
Wells Fargo cuts S&P 500 target to 7,700 and warns of a 10% pullback
Wells Fargo's cautious outlook signals potential market volatility, urging investors to reassess equity allocations amid rising Treasury yields.

Wells Fargo's cautious outlook signals potential market volatility, urging investors to reassess equity allocations amid rising Treasury yields.

An Alabama Wells Fargo customer lost thousands after scammers spoofed the bank's phone number and tricked her into sharing account details. Her balances fell to $13 and none of the money has been recovered.

More than a dozen banks are expecting the Federal Reserve to raise rates by 25 basis points on Sept. 16. The List UBS, HSBC, Barclays, Citigroup, Wells Fargo, Morgan Stanley, Goldman Sachs, Bank of America and JPMorgan Chase all expect the Federal Reserve to lift rates by 25 basis points (bps) this week. Both JPMorgan […]

Wells Fargo's tech sector downgrade highlights valuation concerns, urging investors to be selective amid robust AI growth expectations.

A 23-year-old Florida woman faces fraud, theft and money laundering charges after police say she helped move $20,000 taken from a 75-year-old Texas woman in a phone scam posing as Wells Fargo and the FBI.

Cosmos has launched a 17-company partner network as it prepares for a Wells Fargo tokenized-deposit rollout planned for fall 2026, according to its chief commercial officer. Cosmos Chief Commercial Officer Eran Barak told crypto.news that the Partner Network is designed…

JPMorgan Chase is now reviewing whether to launch its own stablecoin. The bank is doing that work on a separate track from a group of 21 banks and financial firms that plan to build a dollar stablecoin for business payments across borders, reports The Wall Street Journal. That group includes Bank of America, Wells Fargo, Citigroup, […]

A group of 21 banks and financial firms is establishing a new company to issue a dollar-denominated stablecoin focused on commercial cross-border payments.

Cautious stances by major banks signal potential volatility in US markets, highlighting the impact of interest rate expectations and election uncertainties.

Major banks that once lobbied against stablecoins are now advancing their own initiatives to defend payments business amid competition from crypto firms.

The potential launch of stablecoins by major banks could reshape global financial systems, enhancing digital currency adoption and competition.

The Treasury's buyback expansion offers limited relief, as persistent high yields elevate borrowing costs and impact broader economic conditions.

A teacher lost nearly $9,000 after scammers allegedly posed as Wells Fargo’s fraud department and convinced her to move money while pretending to protect her account. Jayme Eubanks says the ordeal began when she received a text message asking whether she recognized a charge on her bank account, reports WBRC News. She says she did […]

A prolonged stable rate environment may stabilize fixed-income markets but could strain companies dependent on low borrowing costs.

The revised gold forecast reflects a cautious market sentiment, highlighting increased opportunity costs and a shift in investment strategies.

A potential Fed rate hike could tighten monetary policy, impacting borrowing costs and economic growth amid persistent inflation concerns.

Wells Fargo disclosed $9.18M in Bitwise XRP ETF holdings. Full XRP price analysis, key levels, and what the institutional filing means for traders.

A Georgia man lost $30,000 after scammers allegedly posed as bank and law enforcement officials and convinced him to hand over his savings for “safekeeping.” The Roswell resident reported the incident to police on August 11th after the months-long scheme left him out $30,000, reports Appen Media Group. The fraud allegedly began in July when […]

Wells Fargo's increased stake in Strategy Inc. highlights growing institutional interest in Bitcoin-linked equities, reflecting a shift in investment strategies.

Wells Fargo's hedging advice highlights potential market volatility, urging caution as inflation data could disrupt current economic narratives.