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Russia Pauses Strikes on Ukraine’s Power Grid After Trump’s Request

An emergency service truck stands next to an apartment building, which was hit during overnight Russian drone strikes in the town of Bilohorodka, amid Russia's attack on Ukraine, in the Kyiv region, Ukraine, January 28, 2026. Russia has temporarily halted its air attacks on Ukraine’s power grid following a direct request from U.S. President Donald Trump. The pause is expected to last until Sunday and comes as Ukraine faces severe winter weather that has strained its already damaged energy infrastructure. Ukrainian officials say the lull offers a brief but meaningful opportunity to stabilize parts of the grid and restore power to affected regions. While some drone activity has continued near frontline areas, major cities such as Kyiv reported a noticeably quieter night after the announcement. The decision marks a rare moment of de‑escalation amid a conflict that has heavily targeted civilian infrastructure. Ukrainian leaders have indicated they are prepared to respond cautiously,...
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Stock Market Update: Stocks Find Footing as Powell Chills Rate Cut Hopes



US stocks rose on Friday after a stellar month, as investors awaited Fed Chair Powell’s remarks on monetary policy. The S&P 500, the Dow Jones and the Nasdaq all gained around 0.5% or more.

Powell warned that it would be “premature” to conclude that the Fed was done with rate hikes or to speculate when rate cuts could begin. He said the Fed would be guided by data and not by market expectations. He also said inflation had cooled to its lowest levels since 2021.

Oil prices steadied after falling on Thursday, when OPEC+ agreed to cut output by 1.2 million barrels per day. However, investors remained skeptical about the effectiveness of the deal to balance the oil market and support prices. WTI crude traded around $76 a barrel, while Brent was below $83.


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