Treasury Secretary Steven Mnuchin is raising red flags ahead of Facebook's proposed cryptocurrency launch.Marketsread more
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David Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company.Technologyread more
Epstein is accused of sexually exploiting dozens of underage girls from 2002 through 2005 at his New York and Florida residences. He is a former friend of Presidents Donald...Politicsread more
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The Food and Drug Administration "stands ready" to start reviewing e-cigarettes amid a teen vaping "epidemic," acting Commissioner Ned Sharpless said Monday in a statement.Health and Scienceread more
The Guggenheim CIO says he had been approached by the White House about possibly joining the Federal Reserve.The Fedread more
Joe Lonsdale says his fellow Palantir co-founder Peter Thiel was "courageous" for speaking out against Alphabet's Google.Technologyread more
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In his prepared testimony for Tuesday's Senate banking committee hearing, Facebook's David Marcus tells lawmakers that the Libra currency will be secure.Technologyread more
U.S. government debt prices were higher on Tuesday, amid hopes that China would introduce more measures to support its weakening economy.
China's state planner, the National Development and Reform Commission (NDRC), said on Tuesday that it would aim to accomplish "a good start" for the economy in the first quarter, raising hopes of further stimulus.
Chinese Premier Li Keqiang also said that the government was looking to establish conditions to help it meet its economic targets for the year, Reuters reported, citing Chinese state television.
The news offset fears of an impending slowdown in the world's second-largest economy. Data released earlier this week showed that Chinese exports and imports fell sharply in December, while the country's trade surplus with the U.S. reached a record high.
Also weighing on investors is the partial government shutdown, which has entered its 25th day and is the longest shutdown on record. The Democratic Party is at odds with the Donald Trump administration over the president's proposed $5 billion U.S.-Mexico border wall.
In other political news, traders will likely monitor a crucial U.K. Parliament vote on Prime Minister Theresa May's Brexit deal, which is due to take place Tuesday evening. May is widely expected to suffer a defeat, with many in her own party set to vote down the European Union withdrawal agreement.
The margin of defeat for May will likely be the big area of focus for market players as it implies how negative an impact the result will have on the Brexit plan and May's leadership. Sterling fell 0.1 percent against the dollar in early morning trade, to $1.2850, while the yield on the 10-year gilt fell to 1.267 percent.
On the data front, producer price index (PPI) inflation and Empire State manufacturing survey numbers are due at 8:30 a.m. ET. Meanwhile, Minneapolis Federal Reserve Bank President Neel Kashkari will give a speech in Rochester, Minnesota, at 11:30 a.m. ET.