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Despite some high-profile pledges to invest in domestic manufacturing, Wells Fargo doesn't see an increase in factory jobs in ...
After a bruising spring that saw the stock market tumble under the weight of sweeping tariffs, stocks have mounted an ...
Economists at the banking giant Wells Fargo think the Trump Administration's tariff policies are unlikely to reshore a ...
After the tariff drama began to unfold in late March and early April, most Wall Street strategists did not hesitate to lower their price targets for the benchmark S&P 500 (\^GSPC - ...
Wells Fargo Beats Profit Estimates but CEO Warns Tariffs Could Slow Economic Growth By Arasu Kannagi Basil and Saeed Azhar (Reuters) -Wells Fargo's profit beat expectations in the first quarter as ...
Charles Scharf, chief executive of Wells Fargo, said the bank supported the ... the bank reported first-quarter results. The bank said tariffs could hit economic growth this year.
A combination of challenges is proving difficult to offset, Michael Sison, equity research analyst at Wells Fargo, said in a May 4 report. He pointed to tariff impacts, macroeconomic uncertainty ...
Tariffs, lower M&A sentiment, a flatter yield curve, and recession fears have caused Wells Fargo's stock to contract -17% in over a month. The outlook for money center banks has been completely ...
Investing.com -- The newly implemented tariffs by the Trump administration are expected to push U.S. consumer prices higher, but Wells Fargo economists believe several factors could cushion the ...
The stock market was having its worst day in years on Thursday after President Trump announced tariffs on more than ... consumer-focused Wells Fargo (NYSE: WFC) was down by 7.4%, and Citigroup ...
While larger commercial clients were “utilizing their lines just a little bit more” last quarter, Wells Fargo hasn't seen a “big rush to get in front of tariffs,” the bank’s chief ...