• Iranians Tap Musk's Starlink to Skirt Internet Blackout
  
  Some Iranians are still using Elon Musk's Starlink satellite internet service despite a nationwide communications blackout, three people inside the country said, the latest example of Starlink being used to counter internet shutdowns in geopolitical flashpoints.
• Sen. Thune: Investigation of Fed Chair Better Be Real
  
  Senate Majority Leader John Thune, R-S.D., says the criminal investigation into Federal Reserve Chair Jerome Powell must not do anything to harm the central bank's independence.
• Speaker Rejects Weaponization Claims in Powell Probe
  
  House Speaker Mike Johnson, R-La., on Monday rejected claims that the Justice Department is being "weaponized" after it opened a criminal investigation into Federal Reserve Chair Jerome Powell, saying the probe should be allowed to run its course.
• Trump Orders 25% Tariff on Any Country Doing Business With Iran
  
  President Donald Trump wrote on Truth Social that "effective immediately, any country doing business with the Islamic Republic of Iran will pay a tariff of 25% on any and all business being done with the United States of America."The Truth Social post amounts to a new form...
• Banks: Trump's Credit Card Rate Cap Will Hurt Consumers
  
  U.S. banks and financial institutions Monday pushed back against President Donald Trump's proposed cap on credit card interest rates, citing new data that showed it would result in millions of American households and small businesses losing access to credit.
• Citigroup to Cut 1,000 Jobs This Week
  
  Citigroup is preparing to cut about 1,000 jobs this week, the latest step in Chief Executive Jane Fraser's multiyear effort to slim down the sprawling Wall Street bank, rein in costs and improve returns after years of underperformance, Bloomberg reports.
• Meta to Lay Off 10% of Reality Labs Workforce
  
  Meta is preparing another round of job cuts - this time aimed squarely at the division that once embodied Chief Executive Mark Zuckerberg's boldest bet on the future of the internet.
• Wall Street Indexes Finish Higher With Tech, Walmart
  
  The S&P 500 and Dow registered record closing highs Monday, with shares of technology companies and retailer Walmart gaining and as investors mostly brushed aside concerns about the U.S. Justice Department's criminal investigation of Federal Reserve Chair Jerome...
• Google, TikTok & Roblox: A Wake-Up Call for Parents
  
  American parents are no longer grappling with a hypothetical issue. They are confronting a disturbing reality that is well-documented and increasingly hard to ignore. Major digital platforms that children frequently engage with are exposing them to sexual content,...
• Energy Firms Go to Court as Trump Says US Won't Approve Windmills
  
  Three energy developers are in court this week challenging the Trump administration's freeze of their offshore wind projects, while President Donald Trump says his goal is to not let any "windmills" be built.
• Leavitt: Trump Did Not Order DOJ Probe of Fed's Powell
  
  President Donald Trump did not direct Justice Department officials to investigate Federal Reserve Chairman Jerome Powell, White House press secretary Karoline Leavitt said Monday.
• Gas Cars Are Back in the US and Europe
  
  EV-only is collapsing.
• Trump: Ruling Against Tariffs Would Be Disastrous
  
  The Supreme Court is set to rule on the authority of President Donald Trump's national security and trade-related tariffs, but Trump warned that U.S. national security would be "screwed" if the tariffs were unwound.
• Bessent to Trump: Powell Probe Could Rattle Markets
  
  Treasury Secretary Scott Bessent warned President Trump that the federal investigation into Federal Reserve Chair Jerome Powell has already "made a mess" and risks unsettling financial markets, Axios reports.
• WH: 43 States Have Gas Under $3 Per Gallon
  
  Gasoline prices across the U.S. have fallen sharply, with the White House announcing that 43 states have average pump prices below $3 per gallon, marking one of the broadest stretches of low fuel costs in recent years.
• US Dramatically Reduces Trade Deficit
  
  The U.S. economy managed to drastically reduce its trade deficit in October of last year.
• Scott Bessent: 10% of US Budget Stolen Annually
  
  The U.S. government wastes hundreds of billions of dollars annually, says Treasury Secretary Scott Bessent. In an interview with journalist Christopher Rufo that premiered Sunday, Bessent said federal "waste, fraud, and abuse" totals $300 billion to $600 billion a year.
• US-Taiwan Trade Deal Close, Cutting Tariffs to 15%
  
  The Trump administration is reportedly finalizing a trade agreement with Taiwan that would cut U.S. tariffs on the island's exports to 15% and secure a major expansion of semiconductor manufacturing in the United States.
• Apple Turns to Gemini AI to Power Siri, AI Products
  
  Apple is turning to Google's Gemini artificial intelligence models to power the next generation of Siri and other AI-driven features across its products, marking a major shift for the iPhone maker as it ramps up its long-awaited push into generative AI, CNBC reports.
• Sen. Tillis Vows to Block Fed Picks After Powell Probe
  
  Sen. Thom Tillis, R-N.C., is threatening to block all of President Donald Trump's Federal Reserve chair nominees amid a federal investigation into current Chair Jerome Powell.
• New Fed Chair May Not Grant Trump Lower Rates
  
  President Trump may be able to appoint a loyalist to chair the Federal Reserve Board, but that doesn't guarantee he'll get meaningfully lower interest rates.The Fed can only control short-term interest rates, most notably the federal funds rate-the rate banks charge each...
• Paramount Sues Warner Over Netflix Bid
  
  Paramount is escalating its high-stakes bid for Warner Bros. Discovery, taking the fight from the boardroom to the courtroom as millions of Americans watch closely-many of them subscribers to both Netflix and Warner-owned platforms, The Hollywood Reporter reports.
• Hochul Eyes Higher Power Rates for N.Y. Data Centers
  
  Gov. Kathy Hochul is proposing to make artificial intelligence companies and large data centers pay more for electricity in New York, arguing their fast-growing power needs are straining the grid and helping drive higher utility bills.
• Mattel Unveils First Autistic Barbie
  
  Mattel Inc. on Monday is rolling out its first Barbie designed to represent autism, the latest addition to the company's Barbie Fashionistas lineup aimed at showcasing a wider range of abilities, appearances, and medical conditions.
• $80B Legislation to Fund Security, Financial Services
  
  Seeking to avoid another crippling government shutdown and moving closer to the goal of passing 12 separate appropriations bills, the House Appropriations Committee has released text of proposed legislation combining roughly $75 billion to $80 billion in discretionary spending.

More Street Talk Stories