Paramount Skydance sues Warner Bros. Discovery in hostile takeover attempt
The lawsuit comes shortly after the WBD board once again told shareholders to reject Paramount’s offer.
Meta names former Trump advisor Dina Powell McCormick as president, vice chair
Powell McCormick will serve as a member of Meta’s management team and will help guide its strategy and execution, the company said.
Meta urges Australia to rethink under-16 social media ban after blocking over 500,000 accounts
Meta highlighted that many Australian teens are circumventing its new social media ban by using alternative platforms such as Yope and Lemon8.
India inflation accelerates to 1.33% in December, driven by higher food prices
India’s inflation accelerated in December, but still rose less than expected.
Capital One drops 6%, other banks hit after Trump calls for credit card rate cap
Posting on Truth Social, Trump said he would “no longer let the American Public be ‘ripped off’ by Credit Card Companies.”
Gold smashes new record of $4,600 as Powell probe and global flashpoints ignite safe-haven rush
Spot gold advanced higher to hit over $4,600 an ounce for the first time.
CNBC Daily Open: Iran has more avenues of retaliating against the U.S. — including oil supply
White House officials have shown Trump plans on how he can carry through with his threat to intervene in Iran, according to media reports.
World’s most vital oil chokepoint back in focus amid possible U.S. action against Iran
In an extreme escalation scenario, where tankers are unable to pass or energy infrastructure is damaged, oil prices could surge by double digits, said analysts.
European markets close higher; Dutch chip stock BESI pops over 7% after posting fourth-quarter prelim order jump of 195%
European stocks moved into cautiously positive territory on Monday as investors weigh geopolitical developments and pressure on Fed Chair Jerome Powell.
What a U.S. intervention in Iran could look like as Trump weighs options
The unrest in Iran, which started in late December over soaring prices and the collapse of Iran’s currency, has intensified and morphed into wider antigovernment protests.
