The Latest Breaking News from Wells Fargo

A federal judge said Microsoft can proceed with its purchase of Activision Blizzard, while Amazon.com was added to Wells Fargo's "signature picks" list.

Dow Jones rose ahead of Friday's inflation report. Amazon rose after Wells Fargo made it a "signature pick." Bank earnings loom.

The bank has suffered numerous scandals, but this time the call is coming from inside the house (and the accusations are very serious.)

As the U.S. celebrates its birthday with hot dogs and fireworks, the economy continues to grow, the job market is strong, but inflation and rising interest rates are keeping recession fears alive.

The U.S. Supreme Court’s ruling throwing out President Joe Biden’s student loan relief plan will likely further dent consumer spending at a time when the main engine of the economy is already stalling.

A group of Democratic senators is asking the Consumer Financial Protection Bureau to take action against medical credit cards such as CareCredit, saying the cards’ deferred interest features are confusing and often lead to consumers paying high interest rates after a promotional period has ended

Bank stocks rose early Thursday after the Federal Reserve announced its 2023 stress test results Wednesday for a hypothetical "severe" recession.

Midday in Wednesday trading, Pinterest stock is up more than 5%. Up nearly 14% in the past month, there’s an argument to be made that PINS has become a FOMO stock.

Wells Fargo's latest outlook is that stock prices are not likely to rebound until 2024 and a moderate recession is coming.