Hi, MarketWatchers. Don’t miss these top stories.
Inflation isn’t reason enough for a hardship withdrawal, but you can get money from your retirement if you follow these rules
There are strict rules for taking money out of a 401(k) or IRA, which you have to master if you need access to your savings. Read More
‘The recession debate is not a parlor game’: A downturn would hit low-income people the hardest, says Moody’s Zandi
Mark Zandi, chief economist at Moody’s Analytics, says the Fed must ‘be careful not to overdo the monetary tightening and push the economy into recession.’ Read More
Inflation hit Americans’ wallets hard this year — here’s what they plan to do about it in 2023
While consumers look at their finances, can a year-end deal on Capitol Hill help? Read More
Blinged-out Brooklyn bishop who was robbed during sermon hit with federal fraud and extortion charges
Lamor Whitehead, who made headlines when gunmen stole $1 million in jewelry from him, is accused of ripping off parishioners and lying to the FBI. Read More
LEDs will replace all traditional light bulbs under Biden administration rules
Light-bulb efficiency rules would effectively phase out compact fluorescent bulbs and move households decisively to LEDs Read More
Builder sentiment fell every single month in 2022. Builders say there’s a silver lining.
Homebuilder sentiment dropped for the 12th straight month, as inflation, rates and construction costs stay high, the National Association of Home Builders said Read More
Buying gifts? Why ‘buy now, pay later’ could be a dangerous option for many holiday shoppers
If you can’t afford the full price now, what makes you think you’ll be able to afford it in six weeks? Read More
Car shoppers face the tightest credit market in more than a year, but there’s good news
The average new car price now stands at a record $48,681, and access to auto credit tightened in November. But there’s one bright spot. Read More
