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Bloomberg News Now: GOP, Former Feds Rebuke Fed Probe, Bessent: Probe "Made a Mess". More

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January 12, 2026

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Bloomberg News Now:

- Market Update

- Meta Plans to Cut 10% of Jobs at Company’s Reality Labs Division

- Citi to Cut About 1,000 Jobs This Week as Fraser Trims Costs

- Fed Served With DOJ Subpoenas; Powell Vows to Stand Firm

- JPMorgan Trading Desk ‘Cautious’ on US Stocks After Fed Probe

- Trump Calls For 10% Credit Card Cap

- Apple Picks Gemini to Run AI-Powered Siri

- Carney to Visit China to Talk Trade With Xi as US Tariffs Hit Growth

- Golden State Warriors’ Parent Valued at $11 Billion in Stake Sale

- Koepka Returns to PGA Tour Five Weeks After LIV Exit

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Bloomberg News Now is a comprehensive audio report of the top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.

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Guests & Subjects Covered

Bloomberg News NowMarket UpdateMeta PlansCompanys Reality Labs DivisionCut AboutJobs This WeekFraser Trims CostsStand Firm

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Bloomberg News Now: GOP, Former Feds Rebuke Fed Probe, Bessent: Probe "Made a Mess". More · Bloomberg Podcasts · Sentinel