Proceeds from the settlement with the N.Y. attorney general will go to investors across the U.S. who were fraudulently pushed into higher fee accounts.
Category Archives: business
After setting aside billions of dollars for loan defaults that never came, banks are seeing bumper profits
While banks were “a cause of the problem” during the last recession, they have been “a source of support for the economy” this time around, one analyst said.
Prices climb for third straight month, hitting 5.4 percent year over year
The inflation index is on the increase, but what is it really measuring?
Car recalls can be a big inconvenience. Automakers are using technology to change that.
Only about 70 percent of owners affected by recalls typically get repairs completed.
Elon Musk testifies to defend Tesla's $2.6 billion acquisition of SolarCity in shareholder lawsuit
If Musk loses, he could have to pay upwards of $2 billion.
Child tax credit payments could act as stimulus for retailers as soon as this month
Starting Thursday, about 39 million households — or nearly 90 percent of children in the U.S. — will begin receiving the payments.
With federal eviction moratorium set to expire, states offer patchwork protections
Data suggests that nationwide renter debt is trending downward as the economy rebounds, but millions remain behind on rent.
'Black Widow' sets pandemic record with $80 million in theaters, $60 million streaming
Disney and Marvel’s superhero adventure crushed the benchmark for the biggest box office opening weekend since the start of the Covid-19 pandemic.
Collegiate athletes look to become influencers after NCAA rule change
College athletes are now able to make money off of their likeness. Seemingly overnight, their social media accounts became influencer gold mines.
Smaller cities jump in hot housing market
Smaller cities for homeowners selling in a hot market to move to include Sioux Falls, Honolulu, Miami, Orlando and Baltimore.