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When you withdraw from your 401(k), not only are you paying taxes on that distribution, but you’re also curtailing potential investment returns

Industrial production fell 0.1% in January, the Federal Reserve reported Thursday. Manufacturing alone fell 0.5% after a 0.1% gain in the prior month.

Shares of SunPower Corp. were boosted Thursday, after the troubled solar panels and systems company said it secured new funding and waivers from its financial partners, which the company believes will allow it to “navigate current industry headwinds.”

Manchester United has clinched approval from the Football Association for British billionaire Sir Jim Ratcliffe’s acquisition of a 25% minority stake in the iconic English club, although its shares tumbled in premarket trades Thursday.

They’re all backing enterprise AI startup Alembic, fresh off $14 million in series A funding led by WndrCo, the venture-capital firm started by DreamWorks founder Katzenberg, and others including Liquid 2 Ventures, the venture-capital firm started by Montana.

The numbers: The New York Both the Philadelphia Fed and the New York Fed’s Empire State manufacturing gauges rebounded in February, according to new data released Thursday.

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Burger chain swings to a profit, fortified by 20% revenue jump

Shares of Sony slumped in Tokyo trade on Thursday as the electronics giant cut its sales forecast, citing worse-than-expected PlayStation 5 sales.

Beating an index, more about the “Magnificent Seven,” and AI’s impact on financial advice.

Shares of space exploration company Intuitive Machines Inc. rose 7% in premarket trades after the successful launch of its Nova-C lunar lander atop a SpaceX Falcon 9 rocket early Thursday.