Mar 29, 2017

Trump's America

Jae C. Hong / AP

First look ... Forbes launches The American Dream Index, using seven indicators of economic health "to track on a state-by-state monthly basis whether President Trump is Making America Great." The debut rankings:

Best off: Nevada, Tennessee, Florida, Arkansas and Georgia.

Worst off: Alaska, Hawaii, Connecticut, Illinois and Kansas.

The big states: Washington ranks 15th, Pennsylvania 16th, Texas 19th, California 26th, Michigan 27th, Wisconsin 29th, Virginia 30th, Maryland 31st, Ohio 32nd, New York 41st and New Jersey 45th.

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Coronavirus spreads to more countries, and U.S. ups its case count

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus continues to spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting those are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the U.S. Meanwhile, Italy reported its first virus-related death on Friday.

The big picture: COVID-19 has now killed at least 2,359 people and infected more than 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel, Lebanon and Iran.

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Wells Fargo agrees to pay $3 billion to settle consumer abuse charges

Clients use an ATM at a Wells Fargo Bank in Los Angeles, Calif. Photo: Ronen Tivony/SOPA Images/LightRocket via Getty Images

Wells Fargo agreed to a pay a combined $3 billion to the Justice Department and the Securities and Exchange Commission on Friday for opening millions of fake customer accounts between 2002 and 2016, the SEC said in a press release.

The big picture: The fine "is among the largest corporate penalties reached during the Trump administration," the Washington Post reports.