JPM stock closed down 1.4% on Monday after Trump said he was considering a credit card interest rate cap following a surge in these rates over the past several years.
WASHINGTON D.C. — The global financial order was pushed to the brink this morning, January 12, 2026, as the U.S. dollar plummeted following an unprecedented legal assault by the Department of Justice against the Federal Reserve. The greenback, already weakened by a year of fiscal uncertainty, fell sharply in
As the first major reporting cycle of 2026 begins, the financial world is turning its collective gaze toward the titans of Wall Street. This week marks the start of the fourth-quarter earnings season for 2025, a period that analysts believe will serve as a definitive litmus test for the resilience
On January 12, 2026, Caterpillar Inc. (NYSE: CAT) solidified its position as the undisputed titan of the industrial sector, with its stock price surging to a fresh all-time record of $627.75. The rally was ignited by a bullish research note from Citigroup, which raised its price target for the
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
As of January 12, 2026, the traditional boundaries between the U.S. executive branch and the Federal Reserve have effectively dissolved, sparking a historic standoff that has left investors grappling with the future of American monetary independence. Following a dramatic Sunday evening video statement from Fed Chair Jerome Powell, in
February WTI crude oil (CLG26 ) on Monday closed up +0.38 (+0.64%), and February RBOB gasoline (RBG26 ) closed up +0.0132 (+0.74%). Crude oil and gasoline prices settled higher on Monday, with crude posting a 5-week high. Monday's dollar weakness (D...
NEW YORK — Shares of Synchrony Financial (NYSE: SYF) plummeted more than 8% on Monday as investors reacted with alarm to a weekend proposal from President-elect Donald Trump to institute a temporary 10% cap on credit card interest rates. The announcement, which sent shockwaves through the consumer finance sector, has ignited
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.
March NY world sugar #11 (SBH26 ) on Monday closed down -0.05 (-0.34%). March London ICE white sugar #5 (SWH26 ) closed down -2.50 (-0.59%). Sugar prices settled lower on Monday amid signs of a larger global sugar surplus. Covrig Analytics on Monda...
March ICE NY cocoa (CCH26 ) on Monday closed up +98 (+1.83%). March ICE London cocoa #7 (CAH26 ) closed up +24 (+0.61%). Cocoa prices recovered from 6-week lows on Monday and settled higher after dollar weakness (DXY00 ) spurred short covering in co...
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
As the fourth-quarter earnings season for 2025 kicks off this week, the traditional celebration of corporate profitability has been replaced by a sense of profound unease across Wall Street. While the nation’s largest financial institutions—led by JPMorgan Chase (NYSE:JPM) and Bank of America (NYSE:BAC)—were expected
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’
March NY world sugar #11 (SBH26 ) today is down -0.08 (-0.54%). March London ICE white sugar #5 (SWH26 ) is down -3.40 (-0.80%). Sugar prices are under pressure today on signs of a larger global sugar surplus. Covrig Analytics today raised its 2025...
March ICE NY cocoa (CCH26 ) today is up +91 (+1.70%). March ICE London cocoa #7 (CAH26 ) is up +25 (+0.64%). Cocoa prices recovered from 6-week lows today, turning higher after dollar weakness (DXY00 ) spurred short covering in cocoa futures. Cocoa...
February WTI crude oil (CLG26 ) today is up +0.21 (+0.36%), and February RBOB gasoline (RBG26 ) is up +0.0147 (+0.83%). Crude oil and gasoline prices are moving higher today, with crude posting a 5-week high. Today's dollar weakness is bullish for e...
In a move that has sent ripples through the software sector, Citigroup has officially upgraded Palantir Technologies (NYSE: PLTR) from "Neutral" to "Buy/High-Risk," signaling a major shift in institutional sentiment toward the data analytics giant. The upgrade, issued on January 12, 2026, comes with a significant price target hike
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
In a historic session that has sent shockwaves through global financial centers, gold prices surged to an all-time record high of $4,612.70 per ounce on January 12, 2026. The move marks a definitive "flight to safety" as investors panic-sell equities in response to a burgeoning constitutional crisis involving
