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CNBC World NewsJan 12, 2026
Asia-Pacific markets trade mixed as investors weigh Iran tensions, Fed chair Powell's investigation
Investors will be keeping an eye on oil prices as protests continue in Iran and U.S. President Donald Trump reportedly is weighing options to intervene.

CBC Top StoriesJan 11, 2026
U.S. federal reserve chair says justice department has threatened him with criminal indictment
U.S. Federal Reserve Chair Jerome Powell said on Sunday the Trump administration had threatened him with a criminal indictment and served grand jury subpoenas over ?Congressional testimony he gave last summer regarding a Fed building renovation project.



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Federal Prosecutors Open Investigation Into Fed Chair Powell (Int'l Herald Tribune)

CNBC World NewsJan 11, 2026
Fed Chair Powell says he's under criminal investigation, won't bow to Trump intimidation
President Donald Trump has criticized Federal Reserve chief Jerome Powell for not cutting interest rates as much and as quickly as the president wants.

BBC News Front Page | WorldJan 11, 2026
US justice department opens criminal probe into Fed chair Jerome Powell
Powell called the probe "unprecedented" and came after his refusal to lower interest rates after demands by Donald Trump.
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