In January 2026, economists find that tariffs contributed ~1.1–1.4% to annual inflation. While median households face $1,400 in extra annual costs, the impact is less than feared due to implementation lags and exceptions.
Amazon.com is asking the FCC for a two-year extension on its 1,600-satellite deployment deadline for its $10 billion Amazon Leo internet network, citing rocket shortages and launch delays, as it aims to catch up with SpaceX's Starlink while warning that denying the extension could slow U.S. broadband expansion.
Nvidia's proposed $100 billion investment in OpenAI has reportedly stalled as CEO Jensen Huang raises concerns over the AI startup's spending discipline and intensifying competition, prompting both companies to reconsider a smaller, nonbinding equity deal even as OpenAI attracts heavy Big Tech interest and posts surging revenue.
Walt Disney (NYSE: DIS) CEO Bob Iger has reportedly told associates he plans to step down and pull back from daily management before his contract expires on Dec. 31, and the entertainment giant's board is set to meet next week to vote on a successor.
Eli Lilly CEO Dave Ricks said upcoming Medicare coverage of obesity drugs could be a game-changer for the launch of its experimental weight-loss pill orforglipron, potentially expanding access to millions of patients even as competition with Novo Nordisk intensifies ahead of both companies' earnings.
Today’s silver crash is a reminder that the market can remain irrational longer than you can remain solvent. Whether this is a temporary shock or the start of a deeper correction remains to be seen.
