Wells Fargo Technology Banking has expanded its team by 20%, reinforcing its strong confidence in the tech sector’s growth. The move highlights the bank’s commitment to supporting innovation and tech-driven businesses.
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Wells Fargo economists warn that the impact of tariffs on U.S. consumers is “hiding in plain sight,” subtly raising costs and squeezing household budgets despite lower headline inflation.
Seven activists were arrested during climate protests outside Wells Fargo offices, accusing the bank of complicity in environmental damage. Demonstrators demand urgent action on fossil fuel financing.