Piousbox

Paris, January 22, 2026 — Ubisoft Entertainment SA, once among the most celebrated names in video game publishing, saw its stock crash more sharply than ever recorded after unveiling a major corporate restructuring and a slate of canceled projects — a shock moment that has raised serious concerns about its future financial stability.

Tesla’s workforce at its Gigafactory near Berlin has fallen by about 1,700 employees, according to a report by Germany’s Handelsblatt.

From naturalnews.

US wholesale inflation picked up slightly in November from a month earlier on a jump in energy costs, even as prices for services were unchanged.
The producer price index rose 0.2% after climbing 0.1% in the prior month, according to much-heralded BLS.

In a surprising announcement made Friday afternoon in a tweet, Elon Musk said that he sold social media platform X, formerly Twitter, to his AI startup firm xAI for $45 billion in stock. The deal includes $12 billion in debt owed by X.

I haven't followed this in a while, I don't have alerts set up for this - but as a reminder, the yield curve has un-inverted, and has stayed uninverted for some days. We usually see "official" "recessions" when this happens: not when the yield curve inverts, but when it uninverts, or shortly after.

From Zerohedge.

Well, it's official: Powell came, saw, and unlike two years ago when, with with CPI rising almost double digits the uber-hawkish Fed chair warned of "pain" to come, this time he couldn't be more dovish.