Author: Reuters

(Reuters) – The S&P and Nasdaq hit record highs at the open on Friday after data showed retail sales surged the most in 2-1/2 years in September, easing doubts over an economy that has been sluggish this year. Powered...

(Reuters) – Wells Fargo & Co. , which has been embroiled in a prolonged scandal over its mortgage and sales practices, on Friday missed Wall Street revenue estimates for a fourth straight quarter, sending its shares...

(Reuters) – Wells Fargo & Co earnings scraped past Wall Street estimates but revenue missed for the fourth straight quarter, sending shares of the third-largest U.S. bank by assets down 3 percent in pre-market...

(Reuters) – Bank of America Corp’s profit surged 15 percent in the third quarter as higher U.S. interest rates boosted income from consumer banking and the lender also met its own target on cost control. Powered by...

LONDON (Reuters) – World stocks advanced for a fourth straight day on Friday on expectations of broad-based global growth, while the dollar was on course for its worst week in five as investors awaited U.S. inflation data....