Personnel

• The government is barreling toward a partial shutdown over DHS funding. Here's what to expect - The U.S. government may partially shutdown on Saturday months after a record 43 day shutdown in 2025.
• Fed is likely to lower rates only two more times, even under Trump's next chair pick: CNBC Fed survey - Forecasters don't believe the next Fed chair installed by President Donald Trump will drive down overnight rates towards the low levels demanded by the president.
• Nike to cut 775 employees as it accelerates 'automation' at U.S. distribution centers - Nike is cutting 775 employees, primarily from jobs at distribution centers in Tennessee and Mississippi.
• Nvidia's Huang says AI boom will create 'six-figure salaries' for those building chip factories - "We're talking about six-figure salaries for people who are building chip factories or computer factories or AI factories," Nvidia's Jensen Huang said at WEF.
• More employers worry about their workers' financial well-being, research shows. Here's what they're doing about it - Employer concern about their workers' financial life has grown as many households struggle to manage the rising cost of living.
• Trump revealed some of Friday's jobs data early in post the prior day - The president indicated that private sector payrolls had expanded by 654,000, a total that would have included Friday's jobs count for December.
• Economist Mark Zandi sees the Fed surprising with three rate cuts in first half of 2026 - Markets and Fed officials themselves see only modest easing in the year ahead.
• Champagne sales surge at New Year — but labor abuses and tariffs have clouded the industry - Reports of human trafficking and the mistreatment of workers, and even several deaths during the 2023 harvest, provoked scandal around the Champagne industry.
• AI was behind over 50,000 layoffs in 2025 — here are the top firms to cite it for job cuts - Some of the world's biggest tech companies cited AI as part of their layoff and restructuring strategy in 2025.
• Waller had a 'strong interview' for Fed chair with Trump as president appears to turn focus to job market - The positive description of the Waller interview by officials was not necessarily an indication that he was a favorite candidate for the job.