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Major indexes hit records as post-election rally goes on

NEW YORK All three major U.S. stock indexes set record closing highs on Monday, extending their post-election rally as energy and other commodity-related shares gained and Facebook led a jump in technology. | Video

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Data Dive: Trump's military ambitions could run into budget buzzsaw

As President-elect Donald Trump his pick for secretary of defense, military spending to historic highs with $596 billion budgeted in 2016. The United States spends more on defense than the next seven countries combined, including China, Saudi Arabia and Russia.

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Data Dive: Hey millennials, need credit? Big data may have an answer

The Catch-22 of the credit world is that you can't get credit unless you have a credit score, but you can't get a credit score unless you have credit in the first place.

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Data Dive: Japan's growth problem – and Trump's

When President-elect Donald Trump sits down with Japanese Prime Minister Shinzo Abe this evening, their agenda will almost certainly include the Japanese economy.

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AT&T signs on Fox for DirectTV Now

AT&T has signed a deal with Fox Networks Group to continue showing its networks across its offerings including its online video service, DirectTV Now, the two companies announced on Monday.

3:46pm EST

Trump says will quit Pacific trade deal on day one of presidency

WASHINGTON U.S. President-elect Donald Trump released a video on Monday laying out actions he will take on his first day in office on Jan. 20, including withdrawing the United States from a Trans-Pacific Partnership trade deal.

6:20pm EST

Microsoft offers EU hardware, software LinkedIn concessions: sources

BRUSSELS Microsoft will still allow LinkedIn's rivals access to its software and give hardware makers the option of installing other services to try to win EU approval for its takeover of the U.S. firm, people familiar with the matter said.

12:41pm EST

BofA must face fraud lawsuit by Tutor Perini over debt sales

A U.S. appeals court on Monday revived a lawsuit accusing Bank of America Corp of defrauding Tutor Perini Corp by selling the construction company millions of dollars of auction-rate securities it knew were on the brink of collapse.

5:55pm EST

Wells Fargo payouts should be halted in wake of ruling: U.S. lawmakers

WASHINGTON The U.S. government should go after payouts to former Wells Fargo & Co executives involved in a scandal over unauthorized accounts now that a federal regulator has said it has the power to do so, lawmakers said on Monday.

5:38pm EST

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