Month: January 2026
SK Hynix to invest $13 billion in new plant amid memory chip shortage
A visitor takes a picture of a model of SK hynix’s high-bandwidth memory (HBM) technology during the 2025 World IT Show in Seoul on April 24, 2025. Jung Yeon-je | Afp | Getty Images South Korea-based memory maker SK Hynix announced Tuesday it will invest 19 trillion Korean won ($12.9 billion) to build a new […]
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CNBC Daily Open: Powell probe rattles Washington, but Wall Street shrugs
Screens broadcasts a press conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate cut announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Oct. 29, 2025. Brendan McDermid | Reuters Opposition to the Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell is gaining […]
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Trump says Microsoft will make changes to ensure consumers don’t pay for power used in AI buildout
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Saturday, Dec. 13, 2025. Trump said there will be “serious retaliation” after two US Army soldiers and an interpreter were killed in Syria on Saturday, and three other […]
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Japan’s Nikkei 225 jumps over 3% as expectations that ruling party will opt for a snap vote rise
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 […]
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Stock futures are little changed ahead of consumer inflation report, bank earnings: Live updates
A trader works on the floor of the New York Stock Exchange (NYSE) in New York on January 12, 2026. Angela Weiss | Afp | Getty Images Stock futures were near flat Monday night as investors awaited the release of consumer inflation data and key bank earnings results. Futures tied to the Dow Jones Industrial […]
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Trump says any country doing business with Iran will face 25% U.S. tariff
U.S. President Donald Trump takes questions from reporters, as he attends a meeting with oil industry executives, at the White House in Washington, D.C., U.S., Jan. 9, 2026. Kevin Lamarque | Reuters President Donald Trump on Monday said any country doing business with Iran will face a 25% tariff “on any and all business being […]
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Airbus keeps No.1 planemaker spot but raises new concern on engine supplies
Airbus deliveries rose 4% last year to reach 793 aircraft, the European planemaker said on Monday, leaving it on course to remain the world’s largest planemaker despite recent industrial snags and a new question mark over engine supplies. Airbus warned of a “continued complex and dynamic operating environment” as it posted deliveries edging past its […]
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OpenAI acquires health-care technology startup Torch
OpenAI has acquired the health-care technology startup Torch, the company announced on Monday. Torch was building a “unified medical memory” for artificial intelligence that aimed to bring a patient’s health data, which is typically siloed and stored across a number of different vendors and formats, into one place. Torch’s employees will join OpenAI as part […]
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Elizabeth Warren fears workers will ‘lose big’ with 401(k) crypto, presses SEC chair Atkins for answers
Senator Elizabeth Warren has written directly to Securities and Exchange Commission Chair Paul Atkins asking him to explain how the SEC plans to serve its mission of investor protection as it seeks to support President Trump’s order to make cryptocurrency investments available in retirement plans. President Trump signed an executive order in August clearing a […]
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Trump targets credit card rates. What’s at stake for Capital One and other banks
Capital One shares dropped more than 6% on Monday after President Donald Trump targeted a key way that our favorite credit card issuer makes money. The weakness in Capital One followed Trump’s call for a one-year, 10% cap on credit card rates to take effect on Jan. 20. In his Truth Social post late Friday […]
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