[ad_1] Wells Fargo said late Tuesday it was shrinking its home-mortgage business, aiming to serve…
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Wells Fargo & Co.
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STOCK MARKET
Banks gain favor in risk-off environment but earnings uncertainty remains
by userby user[ad_1] J.P.Morgan Chase & Co., Wells Fargo Co., Citigroup Inc. and Bank of America Corp.…
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STOCK MARKET
Credit Acceptance shares tumble 10% after regulators sue, claim illegal subprime auto lending practices
by userby user[ad_1] Shares of subprime auto giant Credit Acceptance Corp CACC, -11.59% tumbled about 10% on…
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STOCK MARKET
Goldman sharpens knife on headcount, bonuses along with other big banks
by userby user[ad_1] Goldman Sachs Group Inc. will cut bonuses by about 40% in the deepest belt-tightening…
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STOCK MARKET
‘I’m bullish because everybody is bearish’: Investment managers see gains possible in 2023 despite recessionary jitters
by userby user[ad_1] The coming year for investing may turn out to be better than many expect…
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STOCK MARKET
Why risk of lower 2023 earnings spells bad news for stock market as inflation crushes Fed-pivot hopes
by userby user[ad_1] Unrelenting inflation has dashed hopes for a quick pivot away from aggressive interest rate…
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[ad_1] An earlier version of this report misstated the name of the company that runs…
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STOCK MARKET
Forget big layoffs: Job-market strength to persist despite labor costs pinching company earnings
by userby user[ad_1] Not everyone expects to see large-scale layoffs wash over America, even as recession fears…
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[ad_1] JPMorgan Chase & Co. shares rose Friday after the megabank beat analyst targets for…
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STOCK MARKET
The bank best positioned for upcoming earnings is the most criticized one in Washington, says this Bank of America analyst
by userby user[ad_1] This recent market turmoil was brought to you by the letter “P”. Prices that…