Trump’s ‘intimidation’ of Jerome Powell with DOJ probe tests Fed

The criminal investigation into Federal Reserve Chair Jerome Powell is testing the U.S. central bank’s independence again and reinforcing the view among global investors that they need to diversify away from U.S. assets. “That’s what seems to be transpiring this morning,” Julien Lafargue, chief market strategist at Barclays Private Bank, told CNBC’s “Europe Early Edition”…

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How BlackRock, world’s largest fund manager, is shifting market bets

BlackRock came into 2026 with a clear investment plan built around three pillars: artificial intelligence, income, and diversification. Jay Jacobs, BlackRock’s head of equity exchange-traded funds, laid out ways in which ETFs fit into the shifting market bets from the world’s largest asset manager, which oversees more than $13 trillion from investors. Investors should remain…

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Trump will use other tariff authorities to get to ‘same place’ if Supreme Court rules against him: Hassett

National Economic Council Director Kevin Hassett said Friday the White House could deploy alternative measures if the Supreme Court rules against President Donald Trump’s use of emergency powers to impose sweeping levies. “There was a big call last night with all the principals to talk about if the Supreme Court were to rule against this…

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BlackRock’s bull case for bitcoin access among retail investors

It could be the year Main Street’s appetite for cryptocurrency exposure meaningfully grows. Although it’s been two years since the first spot bitcoin ETFs began trading on U.S. exchanges, BlackRock’s Jay Jacobs thinks they’re a fairly new concept. “It’s still so early,” the firm’s U.S. head of equity ETFs told CNBC’s “ETF Edge” this week….

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Hopes rise for Chinese property support ahead of Two Sessions meeting

Real Estate Projects in Yantai, Shandong, China on January 5, 2026. Cfoto | Future Publishing | Getty Images BEIJING — Chinese policymakers may be finally warming to the idea of tackling the country’s worsening real estate slump, raising expectations that stronger support measures could be coming later this year. The Communist Party’s official journal Qiushi, which means “seeking truth,” kicked…

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