WASHINGTON—Allegations that surfaced this week of alcohol abuse and erratic behavior by Pete Hegseth, President Trump’s pick to lead the Pentagon, are adding to the uncertainty surrounding his ...

President-elect Donald Trump (R) announced television commentator, author, and retired National Guard officer Pete Hegseth as his nominee for secretary ... The confirmation process includes several ...

Recency bias is the tendency to place too much weight on the latest performance trends while giving short shrift to other factors, such as fundamentals, valuation, or long-term market averages.