People are not springing for new loans as interest rates remain elevated.
Lower inflation and interest rates may give some relief to consumers who need it most, Wells Fargo CEO Charlie Scharf said Friday (Oct. 11).

The Q3 Earnings Season Kicks Off Positively

07:16pm, Friday, 11'th Oct 2024
The market liked what it saw in the quarterly releases from JPMorgan JPM and Wells Fargo WFC, even though Wells Fargo came up short on the top-line while JPMorgan beat both top- and bottom-line expect
Wells Fargo's Q3 earnings exceeded expectations, and management is doing a great job despite regulatory constraints. Despite impressive Q3 results, I don't see much additional upside over the next 6-1
Ebrahim Poonawala, Bank of America Securities senior analyst, joins 'Closing Bell Overtime' to talk bank earnings and what to expect form next week's slate of earnings.
Gabelli Funds Portfolio Manager Macrae Sykes reacts to JPMorgan's and Wells Fargo's earnings and discusses the outlook for bank earnings on "Bloomberg The Close." Sign up for Matt Levine's Money Stuff
As big banks are set to report their third quarter earnings, Gabelli Funds portfolio manager Macrae Sykes joins Catalysts to discuss his top picks in the sector. Sykes points to Wells Fargo (WFC) as o
Higher non-interest income and a decline in non-interest expenses support WFC's third-quarter 2024 results. A decline in NII is a spoilsport.
U.S. consumers remain resilient with solid spending in the third quarter, two of the country's biggest lenders said on Friday, although there are signs higher inflation has stretched some Americans on
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 250 points on Friday.
Wells Fargo & Company (WFC) Q3 2024 Earnings Call Transcript
Michael Santomassimo, Wells Fargo CFO, joins 'Money Movers' to discuss the story with the company's quarter, how the company is gaining market share, and much more.
In a mixed bag of earnings reports from major financial institutions, BlackRock, JPMorgan Chase, and Wells Fargo have revealed insights into their financial health for the third quarter of 2024.

Producer Price Index Unchanged in September

11:52am, Friday, 11'th Oct 2024
Pre-market futures are mixed ahead of the final trading session of the week. Major indexes are up, thanks to a robust day on the markets Wednesday, with the exception of the small-cap Russell 2000, wh
Year-over-year PPI has been the low water mark for inflation levels going back several months, and today shows a +1.8% for September.
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