Anthony Scaramucci, executive committee member of the presidential transition team, weighs in on the selected cabinet members by President-elect Donald Trump.
U.S. stocks edged lower on Friday after a payrolls report did little to alter expectations for an interest rate hike from the Federal Reserve this month and bank stocks cooled for a second straight session.
Goldman's number #2 is itching to become a #1 in his own right.
Pacific Investment Management Co. and a top U.S. regulator have settled claims the bond manager mismarked securities in a fund formerly managed by famed investor Bill Gross, people familiar with the matter said.
A sharp decline in technology stocks pulled both the Nasdaq and the S&P 500 indexes into the red on Thursday, while the Dow managed to notch a record closing high with a lift from bank and energy shares.
Starbucks Corp said Howard Schultz will be stepping down as chairman and chief executive officer of the coffe chain, but will continue as executive chairman.
Caterpillar Inc, the world's largest construction and mining equipment maker, said Wall Street's earnings expectations for 2017 were "too optimistic" as oil prices continued to remained volatile.
Losses in technology stocks dragged down the Nasdaq and the S&P 500 on Thursday, while gains in bank and energy shares propped up the Dow.
Billionaire Steven A. Cohen's former hedge fund SAC Capital Advisors LP will pay $135 million to settle a lawsuit by investors in Elan Corp, who said they lost money on the drugmaker due to insider trading by one of his portfolio managers.
President-elect Donald Trump faced criticism from an unusual source on Wednesday when a buttoned-down U.S. government ethics office issued an apparently sarcastic stream of Twitter messages applauding him for selling off his assets.
It's been a wild month for Wall Street as unexpected events like Donald Trump's election, a sudden bond selloff, and higher odds of a Federal Reserve rate hike, have forced investors to reconsider their positions.
The S&P 500 and Nasdaq fell in afternoon trading on Wednesday as losses in technology shares and big dividend payers, including utilities, offset sharp gains in the energy sector.
Our next Treasury Secretary may bring a little star power to Washington D.C.
The billionaire is expected to name former Wall Street executive Steve Mnuchin to the prominent cabinet post.
Pershing Square Capital Management, the hedge fund firm run by billionaire William Ackman, is asking the U.S. government that it be exempted from possibly having to return millions of dollars' worth of fees to a state pension fund after a former employee donated $500 to a family friend's political campaign.
U.S. stocks edged higher Tuesday, as gains in health-care stocks helped offset losses in the energy sector.
Stocks edged lower Monday, threatening to snap what has been the Russell 2000's longest winning streak in 20 years.
Layfield Report CEO John Layfield Daily Caller News Foundation EIC Chris Bedford and Tea Party Forward Chairman Niger Innis analyze the boost in the market.
The Dow and the S&P 500 eked out record high closes on Wednesday ahead of the Thanksgiving holiday, helped by gains in industrial stocks, though losses in technology shares limited the advance and weighed on the Nasdaq.
The S&P 500 inched lower on Wednesday afternoon, hurt by declines in Eli Lilly and other healthcare shares, while the Dow edged higher along with industrial stocks in light trading ahead of a U.S. holiday.