If you end up with a massive money hangover after the five-day holiday shopping mania that stretches from Thanksgiving Day through Black Friday to Cyber Monday, the antidote is Giving Tuesday.
NEW YORK During the first two weeks after an earthquake hit Nepal in April, Fidelity Charitable sent out 4,400 grants totaling almost $5.3 million from donors using special charitable accounts called donor-advised funds at the Boston-based nonprofit associated with Fidelity Investments. Now a few months later, the total is up to 6,000 grants totaling $7.8 million.
Sun, Nov 29 2015
SAN FRANCISCO The holiday shopping rush that kicked off on Friday is unlikely to bring much cheer to investors looking for a revival in retail stocks.
SAO PAULO Brazilian financier André Esteves resigned as chief executive officer and chairman of Grupo BTG Pactual SA late on Sunday after he was jailed as part of a corruption probe rapidly ensnaring Latin America's largest independent investment bank.
Fri, Nov 27 2015
In the race to compete with low-cost, online algorithm-based investing services, financial advisers are constantly bombarded by sales pitches about the latest and greatest in financial technology.
A New York-based investment adviser filed a class action lawsuit against Barclays Plc on Friday alleging that rigged foreign exchange trading practices at the bank caused "significant damages" to its trading partners.
NEW YORK Investors in exchange-traded funds added nearly $7.7 billion to U.S.-based stock funds during the week ended Nov. 25, data from Thomson Reuters' Lipper service showed Friday, moderating a wave of withdrawals by mutual-fund investors from risky assets.
Wed, Nov 25 2015
Pacific Investment Management Co and other investors have sued Citigroup Inc over the bank's alleged failure to properly monitor toxic securities backed by more than $13.8 billion of mortgage loans, resulting in $2.3 billion of losses.
NEW YORK The Federal Reserve said on Wednesday that bigger U.S. banks would have an extra year to calculate a capital requirement known as the supplementary leverage ratio for stress testing.
LOS ANGELES Here is a helpful rule of thumb for donating to charities this holiday season: Take your time.
Republican frontrunner Donald Trump has already accused rival Jeb Bush of being low energy. Now he's accused Democratic contender Hillary Clinton of being weak.