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US Stocks Close Higher as Donald Trump Becomes President

(NEW YORK) -- U.S. stocks closed higher on Inauguration Day, but the Dow and the S&P posted weekly declines.

The Dow jumped 94.85 (+0.48 percent) to finish at 19,827.25.

The ... Read More

Steven Mnuchin Says Tax Laws Have to Be 'Simpler and More Effective'

(WASHINGTON) -- Steven Mnuchin, President-elect Donald Trump’s pick for Treasury secretary, faced tough questioning at his confirmation hearing Thursday, as members of the Senate Finance Committee grilled him on his role in IndyMac, the failed ... Read More

Meet Tim Ferriss, the 'Four-Hour Guy'

(NEW YORK) -- Meet Tim Ferriss, who's known as the "four-hour guy"

It all started in 2007 with his first book, The 4-Hour Workweek, which landed the No. 1 spot on the New York Times, Wall Street Journal and B... Read More

Jobless Claims Fall to 234K

(WASHINGTON) — Jobless claims slumped last week, decreasing by 15,000, according to the latest figures released Thursday by t... Read More

Shop Across from White House to Sell Pro- and Anti-Trump Inauguration Swag

(WASHINGTON) — The owner of a gift store across from the White House has been selling presidential merchandise since the '80s and has his own way of predicting who will win the election every four years -- button sales.

“Since ... Read More

Steve Mnuchin's Controversial History with the Foreclosure Crisis

(WASHINGTON) -- Critics are gearing up for a confirmation fight Thursday over Steven Mnuchin -- Donald Trump’s pick for treasury secretary -- who previously ran a bank that has faced criticism over its foreclosure record.

Mnuchin, a ... Read More

American Airlines to Offer 'Basic Economy' Fares

(NEW YORK) -- American Airlines has joined other carriers in offering customers "Basic Economy" fares.

In a Read More

Confirmation Hearing Underway for 'King of Bankruptcy' Wilbur Ross

(WASHINGTON) — The confirmation hearing for Wilbur Ross, President-elect Donald Trump’s pick for Commerce Secretary, has begun before the Senate Committee on Commerce, Science and Transportation.

On Nov. 30, Trump announced his... Read More

General Motors Jobs Touted by Trump Were in Works for Years

(NEW YORK) -- Plans announced Tuesday by automotive giant General Motors to add or keep 7,000 American jobs and invest $1 billion in United States manufacturing -- later touted by President-elect Donald Trump on Twitter as part of a "big jobs push ba... Read More

US Stocks Close Lower After Trump's Dollar Comments

(NEW YORK) -- Investors appear to be uneasy ahead of the inauguration of President-elect Donald Trump as stocks closed lower after the holiday weekend.

The Dow slid 58.96 (-0.30 percent) to finish at 19,826.77.

The Nasdaq gave u... Read More

Boeing CEO Meets with Donald Trump

(NEW YORK) -- Boeing CEO and chairman Dennis Muilenburg says he had an "excellent conversation" with President-elect Donald Trump at Trump Tower in New York Tuesday.

Speaking to reporters following the meeting, Muilenburg said the two disc... Read More