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Finance News 11 January 2026 - 14 January 2026

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

Visa shares fell 0.3% to $326.85 Wednesday after a 4.5% drop Tuesday, as markets reacted to Donald Trump’s proposal to cap credit-card interest rates at 10%. Mastercard, American Express, and Synchrony Financial also declined. Visa announced a partnership with BVNK to enable stablecoin payouts on its Visa Direct platform. December U.S. consumer inflation rose 2.7% year-over-year, meeting forecasts.
14 January 2026
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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

South Korea’s Financial Services Commission delayed a decision on preliminary licenses for new over-the-counter marketplaces for tokenized securities at its Jan. 14 meeting. Lucentblock accused rival Nextrade of misusing confidential information, which Nextrade denied. The regulator was expected to pick up to two operators from three contenders. The delay leaves the selection unresolved and intensifies pressure on Lucentblock.
14 January 2026
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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

Saks Global filed for Chapter 11 bankruptcy in Texas late Tuesday, securing $1.75 billion in financing to keep Saks Fifth Avenue, Bergdorf Goodman, and Neiman Marcus running. Former Neiman Marcus chief Geoffroy van Raemdonck replaced Richard Baker as CEO. Court filings list up to $10 billion in assets and liabilities, with major creditors including Chanel and Kering. Stores and websites remain open, the company said.
14 January 2026
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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 to ensure our staffing levels, locations and expertise align with current business needs.” (Reuters) The cuts come at a delicate time for the stock. Investors have been pushing major U.S. banks to tighten their expense management and deliver more consistent
13 January 2026
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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 on for years.” Wealth manager Darren Sissons added, “Real estate is not the holy grail,” and professor Jim Clayton described the situation as a “house of cards.” https://www.fa-mag.com/news/canadians-are-furious-after-real-estate-funds-lock-up-their-money-85456.html (fa-mag.com) The lockups hit more than just frustrated clients—they’re a key source
13 January 2026
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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 policy headlines jolt rates and the dollar, smaller tokens can see sharp swings—even if there’s no XRP-specific news out there. Another factor: Washington might finally set firmer boundaries on which regulator handles what in crypto — a core plumbing issue
12 January 2026
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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 spring selling season. Bankrate’s newest lender survey shows the national average for a 30-year fixed mortgage APR at 6.24%, while the 30-year fixed refinance APR sits at 6.61%. These APR figures factor in lender fees and other costs bundled into
12 January 2026
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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 on the deal on Jan. 29 in separate virtual meetings, according to a joint proxy statement. Kenvue holders would receive $3.50 in cash and 0.14625 Kimberly-Clark shares per Kenvue share, a payout that rises or falls with Kimberly-Clark’s stock; Kenvue’s
12 January 2026
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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.com) The closing is crucial—it shifts Compass from discussing deals to actually delivering results. Investors now face the task of valuing a far larger platform, along with the financing that supports it, all while brokerage revenue remains tied to U.S. home-sale volume and
11 January 2026
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Capital One stock faces fresh spotlight after Trump backs 10% credit card rate cap

Capital One stock faces fresh spotlight after Trump backs 10% credit card rate cap

New York, Jan 10, 2026, 18:04 EST — The market has closed. Shares of Capital One Financial Corporation are starting next week under pressure after U.S. President Donald Trump proposed capping credit card interest rates at 10% for one year. The stock closed Friday down 2.53%, settling at $249.20. (Reuters) The proposal targets the fees that fuel credit card profits but offers few specifics. Banking groups warned a cap would “reduce credit availability,” while Brian Jacobsen of Annex Wealth Management said firms might just cut credit lines if they “can’t price the risk properly.” Capital One, a leading U.S. card
11 January 2026
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Stock Market Today

Corning stock price hits record close — what’s driving GLW and the next big test

Corning stock price hits record close — what’s driving GLW and the next big test

7 February 2026
Corning shares jumped 8.3% to a record $122.16 Friday, gaining 11% over two sessions amid strong demand for AI infrastructure stocks. The move follows a $6 billion optical fiber deal with Meta and upgraded company forecasts. Shares traded as high as $122.56 and rose 0.6% after hours. COO Avery Nelson sold 1,894 shares for tax withholding, retaining 66,050.
PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

7 February 2026
PepsiCo priced €2.5 billion in euro notes across four maturities, with settlement set for Feb. 11, according to an SEC filing. The company plans to use proceeds for general corporate purposes, including repaying commercial paper. Shares closed at $170.49 Friday, up 1.8%. PepsiCo is also cutting U.S. snack prices by up to 15% after consumer pushback.
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