Infinite Wealth Tips

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

January 17, 2025
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Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The alleged violations

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Investors pitch new international basketball league that would offer players equity

January 17, 2025
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A group of high powered investors want to raise billions to form a new international basketball league, according to people familiar with the matter. The new organization would offer players

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

January 17, 2025
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American Express will pay a total of about $230 million to resolve federal wire fraud investigations, and to settle civil allegations of deceptive marketing, the company said Thursday. The tally includes

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

January 16, 2025
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Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known for deep discounts. The big-box retailer now

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

January 16, 2025
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JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history. Here’s what the company reported:

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Citibank customers report fraud alerts and account access issues

January 16, 2025
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Numerous Citibank customers reported receiving fraud alerts and having difficultyaccessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital services interruptions, hundreds of Citibank users had flagged issues

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

January 16, 2025
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This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face collection activity, including the garnishment of their wages and retirement benefits.

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Capital One acknowledges ‘outage’ as users report issues accessing deposits

January 16, 2025
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Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct deposits. In response to complaints on social media platform X, a

Vanguard fined more than $100 million by

Investors pitch new international basketball league that

American Express to pay $230 million to

Target says its holiday sales were better

JPMorgan Chase posts record profit as the

Citibank customers report fraud alerts and account

Biden administration seeks to avoid default crisis

Capital One acknowledges ‘outage’ as users report

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