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MADRID (Reuters) – Hundreds of unemployed Spaniards who had walked hundreds of kilometers (miles) to Madrid joined protests on Saturday against Prime Minister Mariano Rajoy’s government and its handling of an economic crisis. Demonstrations have swollen across Spain since the center-right government announced 65 billion euros ($79 billion) in new spending cuts two weeks ago to cut its deficit and avert a full-blown bailout, with firefighters and […]

Forbes editors and reporters recap the past week, from Ben Bernanke to financial regulation and  faltering restaurant stocks, then look ahead to upcoming earnings from the likes of Apple and Facebook. Click below to watch: Stocks had a rough finish to what was shaping up as a decent week. Chipotle landed with the biggest thud, plunging 21.5% after disappointing revenue Thursday, while Advanced Micro Devices dropped 13.2% […]

Wells Fargo reported its 10th consecutive quarter of earnings growth as a result of a booming business originating and refinancing mortgages. The bank’s second-quarter profit was a record $4.6 billion, a 17 percent rise from the $3.9 billion profit it reported a year earlier. The San Francisco-based company earned 82 cents a share, above the 81 cents expected by the analysts polled by SNL Financial. Wells has […]

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