>>Stocks Soar On Trump Win
(New York, NY) -- The opening bell rings this morning after stocks closed sharply higher Wednesday following word of Donald Trump's election victory. At the closing bell, the Dow Jones Industrial Average gained 15-hundred-08 points to 43-729, marking a record high. Also notching respective records - the S&P 500 gained 146 points to end at 59-29 and the Nasdaq added 544 points to finish the day at 19-983.
>>Federal Reserve Expected To Announce Another Rate Cut.
(Undated) -- The Federal Reserve wraps up a two-day meeting today with a highly-anticipated announcement on interest rates. Most analysts predict the central bank will cut rates by a quarter point, or 25 basis points. That would follow a 50-basis points reduction earlier this fall - the first lowering of rates in four years. Today's decision will be announced at 2pm Eastern time, followed by remarks from Fed Chair Jerome Powell.
>>Musk's Net Worth Surges Following Trump Win
(Undated) -- Elon Musk's net worth is surging after Donald Trump's election night victory. The Tesla CEO, who went all in on his support of the now President-elect, saw the automaker's stock surge Wednesday, sending his net worth up at least 20-billion-dollars. Musk is currently the richest man on the planet.
>>Strike May Be Looming For SEPTA
(Philadelphia, PA) -- Thousands of Southeastern Pennsylvania Transportation Authority workers might go on strike later this week. SEPTA is one of the largest rapid transit systems in America in terms of ridership and is the major transit provider for the city of Philadelphia as well as several surrounding counties. Members of the Transportation Workers Union Local 234 are seeking a new contract with the transit agency. Workers are trying to get pay raises and see the agency increase its safety efforts as well. SEPTA agreed to a one-year deal last November to avoid a strike.
>>Starbucks Rolls Out Holiday Menu
(Seattle, WA) -- Starbucks is rolling out its holiday menu. Some old favorites making a return include the peppermint mocha and a trio of lattes: caramel brulee, chestnut praline and iced sugar cookie almondmilk. Three new cranberry-inspired refreshers are also making their debut on the holiday menu this year.
>>American Freight Discount Furniture Stores Set To Close
(Kettering, OH) -- All of the American Freight discount furniture stores are set to close. The chain's parent company, Franchise Group, is shuttering well over 300 outlets across the nation as they file for Chapter Eleven bankruptcy protection. The stores are now running closing sales.
