Big banks cut thousands of jobs, more layoffs coming
Even as the economy has surprised forecasters with its resilience, lenders have cut headcount or announced plans to do so,...
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Dollar shines on US economy, Aussie tumbles after employment data
Hundred dollar bills are seen in this photo illustraiton in Warsaw, Poland on Sept. 21, 2022.Jaap Arriens | Nurphoto |...
The Cassandras are wrong about the market (again) — here’s why I’m upbeat
The boogeymen continue to be fictional, despite endless attempts to drum up fear and hasten the departure of millions of...
Global inflation data in focus
4 Mins AgoStocks on the move: GTT up 5%, Scout24 down 5%Shares of France's Gaztransport & Technigaz (GTT) added 5%...
How the U.S. built a junk fee economy
Americans are collectively spending nearly $65 billion on sneaky fees, according to the White House."Sometimes they're called convenience fees. Sometimes...
Markets sold off before the monthly U.S. jobs report
Three Wells Fargo ATM's on 14th street, New York City.Lindsey Nicholson | Universal Images Group | Getty ImagesThis report is...
JPMorgan Chase (JPM) earnings 4Q 2022
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF)...
Wells Fargo, once the No. 1 mortgage player, steps back from business
Wells Fargo is stepping back from the multitrillion-dollar market for U.S. mortgages amid regulatory pressure and the impact of higher...
Wells Fargo mortgage staff brace for layoffs as U.S. loan volumes collapse
Mortgage volumes at Wells Fargo slowed further in recent weeks, leaving some workers idle and sparking concerns the lender will...
Dow climbs 600 points as strong bank earnings help fuel relief rally
Strong breadth as market ralliesA look under the surface shows market breadth is strong Monday, as stocks rally. Roughly 2,647...
