2026-01-28
14 分钟What a sliding U.S.
dollar means for businesses in the world, plus a big day for chip stocks as A.I.
spending booms, and a pair of Middle East leaders say they won't help the U.S.
with a possible strike on Iran as allies reconsider ties with Washington.
Both the Iranian and the Israeli strikes on Doha in Qatar really frightened a lot of leaders in the region and led them to question whether they can rely on the U.S.
for their security.
It's Wednesday, January 28th.
I'm Luke Vargas for The Wall Street Journal, and here is the AM edition of What's News,
the top headlines and business stories moving your world today.
The U.S.
dollar is steadying this morning after sliding yesterday in the biggest one-day decline
since April's global tariff turmoil.
Stock futures are also gaining ahead of the Federal Reserve's interest rate decision today,
where the central bank is expected to hold rates steady after three consecutive cuts.
Here's journal finance editor Alex Frankos.
The dollar fell yesterday and has been falling pretty much
since Donald Trump came into office a year ago,
but took another leg down the beginning of this year,
and it's now at a four-year low against other major currencies like the euro,
the pound, the Swiss franc, the Australian dollar, the Chinese yuan.