The Dow Jones Industrial Average Hits Record-Breaking 22,000 For the First Time in History
The Dow Jones Industrial Average (INDEXDJX:$.DJI) went above 22,000 for the first time ever on August 2, 2017 during early trading. The news made headlines everywhere, as investors and traders alike celebrated the milestone. The ... [Read]
Wells Fargo Receives Subpoenas and Lawsuits Regarding Business Practices in its Auto Lending Unit
Merely months after a scandal broke out regarding the creation of unnecessary bank accounts without customer knowledge, Wells Fargo & Co (NYSE:$WFC) has found itself in yet another consumer scandal. Just last week, it was ... [Read]
This Dividend Stock Will Make You Rich In The Future
For many investors, dividend investing has been an effective way to grow their wealth. When it comes to dividend growth stocks, not many are able to keep up with the dividend aristocrats and dividend kings ... [Read]
The Top 5 Stocks to Invest in For Long-Term Investing
Generally speaking, increasing interest rates tends to damage dividend-paying stocks, thus making them less appealing to investors as bond earnings get bigger. However, like most things, there is an exception to this policy: stocks that ... [Read]
U.S. Department of Treasury Imposes Sanctions Against Venezuela President Maduro
The U.S. department of Treasury has issued sanctions against Venezuela just one day after president Nicolás Maduro announced an uncontested victory in a vote that grants him power to fully consolidate his reign over the ... [Read]
Trump Removes Anthony Scaramucci As Chief of Media
Not lasting even 10 days in his position, Anthony Scaramucci has been removed as Trump’s Chief of Media. Taking the position last Friday, Scaramucci has faced criticism after trying to get a reporter to slander his ... [Read]
Wells Fargo Announced Plans to Refund Auto-Loan Customers Falsely Charged for Auto Insurance
Late Thursday (July 27) night, Wells Fargo & Company (NYSE:$WFC) announced its plans to refund certain auto-loan customers who might have been falsely charged for some auto insurance. According to the bank, there were 570,000 ... [Read]
Wells Fargo Begins Branch Closures to Focus on Digital Banking
Wells Fargo (NYSE:$WFC) has been known as one of the United States’ most reliable and efficient banks by analysts, investors, and consumers alike for a long time. As such, when the bank saw its efficiency ... [Read]
Wall Street Expected $3.09 Billion in Revenue for Q2, But PayPal Brought in $3.14
On Wednesday, after the closing bell, PayPal Holdings (NASDAQ:$PYPL) posted quarterly results that surpassed Wall Street expectations. Following the news, shares of the California-based company increased more than 3% in after-hours trade. Let’s take a ... [Read]
This is Why Bank of America’s Stock is Getting all the Attention Today
Looks like banks are on the move Tuesday. If it weren’t for the growth in commodity stocks, financials would be the best performing industry today with a 1.5% gain. Throw a line, and you’re bound ... [Read]