Downturn Spurs Rise In 401(k) Loans By Minorities - Spokane, North Idaho News & Weather KHQ.com

Downturn Spurs Rise In 401(k) Loans By Minorities

USATODAY.COM - While millions of workers used money from their retirement savings to pay expenses during the Great Recession, African Americans and Hispanics dipped into their 401(k) plans at a much higher rate.

The rise in 401(k) withdrawals, loans and cash-outs among African Americans and Hispanics represents a major setback for their long-term retirement security, says Mellody Hobson, president of Ariel Investments, co-sponsor of a survey on the recession's impact on retirement plans. click here to read more

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  • PHOTOS: Semi-truck crash shuts down lanes of I-90 through downtown Spokane.

    PHOTOS: Semi-truck crash shuts down lanes of I-90 through downtown Spokane.

    Wednesday, April 25 2018 5:28 PM EDT2018-04-25 21:28:54 GMT

    SPOKANE, Wash. - Jim Martin Trucking LLC out of Hayden, Idaho confirmed with KHQ the driver of the semi-truck involved in Wednesday's crash on I-90 in downtown Spokane is okay and is cooperating with Troopers. The driver, who was hauling crushed cars, says he was cut off by another car, which he says started the chain reaction that caused the crash. 

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    SPOKANE, Wash. - Jim Martin Trucking LLC out of Hayden, Idaho confirmed with KHQ the driver of the semi-truck involved in Wednesday's crash on I-90 in downtown Spokane is okay and is cooperating with Troopers. The driver, who was hauling crushed cars, says he was cut off by another car, which he says started the chain reaction that caused the crash. 

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  • 13 semi-trucks park under Detroit overpass to help man considering suicide

    13 semi-trucks park under Detroit overpass to help man considering suicide

    Tuesday, April 24 2018 12:41 PM EDT2018-04-24 16:41:55 GMT

    DETROIT - 13 semi-truck drivers parked their big rigs under a highway overpass early Tuesday morning to help shorten the fall of a man who was threatening to jump.  All lanes of Highway 696 were closed early Tuesday morning after a call came in just before 1:00 a.m. of a man threatening to jump.  

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    DETROIT - 13 semi-truck drivers parked their big rigs under a highway overpass early Tuesday morning to help shorten the fall of a man who was threatening to jump.  All lanes of Highway 696 were closed early Tuesday morning after a call came in just before 1:00 a.m. of a man threatening to jump.  

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  • Ohio teen fatally shoots 11-year-old brother in 'premeditated act'

    Ohio teen fatally shoots 11-year-old brother in 'premeditated act'

    Tuesday, April 24 2018 10:06 AM EDT2018-04-24 14:06:01 GMT

    STREETSBORO, Ohio (AP) - Authorities say a 13-year-old boy has fatally shot his 11-year-old brother in suburban Cleveland, and police are describing the shooting as an apparent "premeditated act."   Streetsboro police say officers were called to a home around 9:30 p.m. Monday. The 11-year-old died at a hospital.   Police say the 13-year-old has been charged with aggravated murder in Portage County Juvenile Court.

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    STREETSBORO, Ohio (AP) - Authorities say a 13-year-old boy has fatally shot his 11-year-old brother in suburban Cleveland, and police are describing the shooting as an apparent "premeditated act."   Streetsboro police say officers were called to a home around 9:30 p.m. Monday. The 11-year-old died at a hospital.   Police say the 13-year-old has been charged with aggravated murder in Portage County Juvenile Court.

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