Wells Fargo is anticipating $3 Billion profit for the most recent quarter. Not only is this a huge profit (Wells Fargo credits their traditional banking sector), but it beat the forecast for the quarter. Hm. I wonder if Wells Fargo is one of those companies that put a freeze on pay raises. Either way, it’s probably not a bad time to work at Wells Fargo.
In other news, jobless claims have dipped ever so slightly. Which is good news. There are a lot of people hoping that maybe we’re finally starting to see the turn around. Fingers crossed.