Lana

But India is missing the kind of AI heavyweights that would move the needle for investors.

Meanwhile, the US stock market has kept breaking records, but the dollar has weakened and interest rates are low.

That combo makes international and especially emerging market stocks look more appealing by comparison.

It doesn't hurt that they're cheaper than American shares too, so any good news can stretch a bit further.

With a bigger share of investors' returns now coming from outside the U.S., you may want to broaden your own horizons.

You could consider combining emerging markets and income-generating shares with U.S.

growth stocks and targeted themes like AI.

And to make that work harder for you after tax, you can use tools like ETFs and tax loss harvesting to keep more of what you earn.

Before we dive into the next story, it's time for our daily check-in with Carl.

You've got questions, he's got your answers.

Carl, what have you got for us today?

Thanks, Carl.

Next up...

U.S.

prosecutors opened a criminal investigation into the Federal Reserve's chair, rattling confidence in one of the world's most important institutions and pushing investors toward safer assets.

The Justice Department's inquiry is tied to a testimony from the Fed's chair over a $2.5 billion renovation of the central bank's headquarters.

But he says it isn't about construction costs at all, calling the probe political payback for refusing to slash interest rates faster.

The White House insists that has nothing to do with it, but officials have made no secret of their frustration with the country's high borrowing costs.

Lawmakers from both parties have pushed back, with at least one senior Republican vowing to block confirmation of any new Fed nominee until the issue is resolved.

The highly unusual move is raising fears that political pressure could start shaping interest rate decisions at the world's most important central bank.