Business News

Wells Fargo Pays Bonus after Illegal Actions

Along with September volatility is back in the markets. Stocks are falling in early trading. Markets surged almost 1.5% yesterday, a huge turnaround from early trading. (CNBC)  
 
After Wells Fargo employees illegally opened 1.5 million bank accounts and over half a million credit cards they were fined almost $190 million.  But no one was charged with a crime and now we find out this. The executive who oversaw this group of employees who perpetrated these crimes retired over the summer and walked away with a $124.6 million bonus.  Unbelievable.  (NY Times)
 
Americans are more positive about the nation's economy than they have been in nine years. 53% of Americans say economic conditions in the US are good, up from the 45% in June. Democrats are more likely to say the economy is in good shape at 78%.  28% of Republicans felt the economy was in good shape. (CNN)
 
Boeing says Chinese airlines are likely to purchase 6,810 planes worth $1 trillion over the next two decades, a 7.6% increase from last year's projection.  (Reuters)
 
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.
 

On Air Now

Mark Levin
Mark Levin
3:00pm - 6:00pm
Mark Levin

FlashAlert

KBND ON FACEBOOK

News Disclaimers