Wells Fargo, Morgan Stanley and Bank of America are among a group of Wall Street banks accused of bilking customers out of billions of dollars in interest payments, according to a new report. The U.S. Securities and Exchange Commission is probing the banks to determine whether they purposefully directed clients...

Wells Fargo, Morgan Stanley and Bank of America Accused of Cheating Customers Out of Billions of Dollars in Interest Payments: Report

The Motley Fool

The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.

Warren Buffett Has Sold Almost $2.3 Billion of Bank of America Stock -- and It's a Direct Reminder of His $56 Billion Warning to Wall Street

The Dow Jones Industrial Average has served as a key barometer of Wall Street's health since the late 19th century. Recently-filed Form 13Fs have given investors an inside look at which stocks Wall Street's smartest and most-successful money managers purchased and sold in the June-ended quarter. Three Dow stocks with...

3 Historically Unstoppable Dow Stocks That Have Billionaire Money Managers Headed for the Exit

Reuters

BARCELONA/LONDON (Reuters) - Canadian fund Brookfield is in talks with banks to raise funds for its possible takeover bid for beleaguered Spanish drugmaker Grifols, two people familiar with the matter said on Wednesday.

Brookfield in talks with banks for funding Grifols' takeover bid, sources say

Money Week

Consider these dividend super aristocrats that have increased their payout for up to 60 years in a row.

8 dividend super aristocrats to look out for

New York City, NY

Nassau County, NY

A convicted New York drug dealer and predatory lender who was freed from federal prison after his sentence was commuted in 2021 by then-President Donald Trump was arrested on assault charges. Jonathan Braun is accused in Nassau County court of assaulting his elderly father-in-law as he tried to protect his...

New York drug dealer whose prison sentence Trump commuted arrested on assault charges

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Wealthy businessman Timothy Mellon and former New York Mayor Michael Bloomberg wrote huge, eight-figure checks in July to support major Republican and Democratic super PACs, respectively, gearing up for the 2024 election. Mellon, who donated $50 million in May to Make America Great Again Inc., the super PAC that supports...

Billionaires Timothy Mellon and Mike Bloomberg inject massive sums into 2024 super PACs

Kansas State

Elkhart, KS

The former CEO of a small Kansas bank was sentenced to more than 24 years in prison for looting the bank of $47 million. Shan Hanes, pronounced Shane, sent the funds from Heartland Tri-State Bank to cryptocurrency wallets controlled by scammers who had duped him in a "pig butchering" scheme that appealed to his greed, federal prosecutors said.

Cryptocurrency 'pig butchering' scam wrecks Kansas bank, sends ex-CEO to prison for 24 years

Vice President Kamala Harris is calling for the forgiveness of medical debt for millions of Americans. People in the U.S. owe at least $220 billion in medical debt, a February KFF analysis found. Vice President Kamala Harris wants to forgive medical debt for millions of Americans. The economic plan Harris...

Harris wants to forgive medical debt for millions of Americans

Bill Lee, Milken Institute chief economist, joins 'Power Lunch' to discuss the Fed minutes, job numbers, and discretionary spending.

The top earners are driving consumer spending, says Milken's Bill Lee

Billionaire investor Carl Icahn is no stranger to controversy, but it’s usually because he’s embroiled in corporate takeovers, not from being in hot water with the top securities regulator. Icahn and his investment firm, Icahn Enterprises (IEP), paid $2 million to settle a Securities and Exchange Commission probe...

Icahn's $2 million "whoopsie daisy"

The Citi Strata Premier℠ Card and Wells Fargo Autograph Journey℠ Card are top-notch travel credit cards with sub-$100 annual fees. Either option can make sense as a beginner travel credit card while offering higher redemption values if you maximize your rewards. With so many similarities between these credit cards, which makes the most sense for you?

Wells Fargo Autograph Journey vs. Citi Strata Premier: Which offers more valuable rewards?

Dividend stocks have long been a favorite for investors seeking reliable, recurring passive income. However, not all dividend-paying companies are equal. Some stand out by offering higher yields, while others are known for their consistent and steady payouts. The real challenge lies in finding stocks that combine these attributes with...

2 'Strong Buy' Dividend Stocks Paying 7% Yields

24/7 Wall St.

As temperatures rise and summer vacations approach, many investors are seeking ways to keep their portfolios thriving. Investing alongside seasonal trends can reveal growth and income opportunities worth considering. In this article, I’m going to highlight three dividend stocks that are certainly seeing strong growth, and may fit many investors’ rebalancing needs this summer, for […]
The post 3 Healthy Dividend Stocks to Buy Before It’s Too Late appeared first on 24/7 Wall St..

3 Healthy Dividend Stocks to Buy Before It’s Too Late

Philadelphia, PA

Philadelphia Fed President Patrick Harker joins 'Squawk on the Street' to discuss his thoughts on the jobs market, the risks of a weaker job market, and more.

Philadelphia Fed President Patrick Harker: Job market revisions weren't a surprise

Investors with big gains on aggressive technology stocks may want to move some capital to the six highest-paying blue chip dividend stocks to buy in July.
The post 6 Highest Paying Dividend Blue Chip Stocks to Buy in July appeared first on 24/7 Wall St..

6 Highest Paying Dividend Blue Chip Stocks to Buy in July

With the recent turmoil in global markets, investors are eyeing dividend-paying stocks that offer stability. While high yields are one appealing characteristic of dividend stocks, companies that have consistently paid dividends despite macroeconomic challenges can serve as a safe haven. Companies with a history of paying and increasing dividends exhibit...

3 Safe High-Yield Dividend Stocks to Pounce on Now

The Greek-flagged oil tanker Sounion suffered "minor damage" following strikes off the Yemeni coast, which ignited a fire onboard. The vessel was left adrift in the Red Sea. Greece's Minister of Shipping and Insular Policy Christos Stylianides condemned the attack as a "flagrant violation of the rules of international law."

Oil tanker abandoned, adrift and ablaze after Red Sea attack

The U.S. Securities and Exchange Commission announced charges against billionaire Carl C. Icahn and his publicly traded company, Icahn Enterprises LP (Nasdaq: IEP), for failing to disclose personal loans worth billions of dollars that were secured using securities of IEP as collateral. IEP and Icahn agreed to pay $1.5 million and $500,000 in civil penalties, respectively, to settle the SEC’s charges.

Billionaire Carl Icahn Pays $2 Million to Settle SEC Investigation

NewsBreak

Deutsche Bank shares rise 3% after settlement of bulk of claims in long-running Postbank suit

Deutsche Bank has reached settlements with nearly 60% of plaintiffs in a long-running case alleging the German lender underpaid for its acquisition of Postbank more than...

Deutsche Bank shares rise 3% after settlement of bulk of claims in long-running Postbank suit

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