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Fundstrat’s head of technical strategy says 2026 could be a rougher year for the stock market.
Mark Newton says in a new interview on Thoughtful Money that there are a couple of different negative factors heading deeper into 2026.
“I think we’re setting up for much more of a choppy year than we’ve seen in years past. We’ve had now three straight years of over 15% gains. Over 20% for the first two...
A US bank is warning nearly 4,000 customers that their names, Social Security numbers and financial account information could be at risk after a data breach.
Last May, the Florida-based Flagship Bank “became aware of suspicious activity within their environment” and launched an investigation, per a new filing with the Office of the Maine Attorney General.
“The investigation determined...
Amazon Handing $309,000,000 To Customers in Settlement Over Alleged Failure To Refund Returned Items
Retail giant Amazon is preparing to pay hundreds of millions of dollars to customers in a settlement over the company’s return and refund practices.
The class action lawsuit alleges that customers properly returned items in compliance with Amazon’s policies, but were wrongly denied refunds.
The deal creates a $309 million non-reversionary fund to cover unpaid refunds plus interest for affected...
Bitcoin (BTC) is now nearly 50% below its all-time high set four months ago.
And according to Bitwise Chief Investment Officer Matt Hougan, there is “never a single reason why the crypto market falls,” but rather multiple factors at work.
Hougan believes there are six major drivers behind the downturn.
Chief among them is long-term investors selling to “front-run the four-year cycle.” Hougan...
Wells Fargo declined to cash, reject or return a check worth thousands of dollars to a customer who waited weeks without a response, according to a new report.
Southern California resident Marylinn Loveless says she deposited a $10,000 check into a Wells Fargo ATM, but the machine never printed a receipt, reports the NBC-affiliated WRAL 5.
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“I got no receipt back, which I...
A Nigerian national spearheaded an inheritance scheme that drained more than $6 million from hundreds of Americans, according to the U.S. Department of Justice.
Prosecutors say 44-year-old Tochukwu Albert Nnebocha and his co-conspirators operated a transnational crime ring targeting vulnerable US citizens.
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They say Nnebocha’s crime organization sent hundreds of thousands of...
Authorities in Texas say they’ve uncovered a nationwide scam that’s drained $55 million from hundreds of elderly victims.
Federal, state and local officers just raided two jewelry stores in Irving and Frisco in connection with the so-called “gold bar scam.”
The businesses are accused of working with scammers who threatened elderly people with false claims that they were under criminal...
The director of a Los Angeles-based charity is accused of stealing at least $10 million from a trove of cash that was meant to help the homeless.
The U.S. Department of Justice says 42-year-old Abundant Blessings CEO Alexander Soofer received more than $23 million in homeless housing funds between 2018 and 2025.
But he allegedly used a huge chunk of the cash to buy a $7 million house in Westwood...
Hackers have launched a sophisticated mobile spyware platform that triggers a total compromise of Android and iOS devices.
Researchers at iVerify say the platform is called ZeroDayRAT and is currently for sale on Telegram.
It gives criminals a powerful web dashboard to seize full control of phones running Android 5 through 16 or iOS up to version 26, including the new iPhone 17 Pro.
Source:...
Wells Fargo has agreed to pay $56.85 million to settle a class action lawsuit accusing the bank of sending erroneous reports to credit agencies.
The lawsuit accuses the bank of wrongfully reporting mortgage accounts to credit bureaus as “in forbearance” during the pandemic, even though the accounts were current under the CARES Act.
Regulations required the bank to report the mortgages as current...