Asian markets opened to a volatile session Friday, with Bitcoin leading a sharp crypto sell-off and stocks swinging as traders weighed President Trump's signals on a key Fed nomination and a deal to avert a government shutdown.
President Trump is preparing to nominate former Fed Governor Kevin Warsh to lead the central bank, according to people familiar with the discussions, a move that triggered immediate market reactions as investors assessed the potential policy shift.
President Trump is expected to nominate former Fed governor Kevin Warsh as the next Federal Reserve Chair, a move that could signal a pivot toward aggressive rate cuts paired with a reduction of the central bank's balance sheet, reshaping the landscape for markets and cryptocurrencies.
The US dollar hits a multi-year low against the euro following President Trump's endorsement of a weaker currency, sparking debate over its impact on trade, inflation, and America's financial standing.
The death of Jose 'Gonzalito' Sanchez, second-in-command of Colombia's largest criminal syndicate, in a boating accident raises immediate questions about the stability of ongoing government negotiations aimed at ending decades of conflict.
The probate process can drain an estate's assets and burden heirs for years. Financial and legal experts outline practical steps families can take now to ensure a smoother transfer of wealth.
A Russian drone strike targeted a bus carrying coal miners in central Ukraine, killing at least a dozen workers hours after Kyiv announced a postponement of diplomatic negotiations. The attack, condemned as a deliberate strike on civilians, marks one of the deadliest single incidents for Ukraine's energy sector since the invasion began.
Ukrainian President Volodymyr Zelenskyy confirms a new round of trilateral negotiations with Russia and the U.S. is scheduled for early February, even as drone attacks continue to target civilian infrastructure.
Boeing's Wichita-based engineering union has overwhelmingly approved a new labor agreement, securing substantial pay raises and improved benefits for approximately 1,600 technical staff, many recently transitioned from Spirit AeroSystems.
Congress has approved $23 billion in initial funding for the ambitious Golden Dome missile defense initiative, yet the absence of a detailed spending blueprint from the Pentagon is stalling progress and clouding investment prospects for 2026.
The Trump administration's AI Action Plan sets a strategic direction, but analysts argue its success hinges on aggressive private sector investment in workforce training to avoid leaving millions of workers behind in the coming technological shift.
A campaign-trail proposal to temporarily cap credit card interest at 10% could offer significant savings for millions of borrowers, but experts warn of potential unintended consequences for credit access and long-term financial health.
Kyiv expresses gratitude for a reported week-long halt to strikes on major cities brokered by the U.S. president, as freezing temperatures exacerbate the humanitarian situation. Moscow remains silent on the alleged agreement.
Reports of U.S. officials meeting with Alberta independence advocates have ignited a diplomatic row, as Canada's western province weighs a contentious push for sovereignty with an eye toward Washington.
Amid renewed threats of steep US tariffs, South Korean officials are scrambling to salvage a key trade deal, with high-level talks in Washington failing to yield an immediate breakthrough.
Morgan Stanley's top strategist argues that recent U.S. trade shifts have prompted nations worldwide to reassess and leverage their own economic strengths, creating a multi-year investment opportunity in a more multipolar global order.
The White House announces a major public-private initiative to stockpile rare earths and critical minerals, aiming to insulate U.S. defense and tech sectors from foreign supply shocks and geopolitical leverage.
Verizon Communications (VZ) surged nearly 12% after a robust Q4 2023 report, record postpaid growth, and a major share repurchase program. The telecom giant's confident 2026 outlook and strategic acquisition of Frontier assets signal a potential pivot, though questions about debt and valuation persist.
New research reveals a stark disconnect: while a majority of firms are ramping up investment in incentive pay to fuel growth, widespread execution errors are rendering these costly programs ineffective, leaving potential revenue on the table.
A new economic report finds that while inflation has cooled, recent tariff policies have kept prices higher than they otherwise would be, as the Supreme Court weighs the legality of the measures.
