U.S. consumers are withering under sharp inflation and increasing corporate layoffs. That's not all.

Wells Fargo initially fell on Monday but is rebounding. Here's how to trade it -- and the banks -- from here.

Stocks end higher Monday as investors look to a key series of retail earnings, as well as Fed minutes, later in the week.

Wells Fargo could be looking at a major reduction in its once market-leading mortgage business, Bloomberg reported over the weekend.

Stock futures lower as China rate cut rattles; Week Ahead: Retail earnings, sales data, Fed minutes in focus; Kohl's shares slip as activists at Starboard dump stake; Wells Fargo shares lower on report of mortgage business re-think and Google reportedly planning new YouTube streaming service.

“We delivered solid results in the second quarter as clients turned to us for our expertise and execution in these challenging markets," said CEO David Solomon.

"Solid client activity across our businesses, coupled with higher interest rates, drove strong net interest income growth and allowed us to perform well in a weakened capital markets environment," said CEO Brian Moynihan.

Citigroup and Wells Fargo are rallying on earnings. Here are the levels they must clear now.

“In a challenging macro and geopolitical environment, our team delivered solid results and we are in a strong position to weather uncertain times," said CEO Jane Fraser.

Ford has recently cast a shadow over the auto industry.

Short sellers reversed course and sold $19 billion of shorts in September.

The parent company of Google and Youtube is preparing for a sharp deterioration in the health of the economy.