Jim Puzzanghera – Page 6

The era of big monthly job gains appears over — and economists say that’s a good thing

March 30, 2019 at 1:40 a.m.

The era of monthly payroll gains of at least 200,000 appears to be over after the Labor Department reported on Friday that job growth was lackluster again in September, but...

Sen. Sherrod Brown (D-Ohio), right, talks with Senate Banking, Housing and Urban Affairs Committee Chairman Richard Shelby (R-Ala.) before the start of the panel's Sept. 20 hearing on Wells Fargo's fake-accounts scandal.

Senator to push bill to let Wells Fargo customers sue over unauthorized accounts

March 28, 2019 at 5:55 p.m.

Sen. Sherrod Brown (D-Ohio) said Monday that he plans to push legislation that would allow Wells Fargo & Co. customers to sue the bank over unauthorized accounts opened by employees...

A Wells Fargo sign is seen in front of a branch in Pasadena on Thursday.

Wells Fargo to pay $24.1M for improper repossession of military members’ cars

June 20, 2019 at 6:33 p.m.

The reputation of Wells Fargo & Co. took another blow Thursday when it agreed to pay $24 million for the improper repossession of cars owned by members of the U.S....

Rep. Jeb Hensarling (R-Texas), chairman of the House Financial Services Committee, poses a question during a 2013 hearing.

Republicans brand another villain in Wells Fargo scandal: the Consumer Financial Protection Bureau

June 12, 2018 at 10:21 a.m.

Wells Fargo & Co. Chief Executive John Stumpf took the full brunt of congressional anger over the bank's fake-accounts scandal at a Senate hearing last week and will face more...

Wells Fargo & Co. is being investigated by the Justice Department following its $185-million settlement over its aggressive sales practices.

Justice Department is investigating Wells Fargo sales tactics

August 21, 2019 at 8:08 p.m.

The Justice Department is investigating Wells Fargo & Co.'s improper sales tactics, according to a person familiar with the probe. Federal prosecutors in San Francisco and New York are in...

Aggressive sales tactics by Wells Fargo & Co. employees led to a $185-million settlement package with federal and state regulators last week. Above, a branch in Miami.

Senate to hold hearing on Wells Fargo’s aggressive sales tactics

August 21, 2019 at 8:06 p.m.

The Senate Banking Committee will hold a hearing next week on the aggressive sales tactics by Wells Fargo & Co. employees that led to a $185-million settlement package with federal...

Starbucks workers prepare coffee during the company's annual shareholders meeting in Seattle in March.

Our long stagnant-paycheck nightmare may finally be nearing an end

August 21, 2019 at 7:59 p.m.

For millions of Americans, a reminder of the economic damage of the Great Recession has arrived every week or two for years — in their paychecks. Painfully slow wage growth...

Boeing airplanes are on the assembly line in Renton, Wash., in 2014. Reduced expectations for sales and capital spending over the next six months pushed down the quarterly economic outlook index from the Business Roundtable, a trade association of CEOs of the largest U.S. corporations.

Economic expectations of top U.S. CEOs sink to three-year low

June 16, 2018 at 10:39 a.m.

The economic expectations of leading U.S. chief executives have dropped to the lowest level in three years amid concerns about taxes and the global economy, according to survey results released...

Stricter tax inversion rules punish stocks of firms mulling such moves

June 17, 2018 at 7:59 a.m.

The Obama administration's tougher rules on offshore corporate inversions had an immediate effect Tuesday, pushing down the stock prices of companies considering such moves. But the highly technical changes to...

FCC’s Wheeler: critics of his net neutrality plan ‘flat-out wrong’

June 17, 2018 at 3:15 p.m.

The head of the Federal Communications Commission strongly defended his controversial net neutrality proposal, saying critics were "flat-out wrong" that he was reversing the agency's long-held stance that all Internet...

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