Federal Reserve

Wells Fargo CEO gets $4.6M raise despite scandals

Wells Fargo’s board of directors said the company achieved “solid financial performance” under Sloan in 2017 and touted his “continued leadership” on addressing its current issues.

ECB head: Higher inflation needed to end stimulus

European Central Bank head Mario Draghi says that the eurozone economy still faces "risks and uncertainties" despite stronger growth, and has cautioned that the bank needs to see an accompanying upward trend in inflation before it can end its bond-purchase stimulus.