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U.S. retail sales rebounded more than expected in June, suggesting a modest improvement in economic activity and giving the ...
The layoffs reflect a trend echoed across the global financial sector, where automation, AI adoption, and cost optimisation ...
Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR exec at the bank is coercing ...
Shares of Wells Fargo & Co. (WFC) tumbled on Tuesday morning after the bank posted tepid performance in the second quarter.
Wells Fargo beat second-quarter profit estimates on Tuesday but cut its 2025 guidance for net interest income, sending the shares of the lender down 2% in trading before the bell. The bank expects its ...
Wells Fargo released its latest U.S. Economic Outlook report, offering a measured assessment of current economic conditions.
The U.S. added 147,000 jobs last month and unemployment fell, but underlying data shows weakening private hiring, a shrinking labor force, and growing uncertainty from Trump’s economic policies.
The steady slowdown in U.S. hiring likely continued in June as President Donald Trump’s trade wars, federal hiring freeze and immigration crackdown weighed on the American job market.
Labor market, consumer spending, and revised GDP data show the economy is facing serious headwinds.
The US private sector lost jobs in June, the first negative month in more than two years, according to new data Wednesday from payroll provider ADP.
Wells Fargo forecasts a volatile 2025 for US stocks due to tariffs and slower growth, but predicts a stronger 2026 with new highs.