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Markets, lawmakers scramble amid DOJ inquiry into Fed
- Processing Content The Trump administration's threat of criminal charges against Federal Reserve Chair Jerome Powell sent shock waves across Washington and financial markets Monday, with watchers weighing the implications for the economy and the central bank's independence. But some observers note that the move could backfire on President Donald Trump's housing affordability agenda and complicate the swift ...

Source: americanbanker.com
US   POLITICS  
Klarna CEO backs Trump's 10% credit card cap, criticizing rewards as built on poorer borrowers' debt
- Klarna CEO Sebastian Siemiatkowski has expressed support for President Donald Trump's call to cap US credit card interest rates at 10% for one year. "I think Trump is wise here and is proposing something that makes a lot of sense," Siemiatkowski told CNBC on Monday. Siemiatkowski said traditional credit cards are designed to push consumers to put most or all of their spending on credit and carry large balances at ...

Source: businessinsider.com
US  
2026: The year AI ROI gets real
- After years of AI experiments and pilots that have largely failed to scale, CIOs are feeling the heat to deliver measurable value on AI investments. Here are some of the strategic adjustments they're making to get it done. AI initiatives by and large have fallen short of expectations. That's the conclusion of most research to date, including MIT's The GenAI Divide: State of AI in Business 2025 , which found a ...

Source: cio.com
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BBC seeks to have Trump's $10 billion lawsuit dismissed
- The BBC will file a motion to dismiss President Donald Trump's $10 billion lawsuit over its editing of a speech that made it appear he had directed supporters to storm the U.S. Capitol. In a filing late on Monday, the British broadcaster argued that the court in Florida lacked personal jurisdiction in the case because it did not broadcast the programme in Florida, and that the president could not prove damages ...

Source: nbcnews.com
US  
Doctor appears in court accused of killing ex-wife and her dentist husband | World News
- Vascular surgeon Michael David McKee, 39 and from Chicago, now faces upgraded charges of premeditated aggravated murder in the deaths of his ex-wife, Monique Tepe, and her husband, Spencer Tepe, in Columbus, Ohio. A man accused of killing his ex-wife and her husband in Ohio is now facing upgraded murder charges as authorities prepare to transfer him from Illinois to face prosecution. Michael David McKee, 39, has ...

Source: news.sky.com
US   POLITICS  
Minnesota, Illinois sue Trump admin. over immigration crackdown
- Jan. 13 (UPI) -- Minnesota and Illinois are suing the Trump administration over its immigration crackdown, asking the courts to halt the surge of immigration law enforcement into the Democratic-led states. Both lawsuits were filed Monday amid growing criticism of the Trump administration's deployment of Immigration and Customs Enforcement agents following the shooting death of Renee Nicole Good, a 37-year-old ...

Source: upi.com
US   POLITICS  
Judge is asked for emergency hearing after Congress members blocked from ICE facility in Minneapolis
- WASHINGTON (AP) — The Trump administration secretly reimposed a policy limiting Congress members' access to immigration detention facilities a day after a federal immigration officer fatally shot a woman in Minneapolis, attorneys for several congressional Democrats said Monday in asking a federal judge to intervene. Three Democratic members of Congress from Minnesota were blocked from visiting an Immigration ...

Source: news.yahoo.com
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Kelly sues Hegseth over 'legally baseless' threats after senator's warning to troops
- Stay up to date with notifications from The Independent Notifications can be managed in browser preferences. Swipe for next article Pentagon officials threatened to court martial Democratic senator and cut his retirement rank and pay Democratic Senator Mark Kelly is suing Defense Secretary Pete Hegseth and Pentagon officials after Donald Trump's administration threatened to haul the Navy veteran to court and ...

Source: independent.co.uk
US  
Mattel introduces autistic Barbie
- NEW YORK (AP) — Mattel Inc. is introducing an autistic Barbie on Monday as the newest member of  its line  intended to celebrate diversity, joining a collection that already includes Barbies with Down syndrome, a blind Barbie, a Barbie and  a Ken  with vitiligo, and other models the toymaker added to make  its fashion dolls  more inclusive. Mattel said it developed the autistic ...

Source: wfla.com
US  
Paramount Launches Warner Bros. Proxy Fight, Files Suit (4)
- Paramount Skydance Corp. ratcheted up the stakes in the monthslong battle for Warner Bros. Discovery Inc ., saying it plans to nominate directors to the board to thwart a merger with Netflix Inc. The company, run by David Ellison, also said it filed a lawsuit against Warner Bros. in an attempt to force out into the open more details about Netflix's $82.7 billion takeover agreement, escalating an acrimonious bidding ...

Source: news.bloomberglaw.com
US  
Space station change of command sets stage for Crew 11 departure
- Four astronauts departing the International Space Station were all smiles during a change of command ceremony on Monday, despite  a medical issue prompting an early return to Earth set for later this week. Outgoing space station commander Mike Fincke, a member of the returning Crew 11, turned the station over to cosmonaut Sergey Kud-Sverchkov, saying the combined crew had developed deep friendships during ...

Source: cbsnews.com
US  
Golden Globes 2026: Full list of winners
- All of the winners and best moments at the 2026 Golden Globes, including major victories for "One Battle After Another," "Hamnet," and "Adolescence." The 2026 Golden Globes crowned many expected winners Sunday night, including "One Battle After Another," "Adolescence" and "The Pitt." But the ceremony also provided some surprises that could signal a seismic shift in the run-up to the Oscars. Paul Thomas Anderson's " ...

Source: boston.com