In BIG PICTURE NEWS, Trump's assault on the Fed causes a stir, his assault on credit card issuers causes panic and he makes threats to those "doing business" with Iran while gold hits record levels. In RETAIL NEWS, Abercrombie has a strong year-end, JD Sports tries AI and M&S is in a good place. In TECH NEWS, AI start-ups face challenges, Alphabet hits a $4tn valuation, OpenAI is to do another Super Bowl ad and Grok faces a crackdown. In MISCELLANEOUS NEWS, AbbVie sucks up to Trump, Germany defence jobs boom, McLaren gets a big cash boost and Stonegate gets the advisers in. AND FINALLY, I bring you a competitive firefighter...