Dan Schwartzman

According to Spain's transport minister, at least 39 people are dead after a high-speed train carrying around 300 passengers traveling between Madrid and Malaga derailed and hit another train coming in the opposite direction.

The accident took place around 7.45 p.m.

local time.

Spain has one of the world's largest high-speed train networks, which consists of private and state-owned players.

Russian President Vladimir Putin's spokesman Dmitry Peskov says that Putin, quote, received through diplomatic channels, unquote, an invitation to join President Trump's Board of Peace for the reconstruction of Gaza.

Peskov says the Kremlin is reviewing the invitation and is looking to get more details from the U.S.

Gold and silver jumped to record highs as President Trump's push to take over Greenland spurred fears of a trade war between the U.S.

and Europe.

Precious metals have rallied sharply this year, with many analysts expecting the gains to continue, citing geopolitical risks and uncertainty undermining growth prospects and trust in the U.S.

dollar.

Spot gold traded near $4,670 an ounce, while silver surged as much as 4.4 percent.

Overall, precious metals have rallied sharply this year, following dramatic gains in 2025.

The Supreme Court agreed to review Bayer's challenge to a $1.25 million Missouri jury verdict

Over claims, a company failed to warn that Roundup weed killer could cause cancer.

The pharmaceutical giant is hoping a favorable Supreme Court ruling would help knock out thousands of similar failure-to-warn cases.

Bayer's stock rose as much as 7.5% in early trading on the news.

Roundup litigation has been a headache for Bayer since it bought Monsanto for $63 billion in 2018, inheriting a slew of lawsuits.

The company has already paid more than $10 billion in verdicts and settlements.

Japan's Prime Minister Sanae Takeuchi plans to campaign on a two-year cut to the sales tax on food in a snap election that'll take place with early polling beginning on February 8th.

Economists warn the move will cost around 5 trillion yen, that's equivalent to $31.6 billion per year.