Even though many feared a stock market crash, the surprise election of Donald Trump has helped carry the Dow more than 1,000 points higher since Election Day.
President-elect Donald Trump's pick to lead the sprawling Transportation Department made $1.2 million from Wells Fargo's board, while overseeing the bank during the period it has admitted to creating millions of fake accounts.
The euphoric reaction on Wall Street to Donald Trump's win took many by surprise. Experts caution that the surge may fade unless Trump really moves to the middle and abandons protectionist policies that were disasters in the past.
President-elect Donald Trump told Time on Wednesday that he still plans to bring down drug prices, despite hopes on Wall Street for a more relaxed stance on this controversial issue.
Berkshire Hathaway's stock is hit a record high and Warren Buffett now trails only Bill Gates in the world's wealthiest rankings. Buffett may have backed Hillary Clinton over Donald Trump. But the market euphoria is good for Buffett.
Wells Fargo is the posterchild for misbehaving banks these days. But it's already pushing the incoming Trump administration for less scrutiny on the industry.
