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Federal probe into Federal Reserve chief. President Trump says Iran wants to talk. ICE reinforcements head to Minneapolis. CBS News Correspondent Steve Kathan has those stories and more on the World News Roundup podcast.
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Officially, the Federal Reserve is being investigated by the Justice Department over office building renovations. But in a video statement Sunday, Fed Chair Jerome Powell said the investigation, which includes a threat of criminal charges, is “a consequence” of the Fed maintaining its independence from President Trump. Plus, later in the episode, how the Warner Bros. deal could affect moviegoers — at home and in theaters.
From the BBC World Service: Recent college graduates say they’re struggling to find entry-level positions. How much of the job market squeeze can be blamed on AI? Plus: Malaysia and Indonesia block access to Elon Musk's AI chatbot Grok, Meta urges Australia to rethink its youth social media ban, and foreign ministers from Denmark and Greenland will meet with U.S. leaders.
Plus: President Trump mulls blocking Exxon Mobil from drilling in Venezuela following comments by the company’s top executive at the White House. And big bank shares drop as Trump calls for a 10% cap on credit cards interest rates. Daniel Bach hosts.
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OA1225 - Jenessa is here to dig deeper into Van Buren v. United States as we explore the implications and meaning when legislative deliverables, legal analysis, work industry, and general common sense push and pull in different directions. We had a lot of questions and comments on the original Van Buren episode from the community, so we thought it would be fun to spend some more time and battle it out!
Reviving Lenity - Daniel Harawa, SCOTUSBlog (Dec 26, 2025)
US v Rodriguez, 628 F.3d 1258 (11th Cir. 2010)
US v Nosal, 676 F.3d 754 (9th Cir. 2012)
US v Nosal, 844 F.3d 1024 (9th Cir. 2016)
Further reading:
W. Cagney McCormick, The Computer Fraud & Abuse Act: Failing to Evolve with the Digital Age, 16 SMU SCI. & TECH. L. REV. 481 (2013).
Check out the OA Linktree for all the places to go and things to do!
Today’s episode of Up First was edited by Daniel Burke, Kate Bartlett, Pallavi Gogoi, Mohamad ElBardicy, and HJ Mai.
It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas.
We get engineering support from Simon-Laslo Janssen. Our technical director is Carleigh Strange.
(0:00) Introduction
(03:10) Federal Agents Sent to Minnesota
(06:53) Iran Protests
(10:34) DOJ Subpoenas Federal Reserve
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A.M. Edition for Jan. 12. The Justice Department is threatening Federal Reserve Chair Jerome Powell with a criminal indictment, in what Powell is calling an attack on the central bank’s independence. WSJ finance editor Alex Frangos discusses how markets are reacting and what the investigation means for the Fed’s future leaders. Plus, President Trump mulls intervention in Iran as anti-regime protest deaths rise. And bank stocks sag after Trump calls for capping credit-card interest rates. Luke Vargas hosts.
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On Jan. 7, 2025, the Eaton and Palisades Fires began, killing 31 people and destroying around 13,00 homes in the Los Angeles area. A year later, residents are looking to rebuild the lives and homes they once had.
Marketplace’s David Branccacio and his wife lost their Altadena home to the Eaton fire, and have yet to break ground on a new building. But as they continue to plan for construction in the new year, they are focusing on fire-resistance for the future.
Branccacio joined “Marketplace Tech” host Meghan McCarty Carino to speak about the technology and building that goes into fire-resistant homes.
Warning: This episode contains strong language.
Just hours before a federal immigration officer killed Renee Good in her car, Brian O’Hara, the Minneapolis police chief, warned that a tragedy involving ICE seemed inevitable.
In an interview, Chief O’Hara discusses his experience with ICE in Minneapolis and why, in his mind, President Trump’s campaign of mass deportation is undermining faith in police departments.
Guest: Brian O’Hara, chief of the Minneapolis Police Department
Background reading:
Photo: Ryan Murphy for The New York Times
For more information on today’s episode, visit nytimes.com/thedaily. Transcripts of each episode will be made available by the next workday.
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What is the purpose of the Arts? Can music, literature and visual art change our lives physically and socially, as well as personally? Adam Rutherford explores the power of the arts and how it might be defined and explained.
Engaging with the arts is one of our most powerful tools for unlocking health and happiness argues Daisy Fancourt. She is is Professor of Psychobiology and Epidemiology at University College London and Director of the World Health Organisation Collaborating Centre on Arts and Health. In her new book, Art Cure, she shows how songs support the development of children's brains; how dance can build neural pathways; how theatre and exhibitions can decrease pain, stress and depression and how the arts can improve the functioning of every major organ system in the body. Drawing on the latest research research in a range of scientific fields, she traces a connection between the arts and human flourishing.
Earliest Stories: Stories, Novellas, Humoresques, 1880-1882 is a collection of the Russian writer Anton Chekhov's work while he was still a student of medicine. In his juvenilia we see flashes of insight alongside comedy, compassion and a developing narrative voice. Rosamund Bartlett, translator, biographer and cultural historian writes about how stories have long been dismissed, but written as his family faced financial crisis, reveal much about the threads that connect together in his life and work.
BBC Radio 3 presenter Tom Service explores how music transports and defines us in his new book. In A History of the World in 50 Pieces, he examines how classical music reflects our changing politics, society and technological advances - and how composers, musicians and listeners have shaped history. From Bach to Beethoven via the Happy birthday song, he explores the power of music to connect and and challenge us.
Producer: Ruth Watts