By Wells Fargo (WFC) had to make some tough calls to stay on course with its turnaround plan. It’s one of three industry developments that impact Wells and our other bank name, Morgan Stanley (MS).
- UK economy ekes out 0.1% growth, below expectations
- Wholesale prices rose 0.2% in October, in line with expectations
- CPI inflation October 2024:
- Powell and the Fed won’t be able to avoid talking about Trump forever
- Mnuchin says Trump’s top priorities will include tax cuts and tariffs
- During meeting with Biden, China’s Xi cautions the U.S. to ‘make the wise choice’ to keep relations stable
- Trump picks oil industry CEO Chris Wright as Energy secretary
- China willing to be partners, friends with US, Chinese envoy says
- Trump Defense pick Pete Hegseth sex assault probe revealed
- Major Trump Media shareholder ARC Global unloads nearly all DJT stock
