Bank of England hits Citigroup with biggest fine to date

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Bank of England hits Citigroup with biggest fine to date

LONDON (Reuters) – The Bank of England fined Citigroup (C.N) 43.9 million pounds ($56.3 million) on Tuesday, saying the U.S. banking group’s British operations failed to provide it with accurate regulatory returns between 2014 and 2018. FILE PHOTO: A …
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Dollar Tree Cuts Annual Outlook

Dollar Tree Inc. DLTR -16.98% reduced its profit outlook for the year on Tuesday as the discount retailer braces for higher costs related to its turnaround of its Family Dollar stores and the anticipated impact of tariffs on goods imported from China.
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Lawsuit: Betsy DeVos Failed Student Loan Borrowers

A new federal lawsuit alleges that Betsy DeVos failed student loan borrowers. Here’s what you need to know – and how it may affect you. New Lawsuit: The Allegations. Student Debt Crisis, a non-profit student loan advocate, alleges in a new lawsuit that the …
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Abercrombie & Fitch reports rise in Abercrombie same-store sales

(Reuters) – Abercrombie & Fitch Co (ANF.N) reported a better-than-expected 3% rise in same-store sales at its flagship brand on Tuesday, but said tariffs would hurt gross profit in the current quarter. Shares of the company were volatile in premarket trading …
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How to get the best deals on Black Friday

Forget turkey and pumpkin pie. More Americans are looking forward to doorbuster deals in the days ahead. Roughly 85% of adults will shop over Thanksgiving weekend, and 80% will visit a mall or shopping center, according to a pre-Black Friday intentions …
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