City Fargo, county Wells Financial News

14.10 / 16:58

COST FIVE wellness Trade reports Profiles Wells Fargo shares jump after earnings top Wall Street expectations

Wells Fargo on Friday reported third-quarter earnings that exceeded Wall Street expectations, causing its shares to rise.

14.10 / 11:36

markets DOW JPMorgan economy wellness reports Stock market today: Wall Street rises to close its latest record-setting week as banks jump

U.S. stocks rose to records as JPMorgan Chase, Wells Fargo and other big financial companies rallied on better-than-expected profit reports

10.10 / 19:04

markets COST UPS Target economy Food Here's the inflation breakdown for September 2024 — in one chart

Inflation fell in September as lower gasoline prices combined with other waning price pressures in areas such as housing to bring relief to consumers' wallets, according to the U.S. Bureau of Labor Statistics.

08.10 / 11:31

COST UPS JPMorgan Bill reports Carrying a credit-card balance has gotten way more expensive

Americans can’t remember a time when it cost as much to carry a credit-card balance.

13.09 / 19:49

markets Morningstar wellness Trade Experts performer country Stocks often drop in September — but many investors shouldn’t care

September historically hasn't been kind to stock investors.

13.09 / 16:49

UPS Action wellness reports Scandals International Newly freed from federal restrictions, Wells Fargo agrees to shore up crime risk detection

Wells Fargo has agreed to work with U.S. bank regulators to shore up its financial crimes risk management, including internal controls related to suspicious activity and money laundering

03.09 / 22:20

markets DOW NVIDIA performer US Stock Market: S&P 500, Dow Jones, Nasdaq record biggest drop since early August. Check top performing shares

US stock market's main indexes slid on Tuesday as Wall Street saw the benchmark S&P 500 index, Nasdaq and Dow registering their biggest daily drop since early August. The broad-based S&P 500 shed 2.1 percent to 5,528.93, while Dow Jones Industrial Average fell 1.5 percent to 40,936.93. The tech-focused Nasdaq finished at 17,136.30, down 3.3 percent in the market's first session in September following Labor Day 2024 holiday. Semiconductor shares Nvidia, Advanced Micro Devices and Intel all fell about eight percent or more. Shares of chip stocks were hard hit, with AI heavyweight Nvidia tumbling nearly 10 per cent and Wall Street's chip index the PHLX chip index slumping 8 per cent.

31.08 / 06:10

security Death wellness love Department Investigations Wells Fargo employee found dead in her cubicle 4 days after clocking in

A 60-year-old Wells Fargo employee was found dead in her cubicle at the bank’s corporate office in Tempe, Ariz., and police believe she may have been there unnoticed for four days.

27.08 / 18:56

markets UPS IPO ICE wellness Trade The IPO market gets cold feet

September is a popular time for companies to go public. This month’s stock-market volatility is putting some plans on ice. Companies weighing whether to make their stock-market debuts face a critical decision in the coming weeks: pull the trigger soon so they can launch their deals before year-end or hold off until 2025.

23.08 / 18:32

Career Platform community wellness President Department volunteers Sanctuary welcomes $400M breakaway group from Merrill

Sanctuary Wealth has strengthened its advisory network in the eastern US as a four-person breakaway team makes a leap for independence.

17.08 / 04:58

markets UPS DOW economy show World stocks extend week-long rebound after slew of US data

economic data helped soothe fears of a recession in the world's largest economy. On Wall Street, stocks extended their biggest weekly percentage gains of the year. The Dow Jones Industrial Average finished up about 0.25% — bringing its weekly gain to 2.7% — while the S&P 500 and Nasdaq Composite both increased 0.2%; they were up about 3.7% and 5% on the week, respectively.

16.08 / 01:35

UPS ETF Strategy Invesco Trade reports Big Wall Street Investors Bought Into Bitcoin ETFs in Q2

Prominent Wall Street firms and large institutional investors bought into spot bitcoin (BTCUSD) exchange-traded funds in the second quarter, a sign of a healthy appetite for the products in the traditional financial sector.

15.08 / 18:08

Citi Provident Booking Align community wellness 35-year veteran LPL advisor defects to Avantax

Avantax, the tax-oriented financial planning and wealth management firm under Cetera, continues to demonstrate its appeal for planning-focused advisors as it adds a seasoned professional from LPL.

15.08 / 00:01

UPS Provident Research wellness pandemic Trade After UBS earnings, is cash sweep drama over?

UBS Group Wednesday morning became the latest wealth management firm to declare it was increasing yields on clients’ cash held in advisory accounts, joining Wells Fargo & Co., Morgan Stanley and others who also recently raised rates due to competitors paying substantially better yields on cash.

07.08 / 16:08

markets COST UPS economy Moodys wellness show A 'soft landing' is still on the table, economists say

Recession fears led to a sharp stock-market selloff in recent days, with the S&P 500 index posting a 3% loss Monday, its worst in almost two years.

06.08 / 23:07

Provident Maxim SEC security wellness information Investigations SEC looks at Morgan Stanley’s cash in advisory accounts

The months long concern over interest rates that broker-dealers pay on cash clients hold in investment advisory accounts took another turn this past week, with Morgan Stanley on Monday revealing that the Securities and Exchange Commission is seeking “information” about certain accounts and Wells Fargo & Co. last week disclosing it is attempting to resolve the SEC’s investigation into such cash accounts.

06.08 / 23:00

Strategy wellness Healthcare Diversity reports Raymond James extends Ohio presence with veteran Wells Fargo advisor

Raymond James has extended its network in Ohio as it onboards a veteran advisor from Wells Fargo into its ranks.

02.08 / 20:42

ETF JPMorgan Trade Bitcoin Bitcoin Etf reports Morgan Stanley to Allow Financial Advisors to Pitch Bitcoin ETFs

Morgan Stanley will allow its financial advisors to offer spot Bitcoin exchange-traded funds (ETFs) to eligible clients, marking a first for major Wall Street banks.

02.08 / 16:17

markets ETF CEO JPMorgan Bitcoin reports recommendations Morgan Stanley unlocks the door to bitcoin ETFs

Morgan Stanley appears poised to become the first major Wall Street bank to allow its financial advisors to offer bitcoin ETFs to clients, marking a significant step in mainstream finance’s adoption of cryptocurrency.

02.08 / 14:51

markets ETF CEO JPMorgan BlackRock Trade Bitcoin Morgan Stanley tells wealth advisors they can pitch bitcoin ETFs in a first for a big bank

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02.08 / 12:08

COST Provident SEC security wellness Investigations Wells Fargo sued twice over cash sweep rates, LPL sued again

In the span of two days, three more lawsuits have been brought against brokerages over their cash sweep rates, including two cases against Wells Fargo and another against LPL.

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