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Editor’s Pick
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Categories Editor's Pick

Vanguard fined more than $100 million by SEC over violations involving target date retirement funds

Author January 17, 2025

Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities

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Categories Editor's Pick

FDA officially authorizes Zyn nicotine pouches for sale following health review

Author January 17, 2025

The U.S. Food and Drug Administration formally authorized Zyn nicotine pouches for sale after conducting an ‘extensive scientific review’ about their safety. In

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Categories Editor's Pick

UnitedHealth CEO says U.S. health system ‘needs to function better’

Author January 17, 2025

The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed. On the company’s first earnings call

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Categories Editor's Pick

Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing

Author January 17, 2025

The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more

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Categories Editor's Pick

Investors pitch new international basketball league that would offer players equity

Author January 17, 2025

A group of high powered investors want to raise billions to form a new international basketball league, according to people familiar with

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Categories Editor's Pick

American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim

Author January 17, 2025

American Express will pay a total of about $230 million to resolve federal wire fraud investigations, and to settle civil allegations of deceptive

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Categories Editor's Pick

Target says its holiday sales were better than expected — but its profits weren’t

Author January 16, 2025

Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days

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Categories Editor's Pick

JPMorgan Chase posts record profit as the bank’s massive scale pays off

Author January 16, 2025

JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank

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Categories Editor's Pick

Citibank customers report fraud alerts and account access issues

Author January 16, 2025

Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital

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Categories Editor's Pick

Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume

Author January 16, 2025

This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face

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