Fidelity will pay $2.5 million to settle a data breach case.
Those affected by fraud might be in for some relief. Fidelity Investments has agreed to a $2.5 million settlement in a class-action lawsuit related to a data breach from 2024, which exposed sensitive consumer information. This settlement follows claims that Fidelity, based in Boston, failed to implement proper data security measures, resulting in the breach. […]
Fidelity and Vanguard stop SPLC donations following federal charges: report
Fidelity and Vanguard Charities have reportedly put a hold on their grants to the Southern Poverty Law Center (SPLC) while it faces federal charges. Last week, the Justice Department charged the civil rights organization with financial crimes that include wire fraud and money laundering. As a result, many supporters have begun donating to help fund […]
3 Fidelity ETFs That May Outperform the S&P 500
Investing in high-dividend stocks can be a solid strategy for making your money work more effectively. When a company does well, it often shares some of those profits with shareholders as cash dividends. But, stock investing isn’t without risks—there’s no assurance that a company will continue paying dividends. So, if you’re after a more secure […]
Fidelity Contrafund’s renowned Danoff to retire after a remarkable 10,500% return
Fidelity’s Danoff to Retire After 35 Years Will Danoff, a leading figure in stock picking and manager of the Fidelity Contrafund for over three decades, is set to retire at the end of this year. His leadership has been marked by impressive returns, making him one of the most noted investors globally. In a statement, […]
3 Fidelity ETFs to Buy and Keep for Lifetime $100,000 Annual Dividend Income Starting in 2026
One fund stands out for outperforming the S&P 500 while offering a significantly higher dividend yield. Dividend stocks have a unique advantage, really, because they provide three potential revenue streams. As companies expand, their stock prices rise, which benefits shareholders. Plus, they typically pay out cash dividends, often on a quarterly basis. The best part? […]
Three Best Fidelity Stock ETFs to Consider for 2026
Key Highlights As we transition from 2025 into 2026, the stock market remains strong, though it’s being predominantly led by a select few companies. In recent years, the technology and communication sectors, particularly the so-called “Magnificent Seven,” have played a crucial role in the market’s rise. The ongoing AI boom has certainly fueled this rally, […]
Fidelity clients lose access to their 401(k) accounts. Some view it as an astonishing takeover, while the company claims it’s for safety reasons.
As major investment firms and fintech platforms vie for access to customers’ retirement accounts, some clients are realizing that the “K” in their 401(k) might just stand for “Keep out.” This situation has intensified, especially after Fidelity enforced new rules that limit access to third-party advisors. Many users suddenly lost online access to their retirement […]
Scranton plans to purchase Fidelity Bank branch near City Hall for $1.85 million.
Scranton Acquires Fidelity Bank Branch for City Hall Expansion Scranton has officially purchased the Fidelity Bank branch located on North Washington Avenue for $1.85 million, intending to expand City Hall next door. This news was shared by city officials earlier this week. The Scranton City Council is slated to vote on Tuesday regarding a resolution […]
Fidelity clients can no longer access their 401(k) plans. Some view this as an unbelievable takeover, while the company claims it’s for security reasons.
In the ongoing tussle between major investment firms and fintech platforms for control over customers’ retirement accounts, some clients feel stuck in the crossfire. Recently, Fidelity’s new policies have ramped up tensions, particularly when they began limiting third-party financial advisors’ access. This has led to many customers losing online access to their 401(k) accounts, especially […]
SOL Listed on Fidelity; Gemini Introduces Solana Credit Card; $188 Support Under Consideration
Solana Market Updates Traders are trying to gauge if the market can maintain its position in the high $180s and shift to a base around $192 to $195. As of 15:45 UTC on October 25, the stock was trading near $191.95 after a brief attempt to reach $195 fell short. This Week’s Solana Highlights Earlier […]