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Truist Financial Corporation News

What is Wells Fargo's Favorite Bank Stock?

Second-quarter bank earnings reports likely won’t be so hot, but then the outlook improves, Wells Fargo analysts said.

Cramer's Mad Money Recap 3/21: Macy's, Kroger, American Express

Jim Cramer says that with so many variables in the world, all we can do is hope the Fed can cool the economy without throwing us into a recession.

Costco Has a Lot of Cash. Here's How it May Spend It. (Special Dividend?)

The Costco warehouse club has more than $12 billion in its war chest.

Comerica Leads the 16 Publicly Traded Cos. with MLB Stadium Sponsorships

Share prices of companies holding naming rights to MLB stadiums have posted mixed results so far this year.

Truist Climbs on Stronger-Than-Estimated Adjusted Net

Financial-services group Truist reported second-quarter adjusted profit that topped analyst estimates.

Breaking News

Ford Makes a Major Change

The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.