Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back. The scandal-ridden bank announced a significant shift on Tuesday to focus its mortgage business on serving bank customers and minority homebuyers instead of acquiring new customers. Wells…

Four US senators have questioned whether top Wall Street law firm Sullivan & Cromwell could properly investigate possible wrongdoing at FTX as its bankruptcy counsel given its past work for the cryptocurrency exchange.The bipartisan group of senators said Sullivan & Cromwell’s legal work for FTX…

Charles Scharf, chief executive officer of Wells Fargo & Co., listens during a House Financial Services Committee hearing in Washington, D.C., U.S., on Tuesday, March 10, 2020.Andrew Harrer | Bloomberg | Getty ImagesWells Fargo is stepping back from the multi-trillion dollar market for U.S. mortgages…

On January 10, Bitcoin (BTC), the world’s largest cryptocurrency, is trading with a bullish bias, heading north toward the $17,500 level. Ethereum’s (ETH) price, on the other hand, was able to surpass $1,330 this week as the overall cryptocurrency market began to improve.The crypto market’s…

Thousands of customers flock to Trader Joe’s, largely because of its wide range of grocery options, affordable prices — and the nearly endless selection of snacks.And while you may think grabbing a dark chocolate bar off of the shelf is the healthier option, a recent…

FTX founder Sam Bankman-Fried leaves the courthouse following his arraignment in New York City on December 22, 2022.Ed Jones | Afp | Getty ImagesIt wasn’t just Tom Brady and Gisele Bündchen.The roster of high-profile investors who lost money betting on crypto exchange FTX also included…