Markets tumbled Wednesday after Federal Reserve chair Janet Yellen said the central bank could begin raising interest rates earlier than expected. The Dow dropped 114 points, the S&P 500 fell 11 points and the Nasdaq Composite lost 25 points.
Toyota is paying a record $1.2 billion to settle safety investigation, the largest penalty ever imposed on a carmaker. Toyota admitted it deceived car owners and misled regulators about two deadly defects that caused sudden acceleration in their vehicles.
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The FBI said Toyota put "sales over safety and profit over principle."
Meanwhile, how is your retirement savings going?
According to a new survey, a third of Americans have put away $1,000 or less for the golden years -- total.
According to the Employee Benefits Research Institute, only 44% say they have tried to calculate how much they need to retire. The two reasons for not saving more? Cost of living and day-to-day expenses.