Wells Fargo Faces Lawsuit for Allegedly Mismanaging Its 401(k) Plan
By Melanie WaddellHigh-level bank execs picked and retained 17 proprietary funds, many of which underperformed, the class action states.
May 17, 2021
Millennials Are Buying, Investing Based on 'Social Good': FidelityNearly half of poll respondents have bought products that provide a social benefit; 20% have invested in socially responsible businesses or funds.
May 17, 2021
UBS to Pay $4.8M Over Puerto Rican BondsTwo years ago, the firm was ordered to pay about $13 million to investors over the same risky bonds, which dated to 2013.
May 17, 2021
Elon Musk Blows Up Wall Street's Case for BitcoinThe token is now worth about as much as it was when Tesla first disclosed in February its intention to buy some.
May 17, 2021
7 Factors That Could Shape the Annuity Market Going ForwardIf prices start to rise, that could lead other major changes.
May 17, 2021
Expanded Child Tax Credit Monthly Payments to Start July 15Payments will be automatic for those who filed their 2020 tax returns by May 17, this year's tax deadline.
May 17, 2021
Ex-Wells Fargo Rep Sentenced to 27 Months in PrisonThe firm's former broker had pleaded guilty to wire fraud in which he stole more than $450,000 from about 40 clients.
May 17, 2021
Swedroe Says 'Ignore All Forecasters,' Market NoiseThe strategist says advisors can also disregard market outlooks, which have "nothing to do with the client's financial and life goals."