Surge in fraud for those 60 or older costs them billions, FBI says
The FBI's report on fraud schemes targeting the elderly found that Americans over 60 lost more than $3.4 billion to scams in 2023, with tech support and data breaches the most common.
Billions in US investment goes to Chinese firms linked to CCP military, human rights abuses
Billions of dollars in Americans' savings and investments are flowing to Chinese companies linked to China's military and human rights abuses, a congressional report found.
Do you need to include payments from third-party processors like Venmo and PayPal in your tax filings?
If you have received $20,000 from over 200 transactions through third-party payment processors, like Venmo, you'll need to report this information to the IRS.
Embattled bank NYCB lands $1B investment from group including Mnuchin's firm
Troubled regional lender New York Community Bank announced Wednesday that it secured a $1 billion investment from a group that includes former Treasury Secretary Steve Mnuchin's firm.
401(k)s vs pension plans: What's the difference?
Pension plans and 401(k) plans can both help workers during their retirement years. While once commonplace, pensions have largely been replaced by 401(k)s in the private sector.
Warren Buffett pays tribute to friend, Charlie Munger as 'architect' of Berkshire Hathaway
Berkshire Hathaway CEO Warren Buffett wrote in his annual letter that Charlie Munger was the firm's “architect" while he was the "general contractor."
Warren Buffett pays tribute to friend, Charlie Munger as 'architect' of Berkshire Hathaway
Berkshire Hathaway CEO Warren Buffett wrote in his annual letter that Charlie Munger was the firm's “architect" while he was the "general contractor."
Prominent NYC real estate developer and top execs charged in $86M fraud scheme
A prominent New York real estate developer and several other industry executives have been indicted for stealing more than $86 million from investors and subcontractors in New York.
Billions in US pension funds invested in China despite serious national security concerns: expert
Several American public pension funds have poured billions of dollars into the Chinese market over the last three years, sparking concerns over national security.
Billionaire Bill Ackman and wife Neri Oxman buying 4.9% stake in Tel Aviv Stock Exchange
The purchase was part of the TASE's secondary offering of 18.5% of its shares, in which it sold 17.2 million shares at 20.60 shekels per share for 353.4 million shekels ($95 million).
Investors scaled back on real estate purchases in 2023
High home prices and elevated interest rates led to a decline in real estate purchases by investors in 2023, according to a new report from Realtor.com.
Investment company announces new non-woke, anti-ESG shareholder-focused retirement plan for small businesses
Strive Asset Management is launching a new non-woke and anti-ESG 401(k) retirement plan that its CEO says will prioritize shareholder profits, unlike large investment companies.
Tennessee sues BlackRock in first-of-its-kind ESG lawsuit
FIRST ON FOX: Tennessee filed a lawsuit Monday against financial asset manager BlackRock, alleging the firm has violated consumer protection laws by pursuing climate initiatives.
Biden administration snoops around big banks to assess climate risk plans for investments and loans
The Biden administration has conducted a "discovery review" of more than two dozen large banks with assets totalling over $100 billion to determine their plans to manage climate risk.
How to give the gift of stocks this Christmas
Stocks can be an extremely valuable gift to your loved ones. While they may not provide immediate gains, they have the potential to massively grow in profit over time.
Fidelity: 92% of savers to alter 2024 resolutions due to financial stress
Nearly all Americans who plan on making at least one financial resolution for 2024 say they will be shifting their goals for the year ahead according to a new report from Fidelity.
The death of woke capitalism
Americans have rocked the woke. Disney recently admitted what every reasonable observer has long known: Its activist strategy has negatively impacted its financial situation.
JPMorgan predicts a grim outlook for the stock market next year
JPMorgan Chase analysts warned in a new note to clients that the stock market faces more pain in 2024, projecting the S&P 500 will fall 8% by year's end.
5 things you need to know about stock options and the potential investment opportunity at your company
Stock options can potentially earn employees a lot of money if a company is successful. Here's all you need to know before making the investment.
Mark Cuban to sell majority stake of Dallas Mavericks to billionaire Miriam Adelson: reports
Dallas Mavericks owner Mark Cuban will sell his majority stake in the team to billionaire casino magnate Miriam Adelson, according to multiple reports.