Trump's new Cabinet pick, Medicare's rising costs

US stock markets are trading higher after Donald Trump announced that Scott Bessent would fill the Treasury Secretary position. MJP Wealth Advisors' chief investment officer, Brian Vendig, weighs in on this development. Yahoo Finance Special Reporter Rachelle Akuffo details the three stories making market headlines today, followed by Yahoo Finance Senior Columnist Kerry Hannon, who explains how rising medicare costs will impact beneficiaries in 2025. CNET Editor at Large Bridget Carey offers the best tips and tricks for finding deals on Apple (AAPL) electronics this holiday season. Meanwhile, Yahoo Finance Senior Reporter Alexandra Canal details how to score savings at the box office. Oūra CEO Tom Hale breaks down how wearables could help combat rising healthcare costs. Yahoo Finance’s Wealth helps you manage your financial life from retirement planning to preparing your taxes. Find this and other episodes of Wealth at https://finance.yahoo.com/videos/series/wealth/. Thoughts? Questions? Fan mail? Email us at [email protected]. Yahoo Finance's Wealth is hosted by Brad Smith. Learn more about your ad choices. Visit megaphone.fm/adchoices