Wells Fargo Sees Brighter Days for US Consumer Spending
The opening week of first-quarter earnings season was billed as a referendum on the state of the U.S. economy, specifically consumer spending.
While Wells Fargo didn’t post stellar earnings Frid...
JPMorgan Card Chargeoffs Rise as Dimon Warns on Inflation
Consumers are still spending, but JPMorgan CEO Jamie Dimon, in remarks accompanying the banking giant’s latest earnings Friday (April 12), detailed concerns over inflation’s impact.
And “persis...