SPY News Explorer

The hedge fund manager will be responsible for steering President-elect Donald J. Trump’s unconventional economic agenda.

President-elect Donald Trump has selected investor Scott Bessent as his nominee for Treasury secretary, putting forth a campaign trail partner and early frontrunner for the job after a long and contentious process.

President-elect Trump nominated Scott Bessent, the founder and CEO of global macro investment firm Key Square Group, for treasury secretary.

The uptick in business activity was largely driven by the services sector.

Stocks are retreating but still on track to end a Nvidia-dominated week higher.

SINGAPORE/HONG KONG (Reuters) -The governor of Texas ordered state agencies to stop investing in China and sell assets there as soon as possible, citing financial and security risks, a sign of rising U.S.-China tensions starting to impact global capital flows. In a letter to state agencies dated Nov. 21 and posted to his website, Republican Greg Abbott said "belligerent actions" of China's ruling Communist Party had increased risks to Texas' investments in China, and told investors to get out.

Faced with unconventional and disruptive proposals, investors are figuring out how to place their bets.

Musk wants to put federal workers out of their jobs and make it harder to reach anybody at a government office. Did voters ask for this?

Investors are flocking to exchange-traded funds this year. FOX Business explains the appeal of the pooled investment securities, and how to make money with them.

"I am gravely concerned that the rise of tariffs puts us on a slippery slope towards crony capitalism," the billionaire investor said.

President-elect Donald Trump on Tuesday tapped Dr. Mehmet Oz, a former television talk show host and heart surgeon, to head the agency that oversees health insurance programs for millions of older, poor and disabled Americans and selected Wall Street executive Howard Lutnick to lead the Commerce Department. “Dr. Oz will be a leader in incentivizing Disease Prevention, so we get the best results in the World for every dollar we spend on Healthcare in our Great Country,” Trump said in a statement. “He will also cut waste and fraud within our Country’s most expensive Government Agency, which is a third of our Nation’s Healthcare spend, and a quarter of our entire National Budget.”

Donald Trump has been somewhat cagey about his economic plans — especially tariffs — since voters elected him president. That is raising the stakes in a drawn-out contest to become his treasury secretary while focusing Wall Street's attention on other key posts.

Donald Trump has been somewhat cagey about his economic plans — especially tariffs — since voters elected him president. That is raising the stakes in a drawn-out contest to become his Treasury secretary while focusing Wall Street's attention on other key posts.

The department is a key player in boosting domestic manufacturing and the US-China tech war.

The president-elect is considering a conflicting mix of qualities as he decides who will steer his economic agenda.

(Bloomberg) -- Vladimir Putin’s war on Ukraine is escalating after months of bloody attrition.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftA Bug’s Eye View of Mexico City’s Modernist ArchitectureAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceAs the conflict entered its 1,000th day, Ukraine took advantage of its newly granted long-range miss

Goldman Sachs sees the S&P 500 gaining 11% over the next year as stock market gains continue to broaden out from a few large tech names.

(Bloomberg) -- Ukrainian forces carried out their first strike on a border region in Russia using Western-supplied missiles as President Vladimir Putin approved an updated nuclear doctrine expanding the conditions for using atomic weapons. Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftA Bug’s Eye View of Mexico City’s Modernist ArchitectureAmtrak Wins $300 M

Republicans are juggling complex political and tactical questions as they plan their congressional agenda next year.

Donald Trump’s choice of former SEC boss Jay Clayton to lead an office of federal prosecutors with a history of pursuing financial crimes is notable for its complete lack of controversy — especially on Wall Street.

Worries about a nuclear escalation to the Russia-Ukraine war rattled markets, stealing focus from Nvidia and Walmart earnings..

Worries about a nuclear escalation to the Russia-Ukraine war rattled markets, stealing focus from Nvidia and Walmart earnings..

AI prospects are no longer the key reason why Wall Street strategists see the bull market rally reaching new highs.

Dee Goddard says her family is at the point of "giving up" living in the Derbyshire Dales.

(Bloomberg) -- US Treasuries climbed and European stocks and US futures erased earlier gains as investors sought safer assets amid concern the conflict in Ukraine could escalate.Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollIn Cleveland, a Forgotten Streetcar Bridge Gets a Long-Awaited LiftAmtrak Wins $300 Million to Fix Its Unreliable NJ-to-NYC ServiceA Bug’s Eye View of Mexico City’s Modernist ArchitectureThe Stoxx 600 in

After two years of massive gains in the S&P 500, one of Wall Street's biggest bulls thinks the rally will take a "breather" in 2025 as small stocks lead the index higher.

The contest for treasury secretary has emerged as a key stumbling block in Donald Trump's presidential transition period.

Despite last week's stock slide after the post-election rally, Wall Street strategists are long-term bullish. That includes BlackRock's Rick Rieder, who said earnings and technicals support further gains.

Wall Street is staying upbeat on Trump 2.0.

Goldman Sachs economists released an analysis that projected that President-elect Trump's tax cuts and deregulation will support growth, while broader tariffs could dampen the impact.

Here's how investors are thinking about stocks post-election.

William A. Smith, the former chief financial officer for the Detroit Riverfront Conservancy, was accused of embezzling funds meant to support efforts to beautify the city’s waterfront.

Elon Musk posted on X his endorsement of the billionaire CEO of Cantor Fitzgerald on Saturday.

We’re less than two weeks removed from Donald Trump’s second presidential election win, and investors, economists, and citizens alike are still trying to figure out what it all means.

The post-election rally has lost steam, with the S&P 500 down 2 percent for the week. But major stock indexes are still up since Election Day.

President-elect Donald J. Trump selected Matt Gaetz, a former Florida congressman, as his attorney general, a pick that drew a rare bipartisan rebuke from both conservative and liberal media outlets.

Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear off.

Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear off.

The hourlong call centered on what German officials said was a push to end the war in Ukraine. It was the first in two years between Mr. Putin and Chancellor Olaf Scholz

Wall Street is absorbing a jump in retail sales and Jerome Powell's hawkish comments as Trump-fueled optimism starts to wear off.

Jerome Powell's hawkish comments are casting a pall on markets as the initial optimism for Donald Trump's policies starts to wear off.

Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for interest rates and will respond to economic data as it comes in.

The incoming Trump administration's plans, if enacted, would involve a large increase in the US government's debt. For years, this hasn't been a problem for markets. But once again, Wall Street is asking if this time will be different.

Strong inflation readings in October have economists arguing that the Federal Reserve will likely cut interest rates by less than initially thought in 2025.

FOX Business' Stuart Varney discussed Trump's surprising new Cabinet picks including Matt Gaetz for attorney general and Fox News' Pete Hegseth to lead the military.

Strong inflation readings in October have economists arguing that the Federal Reserve will likely cut interest rates by less than initially thought in 2025.

Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in DC.

The Trump loyalist supports an “aggressive” antitrust approach and has called for breaking up Big Tech. But can the controversial nominee win Senate approval?

Comments from Jerome Powell could set the tone for rate cuts as the market assesses the impact of a Republican sweep in DC.

Investors are deliberating whether a postelection rally following Donald Trump's decisive victory last week still has room.

The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price pressures.

The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price pressures.

The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price pressures.

(Bloomberg) -- Donald Trump’s election victory has catapulted US stocks to fresh records and pushed the dollar to a two-year high. It’s anything but good news for the rest of the world. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesNo Water by Year-End for This Zimbabwean City of 700,000 PeopleArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictEquities excluding the US are tumbling,

The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price pressures.

The wait is on for fresh consumer inflation data as investors weigh whether a Donald Trump White House would whip up price pressures.

The wait is on for fresh consumer inflation data, as investors weigh whether a Donald Trump White House would whip up price pressures.

(Bloomberg) -- Stocks traded mixed ahead of key US inflation data Wednesday as concerns grew that President-elect Donald Trump’s proposed tariffs and picks for key posts may reignite price growth. Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictNo Water by Year-End for This Zimbabwean City of 700,000

Traders await the latest consumer inflation data, due Wednesday.

A red-hot stock market still has "room to run," but that doesn't make it the best place to put your money right now, according to the co-chief investment officer of the world’s largest hedge fund.

Investors are assessing whether the post-election rally is about to stall and what Donald Trump's Cabinet picks mean for policy.

Investors have been comforted by a clear election result and are anticipating tax cuts and deregulation from a second Trump administration.

Investors are assessing whether the post-election rally is about to stall and what Donald Trump's cabinet picks mean for policy.

Investors are assessing whether the post-election rally is about to stall and what Donald Trump's cabinet picks mean for policy.

Investors are assessing whether the post-election rally is about to stall and what Donald Trump's cabinet picks mean for policy.

(Bloomberg) -- President-elect Donald Trump is poised to pick two men with track records of harshly criticizing China for key posts in his new administration, a sign relations between the superpowers may deteriorate further in coming years.Most Read from BloombergThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictKey Ballot Initiatives and Local Races Highlight Views on Abortion, Im

The Dow and S&P 500 closed at all-time highs on Monday, with both surpassing key levels as the trading day ended for the first time.

Strategists are growing increasingly positive about the outlook for stocks in Donald Trump's second term as president.

The House of Representatives is likely to again be under GOP rule next year, cementing a unified control of power across Washington in 2025.

"President-elect Trump is the most pro-stock market president we have had in our history," Siegel said on CNBC's "Squawk Box" Monday.

Markets still appear upbeat about the prospect of a Trump presidency, though thoughts are turning to consumer inflation data on the horizon.

Markets still appear upbeat about the prospect of a Trump presidency, though thoughts are turning to consumer inflation data on the horizon.

Stocks are coming off a winning week that centered on the presidential election and Fed meeting.

The Chinese economy is more dependent on exports, making tariffs more potent, yet it’s less reliant on American markets and increasingly bent on self-sufficiency.

Many economists are already scaling back their expectations for the number and pace of Federal Reserve rate cuts next year on account of policies expected from a new Trump administration.

Donald Trump unleashed China tariffs during his first term that essentially sparked a trade war after the country retaliated with its own U.S. import taxes

Despite the market's risk-on rally following Trump's win, experts warn Trump's economic policies could pose a risk to the market’s momentum and temper rate cuts from the Fed.

The strength of the market response has arguably been at odds with what many economists consider the prospect of worse economic policies under President-elect Trump.

Craft distillers in the U.S. are facing several issues including higher distilling input costs and potential tariffs on American whiskey, according to experts.

Veterans Day falls on November 11 each year, regardless of the day of the week. It's a federal holiday, meaning federal government buildings, banks and post offices are all closed.

During a news briefing, he was asked if he would resign if Trump demanded it, and Powell simply replied "no."

The Dow crossed 44,0000 for the first time ever as stocks were on track for their best week in a year on optimism that President-elect Donald Trump's policies will boost the economy.

Stocks are poised for a downbeat end to a stellar week of gains driven by optimism that President-elect Donald Trump's policies will boost the economy.

(Bloomberg) -- A whopping $20 billion flowed into US equity funds on Wednesday, the day Donald Trump claimed a decisive victory in the presidential election, according to Bank of America Corp. strategists.Most Read from BloombergKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationParis Restricts Through Traffic in City CenterFrom Housing to Immigration, Key Ballot Initiatives and Local Races to FollowThat was the biggest daily addition in five months, strategist Michae

Stocks are poised for a downbeat end to a stellar week of gains driven by optimism that President-elect Donald Trump's policies will boost the economy.

Big changes are coming in the next Trump administration. But your investing plans needn’t change, our columnist says.

Here’s what the president-elect has said he might do with your taxes, student loans, Social Security and more.

Federal Reserve Chair Jerome Powell said he wouldn't step down if President-elect Trump calls for his resignation and that the president can't remove or demote Fed governors.

The S&P 500 and the Nasdaq Composite closed at fresh records on Thursday.

The Fed cut interest rates by 25 basis points, avoiding any surprises just days after the election of Donald Trump as the next US president.

Donald Trump's plans for tax cuts and tariffs raise questions about much further the Fed might cut.

Strategists believe the massive stock market surge after Trump's victory is the start of a larger rally to follow.

Advisers to President-elect Donald J. Trump and Republicans on Capitol Hill are already looking at ways to scale back some of his more expensive ideas.

The Federal Reserve is expected to cut interest rates by 25 basis points Thursday and avoid any unnecessary surprises following the election of Donald Trump as the next US president.

Investors are drilling down into the impact of Trump's expected policies as they wait for a Fed interest-rate decision.

Investors are drilling down into the impact of Trump's expected policies as they wait for a Fed interest-rate decision.

When exit polls began to be released on Tuesday night, it appeared to contain a nugget that augured well for Kamala Harris. In the end, it didn't.

Donald Trump's presidential win has raised the bar for Beijing's fiscal stimulus plans, expected Friday.

Stocks rallied as investors digested Donald Trump's victory in the US presidential election over Kamala Harris.

Trump has promised tariffs on all foreign goods. If he follows through, many smaller economies may be forced to respond in kind.