40%
Coverage of 40% in the Nexus archive.
- One chart shows how small businesses are ramping up a favorite worker perk
Small businesses are increasingly offering retirement plans, leading to millions more workers having access than they did in 2019. This trend is driven by factors including state mandates and the need for small firms to stay competitive against larger corporations in the talent market. High-growth sectors include public administration, professional services, and finance.
- The Book Rack is closing after 49 years. I’m not the only one struggling to say goodbye
The Book Rack, an independent used bookstore in Denver's University Hills neighborhood, is closing permanently on Sept. 13 after 49 years of business. Owner Cathi Kern said she was forced to shut down the shop due to financial reasons, calling the closure 'mostly bitter.' The store served as a long-term fixture for many customers who cherished their memories there.
- 3 big questions to ask Mom and Dad before you make a major financial commitment
Making major financial decisions does not require relying solely on formal education; calling parents for advice can be financially savvy. Parents bring decades of lived experience through various economic cycles and challenges, which provides valuable 'scar tissue.' The article advises that grown children should seek wisdom or financial advice from their parents, rather than asking them for direct financial support.
- Sandwich generation caregivers younger and less prepared than ever
The 'sandwich generation' increasingly faces dual caregiving responsibilities for both children and aging parents, with average burdens starting around age 34. Caregivers report feeling unprepared for this stress, which is comparable to a second full-time job, leading to significant financial strain. This burden often results in career sacrifices, forcing workers to lower retirement contributions and impacting their ability to give their all at work.
- I was obsessed with looking rich and overspent in my 20s. Then one HR meeting exposed how little I knew about money.
Haley Sacks describes how lacking basic money skills was exposed to her during a job interview HR meeting about 401(k) contributions. This realization made her understand that despite having creative talent and knowledge of pop culture, she did not understand essential adult finances like retirement accounts or the S&P 500.
- 5 hospitalized after rollover crash on 405 Fwy in L.A.
Five people were hospitalized after a rollover crash occurred on the 405 Freeway in the San Fernando Valley. Los Angeles Fire Department crews responded to the incident near the Victory Boulevard exit in Van Nuys.
- Small businesses are using a classic benefit to stay competitive in attracting and keeping workers
Small businesses are increasingly using 401(k) plans—a benefit often associated with larger employers—to maintain competitiveness in attracting and keeping workers. Offering a 401(k) can act as an alternative to more expensive benefits and has been found to translate to roughly 8% fewer quits during the first year of employment.
- 5 people hurt after 2 vehicles crash and roll down 405 Fwy embankment in Van Nuys
Five people were injured after two vehicles crashed and rolled down a 405 Freeway embankment. The incident occurred on Saturday and resulted in the vehicles falling approximately 200 feet down the slope. The crash landed near Woodley Park in Van Nuys.
- I’m 63 and a retired CPA. I have a $1.2 million 401(k). Do I need a Roth conversion?
A 63-year-old retired CPA and account holder of a $1.2 million 401(k) is questioning the necessity of a Roth conversion. The individual stated that they do not anticipate their marginal tax rate changing materially in the future.
- Hiltzik: Ordinary Americans struggle to fund their 401(k) plans while plutocrats fill theirs with tax-free millions
Hiltzik reports that ordinary Americans struggle to fund their 401(k) plans while plutocrats accumulate millions tax-free. The article notes that tax-advantaged retirement accounts, initially devised for the middle class, have been exploited by the rich. Consequently, plans are now being considered to close these financial loopholes.
- Generation Z trusts crypto while saving money in 401(k) plans
Generation Z shows growing reliance and trust in crypto, creating a generational divide regarding investment strategies. According to an OKX sponsored survey, 40 percent of Generation Z and 41 percent of millennials reported feeling confident about crypto platforms.
- No charges after 2 fatal Warren shootings ruled self-defense, defense of others
The Macomb County Prosecutor’s Office declined to authorize charges for two separate fatal shootings that occurred in Warren, determining both incidents were justified self-defense or defense of others. The first incident involved a brother shooting a man who had assaulted his father; the second involved a boyfriend shooting an uninvited man after he confronted the victim's current partner.
- TSMC's July revenue surged, running ahead of its own full-year growth target
TSMC posted strong sales for July, reporting NT$467.58 billion from the world's biggest chip manufacturer. This revenue figure surpassed the company's internal objective of achieving 40% full-year growth.
- Heaps of documents, endless trials: the herculean workload of Hong Kong’s judges
Hong Kong's judges face an overwhelming workload, exemplified by a barrister reviewing over 40,000 pages of documents. An 18-year-old intern observed the intense, document-heavy nature of legal work, which contrasts with common perceptions of a barrister's role.
- Someone Is Mysteriously Snapping Up Used Books Around the World
AI companies are accused of destroying rare books by scanning and discarding them to train models, sparking public concern and criticism from figures like Michael Burry and Elon Musk. A 404 Media article linked ISBNdb to bulk book purchases, though no direct evidence connects the company to rare book acquisitions. Documents reveal at least one AI company destroyed millions of books in 2024 to avoid training on AI-generated text, which risks 'model collapse.'
- Driver charged with 4th DUI after THP trooper injured in crash on I-65
A 40-year-old woman was charged with a fourth DUI after a crash on Interstate 65 in Nashville that injured a Tennessee Highway Patrol trooper. She was taken into custody following the incident.
- The 40-Day Operation Deadline
On Aug. 4, the 40-day operation announced by Zelensky to pressure Russia into a ceasefire concluded. The operation aimed to increase pressure on Russia, though few anticipated Russia would halt its actions.
- L.A. driver accused of assaulting officer in custody after chase
A man is in custody after a police pursuit that began in the San Fernando Valley and continued through Venice and Century City. The chase started around 9:30 p.m. and involved the 405 Freeway before exiting to surface streets. The driver is accused of assaulting an officer.
- Novato police order residents to shelter in place after shooting
Novato police ordered residents on Calle Arboleda and Alameda del Prado to shelter in place as they conduct an aerial and ground search for shooting suspects who are at-large. The order followed a shooting incident on the 400 block of a street in the area.
- Telangana’s EAGLE busts inter-state ganja trafficking network in Khammam, seizes 400 kg of contraband worth ₹2 crore
Telangana’s EAGLE busts an inter-state ganja trafficking network in Khammam, seizing 400 kg of contraband valued at ₹2 crore.
- 2 arrested after more than 70 vehicles pulled over in Mt. Juliet school zones on first day of classes
Mt. Juliet Police conducted 72 traffic stops in school zones on the first day of classes, resulting in two arrests. One arrest involved a man with a revoked license and outstanding warrant, while the other involved a woman found with methamphetamine. Officers issued 50 warnings and 21 citations, including 15 for cell phone use while driving.
- Three lions at Tokyo zoo die from suspected heatstroke as parts of Japan hit 40°C - and experts warn animals at UK zoos could be next
Three lions at Tokyo zoo died from suspected heatstroke as parts of Japan reached 40°C, with experts warning that UK zoos may face similar risks.
- ‘Don’t Flock me’: California, US lawmakers debate license plate reader technology
California lawmakers and police departments debate the use of automated license plate reader technology, with Democrats proposing stricter data retention and access limits to address privacy concerns. Critics highlight misuse cases, including unauthorized sharing with federal authorities and a Texas officer's search for an abortion-related suspect, while law enforcement opposes new restrictions.
- ‘Don’t Flock me’: California, U.S. lawmakers debate license plate reader technology
California lawmakers debate restricting automated license plate readers (ALPRs), which assist in solving crimes but face privacy concerns. A bill by Sen. Sabrina Cervantes would limit data retention to 30 days and restrict access, opposed by police agencies. Critics cite misuse cases, including data sharing with federal authorities and tracking individuals related to abortion issues.
- ‘I’m easing into retirement’: I’m getting an $80,000 pension payout. Where can I invest it safely?
A person is transitioning into retirement with an $80,000 pension payout and is seeking safe investment options. They plan to delay taking distributions from their 401(k) account for several years.
- Is China’s climate returning to that of Tang dynasty golden age? Experts warn of a trap
Local media in China's Ningxia Hui autonomous region is highlighting increased rainfall and a northward shift of the 400mm precipitation line, suggesting potential climate benefits for agriculture. Experts, however, caution against overestimating these changes, warning of possible environmental or climatic risks.
- I'm in my 50s, can't find a job, and am already draining my 401k. I've never felt closer to failure.
Laura Lynch, in her 50s, was laid off in 2025 and struggles to find a job, leading her to drain her 401k and consider downsizing. She is taking a healthcare coding course and exploring remote work opportunities to adapt to the competitive job market.
- Polish Police Arrest Suspect in Attack on Ukrainian Woman
Polish police in Gdynia arrested a 76-year-old man for allegedly attacking a 40-year-old Ukrainian woman with a wooden cane on July 30. The woman sustained non-life-threatening injuries and was released, with police stating no evidence of national hatred was found.
- The Father of 401(k) Has A New Retirement Plan
Ted Benna, known as the 'Father of 401(k)', co-created Radish, a new employer-funded retirement plan that allows employees to access funds for immediate financial needs like car repairs or medical expenses without relying on paycheck deductions. The plan addresses the issue of many people lacking the ability to contribute to traditional 401(k)s.
- You need $2 million to retire and ‘almost no one is close,’ BlackRock CEO warns, a problem that Gen X will make ‘harder and nastier’
BlackRock CEO Larry Fink warns that Americans are significantly underprepared for retirement, citing a survey showing most have saved less than 7% of the $2.1 million needed. He highlights challenges like rising life expectancy, the reliance on 401(k)s without clear guidance, and the impending retirement of Gen X, which will exacerbate the crisis.
- Mercedes GLA is the German brand's new electric family car with 408 miles of range
Mercedes GLA is the German brand's new electric family car with a 408-mile range. It is positioned as a long-range electric vehicle option for families.
- He works 3 jobs and may have to drain his retirement to afford a $600 student-loan payment surge
Luke Helton, a 33-year-old working three jobs, faces a $600 monthly student-loan payment increase under a Trump-era repayment overhaul. He borrowed $80,000 for undergrad and $119,000 for law school, with an additional $103,000 in loans from his stepdad. He may drain his retirement savings or file for bankruptcy to cover the payments.
- Man dead following scooter crash in Peyton Thursday evening
A 40-year-old man died after a scooter crash in Peyton, Colorado, Thursday evening. He was carrying a case of beer and riding with one hand when he lost control, hit a curb, and was pronounced dead at the scene. The Colorado State Patrol is investigating the cause of the crash.
- House of horrors: Bronx grandmother and mother charged for allegedly starving autistic boy to death, police say
Two Bronx women, Denise Jarvis and her daughter Geneva Jarvis, were charged with murder for allegedly starving their 16-year-old autistic son, Adonis Jarvis, to death. Adonis and his twin brother, both autistic and nonverbal, exhibited severe malnourishment and neglect before his death in March, leading to a grand jury indictment and arraignment on July 30.
- 1 injured in accidental shooting in Pompano Beach, deputies say
One person was injured in an accidental shooting at an apartment complex in Pompano Beach on Wednesday night. The victim was taken to a nearby fire station before being transported to a hospital. Broward Sheriff’s Office detectives are investigating the incident.
- These psychedelic images reveal what your weather app isn’t telling you
A professor uses a Flir camera to demonstrate how artificial turf and urban infrastructure like highways absorb and radiate heat, creating hotter microclimates than natural surfaces. The study highlights health risks for athletes and pedestrians due to extreme surface temperatures.
- Insane police chase caught on camera as dangerous high-speed driver rips across Los Angeles
A dangerous high-speed police chase occurred in Los Angeles, with a reckless driver traveling across the 405 and 110 freeways to downtown. The incident was captured on camera.
- BREAKING: 17-year-old boy dead after an e-bike crash near City Hall in Lower Manhattan
A 17-year-old boy operating an e-bike died after colliding with a 2008 Chevrolet Tahoe SUV near City Hall in Lower Manhattan. The SUV driver, a 40-year-old woman, remained at the scene, and police are withholding the victim's identity pending family notification.
- More European tourism destinations are hit by wildfires as villages are evacuated on top Greek holiday island and France battles flare ups in 40C heat
More European tourism destinations are experiencing wildfires, with villages evacuated on a top Greek holiday island and France managing flare-ups amid 40C heat. The incidents highlight growing wildfire challenges across the region during peak travel periods.
- Tanzania: 400-KV Chalinze-Dodoma Power Project Nears Completion Before Starting Services in Mid-August
TANESCO has announced that the 400-kilovolt Chalinze-Dodoma power transmission line is 94 per cent complete, with the project scheduled for completion by August 21, 2026, and services expected to start in mid-August.