January 28th Overnight News Summary

1. The US dollar has fallen to its lowest level in nearly four years. Trump said he does not believe the value of the dollar has dropped too much, stating that it is "doing great" and exchange rates will fluctuate. 2. The incident in which two American citizens were shot by federal law enforcement officers has caused a public outcry, and Trump stated that Acting Secretary of Homeland Security Chad Wolf will continue to remain in office. 3. Google is expanding its cost-effective AI Plus subscription service to 35 countries and regions, including the United States. In the US market, Google AI Plus is priced at $7.99 per month. 4. The latest data from the US Census Bureau shows that due to a significant slowdown in immigration, the population growth in the United States decreased noticeably last year. The projected net international migration for 2025 has decreased from a peak of 2.7 million in 2024 to 1.3 million. 5. The French government survived two motions of no confidence. Prime Minister Le Coq's government will continue to operate, and the French 2026 fiscal budget will undergo a new round of review. 6. The leadership of JPMorgan has informed the company's investment bankers that they need to work harder to narrow the gap in mergers and acquisitions with competitors like Goldman Sachs. 7. UPS expects to cut as many as 30,000 jobs this year. The parcel delivery giant aims to continue reducing costs and improving profitability. 8. US consumer confidence decreased from a revised 94.2 in the previous month to 84.5, reaching the lowest level in over a decade. 9. Yale University announced that it will expand its financial aid program to cover more middle-class families. Starting in the fall of 2026, students from families with annual incomes of less than $200,000 can attend tuition-free. Admitted students from families with annual incomes of less than $100,000 will not have to pay any fees.