DOJ drops Powell probe

Welcome to The Hill’s Business & Economy newsletter {Beacon} Business & Economy Business & Economy The Big Story DOJ ends Fed renewals, Powell probes The Department of Justice (DOJ) announced Friday that it is closing its criminal investigation into Federal Reserve Chairman Jerome Powell and his handling of renewals at the central bank. © AP…

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Nikkei 225, Kospi, Hang Seng Index

A screen displays Nikkei 225 Stock Average inside the Kabuto One building in Tokyo, Japan, on Monday, Feb. 9, 2026. Japanese stocks surged to fresh record highs, while bonds dropped, after Prime Minister Sanae Takaichi’s Liberal Democratic Party secured a landslide victory. Photographer: Kiyoshi Ota/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Asia-Pacific markets…

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China’s AI wearables market is already booming

China’s artificial intelligence device market is already booming, and in the advanced technology race against the U.S., the country’s expertise in hardware could give it an edge. “The advantage comes from the fundamental root that China is a nation of manufacturing,” Dr. Kai-Fu Lee, CEO of 01.AI and chairman of Sinovation Ventures, told CNBC. “Today,…

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