrawals from their retirement plans jumped 17 percent last year. Vanguard reports a 16 percent jump. The Boston Globe

Wal-Mart last week reported surprisingly strong second-quarter sales. One reason: The retailer has cashed $350 million in federal economic stimulus checks for customers, who spend at least some of the money at Wal-Mart.Marketwatch.com

An American military supercomputer has shattered a computing milestone by performing more than 1.026 quadrillion calculations per second. The $133 million Roadrunner computer was made from components originally intended for videogame consoles. The New York Times

Mortgage delinquencies and foreclosures reached record levels in the first quarter of 2008, the Mortgage Bankers Association reported. Nationally, 6.35 percent of all mortgages were at least 30 days past due, up from 5.82 percent in the fourth quarter of last year.Los Angeles Times The end of the construction boom is hitting Latinos especially hard. More than 250,000 Hispanic workers in the construction industry have lost their jobs in the past year, helping push the Latino unemployment rate to 7.3 percent, compared with 5 percent for the overall population. The Washington Post

Recommended

Polls close in first Gambian presidential eleciton since dictator's exile
gambian election
Plonk! goes your vote

Polls close in first Gambian presidential eleciton since dictator's exile

One dead, dozens injured after volcano erupts in Indonesia
ash blanketing motorcycles
fire in the sky

One dead, dozens injured after volcano erupts in Indonesia

Le Pen, Orban, and other European populist leaders meet in Warsaw
orban and le pen
to the right now, y'all

Le Pen, Orban, and other European populist leaders meet in Warsaw

Biden weighs options as Russia masses troops on Ukrainian border
ukrainian soldiers
the gathering storm

Biden weighs options as Russia masses troops on Ukrainian border

Most Popular

Mace vs. Greene is the fight for the future of the GOP
Mace and Greene.
Picture of W. James Antle IIIW. James Antle III

Mace vs. Greene is the fight for the future of the GOP

The question that may decide the fate of Roe
Protesters.
Picture of Damon LinkerDamon Linker

The question that may decide the fate of Roe

Trump's apparently a fan of Dr. Oz's Senate candidacy
Dr. Oz.
the doctor is in

Trump's apparently a fan of Dr. Oz's Senate candidacy