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These are the stocks posting the largest moves after the bell on Monday, including: Palo Alto Networks, Boeing, Jack in the Box and more. » Read More
Johnson III will become "chairman emeritus," consulting periodically with his daughter, according to an internal memo obtained by CNBC. » Read More |
By: Timothy B. Lee
Bitcoin appears to have stalled out, says Vox's Timothy B. Lee. Here's what's going wrong. » Read More |
By: Jeff Cox
The president-elect likely will find that peeling apart Dodd-Frank gradually will be easier than tearing it asunder. » Read More |
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The S&P 500 on Monday hit a new record high for the first time since Aug. 15, breaking above 2,193.81.
Wall Street has been abuzz with speculation that the head of the largest U.S. bank by assets would run the Treasury Department for Trump.
Some of the names on the move ahead of the open.
The Fed's second-in-command said spending and other efforts to boost productivity could help reduce the Fed's burden of supporting the economy.
"The transition team of the president-elect has said that it wants to protect the independence of the Fed," James Bullard said.
Citi joined JPMorgan as the world's most systemically important banks, replacing HSBC in a group of 30 lenders.
Businesses in India are being hammered by the cash crunch following Prime Minister Narendra Modi's move to replace high-value banknotes.
Squeezed by bad loans, Italian lenders are starving a weak economy of capital, which may keep the rest of Europe from regaining its economic vigor.
The settlement had exempted Wells Fargo from controls on "golden parachute" payments to executives.
Wells Fargo announced new account openings fell by 44% in October and new credit card applications had plummeted by 50%, NBCNews reports.
Trump has said he would be in favor of repealing Dodd-Frank regulations put in place after the financial system nearly collapsed.
The "Fast Money" traders share their first moves for the market open.
Some of the names on the move ahead of the open.
The Fed policymaker argued on Friday that the real question now is the Fed's rate path in 2017.
The Supreme Court approved class action suits by consumers accusing Visa, Mastercard, and several banks of conspiring to inflate ATM fees.
JPMorgan is facing questions about who will succeed its CEO after Jamie Dimon was courted by the incoming U.S. president for a cabinet post.
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