Banks are now having to compete for deposits, unlike earlier during the pandemic. Banks are quick to charge borrowers more for products including credit card debt and mortgages in a...
Of the 10 major sectors on the S & P 500, nine have notched gains over the past month. That included a bunch of growth sectors such as tech, industrials, communication services and materials....
July's payrolls report came in stronger than expected, rising by 528,000. Economic data and earnings reports have been dictating the pace of the market. Investors search for hints on what the...
Wells Fargo, the fourth largest bank in the United States by market capitalization, has released a special report entitled “Understanding Cryptocurrency,” which compares digital assets to the...
Credit-card balances account for about $890 billion of Americans' staggering $16 trillion in household debt. A Bloomberg report highlighted a worrying rise in delinquent accounts among...
Recession fears and price pressures haven't tamed Americans' urge to splurge.Driving the news: Credit-card balances are defying the gravitational pull of stubborn inflation and slower growth. They...
NEW YORK (AP) — In 2020, Kelly Jackson and Davina Arceneaux wanted to leave their company jobs and become business owners. They were looking for something both COVID-proof and...
I've recently rebalanced my 401k to be pretty diversified into ETF's. I've bought plenty of tech stocks over the last few years and sold them off during the fall of 2021. I'm very bullish on tech...
U.S. job growth unexpectedly accelerated in July, lifting the level of employment above its pre-pandemic level. Average hourly earnings rise 0.5%; up 5.2% year-on-year. Participation rate falls to...
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The job market’s continued strength is the main reason most economists don’t believe a downturn has started yet — but that may be changing.
WASHINGTON (AP) — The American job market has defied raging inflation, rising interest rates, growing recession fears. Month after month, U.S. employers just kept adding hundreds of thousands of...
Healthy dividend stocks have the potential to: Offer a plump income stream in both good times and bad times. Provide much-needed diversification to growth-oriented portfolios. Outperform the S&P...
By Sam Boughedda According to a Wells Fargo analyst, Lowe's Cos. shares could see some relief when the company reports earnings later this month. The analyst lowered the firm's price target on...
By Pete Schroeder WASHINGTON - A new bill introduced in the U.S. Senate would make the Commodity Futures Trading Commission (CFTC) the direct regulator of the biggest cryptocurrencies. The...
Equifax provided inaccurate credit scores on millions of U.S. consumers seeking loans during a three-week period earlier this year, according to bank executives and others familiar with the...
Equifax Sent Lenders Wrong Info On Millions Of Consumers, Causing Higher Rates, Denials Credit company Equifax provided inaccurate credit scores for millions of US consumers to banks...
Equifax sent out incorrect credit scores for millions of customers applying for home and auto loans, the Wall Street Journal reported. Some scores changed by as much as 20 points in either...
The scores covered consumers applying for auto loans, mortgages and credit cards to lenders including JPMorgan Chase and Wells Fargo.
By Sam Boughedda The Federal Trade Commission announced Monday that online home buying firm Opendoor will have to pay $62 million "for cheating potential home sellers." According to the FTC...
- Wells Fargo (NYSE:WFC) reinstated a hiring policy that requires recruiters to interview a diverse pool of candidates nearly two months after its suspension in June, the bank said on Monday. The...
Wells Fargo reinstated a hiring policy that requires recruiters to interview a diverse pool of candidates nearly two months after its suspension in June, the bank said on Monday.
Boeing shares rallied more than 7% after FAA approved inspection protocol revisions. Defense workers will vote on a new proposed labor agreement on Wednesday. Target stock rose more than 2% after...
Pre-Open Stock Movers: Mobile Global Esports Inc. 48% HIGHER; sees continued momentum after Friday's IPO. Romeo Power, Inc. (RMO) 22% HIGHER; Nikola Corporation (NKLA), and Romeo Power, Inc....
NEW YORK - The long-term effects of the Russian invasion of Ukraine for investors in emerging market stocks include a reassessment of EM benchmarks, a reshaping of global trade, and premium value...