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Stock Market Today: The Dow Jones index dropped Tuesday ahead of the June CPI inflation report. IBM stock plunged 23% on earnings.
A new mortgage assistance program from Wells Fargo & Co. could help low- and moderate-income homebuyers.
Wells Fargo has agreed to settle a lawsuit alleging discrimination in loan approvals.
The $110 million settlement, which was mapped out last fall, requires Wells Fargo to establish a $100 million fund to provide downpayment and closing-cost assistance to eligible borrowers who live in or plan to buy a home in certain low- and moderate-income census tracts.
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