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A Saudi family feud, a decade-long debt saga and a court's $14 billion decision

Saudi Arabia's largest and longest debt saga, fueled by a feud that has split one of its richest families, could be nearing a resolution after a court approved about $14 billion in claims related to the collapse of two business empires a decade ago.



5 years ago

U.S. trade deficit drops to more than three-year low

The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration's trade war with China, and exports rebounded, suggesting the economy ended 2019 on solid footing.



5 years ago

Japanese ambassador to Lebanon requests more cooperation on Ghosn: statement

Japan's ambassador to Lebanon on Tuesday requested greater cooperation from President Michel Aoun in dealing with former Nissan boss Carlos Ghosn in order to avoid negative repercussions for their bilateral ties, Lebanon's presidency said in a statement.



5 years ago

Lebanon says it will take the necessary steps over Interpol red notice for ex-Nissan boss Ghosn

Lebanon's public prosecutor has received an Interpol red notice over fugitive ex-Nissan boss Carlos Ghosn and will take the necessary steps, caretaker justice minister Albert Serhan said on Tuesday.



5 years ago

Here's one way to dig out of huge credit card debt — with strings attached

Moving a balance from a high-rate credit card to one with a no-interest or low-interest offer can reduce the amount of interest you're paying. However, if the balance is not paid off in full before the introductory period expires, it can come back to bite you.

5 years ago

Wall Street poised for small gains as Mideast concerns ebb

U.S. stock index futures signaled small gains for Wall Street at the open on Tuesday, as investors took comfort from the absence of fresh escalation in the standoff between the United States and Iran.



5 years ago

ABLE accounts let the disabled plan, dream and save big—without risking essential federal benefits

ABLE accounts are simple to set up and have low minimums, so disabled people can save for the future.

5 years ago

S&P 500, Dow open slightly lower, chips support Nasdaq

The S&P 500 and the Dow opened slightly lower on Tuesday, dragged down by healthcare and energy stocks, while the Nasdaq was supported by positive corporate updates from chipmakers.



5 years ago

Canada posts Nov. trade deficit of C$1.09 billion, rail strike takes toll

Canada posted a trade deficit of C$1.09 billion ($0.84 billion) in November, thanks in part to a major railway strike that slowed the shipment of imports and exports, Statistics Canada said on Tuesday.



5 years ago

Japan issues arrest warrant for Ghosn's wife amid efforts to snare him

Japanese prosecutors on Tuesday issued an arrest warrant for Carlos Ghosn's wife for alleged perjury, as officials stepped up efforts to bring the fugitive car industry boss back to face trial on financial misconduct charges.



5 years ago

Falling imports push U.S. trade deficit to three-year low

The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration's trade war with China, and exports rebounded, suggesting the economy ended 2019 on solid footing.



5 years ago

Social Security benefits narrow the wealth gap. But it's not enough to keep low-wage earners out of poverty in retirement

New research from The New School Schwartz Center for Economic Policy Analysis shows that Social Security retirement benefits help narrow the gap between the haves and have nots. But it's not enough to prevent some workers from facing poverty in retirement.

5 years ago

Now's the time to switch or ditch your Medicare Advantage Plan if you don't like it

Anyone enrolled in an Advantage Plan should be aware that the Medicare program allows beneficiaries to choose different coverage one time during a three-month window that closes March 31.

5 years ago

Goldman Sachs shakes up business units in push for more transparency

Goldman Sachs Group Inc will start reporting details on its consumer business for the first time and get rid of a volatile reporting line called investing and lending, in response to long-standing requests from analysts and investors.



5 years ago

Here's why Americans are contributing more to their 401(k) plans

Americans are stashing away more of their salaries in their 401(k) plans, due partly to the greater share of businesses automatically enrolling workers at higher savings rates.

5 years ago