NEW YORK/TORONTO (Reuters) -Wells Fargo ( WFC ) CEO Charlie Scharf said on Wednesday the lender is not under pressure to make acquisitions to boost growth, after regulators lifted a seven-year penalty that gives the fourth-largest U.S. lender more freedom to expand.  We don't feel the pressure to do any M&A whatsoever ... We have amazing opportunities in every one...

(Reuters) -Robinhood Markets ( HOOD ) said on Wednesday its quarterly profit had nearly quadrupled as retail investors boosted trading volumes amid an AI-fueled rally, and announced the retirement of its longtime finance chief. Results from the online brokerage suggest that small investors seized the opportunities presented by the momentum in the markets and largely brushed aside mounting concerns of...

02:33 PM EST, 11/05/2025 (MT Newswires) -- Fed Governor Stephen Miran (voter) said in an interview with Yahoo Finance that he believes it would be appropriate for the FOMC to continue lowering interest rates at its December meeting despite the lack of government data releases, indicating that he would like to get the policy rate closer to neutral quickly. Recent...

WASHINGTON (Reuters) -U.S. Supreme Court justices raised doubts on Wednesday over the legality of President Donald Trump's sweeping tariffs in a case with implications for the global economy that marks a major test of Trump's powers. Conservative and liberal justices alike sharply questioned the lawyer representing Trump's administration about whether a 1977 law meant for use during national emergencies gave...