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Despite some high-profile pledges to invest in domestic manufacturing, Wells Fargo doesn't see an increase in factory jobs in ...
Economists at the banking giant Wells Fargo think the Trump Administration's tariff policies are unlikely to reshore a ...
Wells Fargo Beats Profit Estimates but CEO Warns Tariffs Could Slow Economic Growth By Arasu Kannagi Basil and Saeed Azhar (Reuters) -Wells Fargo's profit beat expectations in the first quarter as ...
Warning! GuruFocus has detected 2 Warning Sign with ARM. Wells Fargo analyst Joe Quatrochi said uncertainty around tariffs remains a key risk, particularly given that 62% of Arm's royalties in ...
U.S. economic growth will slow significantly this year amid uncertain policies and tariffs reaching the highest rate in over a century, Wells Fargo economists say. “The U.S. economy came into ...
JPMorgan Chase, Wells Fargo, Citigroup, and most other banks are sharply lower on the tariff news. Tariffs don’t impact U.S. banks directly, but can have implications for the financial health of ...
Wells Fargo warned on Wednesday that President Trump's trade policy has created a highly uncertain environment for both consumers and retailers. The ripple effect of tariffs on supply chain costs ...
The stock market was having its worst day in years on Thursday after President Trump announced tariffs on more than ... consumer-focused Wells Fargo (NYSE: WFC) was down by 7.4%, and Citigroup ...
While larger commercial clients were “utilizing their lines just a little bit more” last quarter, Wells Fargo hasn't seen a “big rush to get in front of tariffs,” the bank’s chief ...
Tariffs, lower M&A sentiment, a flatter yield curve, and recession fears have caused Wells Fargo's stock to contract -17% in over a month. The outlook for money center banks has been completely ...
Investing.com -- The newly implemented tariffs by the Trump administration are expected to push U.S. consumer prices higher, but Wells Fargo economists believe several factors could cushion the ...
Charles Scharf, chief executive of Wells Fargo, said the bank supported the ... the bank reported first-quarter results. The bank said tariffs could hit economic growth this year.