Business news
- Asia-Pacific markets open mixed as Trump rattles defense firms and oil prices slide - Overnight, the S&P 500 and the Down Jones Industrial Average snapped a three-day winning streak.
- ICE agents fatally shoot woman in Minneapolis, DHS says - A video shows ICE agents approaching a woman in a car on a Minneapolis street and telling her to exit the vehicle. She was shot as she pulls away.
- Trump says U.S. to ban large investors from buying homes - "I am immediately taking steps to ban large institutional investors from buying more single-family homes," Trump said.
- Rubio says he will meet with Denmark about Greenland next week - Greenland is a self-governing territory of Denmark, a NATO ally of the United States. That has not stopped President Trump from saying he wants the island.
- Oil sales from Venezuela to continue indefinitely and U.S. sanctions will be reduced, sources say - EnergyOil sales from Venezuela to continue indefinitely and U.S. sanctions will be reduced, sources sayPublished Wed, Jan 7 20268:30 AM ESTUpdated Moments AgoSp
- Private payrolls rose 41,000 in December, slightly below expectations, ADP says - Private sector job creation turned positive in December though at a bit softer pace than expected.
- WBD once again rejects Paramount offer in favor of Netflix deal - Warner Bros. Discovery's board still sees its deal with Netflix as the superior option over Paramount's recently amended hostile offer.
- Mortgage demand drops nearly 10% to end 2025, despite lower interest rates - The Mortgage Bankers Association's seasonally adjusted index reported a 9.7% drop in total mortgage applications despite decreased mortgage rates.
- Trump's shake-up of the old world order sends shockwaves through Europe - The "Old World" appears to have fallen far behind other power blocs in a new world order of territorial takeovers and "might is right."
- Euro zone inflation hits 2% in December, in line with forecasts - Euro zone inflation stood at 2% in December, flash data from Eurostat showed on Wednesday.