On Jan. 12, 2026, Alphabet’s $4 trillion milestone helped the market recover from volatility surrounding the DOJ's investigation into Fed chair Powell, and a potential interest rate "cap" for credit cards.
The financial landscape was sent into a tailspin on January 9, 2026, when President Donald Trump announced a sweeping proposal to implement a temporary, one-year 10% cap on all credit card interest rates, effective January 20. The announcement, delivered via social media and followed by a brief press conference, has
As the sun rises on January 12, 2026, Wall Street finds itself in a state of high-stakes anticipation. Investors are collectively holding their breath for tomorrow’s release of the December 2025 Consumer Price Index (CPI) report, a data point that is expected to serve as the definitive barometer for
Gold prices surged to an unprecedented all-time high on Monday, January 12, 2026, as a deepening conflict between the White House and the Federal Reserve sent shockwaves through global financial markets. Spot gold breached the $4,600 mark for the first time in history, peaking at $4,600.33 per
The financial markets were jolted into a state of high volatility on Monday, January 12, 2026, as investors reacted to a renewed and aggressive push from President Donald Trump to implement a federal cap on credit card interest rates. The proposal, which seeks to limit annual percentage rates (APRs) to
The long-standing tension between the executive branch and the nation’s central bank reached a boiling point this week as the U.S. Department of Justice (DOJ) launched a formal criminal investigation into Federal Reserve Chair Jerome Powell. The probe, which centers on allegations of perjury regarding a multi-billion dollar
The U.S. stock market experienced a striking divergence on Monday, January 12, 2026, as a surge in artificial intelligence optimism propelled the Nasdaq Composite and S&P 500 to near-record levels, while a sudden regulatory shock to the banking sector left the Dow Jones Industrial Average languishing in the
The financial sector is reeling this week as a new and aggressive regulatory threat takes center stage: a proposed 10% national cap on credit card interest rates. On January 9, 2026, President Donald Trump used a series of public statements to call for an immediate, one-year "affordability" cap to be
WASHINGTON, D.C. — In a historic display of institutional solidarity, a bipartisan coalition of former Federal Reserve leaders and Treasury officials issued a blistering rebuke today, January 12, 2026, against the Department of Justice’s (DOJ) criminal investigation into sitting Fed Chair Jerome Powell. The joint statement, signed by former
As the opening bell of 2026 rings in a new era of market bifurcation, Nvidia Corp. (Nasdaq: NVDA) continues to demonstrate a singular resilience that has left the broader market in its wake. While the Dow Jones Industrial Average (DJIA) has struggled to maintain momentum in the face of a
In a move that has sent shockwaves through global financial centers and ignited a constitutional firestorm, the Department of Justice (DOJ) has officially opened a criminal investigation into Federal Reserve Chair Jerome Powell. The probe, which centers on allegations of "lying to Congress" regarding a multibillion-dollar renovation of the Federal
Shares of global payments company American Express (NYSE:AXP) fell 4.1% in the afternoon session after President Donald Trump announced a call for a 10% cap on credit card interest rates.
The S&P 500 index demonstrated remarkable intraday resilience on Monday, January 12, 2026, clawing back from early session lows triggered by a sudden Department of Justice (DOJ) investigation into Federal Reserve Chair Jerome Powell. Despite a pre-market sell-off that threatened to derail the ongoing "Freedom Rally," the benchmark index
In a move that has sent shockwaves through the American financial system, the Trump administration has officially proposed a national 10% cap on credit card interest rates. The announcement, which was first teased via social media late Friday evening, January 9, 2026, has triggered a massive sell-off across the banking
In an unprecedented escalation of the conflict between the executive branch and the nation’s central bank, the Department of Justice (DOJ) has launched a criminal investigation into Federal Reserve Chair Jerome Powell. The probe, which centers on alleged perjury regarding the $2.5 billion renovation of the Federal Reserve’
The bedrock of global financial stability was shaken to its core on Monday, January 12, 2026, as a full-blown constitutional crisis between the White House and the Federal Reserve sent shockwaves through international markets. The serving of grand jury subpoenas to Federal Reserve Chair Jerome Powell by the Department of
The financial markets opened to a sea of red this Monday morning as President Donald Trump’s latest economic offensive—a proposed 10% cap on credit card interest rates—sent shockwaves through the banking sector. The announcement, which the President teased in a late-night social media post on January 9,
The Canadian equity market surged to unprecedented heights on Monday, January 12, 2026, as investors fled a burgeoning institutional crisis in the United States. S&P/TSX Composite Index futures edged up 0.2% in early trading, building on a record-breaking close of 32,612.93 from the previous Friday.
The stability of the American financial system was rocked on Monday as the Department of Justice officially opened a criminal investigation into Federal Reserve Chair Jerome Powell. The move, which follows months of escalating tension between the central bank and the executive branch, has sent shockwaves through global markets, raising
The global financial landscape was thrown into a state of unprecedented chaos this week as the Federal Reserve, long considered the bedrock of economic stability, found itself at the center of a historic legal and political firestorm. On Sunday, January 11, 2026, Federal Reserve Chair Jerome Powell released a somber
