What you need to know on Wall Street today

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Disney has agreed to acquire 21st Century Fox's film studio and a large chunk of its television production assets for $52.4 billion. Here's what you need to know:

In related news, the Federal Communications Commission is voting on a net-neutrality repeal. You can follow that live here.

On Wall Street, Citigroup's new managing-director list is out - here are the investment bankers and traders who just got promoted. And we asked two of Citigroup's top executives what they look for when hiring senior investment bankers.

The head of UBS's £1 trillion wealth management business has left in a major board reshuffle. And a partner has left Tourbillon Capital, a struggling New York hedge fund.

As expected, the Federal Reserve on Wednesday raised its benchmark interest rate. Here's what you need to know:

In crypto news:

Lastly, people travel thousands of miles to sell Christmas trees on the streets of Manhattan - meet an Alaskan family who has been doing it for 21 years.

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