AI leadership and cloud power aren’t enough to stop the sell-off. Microsoft’s stock dropped sharply to an 8-month low even after posting solid fiscal second-quarter results, as investors reacted to slowing consumer growth and ongoing AI-related capital expenditures. The tech giant remains a leader in AI after its early investment …

Warsh Seen as Strong Fit for Federal Reserve LeadershipFederal Reserve Governor Stephen Miran voiced strong support for Kevin Warsh, describing him as an excellent choice for a leadership role at the central bank. Miran said he is enthusiastic about the work Warsh is expected to deliver and expressed confidence in …

White House Pushes Forward as Jerome Powell Era Nears Its EndPresident Donald Trump has signaled a decisive move toward reshaping Federal Reserve leadership, with the White House openly backing Kevin Warsh as its preferred choice to succeed Jerome Powell. The message from the administration is clear: it wants a swift …

Oil prices slipped slightly in early trading, with US crude hovering near $64 a barrel after several days of gains. Despite the modest decline, prices remain firmly higher over the month, reflecting strong underlying support. Middle East Tensions Keep Risk Premium Alive Heightened tensions between the United States and Iran …

Emergency Accord Keeps Government Open: US President Donald Trump and Senate Democrats have reached a tentative agreement to avoid a US government shutdown, easing immediate political and economic pressure as a critical funding deadline nears.Short-Term Funding, Longer Battles AheadThe plan would fast-track five full-year appropriations bills while funding the Department …

The US administration is moving closer to announcing a new chair for the Federal Reserve, signaling a potentially significant shift in monetary policy at a sensitive moment for the American economy. President Donald Trump said he plans to unveil his choice to replace current Fed Chair Jerome Powell, a decision …

Shares of Microsoft tumbled dramatically after the company revealed a surge in spending on data centers and AI infrastructure. The stock fell more than 12% intraday and closed nearly 10% lower, erasing roughly $430 billion in market value. This marks the second-largest single-day market capitalization loss ever for a U.S. …

Trade Tensions Escalate Between US and CanadaUS President Donald Trump has threatened to impose a steep 50% tariff on all aircraft imports from Canada, accusing Ottawa of unfairly blocking certification of Gulfstream business jets. Trump said the decision to “decertify” Canadian-made aircraft will stand until Gulfstream, an American company, is …

US Court Affirms Dismissal of Ripple Securities CaseA federal appeals court has upheld the dismissal of a class action accusing Ripple Labs of selling its XRP cryptocurrency as unregistered securities, effectively ending the long-running legal battle.The lawsuit, originally filed in 2018, alleged that Ripple violated US securities laws by selling …

On January 29, 2026, the precious metals market delivered one of its most extreme days in recent memory. Gold surged toward an astonishing new peak near $5,600 per ounce in early trading, while silver blasted past $120 for the first time ever. Yet, within hours, both metals staged a sharp …