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Finance News 11 January 2026 - 14 January 2026

JPMorgan stock slips after hours as Apple Card reserve and rate-cap fears hang over banks

JPMorgan stock slips after hours as Apple Card reserve and rate-cap fears hang over banks

New York, Jan 14, 2026, 4:49 PM EST — Trading continues after hours. Shares of JPMorgan Chase & Co. dropped roughly 0.9% in after-hours trading Wednesday, closing at $307.87. The bank remains under the microscope, its latest quarterly results shaping the early mood of the U.S. earnings season. Shares tumbled 4.2% Tuesday as a proposed 10% cap on credit-card interest…
Capital One stock drops again as Trump’s credit-card rate-cap talk shadows lenders

Capital One stock drops again as Trump’s credit-card rate-cap talk shadows lenders

NEW YORK, Jan 14, 2026, 12:12 ET — During the regular session Shares of Capital One Financial Corp dropped roughly 2.4% to $225.95 on Wednesday, lagging behind as investors grew cautious amid Washington’s discussions on limiting credit-card interest rates. The pressure stems from President Donald Trump’s proposal to cap credit-card interest rates at 10% for one year—a move that could…
Visa stock dips as Trump’s 10% credit-card rate cap gains a look in Congress

Visa stock dips as Trump’s 10% credit-card rate cap gains a look in Congress

New York, January 14, 2026, 10:29 EST — Regular session Visa Inc (V) shares dipped 0.3% to $326.85 in Wednesday’s morning session, following a sharper 4.5% drop the day before. Investors are digesting President Donald Trump’s plan to cap credit-card interest rates at 10%, along with JPMorgan execs flagging potential fallout across the sector. “Financials are getting hit by Trump’s…
14 January 2026
South Korea delays first STO exchange licences as Lucentblock-Nextrade fight heats up

South Korea delays first STO exchange licences as Lucentblock-Nextrade fight heats up

Seoul, January 14, 2026, 18:32 (KST) South Korea’s financial regulator delayed its decision on preliminary licences for new over-the-counter marketplaces for tokenised securities on Wednesday. The move came amid public disagreements over the approval process, according to reports and industry sources. (bloomingbit) South Korea has taken a crucial step toward integrating security token offerings (STOs)—digital securities tracked on blockchain—into its…
Saks Global bankruptcy filing: Saks Fifth Avenue and Neiman Marcus seek Chapter 11 with $1.75 billion lifeline

Saks Global bankruptcy filing: Saks Fifth Avenue and Neiman Marcus seek Chapter 11 with $1.75 billion lifeline

New York, Jan 14, 2026, 02:14 EST Saks Global filed for Chapter 11 bankruptcy protection in Texas late on Tuesday, seeking to keep its Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus businesses running while it restructures under court supervision. The company said it had secured a $1.75 billion financing package to support operations through the process. Reuters The filing…
14 January 2026
Citi to cut 1,000 jobs as BlackRock trims 250 in latest Wall Street layoffs

Citi to cut 1,000 jobs as BlackRock trims 250 in latest Wall Street layoffs

New York, Jan 13, 2026, 21:40 EST Citigroup (C) plans to slash roughly 1,000 positions this week, according to a source who spoke to Reuters. CEO Jane Fraser continues to push for cost reductions and improved returns at the bank. (Reuters) Timing is key. As big financial firms approach earnings, investors remain fixated on expense lines, not just top-line revenue,…
Citigroup stock dips as 1,000 job cuts loom and earnings near

Citigroup stock dips as 1,000 job cuts loom and earnings near

New York, January 13, 2026, 12:13 EST — Regular session Shares of Citigroup dipped 0.4% to $117.27 by 12:13 p.m. EST Tuesday, following a Reuters report that the bank plans to cut roughly 1,000 jobs this week. The cuts come as Citigroup moves to trim costs ahead of its quarterly earnings. A spokesperson said, “These changes reflect adjustments we’re making…
Locked out of $22B: Canadian real estate funds freeze withdrawals as gates spread

Locked out of $22B: Canadian real estate funds freeze withdrawals as gates spread

Toronto, January 13, 2026, 04:20 (EST) Private real estate funds with roughly C$30 billion ($21.7 billion) tied up by Canadians have halted withdrawals, trapping investors amid the housing slump, Bloomberg reported Monday. Vancouver property manager Andre El-Baba called it “terrible” after Romspen blocked redemptions. Adviser Jamie Grundman noted, “This stuff spreads like wildfire,” while economist Diana Petramala warned, “It drags…
XRP price stock today: Ripple token slips near $2 as Fed probe and U.S. crypto bill loom

XRP price stock today: Ripple token slips near $2 as Fed probe and U.S. crypto bill loom

New York, Jan 12, 2026, 12:51 (EST) — Regular session XRP dipped roughly 1% to near $2.07 on Monday, as traders digested new political uncertainty tied to the Federal Reserve and braced for a U.S. Senate crypto bill session scheduled for later this week. This move is significant because crypto is once again acting like a pure risk gauge. When…
Mortgage rates today hover near 6.2% as Rocket stock slips in premarket

Mortgage rates today hover near 6.2% as Rocket stock slips in premarket

New York, Jan 12, 2026, 07:51 EST — Premarket Shares of Rocket Companies slipped 0.6% to $23.14 in premarket trading Monday, after closing at $23.29 on Friday. (Public) The move happened while “mortgage rates today” lingered near the mid-6% mark, prompting investors to weigh if a surge in government-backed mortgage bond purchases will shift the rate outlook ahead of the…
Kenvue stock (KVUE) ends week lower as Jan. 29 Kimberly-Clark deal vote nears

Kenvue stock (KVUE) ends week lower as Jan. 29 Kimberly-Clark deal vote nears

New York, January 11, 2026, 18:45 EST — Market closed Kenvue Inc shares slipped on Friday, closing down about 1% at $16.83, as traders headed into the weekend still pricing in a gap to Kimberly-Clark’s takeover terms. Kimberly-Clark shares ended down about 1% at $97.92. That gap has a date attached now. Stockholders of both companies are set to vote…
Compass stock jumps on Anywhere deal close and $1 billion convert — what to watch next week

Compass stock jumps on Anywhere deal close and $1 billion convert — what to watch next week

New York, Jan 11, 2026, 07:01 EST — Market closed. Compass, Inc. shares jumped 4.7% on Friday, closing at $12.84, following the brokerage’s announcement that it had finalized its all-stock merger with Anywhere Real Estate. CEO Robert Reffkin highlighted the deal’s potential to unite “the industry’s most respected brands and professionals” under “a single, modern technology platform.” (Investing) The closing…
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Stock Market Today

  • Elon Musk Combines SpaceX and xAI Ahead of $1.25 Trillion IPO
    February 2, 2026, 5:09 PM EST. Elon Musk is merging his rocket maker SpaceX with AI startup xAI, preparing for a significant initial public offering (IPO) expected to value the combined entity at $1.25 trillion. SpaceX, known for orbital launch services and its Starlink satellite internet, reportedly earned $8 billion in profit on $15-16 billion revenue in 2025. xAI, which merged with Musk's social network X last year, recently raised $20 billion at a $230 billion valuation and faces new regulatory scrutiny over AI-generated content. Tesla, Musk's electric vehicle company, plans a $2 billion investment in xAI. This ties together key parts of Musk's business empire, aiming to innovate across AI, space, and internet platforms.
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