Finance

Shares of HCA Healthcare surged more than 6 percent Thursday after JPMorgan research concluded that the company would “disproportionately benefit” from the Republican tax plan. Should the GOP muster enough congressional support to lower the corporate tax rate to 20 percent as planned, JPMorgan analyst Gary Taylor believes HCA Healthcare …

Andrew Harrer | Bloomberg | Getty Images Janet Yellen, chair of the U.S. Federal Reserve, arrives to a Joint Economic Committee hearing in Washington, D.C., on Wednesday, Nov. 29, 2017. The U.S. economy expanded at a modest to moderate pace in October through mid-November and inflation pressures increased, the Federal …

Bitcoin has gained, and plunged, well over $1,000 in less than 24 hours. The digital currency dropped more than 18 percent from a record high of $11,388.33 to $9,290.30 on Wednesday, according to CoinDesk. Bitcoin then attempted to recover the $10,000 level in the late afternoon and was last trading …

Jason Alden | Bloomberg | Getty Images A clinical technician holds a syringe and a vial of Allergan Botox, produced by Allergan. Shares of Allergan jumped more than 2 percent Wednesday after analysts at Morgan Stanley downplayed concern over competitive pressure for its key product, Botox. “Fears about a ‘better …

The Bitcoin rally is accelerating. The digital currency spiked through $11,000 Wednesday morning, hours after surpassing the $10,000 level for the first time. Bitcoin traded at an all-time high of $11,155.20 at around 9:00 a.m. ET, according to industry site CoinDesk. By 9:16 a.m., bitcoin had leaped all the way …

Adam Jeffery | CNBC Steve Mnuchin, U.S. Treasury Secretary, speaking at the New York Economic Club on Nov. 9th, 2017. Regulators are considering opening the books on the $14 trillion Treasury bond market, allowing investors to take a look at previously unavailable data about Wall Street’s trading habits. Treasury Secretary …

A fall in cryptocurrencies wouldn’t be enough to destabilize an economy, Federal Reserve chair nominee Jerome Powell said Tuesday. “They don’t really matter today; they’re just not big enough. There isn’t close enough volume to matter,” Powell told the Senate Banking Committee at his confirmation hearing for the central bank’s …

Andrew Harrer | Bloomberg | Getty Images Jerome Powell, chairman of the U.S. Federal Reserve nominee for U.S. President Donald Trump, waits to begin a Senate Banking Committee confirmation hearing in Washington, D.C., U.S., on Tuesday, Nov. 28, 2017. During his time as a Fed governor, Powell has consistently voted …

Luke Sharrett | Bloomberg | Getty Images A factory worker installs rivets into the roof of an Airstream Inc. RV travel trailer on the production line at the company’s assembly plant in Jackson Center, Ohio. Check out the companies making headlines after the bell Monday. Shares of Thor Industries soared …

Daniel Acker | Bloomberg | Getty Images Robert Kaplan, president of the U.S. Federal Reserve Bank of Dallas. Dallas Federal Reserve Bank President Robert Kaplan on Monday made his clearest case yet for an interest-rate hike next month and more to come in 2018, saying that waiting too long to …