The move shows how Wells Fargo, the largest U.S. mortgage lender and biggest player in jumbo mortgages, is operating under the dual pressures of the coronavirus pandemic and a Federal Reserve cap on its balance sheet.
People have few choices when borrowing money to fix holes in their budget. Many loans carry high interest rates or hidden fees. Here are your best options.
Before the pandemic took hold in the U.S., taxpayers mostly planned to put their refunds into savings and pay down debt. Within a couple months, their priorities have shifted to household bills and living expenses, research shows.
The University of California announced it also will sue the federal government over a policy that could strip visas from international students, joining Harvard and MIT.
With lawmakers on Capitol Hill poised to face off on whether or not to send a second set of stimulus checks to Americans, a compromise has emerged: a lower threshold of $40,000 or less in income for recipients. That means fewer individuals and families would be eligible for the money.
Weeks into the coronavirus crisis, new applications for unemployment benefits remain at least twice their peak during the Great Recession.
Michelle Wang was supposed to start her doctorate program in physics at Emory University this August. But a recent announcement by the Trump administration has her afraid she might have to return to China instead.
This year, the "Oracle of Omaha" is distributing 15.9 million class B shares of Berkshire Hathaway valued at about $2.9 billion.
Goldman Sachs is warning that the upcoming presidential election could see delayed results.
Six Flags Great Adventure & Safari is one of 11 theme parks the entertainment giant has opened at limited capacities across the U.S. CNBC spent the day there on July 3. Here's what it's like to visit an amusement park amid anti-coronavirus health and safety protocols.
People who need extra money can turn to flex, remote jobs, and some pay over $18 an hour.
The pandemic has led to millions of Americans losing their jobs and their health insurance. Here's what to do about the latter.
States like Arkansas, Missouri and Nebraska are reinstating a requirement to look for work as a condition of collecting unemployment benefits.
There are various options available to you if you can't pay your taxes come July 15.
The coronavirus pandemic has ushered in an sharp economic downturn. But that doesn't mean your personal finances also have to suffer a sudden drop. These steps can help you shore up your balances and prepare for the unexpected.