The labor market is stagnant, if not in free fall, but one field stands out as an auspicious one for job seekers, according to Indeed.com.
The big picture: Seven of 2026's top 10 jobs — considering factors like availability, pay and wage growth — are in health care, according to the website's report published on Tuesday.
The probe into Federal Reserve Chair Jerome Powell comes as the Supreme Court is weighing just how strong President Trump's grip on independent agencies can get.
The big picture: Trump has taken significant steps to reshape the federal bureaucracy to his liking, but the Fed has eluded him. However, the Supreme Court is set to hear a pair of cases — that of Fed governor Lisa Cook and fired Federal Trade Commissioner Rebecca Slaughter — that could expand the president's power to fire.
The Federal Reserve's modus operandi through years of attacks from President Trump has been straightforward: Head down, do your job, don't get sucked into counterattacks.
Fed chair Jerome Powell tossed that playbook aside in responding forcefully to the prospect of criminal charges over his stewardship of the Fed's building renovation.
The big picture: Some 36 hours after the shocking news broke, the strategy is working. Trump allies within the administration and on Capitol Hill are distancing themselves from a potential Powell prosecution.
Grocery prices rose at the fastest pace in three years, keeping pressure on household budgets even as overall inflation held steady in December.
Why it matters: The jump in costs highlights the challenge for the White House in the lead-up to midterm elections. Broad inflation relief is little consolation for Americans if they aren't seeing it reflected in grocery bills.
China's government last week confirmed that it will review Meta's $2.5 billion acquisition of Manus AI, whose core team last year relocated from China to Singapore.
Why it matters: This could signal an end to "Singapore-washing," a strategy that's helped a number of Chinese tech companies secure foreign investment and commercial contracts.
WebAI, an Austin, Texas-based sovereign AI platform, raised "high double-digit" millions of dollars at a $2.5 billion pre-money valuation, it tells Axios.
Why it matters: The idea is to run AI directly on devices, bypassing the cloud, for the sake of increased privacy, performance, and energy efficiency.
Inflation held at a four-year low in December, the government said on Tuesday.
Why it matters: The data comes as the White House attempts to address consumers' affordability concerns that have weighed on President Trump's approval rating.
Many of the world's top central bankers rallied behind Federal Reserve chair Jerome Powell on Tuesday, issuing a rare joint defense after the Trump administration opened a criminal investigation into him.
Why it matters: The banking establishment fearsTrump's pressure campaign against Powell could destabilize the global economy. If America's central bank loses credibility, every part of the economy — mortgage rates, grocery bills, wages — could suffer.
Threats to Fed independence, a $200 billion mortgage bond purchase, a possible cap on credit-card interest rates and more didn't stop stocks from hitting records.
Why it matters: The fire hose of policy from Washington hasn't shaken investors, yet, who are happy to keep their eyes on the AI prize.
