Finance
AI Summary
- The ongoing protests in Iran have escalated, resulting in over 500 deaths, while the U.S. considers potential military and economic responses, including a 25% tariff on countries engaging with Iran, following President Trump's threats of intervention.
- Geopolitical tensions are high, with Iran's regional foes, particularly Saudi Arabia, urging the U.S. against strikes, and a tightening of alliances among countries like South Korea and Japan positions them against Chinese pressures.
- In the financial sector, concerns linger about Jerome Powell's leadership at the Federal Reserve amid a criminal investigation, prompting global central bankers to defend him, highlighting the ongoing scrutiny of central bank independence.
- Record inflation rates and rising consumer prices continue to challenge the U.K. economy, even as the Bank of England prepares for potential interest rate cuts in response to subdued economic growth.
- Major companies like Boeing and JPMorgan Chase report strong financial performances, with Boeing marking its first sales lead over Airbus since 2018, while JPMorgan's trading revenues surpassed estimates, signaling resilience in select sectors amid broader economic uncertainties.
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Sources
Wall Street Journal
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Trump Tells Iranian Protesters ‘Help Is On Its Way’
an hour ago
by Alexander Ward
The president rules out talks with Iran’s regime after deaths of hundreds of demonstrators, and says Americans should leave the country.
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Greenland’s Prime Minister Says Island Would Choose Denmark Over U.S.
2 hours ago
by Sune Engel Rasmussen
The Arctic island’s leader seeks to portray unity with Copenhagen ahead of White House meetings on Wednesday.
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Iran’s Gulf Rivals Warn U.S. Against Strike on Iran
3 hours ago
by Summer Said
Saudi Arabia is leading the charge to persuade Washington not to intervene.
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Iran Is Hunting Down Starlink Users to Stop Protest Videos From Going Global
3 hours ago
by Benoit Faucon
Video from the streets is one of the few ways of getting information out about the scale of the protests and the actions of Iranian authorities.
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South Korean Prosecutors Seek Death Penalty for Former Leader
8 hours ago
by Dasl Yoon
Judges will review the recommendation for Yoon Suk Yeol, who briefly instituted martial law over a year ago and faced charges of insurrection.
Financial Times
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Trump says ‘help is on its way’ for Iranian protesters
an hour ago
by FT Client Support
US president calls on demonstrators to ‘take over’ the country’s institutions
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What are Trump’s options in Iran?
11 hours ago
by FT Client Support
US president has threatened another military intervention in the protest-hit country but his objectives are unclear
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Economic pressure could hurt Iran more than a military strike
7 hours ago
by FT Client Support
A struggling currency sparked the protests and Trump’s new tariffs on Tehran’s trade partners will only increase the pain
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Dispatch from Tehran: the week Iranians revolted against the regime
3 hours ago
by FT Client Support
Cut off from the outside world, Iran has been convulsed by some of the worst violence since the 1979 Islamic revolution
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How to de-risk from America
10 hours ago
by FT Client Support
There is no precedent of a dominant power abandoning its primacy, as Trump is doing
CNBC
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A major development in Trump's Fed feud is set to happen next week in the Supreme Court
2 hours ago
Supreme Court arguments on Jan. 21 will likely be the next big development for the central bank's quest to maintain independence.
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Warren Buffett was still searching for that elephant to buy in his final months as Berkshire CEO
2 hours ago
Warren Buffett, who handed over the CEO reins to Greg Abel at the start of 2026, made it clear that size is not the constraint, opportunity is.
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Oil prices rise more than 2% after Trump cancels meetings with Iran, tells protesters help is on the way
an hour ago
President Donald Trump has repeatedly threatened to intervene if the Islamic Republic kills protestors.
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Trump attacks Powell again amid Fed independence fears: 'That jerk will be gone soon'
2 hours ago
JPMorgan Chase CEO Jamie Dimon defended the Fed's independence amid the probe of Powell by Trump's DOJ, echoing Republicans' criticisms.
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Palantir is trying to 'destroy' Percepta through legal action, startup's execs say in filing
an hour ago
Three months after Palantir sued Percepta employees, lawyers for the defendants said Palantir is trying to "scare others away" from leaving the company.