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The same financial habits that pushed the number of 401(k) millionaires to new highs should help retirement savers through the current global uncertainty
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More than four in 10 returns so far have claimed at least one of the new deductions.
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A weaker euro deepens the pain from higher oil prices
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Oil shot to its highest price since 2023 after surging again because of the Iran war, and a weak update on the U.S. job market knocked stocks lower to cap Wall Street's worst week since October.
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Wall Street was on track to open lower again Friday as oil prices continued to climb, hitting the highest level in nearly two years less than a week since the U.S. and Israel began bombing Iran, one of the world's top oil producers.
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Goldman Sachs warns crude will soar past 2008 peak if action is not taken to reopen Strait of Hormuz
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