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NewsWatch: Fed says Wells Fargo isn’t allowed to grow after wave of scandals

MARKETWATCH FRONT PAGE

The Federal Reserve on Friday announced it was forcing Wells Fargo to oust board members and limit its growth, responding to a wave of abuses at the San Francisco giant that include opening accounts for customers who didn’t request them. See full story.

Most home-equity loan borrowers don’t understand how Trump’s tax code affects them

They could be in for a shock come tax season next year. See full story.

Tony Robbins on stock market corrections: Get used to them

Regular market downturns are just part of being an investor, writes Tony Robbins. See full story.

Are we heading for an Amazon-Alibaba e-commerce showdown?

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