The lawmakers criticized the regulator for a lack of specificity in its public notice about why removing a limit on the ...

The U.S. Federal Reserve's unprecedented, seven-year long punitive measure was imposed on Wells in 2018 and restricted ...

The Fed’s restrictions were part of an enforcement action tied to Wells Fargo’s creation of millions of unauthorized bank ...

I joined with more than 300 economists from universities, think tanks, and businesses across the country to convey a message ...

Wells Fargo’s profitability has been rising, with its adjusted preprovision net revenue increasing to nearly $30 billion in 2024 from $23.5 billion in 2022. The company’s return on tangible common ...

Live Updates Live Coverage Has Ended Stock Market 'Rocket Fuel' 2:23 pm by Gerelyn Terzo Today’s stronger-than-expected May ...

The long-resilient labor market slowed down a little in May, adding 139,000 jobs, according to Bureau of Labor Statistics ...

The Dow Jones Industrial Average rose 442.88 points, or 1.05%, to 42,762.62, the S&P 500 gained 61.02 points, or 1.03%, to ...

Economists say President Donald Trump's flip-flopping on import tariffs has hampered businesses' ability to plan ahead and hire more workers.

The nonfarm payrolls report shows the economy is "hanging in there," though it is slowing, said Jeff MacDonald of Fiduciary ...

The lawyers who negotiated a $69 million settlement with UnitedHealth Group Inc. over the Wells Fargo & Co. target date funds ...