LIVE Trump Treasury secretary nominee Scott Bessent's confirmation hearing Bank of America and Morgan Stanley cement a Wall Street revival Profits more than doubled, and dealmakers are optimistic about the coming Trump presidency. Yahoo Finance • 3 hours ago C +0.22% WFC -0.92% Stocks meander with earnings rush, Bessent hearing in focus December retail sales signal strong end to year Trump team readies plan for Russia deal, Iran squeeze Restaurant CEOs are on the lookout for more egg inflation Mazda CEO on record sales, popular hybrids, and Trump tariffs US defense industry braced for tech shake-up under Trump Philly Fed's factory gauge surges by most since 2020 US weekly jobless claims increase more than expected Trump pick Bessent set for Senate grilling on tariffs Latest Amazon opens Cape Town walk-in centre as strives for market-share Tech groups sue US CFPB to block rule on payment apps, digital wallets Insurers balk at $19.7M claim on fake Basquiat paintings seized by FBI Fed's Waller: Cuts could come sooner than later if disinflation meets expectations Bank of America reveals top technology stock pick for 2025 New York Fed says as of January reserve levels still abundant Symbotic Stock Pops on New Robotics Partnership With Walmart US business inventories edge up in November Popular J&J’s Top Rating at Risk Because of Intra-Cellular Deal Core CPI rises less than forecast as inflation pressures ease slightly in December Tesla Stock Is Soaring. Inflation Trumps the SEC. Bitwise Crypto Index ETP Delayed Until March by SEC BP cutting 4,700 jobs worldwide as part of cost-saving drive Technical Assessment: Bullish in the Intermediate-Term JPMorgan Chase's Q4 Results Top Estimates as Investment Banking Fees Surge Bessent confirmation hearing, Bank of America earnings: Yahoo Finance Wall Street will have its eyes on Washington today. President-elect Donald Trump’s pick to lead the Treasury Department, Scott Bessent, will answer questions from the Senate Finance Committee as part of his confirmation process. Yahoo Finance will carry the hearing live when it begins at 10:30 a.m. ET. Big banks are in focus again with Bank of America, Morgan Stanley, and US Bancorp. Trending tickers on Yahoo Finance include Taiwan Semiconductor Manufacturing Company, ASML Holding, and UnitedHealth Group. Key guests include:9:05 a.m. ET - Matt Bryson, Wedbush Securities Managing Director, Equity Research | Hardware9:05 a.m. ET - Marta Norton, Empower Chief Investment Strategist10:00 a.m. ET - Liz Ann Sonders, Charles Schwab Chief Investment Strategist10:05 a.m. ET - Nathan Sheets, Citi Chief Global Economist & Former Under Secretary of the Treasury for International Affairs 02:45 Well-known short-selling firm Hindenburg Research to close 02:32 UnitedHealth misses Q4 revenue forecast, medical cost challenges 05:34 Investor disappointment could 'risk' a sell-off 02:11 Target raising Q4 sales forecast on record holiday sales Investment Ideas Build Your Wealth View More More News