Financials

Wells Fargo announced Wednesday it was pledging $1 billion through 2025 dedicated to the affordable housing initiatives as part of the embattled lender’s goal to dedicate 2 percent of its after-tax profits to philanthropy.

Critics say legitimate calls could be blocked under the proposal.

The tax agency is looking at Uber’s 2013 and 2014 taxes, while charges dating back to 2010 across some foreign jurisdictions are subject to change.

According to the data, companies paid close to $262.7 billion in taxes in 2018, the first year the full tax law was in effect.

Investors making bets on an investment outcome of new tariffs are now taking it on two fronts.

Trading volumes are down, as U.S. Treasury notes hit a 20-month low.

The Tesla CEO is optimistic vehicle deliveries will exceed 90,700.

New York has ousted London as being regarded as the world’s financial center, according to a new report.

Currently, 59 banks are listed on the Federal Deposit Insurance Corporation’s confidential “problem bank" list.

SoFi in talks with NFL for naming rights to LA stadium.

Democrats are looking to get information about the Trumps' business dealings.

Because most of Apple's supply chain is based in China (including final assembly at a Foxconn), however, the country could face some unintended side-effects.

Since peaking at a year-high in early May, Apple shares have shed close to 14 percent of those gains – largely because of renewed U.S.-China trade tensions.

The decision comes amid a widespread effort by the White House and the president's lawyers to refuse to cooperate with congressional requests for information and records.

Stock buybacks have increasingly drawn the ire of both Republicans and Democrats on Capitol Hill.

The deal has also drawn scrutiny from 2020 presidential candidate Sen. Elizabeth Warren, D-Mass.

The news comes at a time when SoftBank and its almost $100 billion Vision Fund stand at a possible inflection point with some of its big tech bets like Uber Technologies headed toward public listings.

The company had disclosed in February it had been subpoenaed by the SEC related to an investigation into its accounting policies, procedures and internal controls related to its procurement.

Shares of the electric-car maker climbed on the news.

The agency could run out of cash by 2024.