Key Financial News: Big Bank Earnings, December CPI, and Bessent Hearing

Reported about 7 hours ago

This week in financial news, major banks announced strong fourth-quarter earnings, with Morgan Stanley and Bank of America doubling their profits, while the December Consumer Price Index showed steady inflation at 2.9%. Additionally, Scott Bessent's confirmation hearing as Treasury Secretary nominee highlighted his pro-growth fiscal policies.

Source: YAHOO

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