A Venezuelan living in Colombia waves a Venezuelan flag and a U.S. flag at Plaza de Bolivar to celebrate after U.S. President Donald Trump said the U.S. has struck Venezuela and captured its President Nicolás Maduro and his wife Cilia Flores, in Bogota, Colombia, Jan. 3, 2026. Andres Galeano | Reuters Venezuela’s stock market has…
Pedestrians crossing street at night in Hong Kong, China Nathan Road Nikada | E+ | Getty Images Asia-Pacific markets opened higher on Tuesday as traders shrugged off geopolitical flashpoints in Iran and Venezuela, as well as a criminal investigation into the U.S. Federal Reserve Chair Jerome Powell. Japan’s benchmark Nikkei 225 jumped 3.4% to lead…
Sen. Mark Kelly on Monday sued the Pentagon and Secretary of Defense Pete Hegseth, alleging the Trump administration’s efforts to punish the Arizona Democrat for his participation in a video to U.S. troops violate the Constitution. The federal civil lawsuit in U.S. District Court in Washington was filed one week after Hegseth said his department…
(L-R) Wells Fargo CEO and President Charles Scharf, Brian Bank of America Chairman and CEO Thomas Moynihan, JPMorgan Chase Chairman and CEO Jamie Dimon, Citigroup CEO Jane Fraser, State Street CEO Ronald OÕHanley, BNY Mellon CEO Robin Vince, Goldman Sachs CEO David Solomon and Morgan Stanley CEO James Gorman, testify during a Wall Street oversight…
Some retailers provided early holiday results on Monday that showed the crucial shopping season was solid, but didn’t blow away expectations. Lululemon, which is preparing for a new CEO and staring down a proxy battle with its founder, said in a release it expects its holiday quarter to be “toward the high end” of its…
Jersey Mike’s Subs is taking its signature sandwiches overseas with its first European expansion set for this year, the company said Monday. Leading the push is the brand’s founder and board chair, Peter Cancro, via his company, JM Submarines UK LTD. The deal between Jersey Mike’s and Cancro’s entity calls for 400 stores to be…
Banks and financial services stocks slid Monday after U.S. President Donald Trump called for a one-year cap on credit card interest rates at 10%. Citi Group lost almost 4% in premarket trading and JPMorgan Chase was down 3%. Bank of America fell 2.45%, Visa declined 1.58%, and Mastercard was 2% in the red. Broader finance names…
One kilogram gold bars stacked at the Perth Mint Refinery, operated by Gold Corp. Matt Jelonek | Bloomberg | Getty Images Gold hit a fresh record high on Monday, extending a blistering rally as investors piled into havens amid a swirl of geopolitical and policy shocks in recent days. Spot gold advanced 2% to hit…
Lights on in skyscrapers and commercial buildings on the skyline of the City of London, UK, on Tuesday, Nov. 18, 2025. U.K. business chiefs urged Chancellor of the Exchequer Rachel Reeves to ease energy costs and avoid raising the tax burden on corporate Britain as she prepares this year’s budget. Bloomberg | Bloomberg | Getty Images LONDON…
US Federal Reserve Board Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, on Dec. 10, 2025. Saul Loeb | AFP | Getty Images Federal prosecutors have opened a criminal investigation of Federal Reserve Chairman Jerome Powell, he confirmed on Sunday evening. Powell said the…
