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Personal Finance

Millennials are Being Extra Charitable Amid Coronavirus Pandemic, Data Reveals

Millennials are stepping up amid the pandemic; wherein many people are struggling with their finances.

Oct 22, 2020 11:44 PM EDT

Millennials Are Being Extra Charitable amid the Coronavirus Pandemic, Data Reveals

Personal Finance

Want to Have $2 Million on Your Retirement at 62? This Is How Much You'll Need to Save Monthly

Are you thinking of your retirement with millions in your savings account? This is how much you need to save monthly to live comfortably in your senior years.

World

How Could This Year's Shopping Season Be Different Among the Previous Years

This year's shopping season has new terms to make sense of the unprecedented situation and find ourselves in.

Personal Finance

The Money Behind Music Festivals

We've come a long way since the three days of peace and music that summer of 1969. Music festivals have become increasingly popular.Crowds from the mainstream are now flooding stadiums, deserts, and open rural spaces. They're bringing with them a ton of cash.

Jeff Bezos becomes second richest in the world surpassing Warren Buffett, Amancio Ortega

Jeff Bezos added $1.5 billion to his fortune after Amazon rose to $18.32 on Wednesday following the announcement that it acquired Dubai-based online retailer Souq.com.

Mar 30, 2017 8:39 PM EDT

Wells Fargo to pay $110 million settlement over accounts scandal

US bank Wells Fargo has agreed to pay $110 million as settlement for the 11 class-action lawsuits brought by customers who had accounts opened without their permission.

Mar 30, 2017 10:39 AM EDT

New pound coin's hidden security features, problems and availability

The new 12-sided £1 coin comes into circulation on Tuesday with a hidden security feature that would stamp out fraud and counterfeiting.

Mar 29, 2017 3:39 AM EDT

UK banks face new stress test scenario by the Bank of England

Bank of England prepares new stress test scenarios to be given to UK's biggest banks in preparation for any sudden slowdown in foreign interests in UK assets. The Brexit vote last year has triggered a sharp drop in the value of the pound.

Mar 28, 2017 11:15 AM EDT

Investors pull out from US stock funds

Wall Street has been put on defensive mode ever since Donald Trump became the president of the United States. This led to investors pulling out $8.9 billion from US stock funds that ended on March 22 according to a research conducted by EPFR Global.

Mar 27, 2017 8:02 AM EDT

HSBC breaks tradition, names AIA boss Mark Tucker as chairman

The chief executive of the Asian life insurer AIA Group will take over as HSBC chair on October 1, the first outsider to take on the role that breaks an HSBC tradition.

Mar 15, 2017 6:12 AM EDT

Atlanta Fed appoints first African-American regional president as major step in diversity

The move marks as a progress for Atlanta Fed in regards to diversity as Bostic becomes the first African-American regional president in its history.

Mar 14, 2017 6:05 AM EDT

Wells Fargo reshuffles execs, demotes three managers over fake account scandal

Scandal-ridden bank initiates organizational clean-up due to alleged mistreatment of workers aside from the popular fake account scandal. Wells Fargo vows to be a more streamlined, efficient and consistent consumer bank.

Mar 11, 2017 9:14 AM EST

Lenovo Third Quarter Profits Plummet

Tech company Lenovo posts a drop in its third quarter profits as it faced "sizeable" challenges in its business.

Feb 19, 2017 9:11 PM EST

Retail Spending in UK Rises Slightly in January

UK retail spending sees 1.5 percent growth year-on-year in January 2017 compared with January 2016. Retail spending in the UK saw a 1. 5 percent growth year-on-year in January 2017 compared with January 2016, the lowest growth the sector has had since November 2013, according to the latest official figures of the Office of National Statistics (ONS).

Feb 19, 2017 8:12 PM EST

Exxon boosts Permian basin holding in deal worth up to $6.6 billion

Exxon Mobil Corp (XOM.N) said it would buy companies owned by the Bass family of Texas in a deal worth up to $6.6 billion.

Jan 17, 2017 12:03 PM EST

69 Percent of Respondents : Trump Didn't Have To Sell His Business

The US President-elect, Donald Trump, has promised to hand out of his business empires to his children before get sworn as the president next month. Some politicians stated that Trump's words just to avoid potential conflicts of interest.

Dec 07, 2016 9:57 AM EST