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Israel said it recovered and identified the remains of Ran Gvili, described as the last hostage held in Gaza, ending a long and symbolic countdown for families gathered in Tel Aviv. The development closes one chapter of grief while setting up more contentious talks over the next steps in a fragile ceasefire.
Micron said it broke ground on a new advanced wafer fabrication facility in Singapore as part of an investment plan of roughly $24 billion over the next decade. The company says the capacity will help meet rising demand for NAND memory tied to AI and data-centric applications, with output targeted for the second half of 2028.
U.S. stock futures were mixed early Tuesday as chipmakers rallied on new investment headlines while major health insurers dropped after a proposed Medicare payment update for 2027 came in far below expectations. Investors are also bracing for a Federal Reserve rate decision scheduled for Wednesday.
Markets are bracing for the Federal Reserve’s first policy decision of 2026, with investors widely expecting no change in rates. The meeting arrives as Chair Jerome Powell faces a Justice Department probe and the White House is expected to move toward naming a successor before his term ends in May.
Political fallout intensified after the killing of Alex Pretti in Minneapolis during a federal immigration operation, with calls for accountability and leadership changes. Meanwhile in Washington, a partial government shutdown loomed as Senate Democrats resisted backing a funding bill tied to DHS and ICE money.
Donovan Mitchell scored 45 points to lead Cleveland past Orlando as the NBA juggled timing and travel around severe winter weather. The storm also contributed to early starts and unusual rest decisions across the league, underscoring how scheduling can affect competitive balance in January.
Israel said it recovered and identified the remains of Ran Gvili, described as the final hostage held in Gaza, bringing a symbolic end to a long national ordeal. Attention now shifts to the next phase of a U.S.-brokered ceasefire and whether border and reconstruction steps can proceed.
Nvidia introduced a suite of AI models designed to speed up weather prediction dramatically compared with traditional physics-based simulations. The tools, presented at a major meteorological conference, point to a broader push for domain-specific AI that can be used by governments, researchers, and businesses.
Markets are widely braced for the Federal Reserve to hold rates steady at its first meeting of 2026. But the policy outlook is now tangled with political pressure and a Justice Department probe into Chair Jerome Powell over testimony related to Fed building renovations.
Thousands of Kaiser Permanente nurses and other health professionals walked off the job in an open-ended strike spanning California and Hawaii. The union says staffing and access problems are harming patient care; Kaiser says it has offered substantial raises and is implementing contingency plans to keep facilities open.
The Trump administration removed a Border Patrol commander from Minnesota after the fatal shooting of ICU nurse Alex Pretti by federal agents, a case that has prompted protests and renewed scrutiny of immigration enforcement tactics. Court filings in a separate incident also alleged warrantless detention and transport of a toddler and her father.
U.S. stock futures were choppy as health insurers slid on a proposed 2027 Medicare payment update and fresh scrutiny of Medicare Advantage. Meanwhile, chip shares helped lift the Nasdaq, and traders turned their focus to the Federal Reserve’s first policy decision of 2026.