fidelity investments
Elon Musk's X now worth 71% less than when billionaire bought it as Twitter
January 1, 2024 | 5:16pmX, the platform formerly known as Twitter, is worth 71% less now than it was when Elon Musk bought it in late 2022, according to Fidelity. 🎃 🎀
401(k) balances shrank in latest quarter as more Americans took 'hardship withdrawals'
November 20, 2023 | 1:58pmThe average American's 401(k) balance plunged 4% in the latest fiscal quarter, attributed to an uptic💦k in "hardship w⛄ithdrawals," according to a new study by Fidelity.
Where to invest your money at a timꦏe of high interest rates
October 5, 2023 | 4:51pmFidelity's SPAXX money market account or high-yield savings accounts from SoFi or Ally could be options for those lookꦫing for a place to stash cash.
401(k)s drop ami𓃲d market turmoil, but rate of savℱings increases
June 9, 2022 | 8:54amTurmoil in the stock market and runaway inflation has caused alarm among retirees as those living on savings see their retirement funds dwindle. The average 401(kไ) plunged nearly $10,000 in...
Fidelity offไering bitco😼in investing option in 401(k) accounts
April 26, 2022 | 1:53pmRetirement giant Fidelity said it’s launched a way for workers to put some of their 401(k) sav🙈ings and contributions directly in bitcoin, potentially up to 20%, all from the account’s...
Fidelity pauses voluntary retu𝔍rn-to-office plans in New England
December 13, 2021 | 12:59pmB♊anking giant Fidelity Investments on Monday said it has paused voluntary return-to-office plans for employees in New England, citing a rising risk from the COVID-19 pandemic.
TD Am🔯eritrade puts limits on GameStop, AMC trades amid market mayhem ༒
January 27, 2021 | 10:39amTD Ameritrade moved to rein in a Reddit-fueled stock-market frenzy on Wednesday by limiting some tไrades of GameStop andღ AMC Entertainment. The video-game retailer and the struggling cinema chain have become...
Billionaire loses🍒 another $500M over seജx talk at conference
October 21, 2019 | 1:57pmOutspoken billionaire Ken Fisher just lost another big client due to his controversial comments likening money management to approaching a woman in a bar to have sex. A Fidelity In🙈vestments...
Trump says 'willing to negotiate' on 401(k) limits
October 25, 2017 | 2:36pmPresident Trump said he “may be willing to negotiat🎶e” with Congressional Republicans on lowering how much Americans can contribute to their 401(k) retirement accounts — just two days after promising...
Climate ♒activists score major win with Fidelity
May 26, 2017 | 10:41amFidelity Investments may support shareholder proxy proposals calling on companies t🅺o report on sustainability matters this year, a major shift by the Boston asset manager as climate activists gain more...
Ouch! Retireeꩵ health care costs hit record $260K 🎶
August 16, 2016 | 11:14amThe average 65-year-old couple retirin🦋g today will need $260,000 just to c꧂over healthcare expenses, a new study shows. That’s a six percent jump over last year’s estimated $245,000 and an...
Robo-investment advisers mak🐼e move into retirement accounts
March 10, 2016 | 12:05amRobo-investment advisers are on the mar♐ch. A leading company, Betterment, rolled out a Priceline-like program this week that syncs customers’ retirement accounts. Betterment, which oversees $3.7 billion in custome𝓀r funds,...
Fidelity launches 'Matrix'-style stock investing software
November 19, 2014 | 10:16amFinancial planning often involves lots of spreadsheets, pie charts and eyes glazing over. Fidelity Investments aims to change that equation wit👍h an experiment in 3-D technology designed to make money...
Fidelity mulls ne🦋w trading venue amid HFT concerns 🙈
April 11, 2014 | 8:10amFidelity Investments said on Thursday it is exploring the creation of a new trading venue with other asset managers, as regulators inves🌄tigate the controversial practice of high-frequency trading. Fidelity, the...