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Trading desks across Wall Street have benefited in the last year as Trump's policies have roiled markets for bonds, currencies, commodities and stocks.
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President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality.
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Five days after Trump's demand to cap credit card rates, bankers and lobbyists told CNBC they have yet to receive any formal or written guidance on the policy.
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Under CEO Jane Fraser, Citigroup is in the midst of a restructuring, selling off parts of its overseas operations.
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House passes 2 more funding bills — with 4 more to go PoliticoDHS at center of progressive revolt as House advances $80B spending package Fox NewsReport Video Issues C-SPANHouse Republicans advance stock trading restrictions Politico
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China Announces Record Trade Surplus as Its Exports Flood World Markets The New York TimesChina announces record $1tn trade surplus despite Trump tariffs BBCChina's Record Trade Surplus Defies Expectations for Tariff-Driven Slowdown The Wall Street JournalChina blames US for trade imbalances as surplus hits record $1.2tn Financial TimesChina reports record $1.2 trillion trade surplus for 20
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Newsom Says California Will Not Extradite Abortion Provider to Louisiana The New York TimesLouisiana wants a California doctor extradited to face abortion charges. Newsom isn't having it. PoliticoCalifornia Gov. Newsom says he's blocking Louisiana's push to extradite doctor accused of mailing abortion pills NBC NewsGovernor Newsom rejects Louisiana's attempt to extradite California doctor for providing abortion care California State Portal | CA.gov
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Boeing warned plane owners in 2011 about a broken part that contributed to a UPS plane crash that killed 15 last year but at that point the plane manufacturer didn't believe it threatened safety, the National Transportation Safety Board said Wednesday.
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Iran briefly closes airspace as U.S. tensions rise, flights rerouted across region CNBCIran closes airspace to all flights as foreign minister denies it plans to execute protesters - live The GuardianIran closes airspace to commercial aircraft for hours amid tensions with US PoliticoIran signals plans for fast trials and executions while promising retaliation against US, Isra
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Niners LB Fred Warner doesn't rule out playing Saturday vs. Seahawks: 'Just taking it day by day' NFL.com49ers' Warner not ruling out return vs. Seahawks ESPNFred Warner: Expectation for Saturday is to take it day by day and see what happens NBC SportsTrash talk picking up before Seahawks-49ers playoff game The Seattle Times
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Trump faces Venezuela war powers vote as Danish official says there's ‘disagreement' over Greenland CNNTrump Live Updates: Denmark and U.S. at Odds Over Greenland, Diplomat Says The New York TimesLive updates: Senate eyes Venezuela war powers resolution; Marco Rubio, JD Vance huddle on Greenland The HillTrump Is Risking a Global Catastrophe The Atlantic
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S&P 500 books back-to-back losses as tech sells off, Bank of America slides after earnings: Live updates CNBCNasdaq leads Wall Street lower as tech and bank shares tumble Honolulu Star-AdvertiserStock market today: Dow, S&P 500, Nasdaq futures slip amid upbeat bank earnings, Iran fears Yahoo FinanceStock Market Today: S&P 500 Slips After Bank Earnings; Gold, Silver Hit Records — Live Updates The Wall Street Journal
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Adjusting Imports of Processed Critical Minerals and Their Derivative Products into the United States The White House (.gov)Gold and Silver in Modest Retreat After Surging to Record Highs Bloomberg.comTrump sets 180-day deadline to counter China's control of critical minerals South China Morning PostTrump says no critical minerals tariffs for now, will seek overseas supplies Reuters
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Minnesota and Illinois invoke the 10th Amendment in lawsuits to block federal agents in their cities. Here's why that matters CNNWhy this legal expert says the Minnesota and Illinois immigration lawsuits ‘are close to completely meritless' CNNHow Minnesota, Illinois are trying to use the 10th Amendment to block ICE Axios‘I'm Embarrassed': ICE Agents Speak About the Shooting in Minneapolis Time Magazine
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Half of Americans think ICE is making American cities less safe, CNN poll finds CNNMajority Of Voters Think Fatal Shooting Of Minneapolis Woman By ICE Agent Was Not Justified, Quinnipiac University National Poll Finds; 57% Of Voters Disapprove Of The Way ICE Is Enforcing Immigration Laws Quinnipiac University Poll5 takeaways from new polls of the Minneapolis ICE shooting CNNHalf of Americans think ICE is making cities less safe, poll finds - live The Guardian
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China was able to offset a slump in exports to the U.S. by redirecting them to Africa, India, Europe and Southeast Asian countries.
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Oil prices fall after Trump signals he could hold off on attacking Iran CNBCAsian Shares Set for Weaker Open, Crude Oil Falls: Markets Wrap Bloomberg.comOil Prices Drop After Trump Cools Iran Tensions The Wall Street JournalOil prices climb as markets weigh Trump's potential Iran strike Axios
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Only two of a dozen Fed districts reported slight price growth. The rest saw higher costs.
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Bilt, a rewards and payments start-up, has three new credit cards that can help users earn points when they pay their mortgage. You will need to do math.
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US and UK pulling some personnel from Qatar military base BBCLive updates: More than 2,400 protesters killed in Iran as Trump warns against executions CNNU.S. reduces some personnel at airbase in Qatar amid U.S. threats to target Iran CBS NewsIran warns of retaliation if Trump strikes, US withdraws some personnel from bases Reuters
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Bruno Mars tour 2026: How to get tickets for 'The Romantic Tour,' presale times, prices and more YahooBruno Mars SoFi StadiumPre-sale for Bruno Mars' The Romantic Tour begins: How to get tickets ABC NewsBruno Mars 2026 tour tickets are flying, get yours before they're gone USA Today
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Workers are worried about their jobs in 2026, but it's not as simple as salary concerns: how the office feels is important too.
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Here's all you need to know about new margin requirements.
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Moreno's Game Winner Lifts Cats Past Tigers UK AthleticsKentucky 75-74 LSU (Jan 14, 2026) Game Recap ESPNKentucky's Malachi Moreno hits buzzer-beater vs. LSU, which could have major NCAA tournament implications Yahoo SportsLSU basketball loses a fourth straight SEC game after Kentucky hits winner at buzzer NOLA.com
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China's exports growth in December sharply beat expectations, catapulting the annual trade surplus to a record high.
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 Topic: RobocarsTags: forbes
Robots are well behaved, and should be given the best pick-up/drop-off spots at the airport when the time comes
Read more at Forbes.com in Waymo To Test Serving SFO And Other Airports, Best Yet To Come
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Truelink Capital, the Los Angeles buyout house launched by a pair of former Platinum Equity managing directors three years ago, is already back in the market with its sophomore fundraise.
The post Ex-Platinum Equity execs back with second Truelink Capital fundraise, with eyes on $1.5bn appeared first on AltAssets Private Equity News.
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Newer automatic emergency braking systems prevent about twice the number of crashes that older models do but still fail to stop crashes at high speeds, a challenge for automakers preparing to meet a strict new federal standard for the technology.
Model-year 2024 vehicles with automatic emergency braking avoided 100 percentof forward collisions at 35 mph, a much better performance than 2017 and 2018vehicles, which avoided collisions 51percent of the time at that speed, according to research published Oct. 24 by AAA.
"AAA is very pleased to find that automatic emergency braking systems are getting significantly better, and that's a great result for drivers and safety of the road," said Greg Brannon, director of automotive research at AAA.
However, only three out of four test vehicles were able to avoid a collision at 45 mph, and none could avoid a collision at 55 mph.
NHTSA is requiring that all new vehicles be equipped with automatic emergency braking that can meet a high-speed requirement starting in September 2029. Vehicles must avoid a collision automatically with no manual braking for speeds of up to 50 mph. Vehicles must avoid a collision at speeds of up to 62.2 mph when a combination of the automatic emergency brake and the manual brake is engaged.
While AAA tested only full automatic emergency braking without driver intervention, that none of the vehicles could avoid a collision at 55 mph suggests that the industry has a ways to go to meet the new federal standard.
"The new standard doesn't go into place until 2029, so there's a lot of work and development and testing and things that will have to happen between now and then," Brannon said. "The good news is, we've
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Your life insurance monthly premium can start looking less and less appealing once you've retired. It's a scenario Dan Simon, a retirement planning adviser with Daniel A. White & Associates in Middletown, Del., has seen quite often, even with his own parents. "The cost of the insurance had risen to the point where it was getting unaffordable. They were wondering do we really need to keep this coverage now that the kids are all grown up?"
If you stop paying your premiums, you lose your life insurance coverage, and your heirs wouldn't get anything back for what you've paid in. If you cancel a policy that has cash value, a reserve of money built up in some types of life insurance, the insurer sends you a check for that amount, though it will be far less than the listed death benefit.
Over the past 20 years, a third option went mainstream: selling your policy to a company, a practice known as a life settlement, with the buyer getting the death benefit when you die.
SEE MORE Don't Fall for That Life Insurance Ad on TV
"It's kind of morbid when you think about it. A group buys boatloads of policies from people that have fallen on hard times and can no longer afford their insurance," profiting from the seller's death, says Simon. "In theory, they want you to die tomorrow. If you live another 20 years, it's a bad investment for them."
Selling a life insurance policy generally isn't a great deal for you either, and there are better alternatives worth exploring. Simon finds that people typically turn to selling a policy when they're desperate. Usually, it's because they've spent down their other retirement assets, or they might be dealing with high medical bills. "It's a measure of last resort, like taking a reverse mortgage. I rarely see them working out well for people, and they could en
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After two years of shipping delays and rising delivery costs, relief is in sight. By the end of the year, a marked improvement will be seen compared with a year ago.
The numbers of new drivers and trucks have picked up, easing constraints, though chassis shortages will likely continue into 2023. Spot market rates for trucks, excluding fuel surcharges, have dropped 30% from their peak earlier this year. They should decline a bit more, ending 2023 about 5% above their prepandemic level, according to Avery Vise, Vice President of Trucking at FTR Transportation Intelligence. Contract rates are typically slower to respond, and should ease to 17% above their prepandemic level by the end of 2023. Also, diesel prices are still 65% above prepandemic, so fuel surcharges will continue to be higher than normal. However, if a recession happens next year, then both volumes and rates will tumble.
SEE MORE 5 Stocks Making the Most of Supply-Chain Issues
Congestion at East Coast ports should ease in the next few months as a new labor contract is likely to be signed for West Coast dockworkers, allowing more vessels to return to using West Coast ports. Ship traffic from Asia is easing as 70% of retailers shipped early this year ahead of the holiday season, after getting burned last year, according to Ken Hoexter, a managing director at Bank of America. Ocean freight rates from China to the West Coast have fallen to $3,900 per 40-foot container, though that is still $2,500 more than the prepandemic average.
Rail freight is the problem child, according to Todd Tranausky, vice president of rail & intermodal at FTR. Freight has been moving at slower than normal speeds this year because of crew staffing shortages. Prior to the pandemic, the railroads embarked on a cost-cutting and labor-saving spree, reducing the wor
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