Verizon said it would offer a $20 credit to customers affected by Wednesday’s service interruption

Shale billionaire Harold Hamm said oil companies need guarantees their assets won’t someday be seized by Venezuela if they help revive the nation’s crude production

November PPI #inflation +3% y/y vs. +2.7% prior … ex-food and energy +3% vs. +2.6% prior

CPI Select Food at Home Items (3M Annualized Percent Change)

To say it's an interesting week for the Fed is an understatement Source: @business

On January 9, the GDPNow model nowcast of real #GDP growth in Q4 2025 is 5.1%: https://t.co/T7FoDdgYos. #ATLFedResearch Download our EconomyNow app or go to our website for the latest GDPNow nowcast: https://t.co/NOSwMl7Jms.

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There were 7.15 million job openings counted in November, the lowest in more than a year (The 3-month moving average was little changed at 7.42 million.) There were 0.91 job vacancies for every worker counted as unemployed in November, the lowest V-U ratio since March 2021

Financial conditions keep loosening as investors get excited about the potential for both fiscal and monetary stimulus this year. Yields on junk bonds have fallen to the lowest since 2022, despite bankruptcies starting to creep higher:

Almost no rigs are operating in Venezuela as it’s been nearly impossible to bring on additional capacity given Venezuela’s infrastructure issues; if you can’t get product to market, it doesn’t really matter if you have it; there is simply no way of reliably getting it to market

Venezuela acting president seeks US govt collaboration https://t.co/z67RE38hym

US auto sales defy regulatory uncertainty to rise 2% in 2025 https://t.co/ijneA6Mtv5

How to shake up Canada’s banking oligopoly has become a hot topic in Ottawa. That’s one reason this will be a big year for some smaller financial firms, Christine Dobby writes in the Bay Street Edition newsletter.

In all, respondents expect a mean of 9% of typical client portfolios invested in alternatives next year.

Walmart appeared to experience an outage, leaving thousands of customers unable to access the retailer’s mobile app and website

Apollo's Torsten Slok points out that foreign demand for US assets was more robust in 2025 than in 2024, despite fears of a mass exodus from the dollar. https://t.co/npjsyMEu3f

For the likes of Blackstone and KKR, a multibillion-dollar opportunity beckons from Canada

Target faces activist investor pressure amid sales decline, FT reports https://t.co/NgURvAVv3Y

Per @redfin, there were an estimated 37.2% more home sellers than buyers in the U.S. housing market in November ... aside from this summer, that is the largest gap in records dating back to 2013

From the Q3 GDP report: Real final sales to private domestic purchasers, a gauge of underlying demand, advanced at a 3.0% annual rate, the strongest gain in a year.