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Solution coming for 401(k) retirement rollovers

If you have ever had a problem with arranging a 401(k) rollover to an IRA or the 401(k) of a new employer, help is on the way ... finally.
Improvement of the process has been discussed for years. IRS Notice 2026-49 (tinyurl.com/37thus63) cited two Government Accountability Office (GAO) reports. The 2013 GAO report "401(k) ... (full story)


Why bond yields are rising and why everyone should care

Why bond yields are rising and why everyone should care

WASHINGTON (AP) — Interest rates on government bonds are rising again around the world, making borrowing more expensive for consumers and businesses and heightening concerns about whether governments are issuing more debt than financial markets can handle.
Rising bond yields are one of the few forces in the world strong en ... (full story)


AI boom heats up Bay Area housing market as wealthy buyers drive demand for high-end homes across US

AI boom heats up Bay Area housing market as wealthy buyers drive demand for high-end homes across US

LOS ANGELES (AP) — Here’s another place the AI frenzy is making itself felt: the market for luxury homes.
High-income earners, many of them employees at AI companies, are snapping up multimillion-dollar houses in the San Francisco Bay Area, undaunted by the higher mortgage rates and rising home prices that have preve ... (full story)


Local


Aaron Sorkin hits refresh on Facebook in 'The Social Reckoning'

Aaron Sorkin hits refresh on Facebook in 'The Social Reckoning'

NEW YORK (AP) — When Aaron Sorkin made 2010’s “The Social Network,” he had heard of Facebook, he said at the time, “the way I’ve heard of a carburetor.” Sixteen years later, he has a much deeper idea of what Mark Zuckerberg’s social media empire has become.
“Back then, Facebo ... (full story)


State


For a century, journalists have had a voluntary ethics code. Editors are giving it an AI-era reboot

For a century, journalists have had a voluntary ethics code. Editors are giving it an AI-era reboot

NEW YORK (AP) — Walk into a corner of a newsroom somewhere and you can often find it affixed to a bulletin board, perhaps peeking out from behind the coffee pot: the Society of Professional Journalists’s Code of Ethics. It’s less than a thousand words, fitting neatly on a poster.
But those words — organiz ... (full story)


‘I made a promise to myself’: How higher education is transforming lives in Wyoming prisons

One spring afternoon when the sun beamed down on the Wyoming Women’s Center, a prison in Lusk, six students sat in a fluorescent-lit room with laptops open before them. A brown and gold University of Wyoming banner with a cowboy on a bucking bronc hung on the far wall.
“So, who’s going first?” asked Rob C ... (full story)


What to know about the AP/FRONTLINE investigation into scam victims

Scams in the U.S. have surged to a record high, and most people have been targeted. Americans reported a record $15.9 billion in losses last year to the Federal Trade Commission — a 25% increase from 2024, and likely a huge undercount. The FTC estimates that real losses in 2024 were close to $200 billion, or about $550 million ... (full story)