U.S. stock index futures pared declines on Tuesday after core consumer prices for December came ?in cooler than expected. A Labor Department ?report showed that the Consumer ?Price Index rose 0.3% ?on a ?monthly basis in December versus a ?0.3% increase forecast ?by economists polled by Reuters.
U.S. consumer prices increased in December, lifted by higher costs for rents and food as some of the distortions related to the government shutdown that had artificially lowered inflation in November unwound, cementing expectations the Federal Reserve would leave interest rates unchanged this month.
Inflation held steady in December, with fresh data showing price pressures remained firm above the Fed?s 2% target but failed to accelerate into year-end. The Consumer Price Index rose 2.7% year over year in December, according to data released Tuesday by the Bureau of Labor Statistics. On a monthly basis, consumer prices increased 0.3%, also in line with forecasts.
* Consumer Price Index increases 0.3% in December. * Food, rents were the main drivers of consumer inflation. * Underlying inflation rises a moderate 0.2% By Lucia Mutikani.
CEOs from top Wall Street banks JPMorgan Chase (JPM) and BNY voiced support for the independence of the U.S. Federal Reserve on Tuesday, days after the Trump administration opened a criminal investigation into Fed Chair Jerome Powell. The administration's investigation into Powell drew condemnation from former Fed ?chiefs and criticism from key members of the Republican Party this week.
DeFi Development Corp. (DFDV), the first public company with a treasury strategy built to accumulate and compound Solana, today announced that it has partnered with Solstice to deploy a portion of its onchain treasury through Solstice?s institutional-grade YieldVault.
via IBN ? Beeline Holdings, Inc. (BLNE), a digital mortgage lender offering conventional mortgage products and alternative mortgage solutions for borrowers who do not meet traditional underwriting standards, alongside home equity products leveraging blockchain-enabled technology, commends President Trump's announcement that Freddie Mac and Fannie Mae will purchase $200 billion in mortgage-backed secur...
JPMorgan Chase CEO Jamie Dimon ?said on ?Tuesday he ?was supportive ?of ?the Federal ?Reserve's independence. "Everyone ?we know believes ?in ?Fed ?independence," Dimon said in a call ?with reporters, adding he has "great ?respect" ?for Chair Jerome Powell.
The Bank of Korea is expected to stay on hold for a fifth straight meeting on Thursday at a base rate of 2.5%, said Scotiabank. In late December, the BoK and South Korea's ministry of economy and finance issued a joint statement addressing the weakness of the won and outlined measures to stabilize the foreign-exchange market, noted the bank.
JPMorgan Chase (JPM) believes that a proposed cap on credit card interest rates will adversely impact ?U.S. consumers and the economy, ?Chief Financial Officer Jeremy Barnum told ?reporters on a ?call ?on Tuesday. U.S. President Donald Trump on ?Friday proposed ?a one-year cap on credit card interest rates at ?10% starting ?January ?20, hitting banking stocks on Monday.
ROSELAND, N.J., Jan. 13, 2026 ?For the four weeks ending December 20, 2025, U.S. private employers added an average of 11,750 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP National Employment Report. The pace of job gains edged up from the prior week. The NER Pulse is an estimate of the week-over-week change in employment based on a four-week moving average.
* Powell threatened with indictment over renovation of Fed HQ. * Statement in support of Fed chief signed by 11 peers. * Heads of ECB, Bank of England and Bank of Canada among signatories. * Trump has been pressuring Fed to lower interest rates. By Balazs Koranyi and Francesco Canepa.
Constellation Energy Generation, LLC, a Pennsylvania limited liability company, announced today the expiration and final results of the previously announced private offers to exchange any and all of the outstanding 4.625% Senior Unsecured Notes due 2029, 5.000% Senior Unsecured Notes due 2031 and 3.750% Senior Secured Notes issued by Calpine Corporation, a Delaware corporation, held by eligible...
Indian headline inflation edged up less than estimated to 1.33% in December from 0.71%, which technically leaves scope for one more Reserve Bank of India rate cut, said Societe Generale.
* Stocks rise even with multiple geopolitical risks. * Yen slide helps dollar steady as Fed concerns linger. * Gold rally pauses near $4,600, oil up on Iran troubles. * Earnings season kicks off with big US banks. * US consumer inflation data due later. By Amanda Cooper.
The US dollar fell against its major trading partners early Tuesday, except for a gain versus the yen, ahead of the release of consumer price index data for December at 8:30 am ET, followed by weekly Redbook same-store sales at 8:55 am ET and new-home sales for October at 10:00 am ET.
US equity futures were pointing lower on Tuesday as traders await a key inflation report and corporate results from a few major companies. The S&P 500 declined 0.2%, the Dow Jones Industrial Average edged down 0.1% and the Nasdaq was off 0.3% in premarket activity. The consumer price index report for December is scheduled for an 8:30 am ET release.
A new all-in-one gas detection device and advanced connected safety platform for the data-driven worksite. Blackline Safety Corp. (BLKLF), a global leader in connected safety technology, today announced G8, the next evolution of worksite safety and the most connected wearable the company has ever built. This press release features multimedia.
Jan 13 - ?. What matters in U.S. and global markets today. By Mike Dolan, Editor-At-Large, Finance and Markets. The market's relatively modest reaction to new threats to?Federal Reserve independence?this week owes much to the torrent of additional information hitting investors.
By Mike Dolan. Jan 13 - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets The market's relatively modest reaction to new threats to Federal Reserve independence this week owes much to the torrent of additional information hitting investors.
The pound held onto its gains from the previous day against both the dollar and the euro on Tuesday, with the currency having been a somewhat surprising beneficiary of global geopolitical turmoil. Sterling was last flat on the dollar at $1.3471 ?having gained 0.47% on Monday as the U.S. currency took a hit from investor concerns about the independence ?of the Federal Reserve.
* Delta sees 20% earnings growth in 2026. * Airline doubles down on premium strategy. * Delta orders Boeing (BA) 787-10s to diversify its widebody fleet. By Rajesh Kumar Singh.
Wall Street futures pointed modestly lower pre-bell Tuesday as traders awaited the latest national inflation report, and the start of the earnings season. Financial giants JP Morgan Chase and Bank of New York Mellon report quarterly financials pre-bell, along with Delta Air Lines, among others.
* Central bank independence crucial for sound economic management, experts say. * Former Fed chairs and officials criticize Trump's actions against Powell. * Powell's bipartisan support may help him withstand Trump's pressure. By Howard Schneider.
After years of berating Federal Reserve Chair Jerome Powell, President Donald Trump's administration may have hit a tripwire in launching a criminal probe of the 72-year-old former investment banker, with Republican lawmakers and former top policymakers rallying to Powell's side and markets hinting at potential blowback if the president undermines the independence of the world's most important ...
Putting political pressure on monetary policy increases inflation and ?erodes financial stability, European ?Central Bank policymaker ?Martin Kocher said on ?Tuesday, ?without naming U.S. President ?Donald Trump ?who is pressuring the Federal Reserve. "Central ?bank independence ?is ?not an abstract institutional principle.
Japanese investors were net sellers of foreign debt in December with U.S. Treasury yields rising, and also sold foreign equities as elevated stock valuations prompted profit-taking. According to ?Japan's Ministry of Finance data, local investors sold a net 374.2 ?billion yen in foreign long-term bonds last month, ?partly reversing the prior month's net 718.9 ?billion yen ?investment.
France is deeply attached to the independence ?of central banks, ?French Finance Minister Roland ?Lescure told ?Fed ?Chair Jerome Powell and ?U.S. ?Treasury Secretary Scott Bessent, he said ?on ?Tuesday.
The chiefs of many of the world's major central banks issued a joint ?statement in support of Federal ?Reserve chair Jerome Powell on ?Tuesday after the Trump ?administration ?threatened him with a criminal indictment.
* Stocks rise even with multiple geopolitical risks. * Yen slide helps dollar steady as Fed concerns linger. * Gold rally pauses near $4,600, oil up on Iran troubles. * Earnings season kicks off with big U.S. banks. * US consumer inflation data due later. By Amanda Cooper.
* Takaichi reportedly may dissolve lower house, call snap election. * Yen slides broadly, hits record low against euro, Swiss franc. * Dollar under pressure as markets fret about Fed independence. * US CPI data could shape short term moves. By Rae Wee and Alun John.
The chiefs of many of the world's major central banks issued a joint ?statement in support of Federal Reserve ?chair Jerome Powell on ?Tuesday after the Trump administration ?threatened ?him with a criminal indictment.
Global central bank chiefs and top Wall Street bank CEOs lined up in support of Federal Reserve Chair Jerome Powell on Tuesday after the Trump administration threatened him with a criminal indictment, evidence of the relationships Powell has built during his years at the Fed and of the importance of the U.S. central bank to global financial markets.
Global central bank officials are planning to release a coordinated statement of support for U.S. Federal Reserve Chair Jerome Powell on Tuesday after the Trump administration ?threatened him with a criminal indictment, two sources said.
Global central bank officials are working on a statement to express support for Federal Reserve Chair Jerome Powell after the Trump administration opened a ?criminal investigation into him, Bloomberg News reported on Tuesday, ?citing a person familiar with the matter.
Global central bank officials are working on a statement to ?express support for Federal ?Reserve Chair Jerome Powell after ?the Trump administration ?opened ?a criminal investigation into him, ?Bloomberg News ?reported on Tuesday, citing a person familiar ?with the ?matter.
The Trump administration plans to replace the U.S. ambassador to Vietnam with a nominee set on addressing "imbalanced" trade relations, as Hanoi's goods trade surplus with Washington surpassed China's in recent quarters while it was locked in unresolved tariff negotiations with Washington.
ARK Invest CEO Cathie Wood is calling for an economic ?Goldilocks? scenario in 2026, forecasting real GDP growth surging toward 5%, accompanied by falling inflation?and potentially outright deflation?driven by an AI-led productivity boom.
German Chancellor Friedrich Merz expressed concern on Tuesday about how strong ?the political influence on central banks ?around the world is becoming, ?saying that it ?was paramount ?that they are allowed to operate ?independently.
By hook or by crook, U.S. President Donald Trump seems intent on cutting the cost of credit further - potentially stoking GDP growth already north of 4% and underscoring concerns about overheating the economy.
U.S. consumer prices likely accelerated in December as some of the distortions related to the government shutdown that had artificially lowered inflation in November unwound, which would cement expectations of the Federal Reserve leaving interest rates unchanged this month.
U.S. consumer prices likely accelerated in December as some of the distortions related to the government shutdown that had artificially lowered inflation in November unwound, which would cement expectations of the Federal Reserve leaving interest rates unchanged this month.
* Dollar on the back foot as worries about Fed independence weigh. * Trump administration probe of Fed's Powell sparks pushback. * Yen falls to one-year low as markets weigh outcome of potential snap election in Japan. By Rae Wee.
Federal Reserve ?Bank of New York ?President John Williams ?said on ?Monday ?that the central bank ?does not ?face any near-term pressure ?to change ?the ?stance of monetary policy. Monetary policy is "in a ?good place," Williams told reporters.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
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