President Donald Trump welcomed inflation figures released ?on Tuesday, ?using the U.S. consumer ?price data ?to ?reiterate his push ?for Federal ?Reserve chair Jerome Powell to ?cut ?interest ?rates "meaningfully."
Canada's December Labour Force Survey posted a net 8,000 gain in jobs following six months of double-digit swings, said Bank of Montreal. The softer increase in jobs was coupled with an uptick in labor force participation, driving the jobless rate three tenths higher to 6.8%. Looking through the monthly volatility, the labor market had a 'so-so' year, noted the bank.
The global economy is proving more resilient than expected, with 2026 GDP growth expected to improve slightly over forecasts from last June, the World Bank said on Tuesday while warning that growth is too concentrated in advanced countries and overall too weak to reduce extreme poverty.
The global economy is proving more resilient than expected, with 2026 GDP growth expected to improve slightly over forecasts from last June, the World Bank said on Tuesday while warning that growth is too concentrated in advanced countries and overall too weak ?to reduce extreme poverty.
Inflation may not subside quickly enough for Federal Reserve Chair Jerome Powell ?to deliver another interest-rate cut before his term ends in May, with the Bureau ?of Labor Statistics reporting consumer prices rose 2.7% in December ?from a year earlier, in line ?with economists' expectations and ?well above the Fed's target.
Performance Shipping Inc. (PSHG), a global shipping company specializing in the ownership of tanker vessels, announced that it has successfully placed a USD 50 million tap issue in its outstanding senior secured bond due July 17, 2029, with ISIN: NO0013607028, paying a fixed coupon of 9.875% per annum, payable semi-annually in arrears.
Editor?s note: This article was updated to add more detail and context. 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.
Euro zone government bond yields edged higher on Tuesday, reversing Monday's drop, as central bank chiefs lined up in support of Federal Reserve Chair Jerome Powell after the Trump administration threatened him with a criminal prosecution. Easing some concerns around the Fed's independence, the Trump ?administration's move was also criticised by key members of the president's Republican Party.
Brazil ran a $2.9 billion trade surplus with Iran last year, government data shows, making the South American nation a ?potential candidate for new U.S. tariffs.
Lebanese prosecutors have indicted former central bank governor Riad Salameh and two lawyers on charges including embezzlement of public funds, forgery and illicit enrichment, judicial authorities said on Tuesday.
The U.S. Consumer Price Index came in roughly in line with expectations as market participants largely expects the Fed to leave interest rates unchanged at the January meeting.
Visa forecasts structural economic transformation driven by AI adoption, supply chain rewiring and accelerating business investment that supports stable 2.7% global growth SAN FRANCISCO---- Visa, a global leader in digital payments, today released its Global Economic Outlook for 2026, revealing that while headline growth appears steady at 2.7%, the global economy is undergoing fundamental trans...
Circle Internet Group, Inc. (CRCL), one of the world?s leading internet financial platform companies, today released a flagship report that charts the formation of a new global economic architecture: ?Beyond Stablecoins: The Rise of the Internet Financial System. This press release features multimedia.
U.S. consumer prices increased in December, data showed on Tuesday, as the distortions related to the government shutdown that had artificially lowered inflation in the November unwound, cementing expectations the Federal Reserve would leave interest rates unchanged this month. The Consumer Price Index rose 0.3% last month, the Labor Department's Bureau of Labor Statistics said on Tuesday.
VAUGHAN, ON, Jan. 13, 2026 GFL Environmental Inc. (GFL) today announced that it is planning to commence, subject to market and other conditions, a private offering of US$1 billion in aggregate principal amount of senior notes due 2034.
Jerome Powell, head of the U.S. Federal Reserve, said on Sunday the Justice Department has opened a criminal investigation against him for allegedly misleading Congress about a building renovation project at the central bank's headquarters.
Inflation may not subside quickly enough for Federal Reserve Chair Jerome Powell to deliver another interest-rate cut before his term ends in May, with the Bureau of Labor Statistics ?reporting consumer prices rose 2.7% in December from a year earlier, in ?line with economists' expectations and well above the Fed's ?target.
The US seasonally adjusted consumer price index, a measure of inflation, rose by 0.3% in December, right on expectations in a survey compiled by Bloomberg, according to data released Tuesday by the Bureau of Labor Statistics. November percent changes are unavailable due to missing data in October resulting from the federal government shutdown.
Traders on Tuesday boosted bets the Federal Reserve may ?not wait until Fed ?Chair Jerome Powell's term ?ends in ?May before ?cutting interest rates again, ?after ?the Bureau of Labor Statistics reported underlying ?consumer ?prices rose ?a bit less than expected last month.
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.
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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