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S0-Dec-120816.jpg The D-day is upon us, as the markets wait with bated breath whether the Fed will be moved into action by recent economic data, which vouch for a strong momentum. Fed speeches have left open the possibility of another 25 basis point-increase before the year end.

wallstreet4-103112_09Dec16.jpg Extending the upward trend seen over the past several weeks, stocks moved mostly higher during trading on Friday. With the advance, all three of the major averages once again ended the session at record closing highs.

Slideshow-Yelen-Trump-121016.jpg Everyone knows that the Federal Reserve will raise interest rates next Wednesday at the conclusion of its two-day policy meeting. After all, Fed speakers have been jawboning a rate hike over the past few weeks. With the markets reacting with eerie calm to Donald Trump's win, policy makers have no...

CathyMcMorris-121016.jpg Congresswoman Cathy McMorris Rodgers, R-Wash., is expected to be President-elect Donald Trump's nominee as Secretary of the Interior, according to numerous media reports. A source close to the Trump transition team told USA Today the timing of the announcement of Rodgers' selection has not been determined.

GaryDCohn-120916.jpg President-elect Donald Trump has offered Goldman Sachs executive Gary Cohn a key position on his economic team, according to a report from NBC News. Citing sources close to Cohn, NBC News said Goldman's president and chief operating officer has been offered the position of Director of the National...

barack-obama-whitehouse-120916.jpg Reflecting concerns about foreign intervention in last month's elections, President Barack Obama has ordered an investigation into hacking-relating activity by the Russians. Obama's Homeland Security and Counterterrorism Advisor Lisa Monaco told reporters of the review at a breakfast arranged by the Christian Science Monitor on Friday.

wallstreet-111914_09Dec16.jpg Stocks remain mostly positive in mid-day trading on Friday after moving to the upside earlier in the session. With the gains on the day, all three of the major averages have once again reached new record highs.

AlanMulally-120916.jpg A long list of potential nominees for Secretary of State under President-elect Donald Trump has widened to include former Ford (F) CEO Alan Mulally. Trump senior adviser Kellyanne Conway revealed that Mulally is under consideration to be the nation's top diplomat in an interview on Fox News on Friday.

wallstreet2-103112_09Dec16.jpg Extending the upward trend seen over the past several weeks, stocks have moved moderately higher in morning trading on Friday. The gains on the day have once again lifted all three of the major averages to new record highs.

WholesaleInvetories-120916.jpg While the Commerce Department released a report on Friday showing a drop in U.S. wholesale inventories in the month of October, the report also showed a sharp increase in wholesale sales during the month. The Commerce Department said wholesale inventories fell by 0.4 percent in October after inching up by 0.1 percent in September.

Rove-Trump-boeing-120916.jpg GOP strategist Karl Rove has criticized U.S. President-elect Donald Trump's comments on aircraft maker Boeing Co.'s contract for a new Air Force One plane, saying they were inaccurate and de-stabled the stock of a major company. Air Force One is the official air plane for the U.S. President.

CONSUMER-RETAIL_09Dec16.jpg Consumer sentiment in the U.S. has improved by much more than anticipated in the month of December, according to a report released by the University of Michigan on Friday. The University of Michigan said the preliminary reading on its consumer sentiment index for December came in at 98.0 compared to the final November reading of 93.8.

new-Super-Mario-120816.jpg Super Mario Run, a new game that would offer augmented reality game experience on iPhones and androids will be launched soon. The video game developed by Nintendo will be available from December 15 on iOS and a few months later in Androids. The new game will be side scrolling, and will work on auto runner platform. Mario, the video game character, is a jump man. It was created by Shigeru Miyamoto

EASports-Doust-120916.jpg EA Sports has honored a 15-year-old brain cancer survivor and FIFA fan by including him as a star in the latest FIFA 17 video game. The cancer survivor, Kenton Doust, is a Canadian and Vancouver Whitecaps "superfan." The teenager has survived three brain tumors.

wallstreet-121514_09Dec16.jpg Stocks may move to the upside in early trading on Friday, extending the upward trend seen over the past several weeks. The major index futures are currently pointing to a modestly higher open for the markets, with the Dow futures up by 30 points.

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