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The Latest Breaking News from Wells Fargo

Stock market today: Asian shares sink as investors brace for Israeli invasion of Gaza

Shares have fallen in Asia as investors braced for an expected invasion of Gaza by Israel

The Independent UK

What to Do As Big Bank Profits Translate Into Unusual Options Activity

Wells Fargo, JPMorgan Chase, and Citigroup all reported good earnings Friday before the open. All of their prices are up more than 3% in midday trading. Today’s strong results are providing unusual options activity in the banking sector. Here’s how to play it.

Barchart

JPMorgan Chase CEO Jamie Dimon warns the Israel-Hamas conflict ‘may have far-reaching impacts’ on the economy. ‘This may be the most dangerous time the world has seen in decades’

“Last week’s attacks on Israel may have far-reaching impacts on energy and food markets, global trade, and geopolitical relationships,” Dimon warned.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

What Lies Ahead for Wells Fargo & Company (WFC) Stock Before Earnings?

Investors will closely track the third-quarter earnings of big banks like Wells Fargo (WFC). While the bank is widely expected to report a drop in its earnings year-over-year, it is likely to report higher revenues. Let’s discuss what lies ahead for WFC. Keep reading….

StockNews.com

How To Find Options Trades This Earnings Season

Earnings season kicks off next week with some big name companies due to report earnings including Citigroup, JP Morgan Chase, Delta Airlines, Wells Fargo, Blackrock, Unitedhealth Group.

Barchart

5 economic shocks are about to hit the U.S. all at the same time: ‘There are storm clouds out there forming that we're all seeing and watching—fearfully’

Jerome Powell was asked if he shares the Fed staff’s view that the economy is headed for a soft landing last month. “No, I would not do that,” he said.

Fortune

Are you a big spending on groceries and streaming services?

This card from American Express could be a contender for those looking for grocery store and streaming perks—but beware restrictions on reward redemption.

Fortune

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Looking for an everyday cash back credit card?

American Express Blue Cash Everyday® Card offers decent cash back, but annual reward caps will limit your annual card benefits.

Fortune

Looking for a delicious addition to your wallet? The Capital One SavorOne Rewards card could fit the bill.

With no annual fee and a generous 3% cash back rewards tier, the Capital One SavorOne Cash Rewards could be a decicious addition to your wallet.

Fortune

Wall Street’s most powerful woman shakes up Citibank in bid to narrow gap with rivals: ‘We’ll be saying goodbye to some very talented and hard-working colleagues’

Frustrated that Citi is 'seriously underestimated', Fraser bills her plan as the most consequential change in the way the bank runs in nearly 20 years.

Fortune

Bank of America (BAC) vs. Wells Fargo (WFC) vs. JPMorgan (JPM): Which Bank Stock Has Better Momentum Behind It?

The U.S. banking industry currently faces challenges like rising deposit costs, rating downgrades, slowing loan growth, stricter lending standards, etc. Therefore, watching the momentum of major banks like JPMorgan Chase (JPM), Wells Fargo (WFC), and Bank of America (BAC) could offer investment opportunities. Let’s find out which of these stocks…

StockNews.com

N.J. nurses strike gets heated

Striking nurses see health care canceled as $6.6 billon N.J. hospital chain digs in; both sides claim bad faith

Salon

China's $18 trillion economy has indigestion—and the factory of the world could export its deflation and growth problems globally

"If you get a scenario where China is really in crisis and exporting deflation, I can see where that actually filters through the United States," said an international economist at Wells Fargo.

Fortune

'Every day is another challenge': Wells Fargo vice chair of public affairs says the bank is still on its journey to rebuilding trust

Wells Fargo is still dogged by its 2016 'fake accounts' scandal, and each day is a chance to either rebuild or lose more trust.

Fortune

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Chicago Sun-Times

Criminal gangs might be selling your identity to fraudsters. Here’s how and how to protect yourself.

They use sham bank accounts and online marketplaces to create “drop accounts” to steal from almost anyone — and some banks do little to fight the fraud. One victim: the Illinois EPA.

Capital & Main

Why Ambitious U.S. Emissions Reduction Goals Are Increasingly Out of Reach

Amid huge profits for oil majors, pressure builds on banks to cut ties.

Broadcasting & Cable

Cord-Cutting To Hit 8.1% in 2023: Analyst

Loss of subs could drive M&A activity, Wells Fargo’s Steven Cahall says

Capital & Main

As Climate Crisis Worsens, Debate Heats Up Over Transition to Clean Energy and Bank ‘Greenwashing’

More banks targeted for financing fossil fuel activity, including via a ‘hidden pipeline.’

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news in one place.

100's of premium titles.
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Fortune

Texting about work? Don’t risk it if you’re a CFO

The SEC is cracking down on poor record keeping by financial firms where employees use texts or other phone apps for communication about business dealings.

Zenger

Historic Steve Jobs Check Pre-Dating Apple Up For Auction

Signed by Jobs and Wozniak, the check likely linked to production of first Apple-1 Computers

Fortune

Wells Fargo Active Cash® Card review: Flat 2% cash back on all purchases and no annual fee

Whether you’re opening your first rewards card or you’re looking to add a high-octane cash back card to your wallet, the Wells Fargo Active Cash is among the best.

Al Jazeera

Is the US interest rate tightening cycle finally over?

Even as US Fed raised its interest rates again on Wednesday, analysts are split if there will be another hike this year.

StockNews.com

Are These 3 Industrial Stocks Quality Buys?

With the industrial sector's global shift toward greater sustainability enhancing its prospects, could these building material stocks, James Hardie Industries (JHX), Installed Building Products, Inc. (IBP), and Tecnoglass Inc. (TGLS), be quality buys? Keep reading to find out….

Fortune

Office real estate values are moving down so fast that banking giants like Wells Fargo are already bracing for losses

Wells Fargo CEO Charlie Scharf: "we are reserving for the weakness that we expect to play out in that market over time."

Kiplinger

Stock Market Today: Dow Outperforms After Blowout UnitedHealth Earnings

The major market indexes failed to make big moves despite a solid start to second-quarter earnings season.

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