Markets
- Yellen says Powell probe 'extremely chilling' for Fed independence, market should be concerned - Former Fed Chair Janet Yellen spoke Monday to CNBC about a Department of Justice investigation into current Chair Jerome Powell.
- Banks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit - Posting on Truth Social, Trump said said he would "no longer let the American Public be 'ripped off' by Credit Card Companies."
- Gold smashes new record of $4,600 as Powell probe and global flashpoints ignite safe-haven rush - Spot gold advanced higher to hit over $4,600 an ounce for the first time.
- Dutch chip stock BE Semiconductor pops 8% after orders jump 105% in fourth quarter - European stocks started the new week in negative territory as investors weigh geopolitical developments and pressure on Fed Chair Jerome Powell.
- World's most vital oil chokepoint back in focus amid possible U.S. action against Iran - In an extreme escalation scenario, where tankers are unable to pass or energy infrastructure is damaged, oil prices could surge by double digits, said analysts.
- China's AI and robotics push isn't enough to kickstart its economy, leaving growth more exposed to trade risks - New tech sectors still account for a far smaller portion of China's economy than the gap left by the real estate slump.
- Asia-Pacific markets set to open higher, tracking Wall Street gains on U.S. jobs data - Investors will be keeping an eye on oil prices as protests continue in Iran and U.S. President Donald Trump reportedly is weighing options to intervene.
- Here are the 3 big things we're watching in the stock market in the week ahead - The new year on Wall Street officially kicks into high gear this week.
- Top Wall Street analysts recommend these dividend stocks for consistent income - TipRanks discusses three dividend-paying stocks, including Permian Resources and International Business Machines.
- Lawmakers are preparing to try again on major crypto bill. Why it matters and what happens next - Some lawmakers will meet on Thursday to discuss and edit draft legislation on crypto market structure, with the aim of passing a comprehensive law this year.