Host of ‘The Claman Countdown’ Liz Claman reports on the rise of crypto after SEC Chairman Gary Gensler’s decision to leave his position if Trump takes office.
– While President-elect Trump is busy building his cabinet, the DOGE team is already hard at work
– Wall Street CEO nods trade secretary, treasury favorite after tight race
– Bitcoin nears $100K as US stocks close a winning week, along with big gains for gold
– Nvidia’s CEO tells FOX Business why his company is dominating the AI race
– Prices are talking right now, but Walmart and TJX, owner of Marshalls and TJ Max, are telling customers what to expect.
– WATCH: Disney’s new cruise ship sails
– The estimated 6 million bananas that were sold in Suthwini are not fake news
– Butterball’s CEO talks about Thanksgiving turkey
THE DOGE RISES: Elon Musk and Vivek Ramaswamy, co-heads of the Department of Public Works are already hard at work, organizing the decision block……keep reading here.
VIDEO: DOGE will have no options to cut waste, Kevin O’Leary said.
TRUMP’S WALL STREET PICKS: In a tight race, Scott Bessent, a former investment manager for George Soros, won the nomination for treasury secretary on Friday, FOX Business reported.…keep reading here.
VIDEO: Scott Besent’s latest talks on the economy, Trump
Cantor Fitzgerald CEO Howard Lutnick, best known for helping rebuild his company after the 9/11 disaster, says more than 658 employees, including his brother, are in the running to become the next secretary of commerce… keep reading here.
VIDEO: Cantor Fitzgerald CEO Lutnick talks to FOX Business about the 9/11 anniversary
THE WHITE HOUSE, AFTER THE LAST ELECTION
STOCKS ARE GOING UP: US stocks rallied on Friday to wrap up a winning week…lots of markets here.
| A ticker | Security | Finally | Change | change % |
|---|---|---|---|---|
| Me: DJI | DOW JONES QUANTITIES | 44296.51 | +426.16 |
+0.97% |
| SP500 | S&P 500 | 5969.34 | +20,63 |
+0.35% |
| I: COMP | NASDAQ COMPOSITE INDEX | 19003.651134 | +31.23 |
+0.16% |
This is as Bitcoin flirts with $100,000. The largest cryptocurrency by market capitalization has gained more than 40% since Election Day…LIVE cryptocurrency prices here.
Helping drive the rally, investors say, is not just Trump’s pro-crypto stance but SEC Chairman Gary Gensler’s decision to resign rather than be fired by the president-elect…keep reading here.
VIDEO: Why the bitcoin boom is not a fad.
SHINING BRIGHT: Gold found its groove again, registering the biggest one-week gain since March 17, 2023, hitting $2,709.90 an ounce…check out ETF GLD, the world’s largest gold fund.
ETF REPORT: FOXBUSINESS.COM
SUPER STOCK: Nvidia’s quarterly results did not disappoint…keep reading here. The power of AI is so great, the three best exchange-traded funds of 2024 allow investors to bet on the company…keep reading here.
Check out Nvidia stock price here
VIDEO: The CEO of Nvidia in his company is the king of the world.
TARIFF NERVES: President-elect Trump has said he may use tariffs when dealing with adversary countries. Marketers measure what it means to their buyers. Here’s Walmart’s situation…keep reading here. TJX, the parent of TJ Maxx and Marshall’s, has a different idea…keep reading here.
VIDEO: Taxes are a bargaining tool, not a necessity, says noted economist Larry Lindsey.
PERSONAL FINANCIAL TIPS AND TIPS
HIGH SEAS: Disney’s new Treasure Ship is sailing. FOX Business got on board to watch…keep reading here.
TURKEY TALK: Who better to talk about Thanksgiving food than the CEO of Butterball…keep reading here.
NOT FAKE NEWS: The truth! An investor made more than $6.2 million to acquire a banana at an auction in Suthu…keep reading here.
DON’T MISS: FOX Business Rundown Podcast – many podcasts here.
FOX Business podcasts (Fox Business)
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