40%

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.

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.

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 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 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.

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 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.

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.

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.'

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.

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.

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 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 an inter-state ganja trafficking network in Khammam, seizing 400 kg of contraband valued at ₹2 crore.

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 died from suspected heatstroke as parts of Japan reached 40°C, with experts warning that UK zoos may face similar risks.

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.

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.

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.

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.

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 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.

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.

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 a 408-mile range. It is positioned as a long-range electric vehicle option for families.

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.

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.

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.

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.

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.

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.

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 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.

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.

A 40-year-old man was charged with Attempted Murder in the Second Degree after allegedly stabbing his relative in a Mililani home over the weekend.

A big rig blew a tire on the northbound 405 Freeway, causing traffic to slow to a crawl at the Sepulveda Pass. The incident forced the truck to cross all northbound lanes and crash into an embankment.

The article discusses how coordinating 401(k) contributions with a spouse can lead to significant retirement wealth growth. It highlights the challenge couples face in discussing financial matters openly.

A 47-year-old woman was hit and killed by a 40-tonne truck while exiting her overturned car after a crash, according to an inquest. The incident occurred during her attempt to clamber out of the vehicle following the collision.

The family of Romanch Mahajan, a teen killed in a carriage crash, gathered in Central Park to commemorate his life and advocate for ending horse-drawn carriages in the park. The incident occurred when an out-of-control carriage horse bolted, leading to his death over a month ago.

Telangana High Court ordered the removal of HYDRAA Commissioner A.V. Ranganath due to a contempt case involving a disputed 40-acre land parcel in Lothkunta village. The agency allegedly proceeded with actions on the land despite an undertaking not to interfere.