Wells Fargo’s Scandals Drag on Profit as It Braces for a ‘Slowing Economy’
The bank’s earnings took a $2 billion hit, bringing its profit down to $3.5 billion in the third quarter.
Delta Earnings Are Solid as Airline Signals Optimism on Travel Demand
The carrier reported a healthy profit for the third quarter after a busy summer. Competitors also seem confident despite economic turbulence.
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Pepsi Defies Fears of Slowdown with Strong Earnings and Forecast
Quarterly results provided a sign that shoppers continued to spend despite high inflation squeezing their wallets.