Money
Jeff Bezos accused of ‘lying’ to Congress
Executives at Amazon, including the company’s founder Jeff Bezos, may have misled or lied to Congress about the firm’s business practices
According to top US lawmakers, the eCommerce giant executives may have forged the company’s business practices after presenting them to Congress. The members of the House Judiciary Committee now say they are considering referring Amazon “for criminal investigation”.
The claims follow an investigation by Reuters that stated Amazon copied products and rigged its search results in India to boost sales of its own brands .
Amazon strongly denies the allegations.
“Amazon and its executives did not mislead the committee, and we have denied and sought to correct the record on the inaccurate media articles in question,”
a spokesperson said.
On Monday, five members of the US House Judiciary Committee wrote to Amazon boss Andy Jassy, who took the top job from Jeff Bezos in July.
The lawmakers said “credible reporting” by Reuters and recent articles in other news outlets “directly contradicts the sworn testimony and representations of Amazon’s top executives – including former CEO Jeffrey Bezos”.
Investigations continue into Amazon
Since 2019, the House Judiciary Committee has been investigating competition in digital markets, including how Amazon uses third party seller data from its platform.
In sworn testimony before the Judiciary Committee’s anti-trust subcommittee in 2020, Jeff Bezos stated that Amazon “forbids” employees using data on individual sellers to benefit Amazon’s own-brand product lines.
Money
Markets in 2026: Fed rates, gold surge, oil tensions & AUD strength
As 2026 begins, markets face economic shifts; gold and silver soar, while energy and currencies impact global investors.
As 2026 begins, markets face economic shifts; gold and silver soar, while energy and currencies impact global investors.
As 2026 begins, global markets face a mix of economic shifts and geopolitical tensions shaping currencies, commodities, and interest rates. The Federal Reserve’s next moves are under the microscope, and Zoran Kresovic from Blueberry Markets says understanding these changes is key for investors navigating the year ahead.
Gold and silver are hitting all-time highs, driven by market volatility and economic uncertainty. Kresovic notes that both metals are likely to continue climbing, remaining essential safe-haven assets amid inflation concerns.
Energy markets are also volatile, with crude oil prices rising amid geopolitical tensions. Meanwhile, the Australian dollar is showing strength against the U.S. dollar. Kresovic highlights that these trends in energy and currency markets can ripple across the global economy, making them critical for investors to watch.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@UCiMroZIXuwlSh1r5wZdeU6Q
#MarketUpdate #FedRates2026 #GoldPrices #SilverSurge #CrudeOil #AUDUSD #InvestingInsights #TickerNews
Money
Stocks hit record high as Powell faces investigation and Trump proposes credit cap
S&P 500 hits all-time high amid Fed scrutiny; Trump’s credit card cap proposal raises investor concerns over bank profits.
S&P 500 hits all-time high amid Fed scrutiny; Trump’s credit card cap proposal raises investor concerns over bank profits.
The S&P 500 reached a new all-time high, with the Nasdaq climbing 0.5% while the Dow Jones held steady. This comes amid news of a criminal investigation into Federal Reserve Chair Jerome Powell. Despite the scrutiny, analysts believe short-term interest rates and inflation are unlikely to be impacted.
Meanwhile, Trump’s proposal to cap credit card rates at 10% for a year sparked concern among investors about potential effects on lending and bank profitability. Major bank stocks reacted sharply, with Citigroup down 3% and Capital One falling 6%.
In commodities, gold futures rose 2%, reflecting fears that political pressure on the Fed could challenge its ability to manage inflation effectively.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#StockMarket #SP500 #Nasdaq #FederalReserve #JeromePowell #TrumpNews #BankStocks #GoldFutures
Money
Big banks, inflation, and earnings: What to watch this week
Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.
Major banks and corporations report earnings this week, influencing market outlook and economic indicators ahead of 2026.
This week is packed with financial news as major banks and corporations release their earnings. JPMorgan, Wells Fargo, and Goldman Sachs will reveal their year-end results, offering insight into the health of the banking sector. CEO Jamie Dimon of JPMorgan has already highlighted uncertainty in the U.S. economy, making investors watch closely.
In addition to banking, Delta Air Lines and Taiwan Semiconductor will report, shedding light on consumer spending and tech industry trends. These corporate updates will help investors gauge the broader market performance heading into 2026.
All eyes are also on December’s inflation figures, alongside retail sales and new home sales data. These reports will be key indicators for the U.S. economy, impacting stocks, interest rates, and market sentiment.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#EarningsSeason
#InflationWatch
#StockMarket
#BigBanks
#TechStocks
#CorporateEarnings
#InvestingNews
#EconomicData
-
News1 day agoSendle shuts down, small businesses left scrambling
-
Ticker Views4 days ago
Viruses experts are watching in 2026
-
Crypto5 days ago
Morgan Stanley files for Bitcoin, Solana, and Ethereum ETFs
-
Tech5 days ago
Global memory chip shortage set to drive electronics prices higher
-
Crypto16 hours ago
Crypto climbs amid U.S. weakness and Iranian crisis
-
Money2 days ago
Boeing hits seven-year high in plane deliveries as demand soars
-
News2 days ago
UK, Canada and Australia consider banning Elon Musk’s X over AI risks
-
News3 days ago
Trump declares US ready to support Iranian protesters
