Legendary investor Bill Gross has reached an $81 million truce with Pimco, ending a war with the firm he built into the world's biggest bond manager.
Howard Schultz tells CNN's Poppy Harlow what's ahead for Starbucks as he prepares to step down as CEO and hand over the title to the current COO Kevin Johnson. Schultz says "I think the stock is undervalued...but as someone so close to the company and obviously so personally involved, I've never been more proud and more optimistic about our future."
Shares of Canada Goose, the maker of expensive jackets loved by celebrities, surged in the first day of trading. Investors may be happy so far, but animal rights activists are not.
With the Trump administration and Republicans in Congress calling for a rollback of Dodd-Frank financial regulations, we thought it would be good to get the perspective of a former banker and U.S. Treasury Secretary, Robert Rubin. He also addresses concerns over the revolving door between Wall Street and Washington.
The Dow closed at an all-time high yet again - its 12th consecutive record day. That's only happened two other times in the 120-year history of the Dow.
The major averages hit five straight all-time highs for the first time since January 1992.
With calls from President Trump and the Republican-led Congress to roll back Dodd-Frank financial regulations, Federal Reserve chair Janet Yellen was nudged to debunk a few of the core arguments around lending and competitiveness.
In a meeting with the new president, pharmaceutical company executives seemed to pick up on Donald Trump's rhetoric on U.S. jobs.
The Dow blew past 20,000 for the first time ever but it's not the first time Wall Street has celebrated a milestone. CNNMoney's Maggie Lake reports on the historic rise.