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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.

(Bloomberg) -- US homebuilder sentiment rebounded in May but remained low overall as affordability concerns continued to weigh on the outlook during the spring selling season.Most Read from BloombergStocks Fall, Oil Rises on Doubts Over US-Iran Deal: Markets WrapUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpBillionaire Rinehart Bets $100 Million on US Defense StocksWinners and Losers From Trump and Xi’s Beijing Summit TalksIranian Media Said US Offered Interim Waiver on Oil Sanct

(Bloomberg) -- US homebuilder sentiment rebounded in May but remained low overall as affordability concerns continued to weigh on the outlook during the spring selling season.Most Read from BloombergUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpBillionaire Rinehart Bets $100 Million on US Defense StocksStocks Halt Slide as Oil Declines on US-Iran Hopes: Markets WrapWinners and Losers From Trump and Xi's Beijing Summit TalksUS, Iran Stall on Hormuz Reopening as Oil Supplies Tighte

Wells Fargo made a significant call on interest rates six weeks ago. On May 13, its economists made a different one. And the reasoning behind the reversal says something important about how this bank reads the current inflation environment. The disagreement between Wells Fargo and two other major ...

NVIDIA Gets Fresh Wall Street Boost: 18% Upside Call Sparks AI Valuation Frenzy

Aaron Rakers has covered Nvidia for years. He ranks in the top 1% of Wall Street analysts by performance. And when he builds a new model from scratch to justify a price target, the reasoning behind it is worth understanding. He just did exactly that. And the number he landed on is not what most ...

I am opening with the bottom line. Wells Fargo (NYSE:WFC) trades at $79.18 as of May 4, 2026, and our price target for Wells Fargo is $92.25 over the next 12 months. That implies 16.51% upside, and we rate the stock a buy with a confidence level of 90%. The combination of the lifted Federal ... Wells Fargo Set for 16% Upside Despite Recent Selloff

NVIDIA (NASDAQ:NVDA) stock just earned a fresh endorsement from Wells Fargo, which raised its price target to $315 from $265 and reiterated its Overweight rating on NVIDIA. The price target raise lands just eight days before NVIDIA’s quarterly report on May 20, with the firm arguing the stock still trades at less than 20 times ... Wells Fargo Hikes NVIDIA Price Target to $315 Ahead of Earnings: Is the AI King Still Cheap at 20x P/E?

(Bloomberg) -- JPMorgan Chase & Co. spent hundreds of millions of dollars over the course of more than a decade developing systems using blockchain, a novel technology that was supposed to radically upend financial markets, but has yet to become a game-changer.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyIran Says It’s Deployed Mini Subs in Contest to Control HormuzEpstein's Black Card: How He

(Bloomberg) -- Verizon Communications Inc. is selling $4 billion of hybrid bonds in the US dollar investment-grade debt market for the first time after issuing the equivalent of $8 billion of them in other currencies over the last six months.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jew

There is a specific kind of conviction that gets tested when a stock falls sharply on earnings. Most analysts either defend their prior call quietly or quietly revise it lower. Every so often, one does neither. One of Wall Street's most closely watched AI infrastructure names just delivered that ...

The financial sector has been weak while the rest of the market rallies — something that happened before the last big bear markets.

(Bloomberg) -- The dollar wraps up Wednesday at the weakest level since February as investors are hopeful of the imminent end to the US-Iran war. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksDOJ Plans Intervention in Trump Supreme Court Carroll AppealTrump Pauses Plan to Guide Ships While Seeking Iran DealA gauge of the dollar fell 0.6%

(Bloomberg) -- Investor worries over higher energy prices and elections that look to be disastrous for the government pushed the UK’s long-term borrowing costs to the highest level since 1998 this week. The pound wasn’t fazed.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksDOJ Plans Intervention in Trump Supreme Court Carroll AppealTrump P

Wells Fargo strategists say some factors that have been driving the market higher are played out.