Business news
- JPMorgan Chase says banks could fight Trump credit card rate cap: 'Everything's on the table' - Banks say a proposed 10% cap on credit card interest rates would result in fewer credit card accounts for Americans and a hit to the U.S. economy.
- Data center REIT CEO says real estate ‘not in an oversupply state’ - Andy Power, CEO of Digital Realty says data center real estate is not oversupplied as hyperscalers like Nvidia, Amazon, Google and Meta announce more projects.
- December core consumer prices rose at a 2.6% annual rate, less than expected - EconomyDecember core consumer prices rose at a 2.6% annual rate, less than expectedPublished Tue, Jan 13 20268:31 AM ESTUpdated 3 Min AgoJeff Cox@jeff.cox.7528@
- JPMorgan Chase tops estimates as trading revenue exceeds expectations - JPMorgan will give investors a view into how consumers and corporations fared toward the end of last year and issue guidance on how 2026 may develop.
- Global central bankers unite in defense of Fed Chair Jerome Powell - Global central bankers issued a statement Tuesday defending U.S. Federal Reserve Chair Jerome Powell following the launch of a criminal investigation into the central bank chief.
- Iran’s regime in its ‘final days and weeks' after mass protests, Germany’s Merz says - German Chancellor Friedrich Merz on Tuesday said the embattled Iranian regime appears to be finished.
- Trump’s tariff gambit over Iran risks derailing U.S.–China trade deal - President Donald Trump's threat of 25% tariffs on countries doing business with Iran has raised the risk of derailing Washington's fragile trade deal with Beijing.
- Orsted jumps 6% after U.S. judge rules firm can resume wind project halted by Trump - The move comes shortly after a U.S. judge cleared the company to resume work on its nearly finished Revolution Wind project.
- European markets set to open broadly higher as geopolitics remains in focus - European stocks are expected to open broadly higher on Tuesday, with investors keeping an eye on geopolitical developments and data.
- Hedge funds had their best year since 2009. These 2 strategies drove the biggest returns - Hedge funds notch their best year since the Global Financial Crisis as equity and macro strategies surge.