Good morning. Donald Trump’s federal criminal charges are now a thing of the past. Coffee is about to get even more expensive. And Warren Buffett is making a big charitable donation. Listen to the day’s top stories.
Trump is in the clear, federally anyway. The president-elect’s criminal charges regarding obstruction of justice and classified records were dropped by US Special Counsel Jack Smith, who filed papers in court on Monday indicating the department would no longer move forward with either case against him. Trump’s two state prosecutions remain unsettled as he prepares to return to Washington. Stocks and bonds climbed on bets that his Treasury secretary pick, hedge fund manager Scott Bessent, will dilute his trade stance. And Goldman Sachs trader Scott Rubner expects a year-end rally to push the S&P 500 to 6,200 points.