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‘We do not support breaking up banks’ | Reuters
By Pete Schroeder | WASHINGTON WASHINGTON U.S. Treasury Secretary Steven Mnuchin told lawmakers Thursday that the Trump administration does not actually support separating investment and commercial banks.The administration has previously expressed
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Nasdaq hits record; bank earnings validate Wall St rally
An increase in Facebook pushed the Nasdaq to a record high on Friday, and the S&P 500 also rose after major U.S. banks kicked off the fourth-quarter earnings season with strong results.Wall Street has surged since President-elect Trump's unexpected election
Oil prices rise as markets eye OPEC, non-OPEC production cuts
SEOUL Oil prices rose in the first trading hours of 2017, buoyed by hopes that a deal between OPEC and non-OPEC members to cut production, which kicked in on Sunday, will be effective in draining the global supply glut.International Brent
Snap to price long-awaited IPO on Wednesday amid signs of brisk demand
Snap Inc, owner of popular messaging app Snapchat, will price its initial public offering after the U.S. stock market closes on Wednesday in the most eagerly awaited technology IPO since Chinese e-commerce giant Alibaba went public in 2014.The pricing will
