Mortgage Rates Drop to Lowest Level in Nearly 3 Years
Mortgage rates fell sharply on Friday after President Donald Trump said he is directing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds, a rare federal push into the housing-finance pipeline that is already reshaping rate expectations and...
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Ackman: Trump's 10% Credit Card Rate Cap 'a Mistake'
U.S. hedge fund manager Bill Ackman said on Friday that U.S. President Donald Trump's call for a one-year cap on credit card interest rates at 10% starting on Jan. 20 "is a mistake."
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Trump Promises 'Total Safety' for US Oil Firms in Venezuela
President Donald Trump Friday called on oil executives to rush back into Venezuela as the White House looks to quickly secure $100 billion in investments to revive the country's ability to fully tap into its expansive reserves of petroleum.Since the U.S. military raid to...
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Rubio: Path for Venezuela Involves Stabilization, Recovery, Transition
Secretary of State Marco Rubio outlined the path for Venezuela's return to normalcy, making his points Friday at a meeting with President Donald Trump, Cabinet officials, and oil company executives.
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Trump: 'We're Open for Business' on Venezuelan Oil
The United States will refine and sell up to 50 million barrels of Venezuelan crude oil under a new arrangement with the country following the ousting of former president Nicolas Maduro, President Donald Trump said Friday.
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Fed's Bostic: High Inflation Still Bank's Main Challenge
Federal Reserve Bank of Atlanta President Raphael Bostic said Friday in a radio interview inflation issues are still at the forefront of his economic concerns.
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