Latest
Chronological wire record. Latest transmission first.
Traders brace for a big Microsoft move as earnings put Azure growth and AI spending in focus
Microsoft’s quarterly results are expected to spotlight Azure growth and the scale of AI infrastructure spending. Options markets imply a sizeable post-earnings swing as investors weigh strong demand against rising costs.
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Short-handed Suns hold off Nets 106-102 as late scuffle breaks out in Phoenix
Phoenix beat Brooklyn 106-102 behind Mark Williams and Dillon Brooks in a game that featured a fourth-quarter scuffle and multiple technical fouls. The Suns were without key players but closed strong down the stretch.
Markets hold steady ahead of the Fed decision as Big Tech earnings loom
U.S. stock futures were little changed to higher as investors waited for the Federal Reserve’s interest-rate announcement and a busy slate of results from tech giants. Attention is also on gold’s rally, bitcoin’s moves and fresh signals about AI spending.
Ilhan Omar sprayed with unidentified liquid at Minneapolis town hall, Guardian reports
Security intervened after a man sprayed Rep. Ilhan Omar with an unknown substance during a town hall in Minneapolis. Omar was not injured, and authorities had not publicly identified the liquid or announced charges at the time of reporting.
South Carolina measles outbreak rises to 211 cases, Reuters reports, with quarantine timeline extending to Jan. 28
South Carolina’s health department reported 211 measles cases linked to an outbreak in the state’s northwest, with most infections among unvaccinated people. The update included dozens of people in quarantine or isolation, with the latest end-of-quarantine date set for Jan. 28.
Pistons edge Nuggets 109-107 in Denver as Tobias Harris seals it at the line
Detroit held off a late Denver push, winning 109-107 on Tuesday night as Tobias Harris hit two free throws with two seconds left. Cade Cunningham posted 22 points and 11 assists, while Jamal Murray’s late free-throw misses loomed large for the injury-hit Nuggets.
U.S. approves case-by-case exports of Nvidia H200 GPUs to China under new testing and supply conditions
The U.S. Department of Commerce has approved exports of Nvidia’s H200 GPUs to China, but with tighter guardrails: third-party lab testing, case-by-case licensing, caps tied to U.S. customer volume, and requirements that buyers demonstrate security controls and non-military use.
Rafah crossing could reopen in coming days under evolving Gaza ceasefire framework, AP explains
Hopes of limited movement through the Rafah crossing have risen as U.S.-brokered ceasefire efforts continue. The crossing, largely shut since Israel seized it in May 2024, could reopen for pedestrian travel with strict screening and small daily caps focused on medical evacuations, while goods traffic remains restricted.
Markets brace for Fed decision as Big Tech earnings loom and Amazon unveils another sweeping round of layoffs
U.S. investors headed into Jan. 28 focused on the Federal Reserve’s expected rate hold and what Chair Jerome Powell may signal about inflation and jobs. A packed earnings slate led by Tesla, Microsoft and Meta added to the stakes, while Amazon prepared its biggest job cuts on record and China reportedly cleared major firms to order Nvidia’s H200 AI chips.
Medicare targets Botox and 14 other drugs for next round of price negotiations, KFF Health News reports
CMS has identified 15 drugs—including Botox and diabetes medication Trulicity—for Medicare price negotiations that will set prices for 2028. The selection extends a program created by the Inflation Reduction Act, with negotiations aimed at some of the costliest medicines for Medicare.
Study warns CDC data gaps after nearly half of key surveillance databases paused or delayed updates in 2025
Researchers report that many CDC surveillance datasets that previously updated routinely stopped or slowed in 2025, with vaccination-related information disproportionately affected. Public health leaders say the gaps could delay outbreak detection and weaken trust in federal health guidance.
Israel identifies remains of final hostage in Gaza as ceasefire enters a tougher phase
Israel says it has recovered and identified the remains of the last hostage held in Gaza, ending a symbolically painful chapter after more than two years of war. The development clears a key hurdle in the ceasefire’s first phase, but the next steps—border access, reconstruction, and security arrangements—remain highly contentious.