‘Down to maybe one, in my mind’
President Donald Trump said Wednesday he is nearing the end of a search to replace Federal Reserve Chair Jerome Powell and hinted he has his candidate in mind. In a CNBC interview at the World Economic Forum in Davos, Switzerland, the president said a search that began in September and Continue Reading
Trump says inflation was ‘defeated.’ Some economists disagree
In the war on affordability, President Donald Trump has claimed victory over inflation. Trump said during a speech Wednesday in Davos, Switzerland, that he had “defeated” inflation and reined in consumer prices over the past year. In an address to world leaders and others at the World Economic Forum, Trump said Continue Reading
‘I don’t like what I’m seeing’
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, DC, US, on Thursday, Oct. 16, 2025. Samuel Corum | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon said Wednesday that he disagreed with President Donald Trump’s approach to immigration, Continue Reading
Trump says Greenland framework with NATO involves mineral rights for U.S.
President Donald Trump said Wednesday that the framework he reached with NATO on Greenland involves access to mineral rights for the U.S. and its European allies as well as collaboration on the Golden Dome. “They’re going to be involved in the Golden Dome, and they’re going to be involved in Continue Reading
Netflix’s advertising strategy is starting to pay off
A drone view shows Netflix logos on buildings in the Hollywood neighborhood in Los Angeles, California, U.S., Jan. 20, 2026. Daniel Cole | Reuters Netflix jumped into the advertising business later than its media peers, but its strategy shift is starting to pay off. This week Netflix reported its fourth-quarter Continue Reading
Trump floats idea to change home depreciation rules
President Donald Trump speaks during the 56th annual World Economic Forum, in Davos, Switzerland, Jan. 21, 2026. Jonathan Ernst | Reuters President Donald Trump on Wednesday floated the idea of allowing depreciation — a yearly income tax deduction to recover certain property costs over a set period of time — Continue Reading
Trump urges Congress to enact 10% credit card interest rate cap
President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his social media post this month ordering banks to voluntarily lower their rates. “I’m asking Congress to cap credit card interest rates at 10% for one year, and this will help Continue Reading
Amazon launches AI health-care tool for One Medical members
Dr. Stephanie Long (right), MD, of One Medical Group takes the blood pressure of Danielle Greene (left), who is 20 weeks pregnant, during a prenatal appointment on Thursday, February 4, 2016 in San Francisco, Calif. Lea Suzuki | San Francisco Chronicle | Getty Images Amazon on Wednesday rolled out an Continue Reading
Pending home sales drop sharply in December
An “Open House” sign outside a home in Palm Beach Gardens, Florida, US, on Sunday, Jan. 11, 2026. Zak Bennett | Bloomberg | Getty Images Stagnant mortgage rates, falling housing supply and ongoing economic uncertainty weighed heavily on homebuyers in December. Pending home sales, a measure of signed contracts on Continue Reading