Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and Exchange Commission announced Friday. The alleged violations stem from a 2020 change where Vanguard lowered the minimum investment requirement for its institutional target date funds. The SEC…
A group of high powered investors want to raise billions to form a new international basketball league, according to…
The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed. On the…
The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an…
An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from accessing deposits,…
The U.S. Food and Drug Administration formally authorized Zyn nicotine pouches for sale after conducting an ‘extensive scientific review’…
This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan…
Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct…
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and…