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Wall Street futures also fall after US prosecutors launch criminal investigation into chair Jay Powell
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The European Commission allowed carmakers to volunteer limits on their imports from China instead of paying tariffs, an arrangement that could help Volkswagen.
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A criminal investigation into Jay Powell, the Federal Reserve chair, may be the most consequential attack yet on the central bank's political independence.
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Federal Reserve Board Chair Jerome H. Powell accused the Justice Department of using the investigation to pressure the central bank to lower interest rates.
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A 10% cap on interest rates could mean a big hit to earnings at companies like Capital One and Synchrony. But a Jefferies analyst says it's "highly unlikely" that Trump gets his way.
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A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with less-than-ideal credit, banks say.
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These rules make it clear how employers should handle situations that could otherwise lead to possible legal problems.
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Readers didn't hold back in their responses. Here are their insights about what's coming in 2026 and must-read books.
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The 2025 holiday season was solid for some retailers as they posted modest growth, but results failed to blow away expectations.
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Jennifer Lawrence, Jenna Ortega, and J.Lo Redefine Naked Dressing at the 2026 Golden Globes VogueJennifer Lawrence's Golden Globes 2026 Naked Dress Is a Callback to This Naked Look Beyoncé Wore 11 Years Ago People.comJennifer Lawrence Stuns in Naked Dress at 83rd Golden Globe Awards tmz.comJennifer Lawrence dons see-through gown with embroidered florals goodmorningamerica.com
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JPMorgan Chase CEO Jamie Dimon marks 20 years as CEO this month. Insiders say he remains as involved as ever managing the sprawling operations of the megabank.
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It Was the Craziest NFL Playoff Weekend Ever—and These Numbers Prove It The Wall Street JournalBarnwell: What went wrong -- and what's next -- for five losing teams from wild-card weekend ESPNNFL Divisional Round: Biggest immediate question for advancing/eliminated playoff teams NFL.comNFL playoff winners and losers: Unraveling Eagles come fully undone USA Today
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Ofcom investigates Elon Musk's X over Grok AI sexual deepfakes BBCOpinion | Grok Is Undressing People Online. Here's How to Fix It. The New York TimesOfcom investigating Elon Musk's X after outcry over sexualised AI images The GuardianMalaysia, Indonesia become first to block Musk's Grok over AI deepfakes NPRThe mother of one of Elon Musk's children says his AI bot won't stop creating sexualized images of her NBC News
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"I am retired, and my wife is an employed physician. She is 56 and would like to retire as well."
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Former chancellor Nadhim Zahawi defects to Reform UK BBCFormer Tory chancellor Nadhim Zahawi defects to Reform UK - politics live The GuardianEx-Tory Chancellor Zahawi Joins Reform in Biggest Defection Yet Bloomberg.comFormer UK Government Minister Zahawi Defects to Reform From Conservatives U.S. News & World Report
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Hong Kong media tycoon Jimmy Lai's health in focus at mitigation hearing ReutersHong Kong court hears arguments on sentencing of former publisher Jimmy Lai; no decision yet AP NewsJimmy Lai's Lawyer Cites Health and Age in Leniency Bid at Hong Kong Court Bloomberg.comHong Kong's Jimmy Lai may complete non-national security jail terms by June: prosecutor South China Morning Post
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Hearings on whether Myanmar committed genocide against the Rohingya opens at top UN court ABC NewsView Full Coverage on Google News
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He got knocked down, but he got up again.
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Ricky Gervais Won the Comedy Award. Wanda Sykes Got the Last Laugh. The New York Times‘Do Less!' Bill Maher Glares at Wanda Sykes as She Mocks Him at Golden Globes YahooWanda Sykes Thanks "God and the Trans Community" on Ricky Gervais' Behalf After His Golden Globes Win The Hollywood ReporterWanda Sykes Trolls Bill Maher Right To His Face At The Golden Globes HuffPost
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Banks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit CNBCShares in US credit card issuers slide after Trump calls for 10% rate cap Financial TimesEuropean shares slip from peak as Trump's credit card fee cap plan rattles banks ReutersTrump Says Credit Card Firms Violate Law If Rates Not Capped Bloomberg.com
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The combination of the two small, budget airlines comes as low-cost carriers have struggled with high costs and competition.
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Golden Globes Winners: The Complete List The New York Times2026 Golden Globes full coverage: List of winners as 'One Battle After Another' and 'Hamnet' take home top film nods; 'Adolescence' recognized for TV with 4 wins Yahoo‘One Battle After Another' and ‘Hamnet' Take Best Picture Prizes at Golden Globes Golden Globes
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Federal Prosecutors Open Investigation Into Fed Chair Powell The New York TimesStatement from Federal Reserve Chair Jerome H. Powell Federal Reserve Board (.gov)Morning Bid: Powell's punch back jolts markets ReutersTrump denies involvement in DOJ's Fed subpoenas: 'I don't know anything about it' NBC NewsDOJ subpoenas Federal Reserve in escalating pressure campaign
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Australia social media ban: Meta blocks 550,000 accounts under new law BBCMeta Shuts 550,000 Accounts on Australia's Kids Social Media Ban Bloomberg.comMeta blocked nearly 550,000 accounts in first days of Australia's under-16s social media ban The GuardianWhat we can learn from Australia's social media ban The Hill
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With earnings season about to kick off, U.S. stock futures slipped Sunday, after the Dow and S&P 500 closed Friday at record highs.
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Can't wait to file for a refund? Qualified taxpayers can start today, says the Internal Revenue Service. Using Free File can help.
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Budget airlines in the U.S. like Allegiant and Sun Country have faced a surge in costs following the pandemic and the increase in domestic capacity.
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Positions that were once seen as indispensable are now obsolete thanks to this threat, and team members are watching leadership to see if, when and how their job will be next.
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Tough talk can be, well, tough. But it's also critical for ensuring your team is working at its best. Learn what holds managers back and how to remove the block that may be hurting your bottom line.
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The IRS will start accepting 2025 tax returns on Jan. 26, marking the official start of the 2026 tax filing season.
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President Trump's on-again, off-again tariffs on Chinese imports affected many U.S. businesses last year. We check in with one small business owner to ask what the year and holiday season were like.
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"Golden," from Netflix's KPop Demon Hunters, holds at No. 4 on Billboard's Radio Songs chart, tying Rosé's record for the highest-peaking K-pop hit in the list's history.
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Partial climbdown by billionaire follows freezing of satellite internet group's finances over fines levied on social media site
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