Wells Fargo earnings top estimates even as lower interest income cuts into profits
Wells Fargo on Friday reported first-quarter earnings and revenue that beat Wall Street expectations, despite a decline in net interest…
Physical gold offers more protection than mining stocks, says State Street’s George Milling-Stanley
Investors looking to weather a volatile market may want to opt for physical gold over gold stocks. That’s according to…
Wholesale prices rose 0.2% in March, less than expected
A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will…
European Central Bank gives strong signal that cuts are on the way despite Fed uncertainty
The European Central Bank on Thursday held interest rates steady for a fifth straight meeting and gave its clearest signal…
China’s commercial property segment is seeing some bright spots amid a slump in the wider realty sector
BEIJING — China’s commercial property sector is seeing pockets of demand amid an overall real estate slump. The capital city…
The ‘supercore’ inflation measure shows Fed may have a real problem on its hands
A hotter-than-expected consumer price index report rattled Wall Street Wednesday, but markets are buzzing about an even more specific prices…
Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate
Federal Reserve officials at their March meeting expressed concern that inflation wasn’t moving lower quickly enough, though they still expected…
Trump Media shares close down more than 8%, putting market cap under $5 billion
The share price of Trump Media closed trading Wednesday down 8.57%, putting the company’s market capitalization below $4.7 billion. DJT…
