MortgagesBig banks cut thousands of jobs, more layoffs comingOctober 19, 202344Even as the economy has surprised forecasters with its resilience, lenders have cut headcount or announced plans to do so,...
CurrenciesDollar shines on US economy, Aussie tumbles after employment dataAugust 17, 202362Hundred dollar bills are seen in this photo illustraiton in Warsaw, Poland on Sept. 21, 2022.Jaap Arriens | Nurphoto |...
FundsThe Cassandras are wrong about the market (again) — here’s why I’m upbeatJuly 17, 202376The boogeymen continue to be fictional, despite endless attempts to drum up fear and hasten the departure of millions of...
BankingGlobal inflation data in focusJuly 10, 2023694 Mins AgoStocks on the move: GTT up 5%, Scout24 down 5%Shares of France's Gaztransport & Technigaz (GTT) added 5%...
EconomyHow the U.S. built a junk fee economyApril 25, 2023252Americans are collectively spending nearly $65 billion on sneaky fees, according to the White House."Sometimes they're called convenience fees. Sometimes...
CryptocurrencyMarkets sold off before the monthly U.S. jobs reportMarch 9, 202359Three Wells Fargo ATM's on 14th street, New York City.Lindsey Nicholson | Universal Images Group | Getty ImagesThis report is...
BankingJPMorgan Chase (JPM) earnings 4Q 2022January 13, 202364Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., speaks during the Institute of International Finance (IIF)...
MortgagesWells Fargo, once the No. 1 mortgage player, steps back from businessJanuary 10, 202359Wells Fargo is stepping back from the multitrillion-dollar market for U.S. mortgages amid regulatory pressure and the impact of higher...
MortgagesWells Fargo mortgage staff brace for layoffs as U.S. loan volumes collapseNovember 2, 2022124Mortgage volumes at Wells Fargo slowed further in recent weeks, leaving some workers idle and sparking concerns the lender will...
BankingDow climbs 600 points as strong bank earnings help fuel relief rallyOctober 17, 202278Strong breadth as market ralliesA look under the surface shows market breadth is strong Monday, as stocks rally. Roughly 2,647...