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Browsing: Business

Business

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 Mac, the mortgage-finance gia...

Business

New venture seeks to boost America's edge over China in AI, energy and defense: 'Our effort to punch back'

Black Flag, an accelerator focused on technologies vital to America’s national security, recently unveiled a new initiative aimed at helping the U.S....

Business

Energy secretary says DOE loan office will largely finance nuclear power plants, reflecting Trump priorities

U.S. Energy Secretary Chris Wright announced Monday that the Department of Energy’s Loan Programs Office (LPO) will largely focus on financing nuclear...

Business

New venture seeks to boost America's edge over China in AI, energy, and defense: 'Our effort to punch back'

Black Flag, an accelerator focused on technologies vital to America’s national security, recently unveiled a new initiative aimed at helping the U.S....

Business

Former Federal Reserve official Adriana Kugler violated trading rules: report

A former governor on the Federal Reserve Board who suddenly stepped down from her role over the summer violated the bank’s trading rules, according to...

Business

Single ticket sold in Georgia captures $980M Mega Millions jackpot

A single ticket sold in Georgia won the estimated $980 million Mega Millions jackpot, which is the eighth largest in its history, the lottery announce...

Business

Ozzy Osbourne's Los Angeles condo listed at $2.37M following his death

Ozzy and Sharon Osbourne’s condo in Los Angeles is on the market.Less than four months after Ozzy's death, the West Hollywood condo was placed for sal...

Business

Millions ditch airports for open roads as RV travel surges this holiday season

This winter, the highway is beating the jetway. New data from the RV Industry Association show that 28 million Americans plan to travel by RV this win...

Business

Trump rolls back tariffs on key imports, citing price relief for US families and businesses

President Donald Trump on Friday announced a move to lift tariffs on certain goods produced internationally through an executive order.The rollback on...

Business

US Treasury’s last five minted pennies may spark multimillion-dollar bidding war

Treasury Secretary Scott Bessent struck the final five pennies on Wednesday—each bearing a rare omega mark—ending U.S. penny production and creating c...

Business

Trump rolls back tariffs on key imports, citing price relief for U.S. families and businesses

President Donald Trump on Friday announced a move to lift tariffs on certain goods produced internationally through an executive order.The rollback on...

Business

Amazon robotics chief: ‘I want to eliminate every menial, mundane job’ as AI reshapes warehouse work

Amazon is doubling down on artificial intelligence and robotics to remake work inside its warehouses and fulfillment centers, even as it cuts thousand...