STORY: Charles Scharf told staff in a June memo that the lender also plans to conduct a review of its diverse slate guidelines.
In August, Wells reinstated the policy, saying it had completed a review of diverse candidate hiring approaches and interviewed recruiters and managers to improve implementation of guidelines.
Home prices are overvalued nationally, according to a new report by Fitch Ratings, led by Southern states.
More cash will solve some problems, but maybe not the ones that need to be solved.
The billionaire investor has made sage investment decisions to safeguard his portfolio from economic uncertainties.
Legendary investor Warren Buffett has long advocated for the average investor to regularly put money in an S&P 500 index fund rather than buying actively managed funds. However, that's not to say he doesn't think massive outperformance isn't possible. As far back as 1999, Mr. Buffett famously said he could achieve 50% annual returns if he had only $1 million to manage, stating, "The highest rates of return I’ve ever achieved were in the 1950s. I killed the Dow. You ought to see the numbers. But
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The S&P 500 could soar nearly 3% to record highs or experience a deep plunge depending on where tomorrow's CPI inflation report falls, JPMorgan says.
Nearly a dozen high-profile companies have conducted a forward-stock split since the midpoint of 2021. Three prominent, time-tested businesses may be the next stock-split stocks.
When Ellen, a 67-year-old retiree, reached out to Suze Orman during her podcast, she had a straightforward yet crucial financial inquiry: "Which bucket do I draw from first?" Ellen, whose Social Security covers most of her daily living expenses, needed guidance on how to use her different types of retirement accounts for additional expenditures like travel. Don't Miss: The recommended retirement savings amount is $550K, but here is why so many Americans are falling short. Reddit user reveals his
Nu (NU) delivered earnings and revenue surprises of 0% and 5.92%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Nvidia is due to report earnings on Wednesday after the closing bell, and the options market is pricing in an 10.2% move in either direction. Nvidia stock has stayed above the lower expected range following all six of the last six earnings announcements. Now that we know the expected range, let's find a bull put spread that has the short strike roughly 10.3% below the stock price.