Wells Fargo (WFC.N) shares fell 3.3 percent, pulling down the S&P 500, after the bank reported a drop in mortgage banking revenue. Investors have sought safe-haven assets ..
Higher personnel costs and legal fees as well as lower mortgage banking revenues kept Wells Fargo's first-quarter net income broadly flat at $5.5 billion and the San Fran ..
Shares of Tesla jumped nearly 3 percent on Thursday after Chief Executive Elon Musk said the electric car company expects to unveil its planned commercial truck in September. ..
SEATTLE/SYDNEY (Reuters) - A new version of Boeing Co's (BA.N) 737 jetliner took off for the first time on Thursday, marking another step in Boeing's revamp of its b ..
Some of the actively managed funds that have performed the best since the Nov. 8 presidential election are switching from "Trump Trade" bets on financial and infrast ..
The number of Americans filing for unemployment aid unexpectedly fell last week and consumer sentiment rose early this month amid continued optimism over household finances, s ..
U.S. banks have been benefiting from a jump in markets-related revenue following the rate hikes, as well as elections in Europe and Britain's progress in leaving the Euro ..
The Federal Reserve's decision to hike rates in March for the second time in three months led investors to reposition portfolios, as did elections in Europe and news abou ..
The Labor Department said on Thursday its producer price index for final demand slipped 0.1 percent last month. Despite last month's dip in prices, the PPI shot up 2.3 pe ..
The lawmaker who instigated a shareholder veto over excessive management pay in Switzerland has urged investors to use this power to block 78 million Swiss francs ($78 million ..