Fed nominee Warsh Files Financial Disclosure In Step Towards Confirmation
(Reuters) - Kevin Warsh, the former Federal Reserve governor chosen by President Donald Trump to run the central bank, has submitted financial disclosures that are required for his nomination to advance through the Senate, beginning with a yet-to-be-scheduled hearing.
Wells Fargo Reports $36.2 Billion Of Private-Credit Exposure
(Bloomberg) - Wells Fargo & Co. said its exposure to private-credit firms was roughly $36.2 billion in the first quarter, offering details on a category closely watched by investors.
Companies in the business services, software and health-care industries make up about half of the total value of the collateral, with software companies accounting for 17%.
JPMorgan And Other Big Banks See Profits Rise As Dimon Warns Of 'Increasingly Complex Set Of Risks'
(Yahoo! Finance) - JPMorgan Chase (JPM) said profits rose 13% year over year in the first three months of 2026 as the US economy remained resilient and the bank hauled in more Wall Street fees.
Profit at the nation’s largest bank rose to $16.5 billion, or $5.94 per share, exceeding the $5.43 per share that analysts forecast, according to data compiled by Bloomberg.
Envestnet Tamarac: Enabling RIAs To Scale Advice With Greater Transparency AND Client Engagement
Envestnet, the leading Adaptive WealthTech company, has introduced new enhanc
Prices Are Beginning To Rise Faster Than Americans' Wages
(Yahoo! Finance) - Underscoring Americans’ deepening concerns about affordability: Their pay gains are on the verge of being overtaken by price increases.