Stocks have soared so dramatically in the final few weeks of the year due to optimism about Donald Trump's plans for economic stimulus and tax cuts once he takes office. But some worry that the market is now way ahead of itself.
Since the global financial crisis, the world's largest banks have agreed to pay close to $60 billion in fines just to the U.S. Department of Justice for creating and selling toxic mortgage-backed investments.
Richard Baldwin, who worked on trade for President George H. W. Bush says the next phase of globalization will be 'wilder' and 'less fair.' He warns Donald Trump to not try to protect blue collar jobs.
Goldman Sachs accounts for 24% of the Dow's post-election rally. It's a sign of how investors are betting big banks will benefit from higher rates, less regulation and more M&A.
Oprah Winfrey continues to lose weight thanks to Weight Watchers. Shares surged on the news of her latest ad campaign. But they are still down sharply this year despite Oprah's involvement with (and investment in) the company.
Elizabeth Warren warned that big banks and Republicans want to "strangle" the CFPB, the consumer watchdog that fined Wells Fargo $100 million for creating fake accounts.