CNN Money Markets

The pound fell on fears that the U.K. is heading for a period of political turmoil as Brexit talks loom.

Wall Street doesn't seem worried at all about FBI director James Comey's hearing in Congress. The Dow, after initially trading sideways, jumped to a new all-time high Thursday afternoon towards the end of the highly-anticipated testimony.

Matt Zames, the COO of JPMorgan Chase and a 13-year veteran of the bank, is leaving the firm. That means that Wall Street needs to start guessing once more about who could eventually replace Jamie Dimon as CEO.

Trump wants to slash spending on a renewable energy program by 71.9%. Those deep cuts would do "serious harm" to America's energy future, according to former leaders of the program.

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The European Central Bank said Thursday it doesn't expect to have to cut interest rates for the foreseeable future because the economy is improving.

Here's what you need to know about the markets before you start your business day.

Rating agency Standard & Poor's said Qatar's diplomatic crisis with other Middle Eastern nations could prompt investors to yank money out of the country.

A New Jersey woman is suing Chipotle for allegedly cheating her out of thousands of dollars of overtime pay she says she deserves.

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Tesla catapulted onto the Fortune 500 list of the nation's largest companies for the first time Wednesday, landing at 383 on the list.

President Trump proclaimed Thursday that he has created "1 million private sector jobs" since he took office. That's not true. CNNMoney explains why.

The Dow popped 136 points on Thursday to notch its first record close in three months. Market analysts said the rally was fueled by strong economic numbers, not Trump's decision to withdraw from the Paris climate deal.

The U.S. shale oil boom is recovering from the crash faster than almost anyone imagined, OPEC included.

Trump vowed to roll back some of the Obama-era Dodd-Frank regulations and appointed several Goldman Sachs alums to his administration. But bank stocks have fallen due to concerns that the market is too quiet.

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Critics say the law vague and leaves foreign businesses, especially tech firms, confused about how it will affect operations.

Beijing is in prime position to capitalize on major policy fissures that have emerged between Europe and the Trump administration on climate, trade and defense.

Currency traders say the yuan's recent surge is most likely about Beijing proving a point after an embarrassing ratings downgrade.

Here's what you need to know about the markets before you start your business day.