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What corporate earnings say about the economy Earnings season is underway, with Wall Street giants flying out of the gate this on Friday. JPMorgan Chase, Wells Fargo and BlackRock have each reported results that soundly beat analysts estimates, lifting shares in premarket trading. Quarterly financial reports in general should deliver …

In an early test of the effect the Federal Reserve’s big interest rate cut has had on the finance business, the verdict is: mixed. Profits were down at JPMorgan Chase and Wells Fargo, two of the nation’s biggest banks, they reported on Friday, yet their results largely surpassed expectations. The …

Former President Donald J. Trump and his running mate, Senator JD Vance, regularly blame America’s housing affordability crisis on a recent surge in immigration. They point to their plans for mass deportations of undocumented workers as part of the solution. But most economists do not believe that immigrants have been …