Wednesday, January 21, 2026

Thursday's News Links

[CNBC] Dow jumps 400 points as stocks rebound for a second day after Trump calls off Greenland-related tariffs: Live updates

[Yahoo/Bloomberg] Natural Gas Soars 75% in Three Days as Arctic Cold Grips the US

[AP] Consumer spending pushes US economy up 4.4% in third quarter, fastest in two years

[AP] US applications for jobless benefits inch up last week to a still-low 200,000

[AP] Denmark says its sovereignty is not negotiable after Trump’s Greenland about-turn

[AP] Millions of Americans prepare for potentially catastrophic ice storm. Here’s what the numbers show

[Politico] EU leaders have reluctantly decided that Trump is not on their side

[Politico] Merz welcomes Trump’s climbdown but warns of ‘great power politics’ era

[CNBC] Japan’s December exports growth drops to 5.1%, missing expectations, as shipments to U.S. plunge

[AP] Japan records a 5th straight yearly trade deficit

[CNBC] South Korea economic growth slows to cooler-than-expected 1.5% in fourth quarter as construction and exports fall

[Bloomberg] Texas Power Grid Faces Major Test From Season’s Biggest Storm

[Bloomberg] Trump Threatens ‘Big Retaliation’ If Europe Dumps US Assets

[Bloomberg] Bond Vigilantes Will Control This Affordability Push

[Bloomberg] The Credit Market’s Early Warning System Is Weakening

[WSJ] Alarm Over Trump’s Greenland Threat Gives Way to Uncertainty Around Future Deal

[WSJ] Inside Trump’s Head-Spinning Greenland U-Turn

[WSJ] Private-Credit Investors Are Cashing Out in Droves

[WSJ] The Uproar Over Affordability Is Coming for Insurers

[WSJ] In Greenland, Anxiety Over U.S. Ambitions Puts Normal Life on Pause

[WSJ] The U.S. Is Actively Seeking Regime Change in Cuba by the End of the Year

[FT] Trump’s Greenland pivot leaves Europe flummoxed

[FT] Carney’s new global order needs a huge shift in political will

[FT] European governments turn to short-term debt as borrowing costs rise

[FT] The opaque Iranian military force tightening its grip on power

Wednesday Evening Links

[CNBC] Stock futures rise after major averages rebound on easing tariff fears: Live updates

[AP] Trump backs down on Greenland and cancels tariff threat after NATO agrees to future Arctic deal

[Axios] Trump backs off Greenland tariff threat based on new "solution"

[Yahoo/Bloomberg] Trump Warns Powell Won’t Be ‘Very Happy’ If He Stays on at Fed

[MSN/Fortune] Ray Dalio warns monetary order is breaking down, leaving us with a terrible choice: "Do you print money or let a debt crisis happen?"

[Yahoo/Fortune] Ray Dalio warns the global rules-based order is already ‘gone’ as Trump threatens Greenland: ‘Let’s not be naive’

[AP] Meteorologists blame a stretched polar vortex, moisture, lack of sea ice for dangerous winter blast

[Bloomberg] How World Leaders – and Markets – Are Reacting to Trump’s Davos Speech

[Bloomberg] Fed’s Balance Sheet Is Point of Tension as Trump Weighs Chair

[Bloomberg] Wall Street Chiefs Lay Low to Avoid Trump’s Trolling

[NYT] 4 Takeaways From Supreme Court Hearing on Trump’s Firing of Fed Official

[NYT] Federal Regulators Take New Aim at Late-Night TV

[WSJ] Trump’s Tough Day at the Supreme Court

[FT] Donald Trump drops tariff threat against Europe and touts ‘future’ Greenland deal

Wednesday Afternoon Links

[AP] Dow rallies 600 points after Trump calls off Europe tariffs related to Greenland: Live updates

[AP] Trump in Davos says NATO should allow the US to take Greenland but he won’t use force

[Axios] U.S.-EU trade deal now in limbo

[Politico] Trump’s Greenland speech leaves Europe worried (and confused)

[Yahoo/Bloomberg] Supreme Court Appears Wary of Trump Bid to Fire Fed’s Cook

[Yahoo/Bloomberg] Trump Looks to Congress to Cap Credit Card Rates at 10%

[Yahoo/Reuters] Trump market jitters hit emerging market bond sales

[Yahoo/Reuters] Trump says Fed chair candidates are great, until they get the job

[Axios] Trump responds to Carney: "Canada lives because of the United States"

[Politico] Trump says individuals will soon be prosecuted for 2020 election

[Bloomberg] Trump Holding Off on Greenland Tariffs, Citing ‘Framework’ Deal

[Bloomberg] Two Dark Horses Are Emerging as the Best Fed Choices

[Bloomberg] Ken Griffin Calls Japan Bond Selloff ‘Explicit Warning’ for US

[Bloomberg] Why Global Bond Markets Are More Prone to Flash Crashes

[WSJ] ‘A Piece of Ice for World Protection’: Trump Demands Europe Cut Deal on Greenland

[WSJ] EU Lawmakers Put Trade Deal With U.S. on Ice After Trump’s Greenland Threats

[FT] UK ‘will not yield’ on Greenland, Keir Starmer warns Donald Trump

[FT] Supreme Court justices express scepticism over Donald Trump’s attempt to sack Fed’s Lisa Cook