'Despacito' sets new record
NEW YORK (LilaMax Media) —
It's happened again. Retirement savings account balances have hit all-time highs. With Friday's close, Fidelity said the average 401(k) balance is right around $100,000. That's an almost 10 percent gain from a year ago.
Wells Fargo shares fell after the bank said there could be a significant increase in unauthorized accounts. Last fall, the bank paid $185 million in penalties after it was discovered workers had opened about 2 million consumer deposit and credit card accounts without customers' authorization since 2011.
The American Gaming Association is calling on casino operators to better promote responsible gambling. Under the updated code, casino operators are asked to explain to patrons the odds of winning or losing at various games. The companies are also asked not to use advertising that contains claims that gambling will guarantee a person's social, financial, or personal success.
The music video for the No. 1 hit song "Despacito" has a new record. It's become the most popular clip on YouTube of all time with more than 3 billion views. YouTube announced Friday that Luis Fonsi's international hit with Daddy Yankee has surpassed previous record holder "See You Again," the song by Wiz Khalifa and Charlie Puth from the "Furious 7" soundtrack.