Big Bank earnings, December CPI, Bessent hearing: ICYMI

Yahoo Finance reviews the three top market stories from this past week in case you missed it.

Leading the headlines, Big Banks launched earnings season with strong quarterly results. Hear further market insights below:

- Morgan Stanley and Bank of America report robust Q4 earnings

- BofA and Morgan Stanley profits double, 2025 Big Bank trends

- Commercial real estate to be 'pain point' for some banks: Strategist

Next, December's Consumer Price Index (CPI) report revealed steady inflation during the month. Catch market reactions below:

- CPI steady at 2.9%, Fed could pause interest rate hikes

- Fed is in a waiting game, not a 'stopping game': Economist

Finally, President-elect Donald Trump's Treasury Secretary nominee, Scott Bessent, had his confirmation hearing this week. For further insights see below:

- Scott Bessent's 3-3-3 plan will turn out more like 2-6-0

- Bessent to focus on pro-growth fiscal policy. What does that mean?

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

This post was written by Angel Smith