Top Overnight News Secretary of State Marco Rubio said the Trump administration’s economic pressure campaign against Iran was effective enough that “there’s really no need for major combat operations any longer”: NYT CoreWeave eased fears about its debt-laden business during a high-stakes quarterly report, indicating that sales growth remains strong despite challenges facing the data center industry: BBG Banks are increasingly turning to credit insurance to lay off risks tied to their data center loans as lenders seek to stretch internal limits to pour more money into the AI boom: FT US judge said President Trump's defamation lawsuit against the BBC can proceed: RTRS US House backed motion that derails the impeachment of Defense Secretary Hegseth: WSJ South Korea’s antitrust regulator fined over a dozen domestic banks and brokerages a record $1.2 billion for collusion in government bond auctions over more than three years: BBG Japanese retail investors, who are sitting on a ~$7T hoard of cash, appear to be pivoting aggressively into JGBs: FT China is sounding out lenders on a possible 25% tax on interest income from government bonds: BBG After Tuesday’s CPI report, Austan Goolsbee said the Fed must address inflation, calling the October CPI report “borderline disturbing”: BBG GS now expects a third 25bp rate hike in March, followed by gradual cuts back to 3.25-3.5% starting in December 2027: Goldman US crude inventories surged by 9 million barrels last week, the API is said to have reported, which would be the biggest gain in three months: BBG