Trump Commerce Sec. Lutnick admits visiting Epstein island during family vacation

Lutnick is facing bipartisan calls to resign following the release of records showing his relationship with Epstein was more extensive than previously known.
GOP Sen. Johnson slams Dems’ ‘obnoxious’ judicial warrant demand as another shutdown looms

The Wisconsin senator warned the Federal Emergency Management Agency and Transportation Security Administration would be defunded if DHS appropriations lapse.
JPMorgan says the historic software selloff has gone far enough. 10 stocks to buy on sale

The Wall Street bank called Snowflake and Microsoft high-quality stocks that are more resilient than others to artificial intelligence threats.
Property Play: How this French building behemoth wants to solve the U.S. housing dilemma

Saint-Gobain is focusing on speed and affordability in construction through materials, assembly and other tools, according to North America CEO Mark Rayfield.
Michael Saylor downplays Strategy credit risk as bitcoin tumbles: ‘We’ll refinance the debt’

Strategy plans to continue refinancing its debt and buying bitcoin, even as the token tumbles, CEO Michael Saylor said Tuesday on CNBC’s “Squawk Box.”
Kalshi says Super Bowl trading volume surpassed $1 billion

Kalshi CEO Tarek Mansour said Tuesday that the platform’s Super Bowl trading volume exceeded $1 billion, up 2,700% year-over-year.
UBS downgrades U.S. IT sector despite a recovery. It gave 3 reasons why

UBS revised its outlook on U.S. IT stocks on Tuesday and struck a more cautious tone as the company warned of ‘mixed investor reactions’ to the sector.
Spotify pops 14% on strong user growth, earnings beat

Spotify’s stock popped as the music streaming platform reported strong monthly average user growth and said it had its best “Spotify Wrapped” ever.
Paramount sweetens WBD bid, but stops short of raising its per-share value

Paramount has sweetened its offer for Warner Bros. Discovery, adding a so-called “ticking fee” to signal regulatory confidence among other new elements.
Disappointing holiday season: December retail sales were flat, falling well short of estimate

Consumer activity slowed sharply for the December holiday shopping season.