The U.S. dollar gained on January 21, 2026, after President Donald Trump withdrew tariff threats against several European nations and announced a framework agreement with NATO on Greenland’s future, easing geopolitical tensions.

The dollar index (DXY) rose 0.12% to 98.76 in New York, rebounding from its steepest single-day drop since mid-December. Euro and Swiss franc both weakened, with EUR/USD falling 0.36% to 1.17 and CHF/USD up 0.77% to 0.7958. Trump had previously threatened escalating tariffs on EU members, the UK, and Norway over Greenland access, prompting market volatility and broad U.S. asset selloffs. His remarks at Davos ruled out military action and confirmed tariffs would not proceed, sparking relief-driven risk-on sentiment that lifted the S&P 500 by over 1.5%.

Analysts noted the de-escalation mattered more than policy details. “The short-term crisis appears over,” said Matt Weller of StoneX. However, EU leaders are still set to meet urgently on January 22 to discuss responses.

Meanwhile, USD/JPY rose to 158.43, nearing intervention-watch levels. ING’s Chris Turner warned further JGB sell-offs could push the pair toward 159–160 if authorities tolerate yen weakness as policy-induced.

Knight-Swift Transportation Holdings Inc. (KNX) reported a net loss of $6.8 million, or 4 cents per share, for the fourth quarter ended December 31, 2025, citing one-time adjustments and operational pressures.

Adjusted earnings came to 31 cents per share, below the Zacks Investment Research consensus of 36 cents among seven analysts. Revenue totaled $1.86 billion, falling short of the $1.9 billion expected by six analysts.

For the full year 2025, the Phoenix-based trucking company recorded net profit of $65.9 million, or 41 cents per share, on revenue of $7.47 billion. Management guided 2026 full-year earnings expectations to a range of 28 to 32 cents per share amid ongoing freight market volatility.

Joe’s Crab Shack is closing its Jacksonville Beach location on January 24, 2026, and converting the site into a Bubba Gump Shrimp Co. restaurant, parent company Landry’s Inc. confirmed. The move reduces Joe’s Crab Shack’s footprint to 14 remaining locations nationwide.

Chief Operating Officer Terry Turney stated the transition aims to bring Bubba Gump’s “scratch-made, Southern-style seafood” to the market. Landry’s Inc. did not disclose job impact details but said it would assist displaced employees in securing positions at nearby restaurants. The Beach Boulevard site was one of four Joe’s Crab Shack locations in Florida.

Once a chain of 120 restaurants in 2006, Joe’s Crab Shack now operates just 14 outlets after a series of closures, including recent shutdowns in Fort Myers (May 2025) and Bossier City, Louisiana (June 2025). Landry’s Inc., which reacquired Joe’s Crab Shack in 2017 following Ignite Restaurant Group’s bankruptcy, previously owned the brand from 1994 to 2006.

Fulton Financial Corp. (FULT) reported net income of $99 million in the fourth quarter, or 53 cents per share, the company said on January 21, 2026. Adjusted earnings were 55 cents per share.

The Lancaster, Pennsylvania-based financial holding company posted $473.4 million in revenue, with revenue net of interest expense totaling $340.4 million, surpassing analyst expectations.

For the full year, Fulton Financial recorded a profit of $391.6 million, or $2.08 per share, on annual revenue of $1.33 billion.

FS Bancorp Inc. (FSBW) reported fourth-quarter net income of $8.4 million, or $1.10 per share, missing the Zacks Investment Research consensus estimate of $1.13 per share.

Revenue for the period totaled $57.2 million, with net interest income at $40 million—surpassing analyst expectations. The Mountlake Terrace, Washington-based bank holding company recorded full-year 2025 profit of $33.3 million, or $4.29 per share, on annual revenue of $152.7 million.

The results were released on January 21, 2026.

Knight-Swift Transportation (NYSE: KNX) reported a net loss of $6.8 million, or 4 cents per share, for the fourth quarter, citing $52.9 million in noncash charges from retiring the Abilene Motor Express brand. Excluding one-time items, adjusted earnings were 31 cents per share, 4 cents below consensus and 5 cents lower than year-ago levels.

Consolidated revenue reached $1.86 billion, missing the $1.9 billion estimate. Operating margins declined year over year across all segments except intermodal, which remained unprofitable despite improvement.

The company issued first-quarter adjusted EPS guidance of 28 to 32 cents, in line with the current consensus of 31 cents. Knight-Swift will discuss results on a conference call at 4:30 p.m. EST on January 21, 2026.

The First Bancorp (FNLC) reports fourth-quarter net income of $10.2 million, or 91 cents per share, with revenue of $45.5 million and net interest income of $25.8 million, exceeding analyst expectations.

The Damariscotta, Maine-based bank posted full-year profit of $34.4 million, or $3.07 per share, on annual revenue of $94.7 million. The revenue net of interest expense in the quarter surpassed Street forecasts, reflecting improved operational performance.

All figures are for the period ended December 31, 2025, as reported on January 21, 2026.

Equity Bancshares (EQBK) reported fourth-quarter net income of $22.1 million, or $1.15 per share, the Wichita-based bank holding company said on January 21, 2026. Adjusted earnings were $1.26 per share, exceeding the Zacks Investment Research consensus estimate of $1.22.

Revenue for the quarter totaled $100.4 million, with net revenue after interest expense at $73 million, both above analyst expectations. The company attributed the strong performance to disciplined cost management and improved net interest margin.

For the full year, Equity Bancshares posted profit of $22.7 million, or $1.23 per share, on revenue of $263.2 million. The results reflect continued growth in core banking operations despite macroeconomic pressures.

Elizabeth Holmes has formally requested President Donald Trump to commute her 11-year prison sentence for defrauding investors in her failed blood-testing company, Theranos Inc. The request was submitted last month and logged in a Justice Department database in mid-December 2025.

Holmes, 41, was convicted in 2022 and ordered in May 2023 to pay $452 million in restitution to victims. She is serving her sentence at a minimum-security prison camp near Houston and is currently scheduled for release on December 30, 2031. Commutation would not erase her financial obligations or probation terms; only a pardon would. A federal appeals court rejected her appeal to overturn the conviction in 2025.

Trump recently granted clemency to over 20 individuals, including white-collar offenders. The White House does not comment on pending requests but confirms the president has final authority. Holmes’ legal team has not commented. Her social media posts on X in November 2025 expressed support for Trump’s agenda and maintained her innocence.

Eagle Bancorp Inc. (EGBN) reports fourth-quarter net income of $7.6 million, or 25 cents per share, on revenue of $161.7 million. Revenue net of interest expense reached $80.5 million, exceeding analyst expectations.

The Bethesda, Maryland-based bank holding company posted full-year 2025 profit of $128.1 million, or $4.21 per share, with annual revenue of $299.2 million. The results reflect continued growth in core banking operations amid improved net revenue performance.

All figures are as of January 21, 2026.

Banner Bank (NASDAQ:BANR) reported fourth-quarter 2025 revenue of $167.7 million, missing analyst expectations and reflecting a 2.6% year-over-year increase. The regional lender posted GAAP earnings of $1.49 per share, 2.6% above consensus estimates, but saw its stock hold flat at $66.03 post-release.

Net interest income accounted for 86.5% of total revenue over the past five years, underscoring Banner’s reliance on traditional lending margins. Tangible book value per share rose to $46.09, up 11.5% annually over two years, though five-year growth averaged just 5%. Analysts project an 8.9% rise in TBVPS to $50.19 over the next 12 months.

Revenue growth has slowed recently, with a 1% annualized rate over the prior two years, below its longer-term trend. The bank, operating in Washington, Oregon, California, Idaho, and Utah, has faced challenges in scaling non-interest income amid shifting rate environments.

Banc of California Inc. (BANC) reported fourth-quarter net income of $77.4 million, or 42 cents per share, on January 21, 2026, surpassing analysts' expectations.

Revenue net of interest expense reached $292.9 million, exceeding the $292.7 million forecast from four analysts surveyed by Zacks Investment Research. Total revenue for the quarter was $458.5 million. For the full year, the Los Angeles-based lender posted profit of $229 million, or $1.17 per share, on revenue of $1.12 billion.

BANC shares rose more than 9% year-to-date and were trading at $21.10 on Wednesday, up 30% over the past 12 months.

Banc of California (NYSE:BANC) reported Q4 CY2025 revenue of $292.9 million, up 10.7% year-over-year and surpassing estimates by 1.3%, driven by strong net interest income growth. Non-GAAP EPS of $0.42 exceeded consensus by 13.7%, but shares dropped 5% to $20.04 post-earnings.

CEO Jared Wolff highlighted double-digit loan and noninterest-bearing deposit growth, along with a double-digit return on tangible common equity, citing disciplined expense management and stable credit quality. Net interest income accounted for 88.3% of total revenue over the past five years, reflecting its core earnings model.

Tangible book value per share rose to $17.51, up 7.9% annually over two years, though five-year annualized growth was negative 3.9%. Analysts project 7.7% TBVPS growth over the next 12 months. Despite near-term momentum, revenue of $1.12 billion over the trailing 12 months remains flat compared to five years ago, raising concerns about long-term scalability.

Canadian stocks edged higher Tuesday as the S&P/TSX Composite Index rose 0.3% amid market reactions to former U.S. President Donald Trump’s renewed public interest in acquiring Greenland.

Investors interpreted the comments as largely symbolic but noted indirect implications for trade and defense-related sectors, particularly those tied to rare earth minerals and Arctic infrastructure. Greenland holds significant mineral resources critical to clean energy technologies, sparking investor speculation about potential North American supply chain shifts. Canadian mining and materials firms, including Teck Resources (TCK.B) and Nutrien (NTR), saw modest gains.

The move follows Trump’s social media posts on January 21, 2026, referencing strategic U.S. interests in the Arctic region. While no formal policy proposal was announced, traders weighed possible geopolitical ripple effects on North American defense and resource partnerships. U.S. and Danish officials have not confirmed any active negotiations.

Market sentiment remained cautious ahead of upcoming Federal Reserve commentary and Canadian inflation data scheduled for release Thursday.

U.S. President Donald Trump announced a "permanent" framework agreement with NATO on January 21, 2026, to jointly pursue critical mineral development in Greenland and collaborate on the "Golden Dome" missile defense system, easing recent geopolitical tensions.

The deal, confirmed during Trump’s remarks at the World Economic Forum in Davos, enables U.S. and NATO partners to engage in strategic resource and defense cooperation in Greenland without altering sovereignty. Trump stated the arrangement is permanent and includes joint security and rare earth mineral access, key for defense systems, EVs, and electronics. He also canceled planned February 1 tariffs on Denmark and other European nations, signaling reduced trade tensions.

Greenland, an autonomous Danish territory, ranks eighth globally in rare earth reserves. The U.S. aims to reduce reliance on Chinese supplies by securing alternative sources. Morgan Stanley noted the outcome aligns with expectations: expanded U.S. strategic presence without formal control. Further negotiations will be led by Vice President Vance, Secretary Rubio, and envoy Steve Witkoff.

Kinder Morgan Inc. (KMI) reported fourth-quarter earnings of $996 million, or $0.45 per share, with adjusted earnings at $0.39 per share, exceeding the Zacks Investment Research consensus of $0.37.

The Houston-based energy infrastructure company posted quarterly revenue of $4.51 billion, surpassing analysts' average estimate of $4.41 billion. Revenue growth was driven by increased demand across its natural gas pipeline and storage operations.

For the full year, Kinder Morgan reported net profit of $3.06 billion, or $1.37 per share, on $16.94 billion in revenue. The company maintains a 2026 earnings outlook of $1.36 per share, reflecting stable operational performance and continued cash flow generation.

Horizon Bancorp (HBNC) reported fourth-quarter net income of $26.9 million, or 53 cents per share, on January 21, 2026, surpassing analysts' expectations.

Revenue for the period totaled $100.8 million, with net revenue after interest expense at $74.9 million, both figures exceeding Wall Street forecasts. The Michigan City, Indiana-based bank holding company outperformed the average estimate of three analysts surveyed by Zacks Investment Research, which projected earnings of 50 cents per share.

First Bancorp (FBNC) reported fourth-quarter net income of $15.7 million, or 38 cents per share, the company said on January 21, 2026. Adjusted earnings came in at $1.19 per share.

The Southern Pines, North Carolina-based bank posted quarterly revenue of $121.3 million, with revenue net of interest expense at $83.9 million, falling short of analyst expectations.

For the full year, First Bancorp recorded profit of $111 million, or $2.68 per share, on total revenue of $390.3 million. The results highlight continued profitability despite weaker-than-expected net revenue performance in the quarter.

FB Financial Corp. (FBK) reported fourth-quarter net income of $57 million, or $1.07 per share, with adjusted earnings at $1.16 per share. The results surpassed the Zacks Investment Research consensus estimate of $1.14 per share.

Revenue for the period totaled $264 million, while revenue net of interest expense reached $178.6 million, both exceeding analyst forecasts. The Nashville-based bank highlighted improved operational efficiency and lower-than-expected non-recurring costs.

The strong performance underscores FBK's resilience amid tightening market conditions, as it continues to outperform sector averages in profitability metrics.

Crew Carwash, a family-owned car wash chain based in Indianapolis, ranks No. 1 on Glassdoor’s "100 Best Places to Work in 2026," up from No. 2 in 2025. The honor reflects employee reviews highlighting supportive leadership, career growth, and strong team culture.

The company, operating about 55 locations across Indiana and Minnesota, earned a 4.6 out of 5 rating on Glassdoor. Employee feedback emphasized workplace satisfaction and organizational trust. Glassdoor’s annual Employees’ Choice Awards, now in their 18th year, rely on anonymous U.S.-based employee reviews submitted between October 17, 2024, and October 16, 2025. Large companies required at least 75 ratings per category.

New entrants to the list include Alaska Airlines (No. 38), Dutch Bros. Coffee (No. 75), and Bath & Body Works (No. 80). Representation from the San Francisco Bay Area fell to 13 companies from 23 in 2025, while New York City rose to 10 from six. Manufacturing and retail gained ground; tech, healthcare, and biotech/pharma saw declines.