The average long-term U.S. mortgage rate is now down to its lowest level in more than three years.
The benchmark 30-year fixed rate mortgage rate eased to 6.06% this week, down from 6.16% last week,… [+3102 chars]

The average long-term U.S. mortgage rate is now down to its lowest level in more than three years. Mortgage buyer Freddie Mac said Thursday that the benchmark 30-year fixed rate mortgage rate eased to 6.06% this week, down from 6.16% last week. One year ago, …

Associated Press

Average US long-term mortgage rate hits the lowest point in more than 3 years - AP News

A record trade surplus racked up by China is washing up around the world, as export earnings that once ended up in state coffers instead fund massive private purchases of overseas securities and busi… [+408 chars]

A record trade surplus racked up by China is washing up around the world, as export earnings that once ended up in state coffers instead fund massive private purchases of overseas securities and business expansion abroad.

Bloomberg

China’s $1.2 Trillion Windfall Quietly Seeps Into Global Markets - Bloomberg.com

India hopes to make its own rare earth magnets for domestic use
In November 2025, India approved a 73bn-rupee ($800m; £600m) plan that could help it to cut its dependence on China in one of the most… [+5511 chars]

India has a $800m plan to make rare earth magnets, aiming to reduce dependence on Chinese imports - but can it work?

BBC News

Rare earths magnets: How realistic are India's its ambitions? - BBC

Soaring prices for silver are putting an extra squeeze on solar panel makers as they look to end more than two years of losses amid brutal competition in the sector. 
Spot silver prices surged to a … [+258 chars]

Soaring prices for silver are putting an extra squeeze on solar panel makers as they look to end more than two years of losses amid brutal competition in the sector.

Silver’s Rally Slams Solar Makers Struggling With Losses - Bloomberg.com

Stock futures were near the flatline Thursday night after a rally in banks and tech names boosted the major averages.
S&amp;P 500 futures gained 0.1%, while Dow Jones Industrial Average futures adde… [+2020 chars]

Semiconductor and bank stocks helped lift the broad market higher on Thursday.

CNBC

Stock futures are little changed after rally in banks and tech lifts major averages: Live updates - CNBC

Lawmakers need to go back to the drawing board on a key sticking point to find a compromise that both banks and crypto firms can live with.

Politico

Senators vow to revive crypto bill - Politico

President Donald Trump and the governors of several US Northeastern states agreed to push for an emergency wholesale electricity auction that would compel technology companies to effectively fund new… [+299 chars]

President Donald Trump and the governors of several US Northeastern states agreed to push for an emergency wholesale electricity auction that would compel technology companies to effectively fund new power plants.

Trump to Direct Key US Grid Operator to Hold Emergency Auction - Bloomberg.com

Driving the news: The Swedish company said Thursday that prices will increase in the U.S., as well as in Estonia and Latvia. 
<ul><li>The company had already raised fees in some other countries last… [+1534 chars]

The music streaming service is raising the price of a premium subscription to $13 a month from $12 in the U.S.

Axios

Spotify raises prices as streaming costs pile up on Americans - Axios

Paramount CEO David Ellison this week met with UK Secretary of State for Culture, Media and Sport Lisa Nandy as well as prominent European creatives, Deadline hears from sources, as the studio took i… [+2472 chars]

Paramount CEO David Ellison this week met with UK Secretary of Culture Lisa Nandy as well as prominent European creatives.

Deadline

David Ellison Meets With UK Culture Secretary, Creatives As Paramount Takes WBD Lobbying Effort Across The Pond - Deadline

WASHINGTON -- A federal judge Thursday cleared the way for a New York offshore wind project to resume construction, a victory for the developer who said a Trump administration order to pause it would… [+4043 chars]

A federal judge has cleared the way for a New York offshore wind project to resume construction

ABC News

Judge hands offshore wind industry another victory against Trump in clearing way for NY project - ABC News

Mashable

Verizon outage today: Affected customers can claim $20 account credit. Here's how. - Mashable

President Trump followed up his populist push, adopting traditionally Democratic economic talking points like capping credit card interest rates, with an endorsement of limiting merchant swipe fees u… [+4924 chars]

Trump has now endorsed the Durbin-Marshall swipe fee bill, pitching it as “competition” and consumer relief. In reality it shifts value from cardholders to retailers—cutting rewards, pushing issuers toward higher fees elsewhere, and shrinking credit availabil…

Viewfromthewing.com

Trump Backs Credit Card Swipe Fee Crackdown—Why Rewards Get Cut and Fees Go Up - View from the Wing

A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign … [+3992 chars]

Where sports betting is legal, it's often limited to those 21 years or older. Kalshi and Polymarket are open to anyone 18 or older, with some exceptions.

College students and teens could be fueling the prediction markets boom - CNBC

On January 11, the Department of Justice announced that it was opening a criminal investigation into Federal Reserve chair Jerome Powell for allegedly misleading Congress about the cost of refurbishm… [+11680 chars]

After the 2008 crisis, the US set up a vast financial network offering liquidity to its allies. The ongoing clash between Jerome Powell and Donald Trump is partly about the future of this system and which vision of American empire it will promote.

Jacobin.com

Behind Trump vs. Powell Is a Battle Over US Empire’s Future - Jacobin

After months of rumors that the Trump administration was going to impose tariffs on semiconductors, a tariff has been announced for some chips. The tariff only applies to certain semiconductors, incl… [+2372 chars]

The Trump administration formalized its 25% cut of H200 chip sales in China with a tariff that applies to certain semiconductors.

TechCrunch

The US imposes 25% tariff on Nvidia’s H200 AI chips headed to China - TechCrunch

Strive Specialties, one of the largest compounding pharmacies in the country, accused Eli Lilly and Novo Nordisk of locking up telehealth companies they partner with in an effort to cut off businesse… [+2509 chars]

Novo Nordisk CEO Mike Doustdar estimated that around 1.5 million US patients are using compounded versions of the company’s drugs.

Sherwood.news

Lawsuit alleges Lilly, Novo locked up telehealth to kill compounded GLP-1s - Sherwood News

Dive Brief:
<ul><li>Boston Scientific plans to acquire Penumbra for about $14.5 billion, the companies announced Thursday.</li><li>Penumbra makes heart devices to remove clots from blood vessels, tr… [+1424 chars]

With the planned purchase, Boston Scientific will gain several thrombectomy devices to remove clots from blood vessels.

Medtechdive.com

Boston Scientific to acquire Penumbra for $14.5B - MedTech Dive

The Summit Club, on the outskirts of Las Vegas, features a Tom Fazio-designed golf course, a wellness center, pickleballand much lower taxes than California.
Getty Images
OnJanuary 8th, an anonymou… [+5246 chars]

Exclusive: The buyer behind a record $21 million Las Vegas-area penthouse is a lifelong California resident who says the state’s taxes have pushed him out: “I just felt a little bit like I wasn’t wanted.”

Forbes

Los Angeles Billionaire Moves To Nevada After California Threatens To Tax Wealth - Forbes

Bloomberg, company filings
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. is earmarking as much as $56 billion in capital spending for 2026, a stronger-than-anticipated projection that signal… [+4103 chars]

It also foresees revenue growth of close to 30% in 2026, faster than the average analyst estimate.  TSMC’s ADRs climbed as much as 5.6% in US trading, while ...

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