Wells Fargo's CEO Charlie Scharf said an 11% increase in per-share earnings in the fourth quarter was driven by decisions made to exit or scale back certain businesses and reduce its reliance on net ...

Financial stocks had among the biggest gains among the S&P 500 ‘s 11 sectors in afternoon trading Wednesday, as shares of ...

The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...

A benign reading from the Consumer Price Index report assuaged market fears about the path of borrowing costs.

The stock market may be moving toward an "opportunity zone," and strategists see a healthy correction coming that could set ...

Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.

Wells Fargo WFC ended the year with good numbers, resulting in fourth-quarter earnings of $1.43 per share, equating to an ...

In comments today, bank execs were broadly bullish about the U.S. economy, touting a rosy outlook for M&A volume growth and ...

US stocks surged on Wednesday, fueled by a slowdown in core inflation and better-than-expected earnings from major banks.

A U.S. banking regulator said on Tuesday it had fined three former executives at Wells Fargo for their roles in the bank's ...

U.S. stocks are ripping higher after an encouraging update on U.S. inflation. The S&P 500 jumped 1.9% Wednesday.