Wells Fargo now sees recession arriving later amid strong economic growth

Consumers are growing more pessimistic about future prospects for the economy, according to the latest survey from the Conference Board released on Tuesday....

Customers waited in line outside of a Silicon Valley Bank branch in Wellesley, Mass., on March 13. Prior to SVB's collapse, its high return on equity had...

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Key Points President Joe Biden in a video posted on X reminded Americans of the budget deal he cut with Republicans in the spring to keep government programs...

Key Points The world's fastest growing economy is on track for a more than 100% growth, largely fueled by profits from its oil production and export sector....

The US economy is currently undergoing a strong expansion, however, the job growth rate has been slowing down in recent months, according to a report...

Historically, a government shutdown in the United States has often led to a flight to safe havens such as the bond market. This scenario, while potentially...

The global economy is facing a weakening state, with interest rate hikes peaking in both the Eurozone and the USA, fostering an increased attractiveness in...

Interest rates remaining higher for longer than expected, weighed on market sentiment across assets and regions. The dollar touched 10-month highs, amidst...

While the stock market has rallied this year, resurgent macroeconomic risk factors, including inflation and rising interest rates, have prompted pullbacks...

Only four months after narrowly avoiding a government shutdown, the United States, the world's largest economy, is once again facing a looming fiscal crisis....

In a recent development this Tuesday, Neel Kashkari, a member of the Federal Reserve, published an essay predicting significant shifts in the Fed's monetary...

Federal Reserve Bank of Chicago's President, Austan Goolsbee, expressed optimism on Monday that the U.S. can avoid a recession despite the central bank's...

The JPMorgan CEO spelled out what he sees as the worst-case scenario for the U.S. economy, and warned that not everyone would be able to withstand it.

For more than three years, Wall Street's major stock indexes -- the iconic Dow Jones Industrial Average (DJINDICES: ^DJI), broad-based S&P 500 (SNPINDEX:...

STABLECOIN issuers vying for assets in the short-term funding space risk disrupting the market after the Federal Reserve limited access to a key facility,...

Three years and nearly $1 billion later, Wells Fargo is finally playing offense in one of Wall Street's hottest battlegrounds: wealth management. The banking...

( Kitco News ) - The gold market is trading near a five-week low as the U.S. dollar and 10-year bond yields consolidate at elevated levels; however,...

This was a very interesting week, if you were paying attention. On Tuesday, the market declined and then saw a sizeable rally begin later in the day. Then on...

The Federal Reserve's consistent increase in its benchmark rate has led to a significant decrease in inflation and maintained a steady unemployment rate,...