Wells Fargo CEO Charlie Scharf said he “absolutely” supports the Federal Reserve’s independence, but that the president is free to discuss interest rates.
Author: admin@finance
5 takeaways from the producer price inflation report with another key reading on tap
The producer price index, a gauge of costs at the wholesale level in the U.S. economy, posted an unexpected 0.1% decline in August.
Uber partners with fintech firm Pipe to offer capital to small businesses
Uber is partnering with fintech firm Pipe to incorporate embedded technology in the Uber Eats Manager for small businesses to access capital.
Wells Fargo CEO sees ‘more downside’ to U.S. economy as lower-income consumers struggle
Wells Fargo CEO Charles Scharf commented on the state of the economy the day after JPMorgan Chase CEO Jamie Dimon said jobs data shows the economy is weakening.
Wholesale prices unexpectedly declined 0.1% in August, as Fed rate decision looms
The producer price index was expected to increase 0.3% in August, according to the Dow Jones consensus estimate.
Stocks making the biggest moves premarket: Oracle, GameStop, Novo Nordisk, Synopsys and more
These are the stocks posting the largest moves in early trading.
ACA cliff may mean ‘huge premium shock’ for 22 million people in 2026, expert says
Enhanced subsidies that have reduced Affordable Care Act insurance premiums since 2021 are set to expire next year unless Congress intervenes.
More investors want public and private assets in their portfolio. Now there’s a benchmark to track this combo
Morningstar announced the Modern Market 100, the first framework to combine public and private equity exposure in one index.
Record share of U.S. businesses divert China investments. Top choice: Southeast Asia
Southeast Asia remained the most popular destination for redirected investments, followed by the Indian subcontinent.
Klarna prices IPO at $40, above online lender’s expected range
Klarna priced its IPO at $40 a share, an offering that values the company at about $15 billion.