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The Latest Breaking News from Wells Fargo

5 economic shocks are about to hit the U.S. all at the same time: ‘There are storm clouds out there forming that we're all seeing and watching—fearfully’

Jerome Powell was asked if he shares the Fed staff’s view that the economy is headed for a soft landing last month. “No, I would not do that,” he said.

Fortune

Are you a big spending on groceries and streaming services?

This card from American Express could be a contender for those looking for grocery store and streaming perks—but beware restrictions on reward redemption.

Fortune

Looking for an everyday cash back credit card?

American Express Blue Cash Everyday® Card offers decent cash back, but annual reward caps will limit your annual card benefits.

Fortune

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read the most diverse news in one place.

Looking for a delicious addition to your wallet? The Capital One SavorOne Rewards card could fit the bill.

With no annual fee and a generous 3% cash back rewards tier, the Capital One SavorOne Cash Rewards could be a decicious addition to your wallet.

Fortune

Here's how I used my BILT Mastercard to get free flights by paying rent and utilities.

This move is must for renters.

The Street

Wall Street’s most powerful woman shakes up Citibank in bid to narrow gap with rivals: ‘We’ll be saying goodbye to some very talented and hard-working colleagues’

Frustrated that Citi is 'seriously underestimated', Fraser bills her plan as the most consequential change in the way the bank runs in nearly 20 years.

Fortune

Bank of America (BAC) vs. Wells Fargo (WFC) vs. JPMorgan (JPM): Which Bank Stock Has Better Momentum Behind It?

The U.S. banking industry currently faces challenges like rising deposit costs, rating downgrades, slowing loan growth, stricter lending standards, etc. Therefore, watching the momentum of major banks like JPMorgan Chase (JPM), Wells Fargo (WFC), and Bank of America (BAC) could offer investment opportunities. Let’s find out which of these stocks…

StockNews.com

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N.J. nurses strike gets heated

Striking nurses see health care canceled as $6.6 billon N.J. hospital chain digs in; both sides claim bad faith

Salon

China's $18 trillion economy has indigestion—and the factory of the world could export its deflation and growth problems globally

"If you get a scenario where China is really in crisis and exporting deflation, I can see where that actually filters through the United States," said an international economist at Wells Fargo.

Fortune

Wells Fargo faces another SEC fine

Wells Fargo is gearing up to pay out more money for its misdeeds.

The Street

'Every day is another challenge': Wells Fargo vice chair of public affairs says the bank is still on its journey to rebuilding trust

Wells Fargo is still dogged by its 2016 'fake accounts' scandal, and each day is a chance to either rebuild or lose more trust.

Fortune

Criminal gangs might be selling your identity to fraudsters. Here’s how and how to protect yourself.

They use sham bank accounts and online marketplaces to create “drop accounts” to steal from almost anyone — and some banks do little to fight the fraud. One victim: the Illinois EPA.

Chicago Sun-Times

Why Ambitious U.S. Emissions Reduction Goals Are Increasingly Out of Reach

Amid huge profits for oil majors, pressure builds on banks to cut ties.

Capital & Main

Maui Wildfires: Investors Assess Hawaii-Related Stocks, Power Provider Faces Lawsuit

Devastating Maui wildfires have placed Hawaii-related stocks on investors' radar. Hawaii Electric faces lawsuit for role in blaze.

Investors Business Daily

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Broadcasting & Cable

Cord-Cutting To Hit 8.1% in 2023: Analyst

Loss of subs could drive M&A activity, Wells Fargo’s Steven Cahall says

The Street

Nvidia extends gains as Wells Fargo, UBS lift price targets into Q2 earnings

Wall Street continues to see deeper second-half AI demand supporting sales and earnings from chipmaker Nvidia, which reports earnings next week.

Capital & Main

As Climate Crisis Worsens, Debate Heats Up Over Transition to Clean Energy and Bank ‘Greenwashing’

More banks targeted for financing fossil fuel activity, including via a ‘hidden pipeline.’

Fortune

Texting about work? Don’t risk it if you’re a CFO

The SEC is cracking down on poor record keeping by financial firms where employees use texts or other phone apps for communication about business dealings.

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news in one place.

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The Street

Wells Fargo Under Fire After Banking Deposit Incident

Now you see your bank deposit, now you don't -- a technical glitch has banking customers fuming.

The Street

Wells Fargo Has a New Fake-Account Scandal (and a $1.8 Billion Headache)

The beleaguered financial institution faces new allegations that impact people who aren't customers of the bank this time.

Zenger

Historic Steve Jobs Check Pre-Dating Apple Up For Auction

Signed by Jobs and Wozniak, the check likely linked to production of first Apple-1 Computers

Fortune

Wells Fargo Active Cash® Card review: Flat 2% cash back on all purchases and no annual fee

Whether you’re opening your first rewards card or you’re looking to add a high-octane cash back card to your wallet, the Wells Fargo Active Cash is among the best.

Al Jazeera

Is the US interest rate tightening cycle finally over?

Even as US Fed raised its interest rates again on Wednesday, analysts are split if there will be another hike this year.

StockNews.com

Are These 3 Industrial Stocks Quality Buys?

With the industrial sector's global shift toward greater sustainability enhancing its prospects, could these building material stocks, James Hardie Industries (JHX), Installed Building Products, Inc. (IBP), and Tecnoglass Inc. (TGLS), be quality buys? Keep reading to find out….

Investors Business Daily

Tesla Stock Sinks After Earnings Jump 20%; Elon Musk Says 'Autonomy' Will Make Sliding Margins 'Look Silly'

Tesla earnings beat views late Wednesday, while Elon Musk said self-driving will make concerns about profit margins "look silly." TSLA stock fell.

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