Finance

The overall U.S. stock market has also surged since the election. The S&P 500 is up 21 percent since Election Day 2016, while the Dow Jones industrial average and the Nasdaq composite have jumped 28 percent and 30 percent, respectively. Other stalwarts since the election include the technology and financial …

Media magnate Oprah Winfrey is raking it in on her stake in Weight Watchers. The company’s shares were up nearly 20 percent Tuesday after the diet company reported better-than-expected earnings and raised its outlook, bringing Winfrey’s potential profit to roughly $300 million over two years. Weight Watchers stock is up …

Oliver Contreras | The Washington Post | Getty Images Robert Mercer speaks on the phone during the 12th International Conference on Climate Change hosted by The Heartland Institute on March 23, 2017 in Washington, D.C. Renaissance Technologies founder Jim Simons played a role in Robert Mercer giving up his leadership …

Mary Turner | Reuters Commerce Secretary Wilbur Ross, speaks at the Conferederation of British Industry’s annual conference in London, Britain, November 6, 2017. Turns out Commerce Secretary Wilbur Ross may have greatly exaggerated his wealth, according to a report from Forbes. Just a year ago, Forbes listed Ross’ net worth …

Soaring small business optimism is translating into big gains for larger, publicly traded companies as Main Street hopes for even more deregulation and hotly-anticipated tax reform, Goldman Sachs said. Shares of big companies that get their revenue from small businesses have rallied 38 percent since the election, while “the Russell …

STRINGER | AFP | Getty Images A Qatar Airways plane takes-off from the Hamad International Airport in Doha on July 20, 2017. Hong Kong’s Kingboard Chemical Holdings on Monday said it had agreed to sell its 9.6 percent stake in Cathay Pacific Airways to Middle Eastern carrier Qatar Airways for …

Andrew Harrer | Bloomberg | Getty Images Jerome Powell, governor of the U.S. Federal Reserve and President Donald Trump’s nominee as chairman of the Federal Reserve, speaks as Trump, left, listens during a nomination announcement in the Rose Garden of the White House in Washington, D.C., U.S., on Thursday, Nov. …

Win McNamee | Getty Images Federal Reserve Board Chairwoman Janet Yellen testifies before the Joint Economic Committee on Capitol Hill November 17, 2016 in Washington, DC. The Fed’s campaign to reduce its $4.4 trillion balance sheet is now taking effect and showing up in the data. Thursday’s Federal Reserve report …

Patrick T. Fallon | Bloomberg | Getty Images John Legere, chief executive officer of T-Mobile US. Talks between Sprint and T-Mobile for a possible merger continue despite differences on key issues, sources told CNBC. Last week, reports surfaced that SoftBank, the Japanese conglomerate that controls Sprint, was planning to end …

Getty Images | CNBC Kevin Warsh, former governor of the U.S. Federal Reserve board and Jerome Powell, governor of the U.S. Federal Reserve. Jerome Powell’s nomination to become the next chairman of the Federal Reserve capped weeks — months, really — of speculation and a selection process that now seems …