Articles

Trump to pick deals lawyer Clayton to lead SEC

President-elect Donald Trump is expected to pick Sullivan & Cromwell partner Jay Clayton to run the Securities and Exchange Commission, positioning a top lawyer to banks and hedge funds to lead Wall Street’s main regulator.

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Holiday sales on pace for biggest gain since 2005

Shoppers abandoned their early reluctance and pushed U.S. holiday sales to the biggest increase in more than a decade, a research firm said Tuesday. Online sales grew an estimated 15 percent as Amazon Inc. had its best season yet.

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