My back-to-work morning practice reads:
• Peter Navarro: ‘There’s No Softening on China’ Trump’s longtime commerce adviser discusses tariffs, doing enterprise with Beijing, and the Supreme Courtroom case that would outline his legacy. (Bloomberg free)
• US prosecutors launch felony investigation into Federal Reserve’s Jay Powell: Central financial institution chair says grand jury subpoenas are retaliation for refusal to bow to demand to chop rates of interest. (Monetary Occasions) see additionally U.S. Prosecutors Are Investigating Fed Chair Jerome Powell: A felony probe seems at his testimony to Congress over central financial institution renovations. (Wall Road Journal)
• How Google Obtained Its Groove Again and Edged Forward of OpenAI: After ChatGPT dominated early chatbot market, Google staged comeback with highly effective AI mannequin; greatest search-engine overhaul in years. (Wall Road Journal)
• The Yr of the $100 Million Home: For the primary time ever, each luxurious property on the record of 2025’s 10 greatest gross sales traded at 9 figures or extra (Wall Road Journal)
• Ten Classes the Market Taught Us in 2025. Classes the Market Taught Us in 2025 (Larry’s Substack) see additionally Even Warren Buffett couldn’t hold beating the market with out fail. Right here’s why.Would you’ve got invested in Berkshire Hathaway inventory initially of Buffett’s profession? (Marketwatch)
• It’s Considered one of America’s Most Profitable Experiments, and It’s Coming to an Finish. Amid an astonishing wave of anti-Indian animus, it’s a query many Indian People are asking. In its crudest type, principally expressed on social media, this antipathy reveals up as gutter racism and non secular bigotry — an limitless stream of invective declaring that Indians have low I.Q.s, worship devils, cheat their approach into the nation and commit horrible crimes. (New York Occasions)
• Greater than 10% of Congress received’t return to their seats after 2026: Greater than a tenth of the present Congress has now indicated they won’t return to their seats after the 2026 midterms, pushed by redistricting, retirements and lawmakers operating for various places of work. (NPR)
• Cuba Is Already on the Brink. Maduro’s Ouster Brings It Nearer to Collapse. Cubans speculating about whether or not their authorities might be subsequent to fall, with essential Venezuelan oil imports now in jeopardy. (Wall Road Journal)
• We’re all le Carré’s individuals now: Look into his wilderness of mirrors and see our personal world mirrored throughout. (New Statesman)
• Tutorial Guide for Good Writerly Follow: An Interview with Rob Mclennan (Cleveland Evaluation of Books)
Be sure you take a look at our Masters in Enterprise interview this weekend with Ben Hunt, founding father of Perscient, a agency that research how narratives and tales form markets, investing, and social habits by the lens of data idea, sport idea, and unstructured information evaluation. His work analyzes the language, story arcs, and viral unfold of explanations in media.
Wells Fargo’s financial chart of the 12 months

Supply: @MylesUdland
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