Big winter storm to hit first quarter GDP. But it may give a boost to Costco and other stocks

This weekend’s winter storm continues to affect much of the U.S., and could even have a material impact on gross domestic product — but there are some companies that are likely to be beneficiaries. The storm is continuing to make its presence felt on Monday, with wind and below-freezing temperatures lingering even after much of … Read more

Stock futures fall as traders get set for a big week of trading: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Jan. 22, 2026. Brendan McDermid | Reuters Stock futures fell on Sunday night as traders braced for a big week, with key earnings reports and a U.S. monetary policy meeting. Dow Jones Industrial Average futures lost 317 points, … Read more

Gov. Walz calls on Trump to halt ICE operations in Minnesota after another fatal shooting

A federal agent cordons off the area as people gather at the scene of a shooting involving federal immigration agents in Minneapolis, Minnesota, on Jan. 24, 2026. Tim Evans | Reuters Minnesota Gov. Tim Walz on Saturday called on President Donald Trump to end sweeping Immigration and Customs Enforcement (ICE) operations in the state after … Read more

Megacap earnings next week could lift a stock market that’s broadening out. Here’s what’s ahead

Megacap earnings results next week could lift a stock market that’s broadened out to include a larger number of winners. Earnings kick into high gear next week, with four of the so-called Magnificent Seven companies set to report: Meta Platforms , Microsoft , and Tesla report Wednesday, while Apple posts Thursday. But the group isn’t … Read more

Sen. Warren blasts CFPB director for undermining Trump’s credit card affordability push

U.S. Senator Elizabeth Warren (D-MA) and Director of the United States Office of Management and Budget, Russell Vought. Kevin Mohatt | Kevin Lamarque | | Reuters Sen. Elizabeth Warren on Friday accused the acting head of the Consumer Financial Protection Bureau of undermining President Donald Trump’s stated push to make credit cards more affordable, according … Read more

Jamie Dimon issues rare CEO criticism of Trump’s immigration policy: ‘I don’t like what I’m seeing’

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, Oct. 16, 2025. Samuel Corum | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon said Wednesday that he disagreed with President Donald Trump’s approach to immigration, offering a rare public rebuke by a U.S. corporate … Read more

Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise

President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his social media post this month ordering banks to voluntarily lower their rates. “I’m asking Congress to cap credit card interest rates at 10% for one year, and this will help millions of Americans save for … Read more

Greenland is another headline that stocks can get past, investors say. What to do next

Greenland is just the latest geopolitical headline that the stock market can get past, when all is said and done, investors say. Stocks tumbled Tuesday, after President Donald Trump ramped up his rhetoric against those European countries opposing the sale of Greenland to the U.S. The Dow Jones Industrial Average dropped 870 points, while the … Read more

Big earnings reports and worries around the interest rate outlook could sway markets next week

Company earnings and what happens with the interest rate outlook will unlock what’s next for a broadening stock market. Stocks are headed for a down week following an uneven start to the fourth-quarter earnings season. Of the big banks that kick off the reporting period, the retail banking players — JPMorgan, Citigroup, Bank of America, … Read more

Kevin Hassett pivots to possible ‘Trump cards’ amid credit card battle with banks

Kevin Hassett, director of the National Economic Council, speaks to members of the media outside the White House in Washington, DC, US, on Friday, Oct. 24, 2025. Francis Chung | Bloomberg | Getty Images White House economic advisor Kevin Hassett said Friday that large U.S. banks could voluntarily provide credit cards to underserved Americans as … Read more