Ackman says taxpayers could reap $300B under his plan for Fannie Mae, Freddie Mac
Billionaire investor Bill Ackman unveiled a plan on Tuesday he says would help the Trump administration meet its goals for...
Jeffrey Gundlach says cracks forming in America's multitrillion-dollar private credit market
Billionaire investor Jeffrey Gundlach warned that America’s booming private credit market is showing cracks, comparing it to the unregulated CDO...
Private sector added better-than-expected 42,000 jobs in October, ADP says
Companies in the private sector added 42,000 jobs in October, payroll processing firm ADP said Wednesday. The figure is above...
Mortgage rates tick higher for second straight week
Mortgage rates ticked higher for the second straight week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage...
Supreme Court weighs Trump administration's tariff authority under emergency powers law
The Supreme Court on Wednesday will hear arguments in the case challenging the legality of the Trump administration's tariff regime imposed...
Portable mortgages explained: What they are and how they work
Federal Housing Finance Agency Director Bill Pulte said the government agency is "actively evaluating" portable mortgages, which would allow a...
Trump touts private sector job growth, efforts to shrink federal workforce
President Donald Trump on Wednesday touted his administration's efforts to curb the size of the federal government's workforce while expanding...
Bill Ackman to unveil plan for mortgage giants Fannie Mae and Freddie Mac this week
Billionaire hedge fund manager Bill Ackman said he will unveil a new proposal next week involving Fannie Mae and Freddie...
United Airlines to offer refunds because of shutdown-caused flight restrictions
United Airlines customers with flights booked to travel during the government shutdown will be eligible for a refund, CEO Scott...
Layoffs in October hit highest level for month in 22 years as companies cite cost-cutting, AI
U.S. employers ramped up layoffs in October to the highest level for the month in 22 years as companies looked...
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