Ray Dalio says the Fed faces a tough balancing act as the economy faces ‘enormous amount of debt’

Key Points

As the U.S. Federal Reserve implemented its first interest rate cut since the early Covid pandemic, billionaire investor Ray Dalio flagged that the U.S. economy still faces an “enormous amount of debt.”
“The challenge of the Federal Reserve is to keep interest rates high enough that they’re good for the creditor, while keeping them not so high that they’re problematic for the debtor,” the founder of Bridgewater Associates told CNBC’s “Squawk Box Asia.”

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Finance

Alibaba-backed PixVerse launches real-time AI video tool, as Chinese rivals race past OpenAI on speed and cost

January 13, 2026

Key Points PixVerse co-founder Jaden Xie spoke with CNBC in an exclusive interview about financing and AI slop. The company released a new AI model for generating video in real time. Xie predicts the interactive tech can transform how people watch shows and play video games. Source

Finance

Stocks making the biggest moves premarket: L3Harris, JPMorgan, Delta, Intel, AMD and more

January 13, 2026

Check out the companies making headlines before the bell: JPMorgan Chase — The banking giant rose around 1% on fourth-quarter figures that beat analyst expectations. JPMorgan earned $5.23 per share, excluding items, on revenue of $46.77 billion. Analysts polled by LSEG expected a profit of $5 on revenue of $46.2 billion. JPMorgan’s beats were driven […]

Finance

JPMorgan Chase is set to report fourth-quarter earnings – here’s what the Street expects

January 13, 2026

Key Points JPMorgan Chase reports fourth-quarter earnings before the market open Tuesday. Wall Street expects earnings of $5 a share and revenue of $46.2 billion, according to LSEG. JPM executives will host a call with analysts at 8:30 a.m. ET. Source