BNP pleads guilty, to pay $8.8 bln fine
BNP Paribas, France's biggest bank, pleaded guilty to U.S. charges and agreed to give up a record $8.8 billion for violating U.S. sanction laws. Conway G. Gittens reports.
Hollywood star Johnny Depp escaped a plight many Americans cannot avoid. Last year, the actor, known for his iconic role as Captain Jack Sparrow in Disney's "Pirates of the Caribbean" franchise, took out a $10 million loan to save his two West Hollywood, California, homes from foreclosure. However, most people don't have the financial means to save their homes if they get into trouble, and many abandon them if they can no longer afford their mortgage payments — a practice known as zombie foreclo
While the ultrawealthy 1% often dominates financial headlines, the real question for most Americans is whether their net worth is comparable to that of their peers. Understanding what it takes to be in the top 10% at your age can provide valuable insight into your financial standing and reveal the milestones for success at different stages of life. Don't Miss: The average American couple has saved this much money for retirement — How do you compare? Are you rich? Here’s what Americans think you
Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. The wide-ranging fraudulent testing at Japan’s top automaker involved the use of inadequate or outdated data in collision tests, and incorrect testing of airbag inflation and rear-seat damage in crashes.
For decades, the $1 million retirement savings goal has been considered the gold standard for a secure and comfortable post-work life. However, the reality for most Americans is quite different. According to the Federal Reserve’s latest Survey of Consumer Finances, only about 10% of American retirees have managed to save $1 million or more. This leaves a significant 90% who fall short of this milestone. Don't Miss: The average American couple has saved this much money for retirement — How do you
The Dow Jones fell on the stock market today. GameStop surged after influencer "Roaring Kitty" claimed a big stake. AI stock Nvidia popped.
Mexican stocks sank and the peso slid on concern that the president-elect could seek to make changes to the constitution or pursue other policies that could rattle investors.
A technical glitch sends shares of Berkshire Hathaway tumbling 99%.
As the broader stock market continues rising, finding bargain growth stocks is becoming harder.
Nvidia unveiled a new AI platform that could hit the market as early as 2026.
Three high-flying stocks, which all recently announced stock splits, might come crashing back to reality.