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It's one of the most eagerly awaited IPOs in years. But Snapchat's IPO might not be a smart investing choice for young Millennials who love the app. Snapchat is losing money and user growth is sluggish.

McDonald's is looking to beef up its sales with new tech. The company said Wednesday that it plans to launch an app where diners can place orders for pickup, and it'll start expanding its delivery services.

Wells Fargo's board announced plans on Wednesday to strip CEO Tim Sloan and seven of his top lieutenants of their 2016 bonuses and slashed stock awards they were due to be paid.

Venezuela only has $10.5 billion in reserves, according to its most recent stats. Debt payments loom amid the country's economic crisis.

Brokerage firm Charles Schwab will drop its online trading fees for U.S. stocks and ETFs to $4.95 from $6.95.

The chances of a rate hike in March surged to 66% Wednesday from 35% Tuesday after New York Fed President William Dudley said the case for raising rates is "more compelling."

Evan Spiegel, the CEO and cofounder of Snap, is due for a big payday.

As President Trump talked about reviving "dying industries," China said it plans to ax 500,000 coal and steel jobs this year.

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

Immigration advisers in the Middle East report a sharp increase in inquiries and applications for EB-5 visas since President Trump took office.

New York Federal Reserve President said stock markets, consumer confidence and business confidence have all gone up considerably since the U.S. election.

Trading on Signet Jewelers halted on Tuesday morning following news that a massive class action lawsuit has been taken against Sterling Jewelers, which owns Kay Jewelers an Jared the Galleria of Jewelry and is itself a part of Signet.

If the Dow closes higher on Tuesday, it would be the index's 13th consecutive record high. That's never happened in the index's 120-year history.

The stakes are high for President Trump's primetime address on Tuesday. Wall Street wants Trump to back up the pro-business promises that have sent the Dow skyrocketing 2,500 points since the election.

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Read full story for latest details.

Prosecutors have indicted Lee Jae-yong, the de facto chief of giant South Korean conglomerate Samsung, on bribery and other charges.

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