(Bloomberg) -- US consumers are standing firm in the face of hot inflation and rising interest rates -- even if they’re spending with a little less gusto and a lot more frustration. Retail...
The mortgage business is facing a double whammy of higher interest rates and a potential capital squeeze as the U.S. Federal Reserve unloads its balance sheet.
By Sam Boughedda Investing.com - Wells Fargo (NYSE:WFC) intends to reduce its mortgage business, a Bloomberg report claimed Monday. Wells Fargo's mortgage business used to provide one of...
Mortgage lending giant Wells Fargo is planning a retreat in its home-lending activities, according to a published report.
Here's why investors might want to keep their guard up in the stock market rally.
A new Wells Fargo analysis looked at the best 20 days for the S&P 500 Index between August 1992 and July 2022. Almost half of them occurred amid a bear market.
After making it through the busiest three weeks of earnings season, we're taking a step back and making sense of some of the common themes.
A strong labor market with robust wage gains might mean the Fed still has more work to do.
Surging interest rates and home prices that have yet to decline have put housing out of reach for many Americans and shut the refinance pipeline for lenders.
The job market’s continued strength is the main reason most economists don’t believe a downturn has started yet — but that may be changing.
Battered exchange-traded funds that focus on semiconductor stocks ended mixed Tuesday.
(Reuters) – Wells Fargo reinstated a hiring policy that requires recruiters to interview a diverse pool of candidates nearly two months after its suspension in June, the bank said on...
(Bloomberg) -- Wall Street’s biggest banks aren’t declaring an end to the Federal Reserve’s interest-rate increases, though they differ over the size of the next hike in September.The Fed...
Advanced Micro Devices, Inc.’s (NASDAQ: AMD) high-performance computing and visualization products help gamers get the most from their favorite titles, and over the past five years, the most...
Elon Musk plans to file a counter-lawsuit against Twitter in the coming days — the tech billionaire’s latest attempt to scrap his $44 billion agreement to buy the social-networking giant, a...
By Yasin Ebrahim Investing.com -- The Dow racked up gains Friday, after stronger economic data cooled fears of a significant economic slowdown, while Citigroup's blowout quarterly results...
By Yasin Ebrahim Investing.com -- The S&P 500 jumped Friday, as better-than-expected economic data eased worries about the pace of slowing economic growth while Citi rallied following...
By Liz Moyer Investing.com -- U.S. stocks jumped on Friday after better than expected retail sales data. Here are the midday movers for July 15: Citigroup Inc (NYSE:C) shares jumped...
(Bloomberg) -- US bank stocks jumped by the most in nearly two months on Friday, with Citigroup Inc (NYSE:C).’s strong second-quarter results helping lift sentiment for the entire...
By Liz Moyer Investing.com -- U.S. stocks opened higher as stronger than expected retail sales data put aside some fears about an economic downturn. At 9:51 AM ET, the Dow Jones Industrial...
By Senad Karaahmetovic Shares of Wells Fargo (NYSE:WFC) are modestly down in preopen Friday after the banking titan reported results for the second quarter that missed the average...
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Friday, July 15th. Please refresh for updates. Wells Fargo (NYSE:WFC) stock fell 0.9% after the lender reported a...
Investing.com - Wells Fargo (NYSE:WFC)&Co reported on Friday second quarter {{erl-7992||earnings that missed analysts' forecasts and revenue that fell short of expectations. Wells...
By Geoffrey Smith Investing.com -- The U.S. releases retail sales data for June, with the numbers set to figure prominently when the Federal Reserve next comes to set U.S. interest rates....
Washington, July 15 (IANS) Initial jobless claims in the United States last week rose to 244,000, the highest level in eight months and the latest sign that the labour market might be...
By Oliver Gray Investing.com - U.S. stock futures were trading higher during Thursday’s evening deals, after major benchmark averages finished the regular session in a mixed fashion amid...
By Liz Moyer Investing.com -- Stocks retraced some of their losses on Thursday but still headed for a mostly lower close after bank earnings cast a shadow over the outlook for the...
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