For: January 20, 2026
>>Wall Street Kicks Off Abbreviated Trading Week Today
(New York, NY) -- The opening bell rings this morning, kicking off a holiday-shortened trading week on Wall Street. All signs are pointing to a lower open with futures in the red overnight. The pullback comes after President Trump threatened new tariffs on countries opposed to the potential U.S. takeover of Greenland. Meanwhile, stocks closed lower to end the week on Friday with investors at that time mulling over the president's preferred choice for the next Federal Reserve chairman. At the closing bell, the Dow Jones Industrial Average fell 83 points to 49-359. The S&P 500 lost four points to 69-40. The Nasdaq fell 14 points to 23-515.
>>SCOTUS Tariff Decision Looms
(Washington, DC) -- The Supreme Court could rule today on the legality of President Trump's global tariffs. The justices heard the case in early November. The court's decision could have massive implications for American consumers and businesses, the economy and presidential authority. Opinions are posted after 10 a.m. Eastern.
>>Oxfam Says Billionaires Hold Record Wealth
(Davos) -- Billionaires are richer than ever. A new report by the global charity group Oxfam shows billionaires' wealth has risen sharply to a record high of more than 18 trillion dollars. The number of billionaires also grew to more than three-thousand last year with their collective fortunes increasing by 16 percent. The report also noted poverty reduction has slowed to levels similar to where they were in 2019. The charity group released the report on Monday to coincide with the start of the World Economic Forum's annual meeting in Davos, Switzerland.
>>NYC Nurses Strike Reaches Day Nine
(New York, NY) -- The massive nurses strike in New York City has now reached Day Nine. Some 15-thousand nurses remain off the job and on the picket lines as they continue to call for better pay, better benefits and safer working conditions. The three hospitals involved in the negotiations say no deal is going to be made until the nurses union comes down from what hospital officials call "reckless and dangerous" demands. Dozens of striking nurses spent MLK Day giving back at the city-run George Washington Carver Houses to provide free community health screenings.
>>Boiler Explosion At Rockstar North
(Edinburgh) -- A boiler explosion at the studio of video game developer Rockstar North seems unlikely to cause any additional delays for Grand Theft Auto 6. The explosion was reported Monday at the studio in Edinburgh [[ ED-in-burra ]], Scotland. There were no injuries and the studio is up and running again. The game, after several delays, is now slated for release this November.
>>Moonshot AI Now Valued At $4.8 Billion
(Beijing) -- The valuation for the Alibaba-backed startup Moonshot AI is up 500 million dollars. According to CNBC, investors are now valuing Moonshot AI at four-point-eight billion dollars and the sources added that the company could be valued even higher in subsequent rounds. Moonshot AI is the company behind the Kimi chatbot, which surged in popularity in China months before DeepSeek's release last year. The investor interest also follows the surge of two rival Chinese AI companies that went public in Hong Kong earlier this year.
