US stocks retreat from records as oil prices jump

Wall Street stocks retreated from records on Tuesday as markets weighed muted US inflation data, mixed bank earnings and a jump in oil prices.The US consumer price index rose 2.7 percent last month, the same rate as in November and in line with expectations.While the inflation report keeps alive the prospect of interest rate cuts by the Federal Reserve in 2026, US equities tripped into negative territory as Tuesday’s session progressed.All three major indices finished in the red, led by the Dow, which was weighed down by a more than four percent drop in JPMorgan Chase shares.Both the Dow and S&P 500 had finished at records on Monday.Chief Executive Jamie Dimon described the US economy as “resilient” but investment banking results lagged behind expectations and some analysts questioned the lender’s heavy capital spending plans.Shares of other banks and credit card companies have also been pressured by President Donald Trump’s call last week to cap credit card interest at 10 percent — one of several recent Trump statements that have caught markets off guard.”Trump said a lot of stuff” and the market is quite lost where to look at, said Pat Donlon of Fiduciary Trust Company.”It’s like around Liberation Day,” Donlon said, recalling Trump’s April 2025 announcement of sweeping tariffs that sparked market volatility. “We get these wild swings and are back living on Truth Social posts.”The price of oil surged around three percent as Trump announced steep tariffs on anyone trading with Iran, sparking expectations that the threat will restrict supplies of crude.”Supply concerns remained front and center after President Trump announced new tariffs on US imports from any countries trading with Iran, raising fears of further disruptions from one of OPEC’s largest producers,” said David Morrison, senior market analyst at Trade Nation, a financial services provider.”Iran’s domestic unrest, alongside escalating rhetoric around potential military action, added to the geopolitical premium,” he said.European stock markets finished the day little changed.Earlier Tuesday, Tokyo equities closed at a record high and the yen fell on speculation over a snap election in Japan which would allow Prime Minister Sanae Takaichi to capitalize on strong poll numbers.Takaichi was appointed Japan’s first woman prime minister in October and her cabinet enjoys an approval rating of around 70 percent.Seoul climbed 1.5 percent after South Korean chip giant SK hynix said it would spend 19 trillion won ($12.9 billion) building an advanced chip packaging plant, as the firm rides the global AI boom.- Key figures at around 2130 GMT -Brent North Sea Crude: UP 2.5 percent at $65.47 per barrelWest Texas Intermediate: UP 2.8 percent at $61.15 per barrelNew York – Dow: DOWN 0.5 percent at 49,191.99 (close)New York – S&P 500: DOWN 0.2 percent at 6,963.74 (close)New York – Nasdaq Composite: DOWN 0.1 percent at 23,709.87 (close)London – FTSE 100: FLAT at 10,137.35 (close)Paris – CAC 40: DOWN 0.1 percent at 8,347.20 (close)Frankfurt – DAX: UP 0.1 percent at 25,420.66 (close)Hong Kong – Hang Seng Index: UP 0.9 percent at 26,848.47 (close)Shanghai – Composite: DOWN 0.6 percent at 4,138.76 (close)Tokyo – Nikkei 225: UP 3.1 percent at 53,549.16 (close)Euro/dollar: DOWN at $1.1643 from $1.1667 on MondayPound/dollar: DOWN at $1.3426 from $1.3465Dollar/yen: UP at 159.15 yen from 158.14 yenEuro/pound: UP at 86.71  pence from 86.64 penceburs-jmb/iv

Le début du procès d’Elon Musk contre OpenAI et ses dirigeants fixé au 27 avril (tribunal)

Une juge fédérale d’Oakland (Californie) a fixé mardi au 27 avril la date de début du procès d’Elon Musk contre OpenAI et deux de ses dirigeants historiques, selon un document publié par le tribunal.L’entrepreneur accuse le patron Sam Altman et le président Greg Brockman d’avoir fait dévier la start-up d’intelligence artificielle (IA) de sa mission …

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La haute-commissaire à l’Enfance appelle les parents à vigilance face au jeu en ligne Roblox

La haute-commissaire à l’Enfance Sarah El Haïry appelle les parents à la vigilance face au jeu vidéo en ligne Roblox, prisé des adolescents et dont la messagerie est devenue un véritable “repaire de pédocriminels”.”Tout le monde parle beaucoup de TikTok, d’Instagram ou de Snapchat, et c’est bien parce que l’enjeu est là mais il l’est …

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Bill et Hillary Clinton refusent de comparaître au Congrès sur l’affaire Epstein

L’ex-président américain Bill Clinton a refusé de se présenter mardi au Capitole de Washington pour une audition parlementaire sur ses liens passés avec le criminel sexuel Jeffrey Epstein, s’exposant avec son épouse Hillary à des poursuites pour entrave au Congrès.”Il ne s’est pas montré aujourd’hui”, a regretté devant la presse James Comer, le chef républicain …

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“Continuez à manifester”, “l’aide est en route”, lance Donald Trump aux Iraniens

“Patriotes iraniens, continuez à manifester”: Donald Trump a encouragé mardi les manifestants en Iran à poursuivre leur mouvement et à renverser leurs institutions, promettant que “l’aide” arrivait.Le président américain a menacé plusieurs fois d’intervenir militairement depuis le début le 28 décembre du mouvement, l’un des plus vastes depuis la proclamation de la République islamique en 1979.La …

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Corée du Sud : la peine de mort requise contre l’ex-président Yoon pour son coup de force de 2024

Le parquet sud-coréen a requis mardi la peine de mort contre l’ex-président Yoon Suk Yeol, pour avoir tenté d’instaurer la loi martiale en décembre 2024.Les procureurs ont reproché à l’ancien chef d’Etat conservateur d’avoir mené une “insurrection” motivée par une “soif de pouvoir visant à instaurer une dictature”.Ils ont également accusé l’ex-dirigeant de 65 ans …

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US ends protection for Somalis amid escalating migrant crackdownTue, 13 Jan 2026 21:00:41 GMT

The United States said Tuesday it would end a special protected status for Somalis, telling them they must leave the country by mid-March under an escalating crackdown on the community. There is a large Somali community in Minnesota, the Midwestern state at the forefront of raids and searches by immigration officers, one of whom shot and killed …

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Trump tells Iranians ‘help on its way’ as crackdown toll soars

US President Donald Trump urged Iranians on Tuesday to keep protesting against the country’s theocratic leadership, telling them “help is on its way” as international outrage grows over a crackdown one rights group said has likely killed thousands.Iranian authorities insisted they had regained control of the country after successive nights of mass protests nationwide since Thursday that have posed one of the biggest challenges to the clerical leadership since it came to power in the 1979 Islamic revolution.Rights groups accuse the government of fatally shooting protesters and masking the scale of the crackdown with an internet blackout that has now surpassed the five-day mark.New videos on social media, whose location AFP verified, showed bodies lined up in the Kahrizak morgue just south of the Iranian capital, with the corpses wrapped in black bags and distraught relatives searching for loved ones.International phone links were restored on Tuesday, but only for outgoing calls, according to an AFP journalist, and the quality remained spotty, with frequent interruptions.Trump, who has repeatedly threatened Iran with military intervention, said Iranians should continue their nationwide protests, take over institutions and record the names of “killers and abusers”.”Iranian Patriots, KEEP PROTESTING,” Trump wrote on his Truth Social platform. “I have cancelled all meetings with Iranian Officials until the senseless killing of protesters STOPS. HELP IS ON ITS WAY.”It was not immediately clear what meetings he was referring to or what the nature of the help would be.European nations also signalled their anger, with France, Germany and the United Kingdom among the countries that summoned their Iranian ambassadors to protest what French Foreign Minister Jean-Noel Barrot called “state violence unquestioningly unleashed on peaceful protesters”.The European Union also summoned Iran’s ambassador in Brussels.”The rising number of casualties in Iran is horrifying,” said EU chief Ursula von der Leyen, vowing further sanctions against those responsible.- ‘In the thousands’ -The Norway-based NGO Iran Human Rights (IHR) said it had confirmed 734 people killed during the protests, including nine minors, but warned the death toll was likely far higher.”The figures we publish are based on information received from fewer than half of the country’s provinces and fewer than 10 percent of Iran’s hospitals. The real number of those killed is likely in the thousands,” IHR’s director Mahmood Amiry-Moghaddam said.Fears have also grown that the Islamic republic could use the death penalty to crack down on the protests, after Tehran prosecutors said Iranian authorities would press capital charges of “moharebeh”, or “waging war against God”, against some suspects arrested over recent demonstrations.”Concerns are mounting that authorities will once again resort to swift trials and arbitrary executions to crush and deter dissent,” Amnesty International said.IHR highlighted the case of Erfan Soltani, 26, who was arrested last week in the Tehran satellite city of Karaj and who, according to a family source, has already been sentenced to death and is due to be executed as early as Wednesday.Iranian state media has said dozens of members of the security forces have been killed, with their funerals turning into large pro-government rallies. Authorities have declared three days of national mourning for those killed.Authorities in Tehran have announced a mass funeral ceremony in the capital on Wednesday for the “martyrs” of recent days.Amir, an Iraqi computer scientist, returned to Baghdad on Monday and described dramatic scenes in Tehran.”On Thursday night, my friends and I saw protesters in Tehran’s Sarsabz neighbourhood amid a heavy military presence. The police were firing rubber bullets,” he told AFP in Iraq.- ‘Last days’ -The government on Monday sought to regain control of the streets with mass nationwide rallies that supreme leader Ayatollah Ali Khamenei hailed as proof that the protest movement was defeated, calling them a “warning” to the United States. In power since 1989 and now aged 86, Khamenei has faced significant challenges, most recently the 12-day war in June against Israel, which resulted in the killing of top security officials and forced him to go into hiding.”When a regime can only hold on to power through violence, then it is effectively finished,” said German Chancellor Friedrich Merz during a trip to India. “I believe that we are now witnessing the last days and weeks of this regime.”Analysts, however, have cautioned that it is premature to predict the immediate demise of the theocratic system, pointing to the repressive levers the leadership controls, including the Revolutionary Guard Corps, which is charged with safeguarding the Islamic revolution.”These protests arguably represent the most serious challenge to the Islamic republic in years, both in scale and in their increasingly explicit political demands,” Nicole Grajewski, professor at the Sciences Po Centre for International Studies in Paris, told AFP.She said it was unclear if the protests would unseat the leadership, pointing to “the sheer depth and resilience of Iran’s repressive apparatus”.

Trump tells Iranians ‘help on its way’ as crackdown toll soars

US President Donald Trump urged Iranians on Tuesday to keep protesting against the country’s theocratic leadership, telling them “help is on its way” as international outrage grows over a crackdown one rights group said has likely killed thousands.Iranian authorities insisted they had regained control of the country after successive nights of mass protests nationwide since Thursday that have posed one of the biggest challenges to the clerical leadership since it came to power in the 1979 Islamic revolution.Rights groups accuse the government of fatally shooting protesters and masking the scale of the crackdown with an internet blackout that has now surpassed the five-day mark.New videos on social media, whose location AFP verified, showed bodies lined up in the Kahrizak morgue just south of the Iranian capital, with the corpses wrapped in black bags and distraught relatives searching for loved ones.International phone links were restored on Tuesday, but only for outgoing calls, according to an AFP journalist, and the quality remained spotty, with frequent interruptions.Trump, who has repeatedly threatened Iran with military intervention, said Iranians should continue their nationwide protests, take over institutions and record the names of “killers and abusers”.”Iranian Patriots, KEEP PROTESTING,” Trump wrote on his Truth Social platform. “I have cancelled all meetings with Iranian Officials until the senseless killing of protesters STOPS. HELP IS ON ITS WAY.”It was not immediately clear what meetings he was referring to or what the nature of the help would be.European nations also signalled their anger, with France, Germany and the United Kingdom among the countries that summoned their Iranian ambassadors to protest what French Foreign Minister Jean-Noel Barrot called “state violence unquestioningly unleashed on peaceful protesters”.The European Union also summoned Iran’s ambassador in Brussels.”The rising number of casualties in Iran is horrifying,” said EU chief Ursula von der Leyen, vowing further sanctions against those responsible.- ‘In the thousands’ -The Norway-based NGO Iran Human Rights (IHR) said it had confirmed 734 people killed during the protests, including nine minors, but warned the death toll was likely far higher.”The figures we publish are based on information received from fewer than half of the country’s provinces and fewer than 10 percent of Iran’s hospitals. The real number of those killed is likely in the thousands,” IHR’s director Mahmood Amiry-Moghaddam said.Fears have also grown that the Islamic republic could use the death penalty to crack down on the protests, after Tehran prosecutors said Iranian authorities would press capital charges of “moharebeh”, or “waging war against God”, against some suspects arrested over recent demonstrations.”Concerns are mounting that authorities will once again resort to swift trials and arbitrary executions to crush and deter dissent,” Amnesty International said.IHR highlighted the case of Erfan Soltani, 26, who was arrested last week in the Tehran satellite city of Karaj and who, according to a family source, has already been sentenced to death and is due to be executed as early as Wednesday.Iranian state media has said dozens of members of the security forces have been killed, with their funerals turning into large pro-government rallies. Authorities have declared three days of national mourning for those killed.Authorities in Tehran have announced a mass funeral ceremony in the capital on Wednesday for the “martyrs” of recent days.Amir, an Iraqi computer scientist, returned to Baghdad on Monday and described dramatic scenes in Tehran.”On Thursday night, my friends and I saw protesters in Tehran’s Sarsabz neighbourhood amid a heavy military presence. The police were firing rubber bullets,” he told AFP in Iraq.- ‘Last days’ -The government on Monday sought to regain control of the streets with mass nationwide rallies that supreme leader Ayatollah Ali Khamenei hailed as proof that the protest movement was defeated, calling them a “warning” to the United States. In power since 1989 and now aged 86, Khamenei has faced significant challenges, most recently the 12-day war in June against Israel, which resulted in the killing of top security officials and forced him to go into hiding.”When a regime can only hold on to power through violence, then it is effectively finished,” said German Chancellor Friedrich Merz during a trip to India. “I believe that we are now witnessing the last days and weeks of this regime.”Analysts, however, have cautioned that it is premature to predict the immediate demise of the theocratic system, pointing to the repressive levers the leadership controls, including the Revolutionary Guard Corps, which is charged with safeguarding the Islamic revolution.”These protests arguably represent the most serious challenge to the Islamic republic in years, both in scale and in their increasingly explicit political demands,” Nicole Grajewski, professor at the Sciences Po Centre for International Studies in Paris, told AFP.She said it was unclear if the protests would unseat the leadership, pointing to “the sheer depth and resilience of Iran’s repressive apparatus”.