Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s (4/15/2025)
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.

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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.

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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.

“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.

Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
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“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”

Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.

Jimmydrerb - Mali
base bridge (4/15/2025)
Why there’s a huge collection of vintage cars stored in the middle of the desert
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Back at the turn of the 21st century, Qatar was a country with few cultural attractions to keep visitors and residents entertained. Yet the Sheikh Faisal Bin Qassim Al Thani Museum — known as the FBQ Museum — was a place that most people visited as an alternative to the then-still rather ramshackle National Museum of Qatar.

You had to make an appointment, and drive out into the desert, getting lost a few times along the way, but then you were welcomed to the lush Al Samriya Farm with a cup of tea and some cake. The highlight was being allowed into a space crammed full with shelves and vitrines holding all sorts of eclectic artifacts from swords to coins — with the odd car and carriage standing in the grounds.

It wasn’t necessarily the kind of museum you’d find elsewhere in the world, but it was definitely a sight that needed seeing.

Today, it has grown and now claims to be one of the world’s largest private museums. It holds over 30,000 items, including a fleet of traditional dhow sailboats, and countless carpets. There’s also an entire house that once stood in Damascus, Syria.

There are archaeological finds dating to the Jurassic age, ancient copies of the Quran, a section that details the importance of pearling within Qatar’s history, and jewelry dating to the 17th century.

There are also items from 2022’s FIFA World Cup in Qatar including replica trophies, balls used in the games, entry passes, football jerseys and even shelves full of slightly creepy dolls and children’s plush animals.

Some of the more disturbing exhibits include various items of Third Reich paraphernalia in the wartime room, and, strangely enough, several showcases of birds’ legs with marking rings on them. Basically, whatever you can think of, you have a very good chance of finding it here.

Rumor even has it that behind a locked door is a room filled with the late Princess Diana’s dresses and other memorabilia, accessible only to a few visitors. Another door hides a room, no longer open to the public, filled with collectibles of the late Saddam Hussein.

KevinFat - Bermuda
Retirees 'stunned' as market turmoil over tariffs shrinks their 401(k)s (4/15/2025)
Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.

<a href=https://kraken27-at.com>kra27 сс</a>
As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.

<a href=https://kra39-at.cc>kraken39.at</a>
Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.

“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.

Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
https://kr14at.com
“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”

Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.

MichaelPop - Malta
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