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Financial Crime Weekly: American Express Pays $108 Million To Settle Deceptive Marketing Charges, Vanguard Group Pays $106 Million For Violations
Monday, January 20, 2025 - 5:07pm | 546American Express Pays $108 Million To Settle Deceptive Marketing Charges The U.S. Department of Justice announced on Thursday that American Express Co. (NYSE:AXP) agreed to a $108.7 million settlement to resolve allegations of violating the Financial Institutions Reform, Recovery and Enforcement...
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How To Earn $500 A Month With This $10 Stock
Monday, August 28, 2023 - 3:23pm | 440Wall Street isn't just a playground for institutional giants, it’s a treasure trove of opportunities for retail investors too. If you’re looking to earn some passive income, you may want to pay attention to what the “smart money” is doing. One way to do that is by looking at...
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Vanguard Forecasts The Next 10 Years: 65% Chance Of Recession, Bet On Value Stocks
Friday, September 2, 2022 - 3:59pm | 462The Vanguard Group is projecting an annualized return of between 4.1% and 6.1% for U.S. stocks over the next ten years, with value stocks beating those returns. The Valley Forge, Pennsylvania-based investment giant has issued a white paper looking at the year ahead. For Vanguard, which touts $7...
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This Day In Market History: Vanguard Launches First Index Investment Trust
Monday, August 23, 2021 - 9:21am | 243Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? In 1976, The Vanguard Group launched the First Index Investment Trust, the first retail index fund. Now known as the Vanguard 500 Index Fund (NYSE: VOO), it is one of the biggest...
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Last Week's Top Hedge Fund Moves: D.E. Shaw, OZ Management & Lone Pine
Monday, August 3, 2015 - 10:47am | 487Tracking hedge fund activity is key to many investment strategies. Here is a look at some of the most relevant moves from some of the largest hedge funds last week. D.E. Shaw David E. Shaw’s D.E. Shaw & Co. continues to increase its exposure to Tesoro Corporation (NYSE: TSO), a $12...
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Lori Ann LaRocco, CNBC Senior Talent Producer & Author, on Investing Education Through Financial Media
Wednesday, August 4, 2010 - 8:06am | 937In this 3-part interview, Lori Ann LaRocco talks about how people may become more educated by engaging in financial media and business news. In Part 1, Lori Ann explains what her job is as CNBC’s Senior Talent Producer and producer of CNBC’s Squawk Box. In doing so, she gives us a...