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Yellen says Powell probe ‘extremely chilling’ for Fed independence, market should be concerned

Former Fed Chair Janet Yellen spoke Monday to CNBC about a Department of Justice investigation into current Chair Jerome Powell.

Published 13 January 2026
Categorised as Finance News

Trump’s credit card rate cap plan has unclear path, ‘devastating’ risks, bank insiders say

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.

Published 13 January 2026
Categorised as Finance News

Donald Trump’s ‘intimidation’ of Powell tests Fed credibility, risking investor exit from U.S. assets

Investors could reassess U.S. assets as Powell probe reignites fears over central bank’s independence from the White House.

Published 13 January 2026
Categorised as Finance News

Republican Sen. Thom Tillis vows to block Trump’s Fed nominees following Powell probe

Trump will face an important obstacle — from within his own party — as he seeks to replace Federal Reserve Chair Jerome Powell.

Published 12 January 2026
Categorised as Finance News

Stocks making the biggest moves premarket: Capital One, Affirm, Walmart, Akamai, Sun Country & more

These are the stocks posting the largest moves before the bell.

Published 12 January 2026
Categorised as Finance News

JPMorgan’s looming question: What happens when CEO Jamie Dimon leaves?

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.

Published 12 January 2026
Categorised as Finance News

China’s AI and robotics push isn’t enough to kickstart its economy, leaving growth more exposed to trade risks

New tech sectors still account for a far smaller portion of China’s economy than the gap left by the real estate slump.

Published 12 January 2026
Categorised as Finance News

Lawmakers are preparing to try again on major crypto bill. Why it matters and what happens next

Some lawmakers will meet on Thursday to discuss and edit draft legislation on crypto market structure, with the aim of passing a comprehensive law this year.

Published 12 January 2026
Categorised as Finance News

Where stock analysts predict China’s consumers will spend in 2026

Beneath China’s flat consumer prices, trends are emerging in the experiences economy.

Published 12 January 2026
Categorised as Finance News

How BlackRock, world’s largest asset manager, is fine-tuning market portfolios for 2026

Investing giant BlackRock expects bull market in AI stocks to extend in 2026, but says investors should focus on targeted bets and turning cash into income.

Published 11 January 2026
Categorised as Finance News

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