Investors have flocked to Russian stocks in the past month. Hopes of closer ties between the U.S. and Russia because of Donald Trump's friendly relationship with Vladimir Putin are one big reason. The spike in oil prices is the other.
A whopping $63 billion has poured into U.S. stock funds since Donald Trump won the presidential election, according to the latest tally by Bank of America Merrill Lynch.
Trump wants to wean the U.S. off foreign oil. But under Rex Tillerson, Trump's nominee for secretary of state, Exxon was much more focused on pumping oil overseas in Russia and Africa and missed the huge possibility of job-creating oil production at home.
Kraft and Mondelez used to be one company. But there are rumors that the two could be reunited. Kraft, which now also owns Heinz, is backed by the acquisitive private equity firm 3G and the Oracle of Omaha -- Warren Buffett.
A group of Chinese investors has received security approval to acquire the 134-year-old Chicago Stock Exchange, despite concerns raised by some in Congress.
ExxonMobil CEO Rex Tillerson plans to step down at the end of the year from the helm of the world's largest public oil company to prepare for the confirmation battle over his nomination as America's chief diplomat.
Janet Yellen's term as Fed chair ends in early 2018. Trump has criticized her before. So the president-elect could have the opportunity to replace her. The Fed vice chair's term also ends in 2018. And there are two Fed vacancies as well.
