by Ming Mui | Oct 11, 2024 | Investing News, Market News, Stock Market
Wells Fargo & Co. (WFC) saw its shares rise approximately 6% on Friday morning following the bank’s impressive third-quarter earnings report, which exceeded analysts’ expectations. The lender announced a net income of $5.11 billion for the quarter, down from...
by Disun Holloway | Oct 8, 2024 | Breaking News, Domestic, Economics
As Hurricane Milton approaches the southeastern United States, leading Wall Street analysts are bracing for a significant economic blow that could exceed $50 billion in damages, with worst-case scenarios estimating losses of up to $175 billion or more. This staggering...