
Latest Finance-Economy News
Gold and Silver Prices Plunge on Russia-US Dollar Pivot Reports
Gold fell over 3.5% to under $5,000/oz and silver dropped nearly 10% below $76/oz after reports of Russia considering a return to US dollar settlements for economic cooperation with the US. The proposal includes joint fossil fuel production, natural gas infrastructure, and offshore oil partnerships, rattling de-dollarization bets.
Markets lost $3.2 trillion in value within an hour as investors repositioned portfolios.
White House Urges JPMorgan Chase to Cap Credit Card Rates
The White House, via advisor Peter Navarro, demanded JPMorgan CEO Jamie Dimon lower credit card rates from 22-30%, calling them criminal amid affordability concerns. This aligns with President Trump’s push for a 10% interest rate cap, opposed by banks fearing reduced credit availability.
The move targets voter priorities on cost-of-living ahead of midterms.
Pre-Market Earnings: Enbridge (ENB) Expected at $0.60 EPS
Enbridge Inc. (ENB) reports Q4 2025 earnings pre-market with consensus EPS forecast of $0.60, up 13.21% year-over-year, though it missed prior quarter by -15.38%. Zacks notes ENB's 2025 P/E ratio at 24.09 vs. industry 20.30, suggesting higher earnings growth.
Investors await results from the oil pipeline giant.
TC Energy (TRP) Among Key Pre-Market Reporters Today
TC Energy (TRP) is set to report earnings before market open on February 13, 2026, as part of major listings including ENB, CCJ, and others. Details on TRP's specific EPS forecast unavailable in previews, but sector focus on energy pipelines intensifies.
Check full earnings calendar for updates.
Nasdaq BX Converts to Nasdaq Texas LLC
Effective February 13, 2026, Nasdaq BX, Inc. changes to Nasdaq Texas, LLC, a Texas limited liability company, updating all references. No technical or billing changes required; existing contracts remain valid.
Product names like Nasdaq Texas Options replace prior BX terms.