Craig Allen

wants to rework its existing defense agreement with Denmark to remove all restrictions on U.S.

forces on the island indefinitely.

The current treaty dates back to 1951 and already has few limits on the U.S.

presence.

Russia is reporting little progress on ending the war in Ukraine after more than four hours of late-night talks with U.S.

envoys Steve Witkoff and Jared Kushner.

As Bloomberg's Oliver Crook reports, the Kremlin is saying...

The territorial issue remains unresolved.

Bloomberg's Oliver Crook reports U.S., Ukrainian and Russian negotiators plan to keep at it in talks today and tomorrow in the United Arab Emirates.

Former Olympic snowboarder Ryan Wedding has been arrested.

Wedding was among the FBI's most wanted fugitives.

He faces charges related to drug trafficking and the killing of a federal witness.

Officials say he was arrested today in Mexico.

FBI Director Kash Patel is expected to say more at a news conference later this morning.

On Wall Street, we're getting a fresh look at how consumers are feeling from the University of Michigan.

Bloomberg's Michael McKee has Michigan's final sentiment index for January.

And Bloomberg's Mike McKee says inflation expectations for the next year are down as well to 4%.

That's the lowest since last January.

Right now, the S&P 500 is little changed off the back of that data.

The Dow Jones Industrial Average is still lower by 0.6%.