Marketplace®

Daily business news and economic stories
Jul 19, 2022

Profits are down for some of the country’s biggest banks

Banks are making less, courtesy of a slowdown in corporate dealmaking. But they are also reporting that consumer and business lending have grown in the past year. Paul Christopher of Wells Fargo joins us for today’s chat about market activity. With the European Union ready to stop importing Russian coal, some countries in Africa have stepped in to fill the energy void.

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Corporations will have to navigate an increasingly polarized world — and economy.
Corporations will have to navigate an increasingly polarized world — and economy.
Chris Hondros/Getty Images

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The Team

Profits are down for some of the country’s biggest banks