Urged on by the White House and a reduction in regulatory oversight, crypto companies and automakers are among those that have applied for banking charters.
Category: Fidelity Investments
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Schwab Affiliate Halts Customer Donations to Southern Poverty Law Center
Fidelity and Vanguard’s donor-advised fund entities have taken similar actions in the wake of a Justice Department indictment of the civil rights group.
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Fidelity Won’t Let Donor-Advised Fund Holders Donate to Southern Poverty Law Center
Fidelity cited the Justice Department’s recent action against the civil rights organization in emails to holders of its charitable-giving funds explaining its decision.
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More Americans Taking 401(k) Hardship Withdrawals
More Americans are taking hardship withdrawals from workplace retirement accounts, prompted by rising costs — and looser rules.
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Why Crypto’s Slide Is Rattling Wall Street
Bitcoin and other digital tokens have lost more than $1 trillion in value in recent weeks, raising concerns about a wider market fallout.
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Fintech Start-Ups and Investment Firms Are Battling Over Your 401(k)
Financial tech companies are connecting outside financial advisers to your retirement accounts, and at least one investment firm, Fidelity, is resisting.
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Critics Say Select Investors Gained From US Aid to Argentina
Treasury Secretary Scott Bessent said stabilizing the country was in the United States’s interests. Critics say some investors may have also benefited.
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Gen Z, It Turns Out, Is Great at Saving for Retirement
They are contributing to their 401(k)s much earlier than millennials did, reports show, and young women in particular are being aggressive about saving.
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Why Designated Beneficiaries Are Key to Your Estate Planning
Although a will is crucial to making sure your assets go where you want them when you die, you are likely to need something else, too: designated beneficiaries.
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Charles Schwab, Fidelity and Other Online Brokerages Report Outages
Most of the outages had been resolved by midday on Monday, but investors were frustrated by their inability to trade stocks during a morning of global market volatility.
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Retiree Medical Costs Expected to Stay Flat in 2023
An estimate puts the average cost over a 20-year retirement at about $157,000. That’s almost double the estimate in 2002.