Gold and Silver Storm to Records as Fed Hit With DOJ Subpoenas

Jan 12, 2026 | Markets

Gold and silver climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns about the central bank’s independence. The yellow metal spiked above $4,600 an ounce, while...

‘Sell America’ Trade Is Revived by Trump’s Latest Fed Attack

Jan 12, 2026 | Markets

“Sell America” sentiment rippled through markets on Monday after the Trump administration escalated its attacks on the Federal Reserve, fanning concerns over the central bank’s autonomy in setting interest rates. The dollar, Treasuries and US equities futures slid...

Abercrombie Tumbles as Holidays Fail to Deliver for Mall Stores

Jan 12, 2026 | Markets

Abercrombie & Fitch Co. shares sank after holiday sales disappointed investors, helping spark a selloff in retail stocks. The New Albany, Ohio-based company didn’t raise its outlook and now expects fourth-quarter sales growth of around 5%, the mid-point of its...

Discounter Five Below Has Robust Holiday as Shoppers Seek Deals

Jan 12, 2026 | Markets

Five Below Inc. boosted its sales forecast beyond Wall Street estimates after reporting a banner holiday shopping season. The discount chain now sees comparable sales for the fourth quarter rising about 14.5%, roughly doubling a previous outlook. Analysts on average...