By Medha Singh and Anisha Sircar (Reuters) – The Dow inched towards an all-time high on Wednesday, on a boost from retailers Home Depot and Nike, while record daily U.S. COVID-19 infections kept gains in check amid low liquidity in the final week of the year. Home Depot and Nike Inc advanced 1% and…

  By Jonathan Stempel NEW YORK (Reuters) -The U.S. Securities and Exchange Commission charged Medallion Financial Corp and its president with fraud for trying to inflate the stock price of the lender to taxicab medallion buyers, amid competition from Uber and Lyft. Medallion shares plummeted $3.83, or 45.3%, to $4.62 in morning trading, after earlier…

  (Reuters) – The U.S. trade deficit in goods mushroomed to a record in November as imports surged and exports slipped. The goods trade deficit widened last month by 17.5% to $97.8 billion from $83.2 billion in October, the Commerce Department said on Wednesday. That exceeds the previous record deficit set in September of $97…