Tuesday, January 13, 2026

Mind The Reserve. . .

        Rate Cuts: Points of Return's Year of Descending Dangerously — Divergence
Fed That Fights Back Is a Threat to Trump’s Takeover Plan
The Big Take
Fed That Fights Back Is a Threat to Trump’s Takeover Plan
For the first time, Jerome Powell responded defiantly to the president’s attacks, and the administration is now worried about its plans to replace the Fed chair.
Big Take: What the DOJ Subpoenas Mean for the Fed (Podcast)
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What the DOJ Subpoenas Mean for the Fed 
 
 
Powell Probe Stirs GOP Concern, Threat to Stop Trump Nominee
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Jeanine Pirro Is Going After Powell, Heedless of Backlash
Central Banks Work on Statement in Solidarity With Fed’s Powell

Iran Protests

Hundreds KilledUS Discussing OptionsWhat a Revolution Could Mean
US President Donald Trump
Aaron Schwartz/CNP/Bloomberg
Trump Risks Imploding China Trade Truce With Iran Tariff Vow
Trump Vows 25% Tariff on Countries Doing Business With Iran
Germany’s Merz Predicts Downfall of Iran’s Islamic Republic
Japan's Prime Minister Sanae Takaichi News Conference
Kiyoshi Ota/Bloomberg
 
 
 
 
 
 
Takaichi’s Early Japan Election Plans Jolt Yen, Bonds and Stocks
A snap election could capitalize on Takaichi’s roughly 70% approval rating and strengthen the LDP’s grip on the powerful lower house.
Stock Rally Builds, Yen Falls to Lowest Since 2024: Markets Wrap
Markets Wrap
Stock Rally Builds, Yen Falls to Lowest Since 2024
First Brands
Nick Oxford/Bloomberg
 
 
 
 
 
 
 
 
 
 
 
 
 
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Diameter’s Winning Bet on First Brands Turns ‘Horribly Wrong’
After Scott Goodwin and Jonathan Lewinsohn nailed a short bet on First Brands, the two doubled down with a reverse wager — hoping for a second payout. The move still haunts them.

Bloomberg Opinion

 

  

Iranian Supreme Leader Ayatollah Ali Khamenei Appears Among Supporters
Iran Is Vulnerable. Is It Time for the US to Intervene?
By Hal Brands, Columnist 
 
 
 
 
 
 
 
When All the King’s Men Are Too Eager to Please
By John Authers, Columnist
AUTHERS
Germany’s $1.2 Trillion Debt Bazooka Is Veering Off Target
By Chris Bryant, Columnist
Trump’s Credit-Card Cap Would Feed the Weakest to the Sharks
By Paul J. Davies, Columnist
UBS CEO Ermotti Plans to Step Down in April 2027, FT Says
The BlackRock headquarters in New York
Bing Guan/Bloomberg
 
 
 
 
 
 
 
 
 
 
 
 
 
Exclusive
BlackRock Cuts Hundreds of Jobs, Trimming About 1% of Staff
The cuts come as Chief Executive Officer Larry Fink works to re-wire the world’s largest asset manager and push deeper into alternative investments.

Related

Citi to Cut About 1,000 Jobs This Week as Fraser Trims Costs
Morgan Stanley Asia Bonuses Up 20% as Revenue Nears $10 Billion

Trump’s Second Term

Fed DOJ SubpoenasVenezuela AttacksGreenland
US-POLITICS-ECONOMY-MILKEN
Patrick T. Fallon/AFP/Getty Images
Ackman Pitches Prepayment Penalties as Way to Cut Mortgage Rates
Wall Street Homebuyers Plan Counter-Offer After Trump Threat
Senate Panel Releases Crypto Bill Allowing Stablecoin Rewards

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Former Fed Chairs Condemn US Targeting of Powell
Newsletter: Evening Briefing: Americas
Former Fed Chairs Condemn US Targeting of Powell
Where Does the Powell Probe Go From Here?
Newsletter: Washington Edition
Where Does the Powell Probe Go From Here?
The Fed Fight Goes to a Whole New Level
Newsletter: Odd Lots
The Fed Fight Goes to a Whole New Level
Odd Lots: The Fight Over Fed Independence Just Got Taken To a Whole New Level (Podcast)
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Odd Lots: The Fed Fight Goes to the Next Level
Odd Lots: Cullen Roche on the Art of Building a Perfect Portfolio
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Odd Lots: Cullen Roche on Building a Perfect Portfolio
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Alphabet’s Rise to $4 Trillion Cements Status as AI Trade Winner
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Stocks Rise On Bets Inflation Won't Derail Fed Cut
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I’ve Studied How Democracies Fail. Here’s My Unified Theory of Trump
I’ve Studied How Democracies Fail. Here’s My Unified Theory of Trump
There’s a through line that runs from tariffs to toppling a foreign leader. It’s all about expanding the power of the presidency.
 
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Markets

Odd LotsETFsCryptoDeals
The Revolution Wind construction hub in Providence, Rhode Island, US.
Adam Glanzman/Bloomberg
Orsted Jumps After Ruling to Resume Wind Project Halted by Trump
Rally in European Stocks Now Looks Hottest in Over a Decade
Diageo Is Said to Weigh Options for China Assets Including Sale
The Fed Fight Goes to a Whole New Level
Newsletter: Odd Lots
The Fed Fight Goes to a Whole New Level
The Sell America Trade Is Back as US Targets Fed Chair
Newsletter: Markets Daily
The Sell America Trade Is Back as US Targets Fed Chair
 
 
 
 
 
 
 The race to succeed Jerome Powell at the Fed just got weirder | New York Post
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Monday, January 12, 2026

What happens next in Venezuela?

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Trump Wants Greenland But Europe Demands Something in Return

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BRIEF TEASER: TikTok’s Incomplete Story

The company has transformed the very nature of social media, and in the process it has mutated as well—from tech unicorn to geopolitical chess piece.

TikTok’s Incomplete Story

Every niche found its niche audience. That’s one story of TikTok. 

BOOKS IN REVIEW

https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcS0dTnMpmvWKMXFVRCAYCVpyBHlytEF5ztWhQ&s 

Every Screen on the Planet: The War Over Tiktok 

YouTube
Every Screen on the Planet Summary | Inside the Global War Over TikTok – Emily Baker-White - YouTube
by Emily Baker-White Buy this book
 
Every Screen on the Planet, a recent history of TikTok by Emily Baker-White, tells another: 
 
All of this happened as the app teetered on the edge of the void, stuck between the incompatible interests of the United States and China as it grew to become indispensable to both. 
  • That an app this popular could have a future this uncertain presages the end of an economic paradigm. 
  • Both of these stories—of TikTok’s cultural history and its fraught politics—indicate what might be a fundamental incompatibility between a humane Internet and the structures that currently determine its shape, and what kind of world might emerge in its wake.

Books & the Arts / Erin Schwartz

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