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Tag: wells fargo

FILE PHOTO: Raindrops hang on a sign for Wall Street outside the New York Stock Exchange in Manhattan in New York City, New York, U.S., October 26, 2020. REUTERS/Mike Segar

Nasdaq, S&P gain on megacap boost in lead up to inflation report

The S&P 500 and the Nasdaq rose on Tuesday as most megacap stocks gained, with focus now moving to key inflation data later this week.

Read More Nasdaq, S&P gain on megacap boost in lead up to inflation report
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 30, 2024. REUTERS/Brendan McDermid/File Photo

Wall St kicks off September on downbeat note at start of data-packed week

Wall Street’s main indexes fell over 1% as investors assessed latest factory activity data.

Read More Wall St kicks off September on downbeat note at start of data-packed week
The Wells Fargo logo is seen on a sign outside of a Wells Fargo Home Mortgage branch office March 20, 2007 in San Francisco, California. San Francisco based Wells Fargo & Co. announced today that it is cutting over 500 jobs in the home mortgage divisions in South Carolina, Arizona and California that cater to high-risk borrowers. (Photo by Justin Sullivan/Getty Images)

Wells Fargo Employee Found Dead At Her Desk 4 Days After Clocking In 

A Wells Fargo employee has been found dead in her cubicle four days after she last clocked in. 

Read More Wells Fargo Employee Found Dead At Her Desk 4 Days After Clocking In 
A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo

Bank Of America, Wells Fargo And JPMorgan Investigated On Zelle Customer Funds, Scams

According to a Wall Street Journal piece published on Wednesday, the Consumer Financial Protection Bureau is probing how big U.S. banks have been managing their customers’ money on the peer-to-peer payments network Zelle.

Read More Bank Of America, Wells Fargo And JPMorgan Investigated On Zelle Customer Funds, Scams
People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, 2023. REUTERS/Eduardo Munoz/File Photo

Exclusive: Fed may tweak rule that could save biggest US banks billions

At issue is how the central bank calculates an extra layer of capital it imposes on U.S. global systemically important banks, known as the “GSIB surcharge.”

Read More Exclusive: Fed may tweak rule that could save biggest US banks billions
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 3, 2024. REUTERS/Brendan McDermid/File Photo

S&P 500, Nasdaq notch record highs with inflation data, earnings in focus

The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.

Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focus

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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