Politics

• Trump says India won't buy Russian oil anymore. Moscow insists India hasn't said that - Analysts are skeptical that India will stop buying Russian oil completely.
• Venezuela tells China oil prices won't be set by the U.S., seeks to reassure investment after Maduro capture - Venezuela assured Beijing that its oil pricing will not be dictated by the U.S. and that Chinese investment in the South American country will remain secure.
• U.S. military shoots down Iranian drone that 'aggressively approached' aircraft carrier - The U.S. Central Command said the drone approached the USS Abraham Lincoln with "unclear intent."
• House Republicans move toward reopening U.S. government - The government partially shut down Saturday morning after Congress failed to pass a six-bill package to fully fund the government.
• Ray Dalio warns the world is ‘on the brink’ of a capital war - The billionaire Bridgewater founder also weighed in on investing in gold after the metal was gripped by a sharp sell-off.
• Trump refuses to be outdone by Europe, signing his own U.S.-India trade deal - The U.S. deal comes after global trading partners have been signing trade pacts, leaving America looking ostracized and more isolated.
• Rare earth stocks jump after Trump launches $12 billion critical minerals stockpile - The moves come shortly after President Donald Trump announced the establishment of a U.S. critical mineral reserve.
• House hardliners complicate ending government shutdown as Speaker Johnson moves ahead - The U.S. government partially shut down Saturday morning after Congress failed to pass legislation to keep it funded.
• Trump says DOJ should continue Fed Chair Powell probe 'to the end' - Sen. Thom Tillis said he would oppose any new Fed nominees until the Powell probe is resolved, the same day Trump announced Kevin Warsh as his Fed chair pick.
• Palantir beats fourth-quarter estimates on the strength of AI and defense demand - Palantir topped Wall Street's fourth-quarter estimates as more businesses and the U.S. government race to buy its artificial intelligence tools.