Personal Loan Rates Show Stability in Early 2026
Bankrate data shows average personal loan rates at 12.19% as of Jan. 14, 2026, with LightStream offering the lowest rate at 6.24%. Rates vary by lender type and borrower credit.
TSMC Reports Record Profit and Expands US Manufacturing Amid AI Boom
TSMC announced a record quarterly profit, forecast strong growth, and detailed plans to expand its US manufacturing capacity, including a fourth Arizona factory.
Oracle Stock Rebounds as OpenAI Developments Fuel Optimism
Oracle shares have recovered from a steep decline, trading at 30 times forward P/E. OpenAI's expansion into healthcare and potential 2026 funding are seen as positive for Oracle's massive AI data center contracts.
US Stocks Close Lower Amid Geopolitical Tensions and Tech Weakness
US stock indexes fell Wednesday, with the S&P 500 and Nasdaq 100 hitting 1.5-week lows. Chip makers and major tech stocks declined, while geopolitical risks rose. Oil and precious metals surged. Stocks partially recovered after a positive Fed report and strong economic data.
Ferrari Faces Critical Test with First Electric Model in 2026
Ferrari enters 2026 with strong brand and margins but must prove its luxury discipline and emotional appeal can survive electrification, pricing shifts, and capital investments.
Disabled Father Struggles as Rent Consumes Nearly All His Monthly Income
A woman describes her father's empty fridge and his reluctance to accept help as his $750 rent leaves little from his $1,000 disability check.
SK Hynix Accelerates Factory Openings Amid Surging AI Memory Demand
SK Hynix will open a new Yongin factory three months early in February 2027 and start operating another plant next month to produce HBM chips for AI, as CEO Sungsoo Ryu cites 'tremendous' demand.
Banks Finance Major Renewable Energy Portfolio in Spain
NORD/LB, Rabobank, and Siemens Bank provide €135 million for a 199-MW wind and solar portfolio in Aragón, Spain, acquired by ENCAVIS. The projects are operational or starting soon.
Interactive Brokers Founder Sees Growth in Prediction Markets Amid Midterm Bets
Thomas Peterffy expects ForecastEx to accelerate growth in 2026, driven by U.S. midterm election betting. He discusses integration plans, market optimism, and regulatory changes, while also commenting on Fed independence and credit card rate caps.
Bilt Launches New Low-Interest Credit Cards Amid Affordability Concerns
Bilt introduces three new credit cards with rates capped at 10% for the first year, including a premium option, as CEO Ankur Jain cites affordability needs. The launch follows President Trump's call for interest rate limits.
Duolingo Stock Plummets After Mid-Year Peak
Duolingo stock surged in early 2025 but fell sharply by year-end despite strong earnings, as investors reacted to AI competition and a shift toward user growth.
Alphabet and Apple Forge AI Partnership Shifting Market Dynamics
Alphabet and Apple signed a multi-year AI deal on Jan. 12, 2026, integrating Google's Gemini into Apple devices, sparking immediate market reactions and analysis from a recent livestream.
Home Equity Rates Hit Three-Year Low as Major Lender Revives Promotions
HELOC rates dropped sharply to 7.44%, a three-year low, after a major lender resumed promotions. Analyst Ted Rossman notes a volatile two-week period and a general falling-rate environment.
Wall Street Slips as Tech and Bank Stocks Retreat Amid Earnings and Inflation Data
US stocks fell Wednesday with tech and bank shares declining. Inflation data showed sticky prices, metals surged to records, and the Supreme Court delayed a tariff ruling.
Trump Proposes 10 Percent Credit Card Rate Cap Amid Banker Opposition
President Trump calls for a one-year 10% cap on credit card rates, drawing criticism from bankers who warn it could restrict credit access. Details are expected in his upcoming Davos speech.