business News

Mortgage rates just fell below 6% for the first time in years - NBC News

Mortgage rates fell below 6% for the first time in years, after Trump said Fannie and Freddie would buy $200 billion worth of mortgage bonds.

Weak US Jobs Report Shows 'Bleak Economic Reality' for Workers Under Trump - Common Dreams

US labor market running on fumes as December jobs report falls short of expectations. Manufacturing hit hard, economy stagnant under Trump.

Federal Reserve Board announces the designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2026 - Federal Reserve Board (.gov)

The Federal Reserve Board on Friday announced the designation of the chairs and deputy chairs of the 12 Federal Reserve Banks for 2026. Each Reserve Bank has

Buy Amazon for a prospective breakout, says Carter Worth - CNBC

From here, the chart analyst thinks owning Amazon will generate positive alpha.

Healthy Returns: What to expect from pharma at the JPM conference - CNBC

At the JPMorgan Healthcare Conference, drugmakers are expected to roll out key business and drug pipeline updates and splashy M&A deals.

Major retailer closing stores in 12 states, including New York - Syracuse.com

The closures are part of the retailer's previously announced plan to shutter 150 locations by 2026, with clearance sales beginning in mid-January at affected stores.

Meta signs deals with three nuclear companies for 6-plus GW of power - TechCrunch

Two smaller companies, Oklo and TerraPower, along with Vistra, a large energy company, just signed agreements with Meta.

Renowned Dallas barbecue will be served on certain American Airlines flights - WFAA

The smell of barbecue will soon be in the air. Food from a renowned Texas barbecue spot will soon be available on certain American Airlines flights.

Bessent says Argentina peso bet was 'homerun deal' - BBC

The US Treasury Secretary said the US no longer held pesos in its exchange stabilisation fund.

First Brands sues founder’s brother and its largest lender for fraud - Financial Times

Estate of bankrupt car parts maker alleges ‘unlawful scheme to defraud creditors out of billions of dollars’

Elon Musk's X limits some sexual deepfakes after backlash, but xAI's Grok still makes them - NBC News

Elon Musk’s controversial Grok artificial intelligence model appears to have been restricted in part on one app, while remaining largely unchanged on another

Chevron Could See $700 Million-a-Year Boost From Venezuelan Oil - Yahoo Finance

Chevron, the only US oil major currently operating in Venezuela, has a “differentiated opportunity among peers to increase production,” Jason Gabelman, an...

Trump Posted Unpublished Jobs Data Early on Social Media - Bloomberg.com

President Donald Trump posted a chart on social media Thursday evening that included figures in the yet-to-be released December employment report.

Amazon Pharmacy starts offering Novo Nordisk's Wegovy weight loss pill - CNBC

Amazon Pharmacy starts offering Novo Nordisk's Wegovy weight-loss pill - CNBC

Eligible customers with insurance can pay as little as $25 for a one-month supply of the drug, while cash-paying options start at $149 a month, Amazon said.

Mortgage rates drop to lowest level in nearly 3 years as Trump orders buying of $200 billion in mortgage bonds - CNBC

President Donald Trump posted on social media Thursday that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds.

Here’s what’s happening now with mortgage rates after Trump's latest push on housing affordability - CNBC

President Donald Trump posted on social media Thursday that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds.

Silicon Valley Billionaires Panic Over California’s Proposed Wealth Tax - WIRED

Larry Page’s apparent Florida move highlights how seriously the ultra-rich are taking a one-time tax aimed at extreme wealth inequality.

American Airlines partners with award-winning Pecan Lodge to serve Texas barbecue on select flights from DFW to New York airports - American Airlines Newsroom

Beginning next month, customers aboard select American Airlines flights will be able to enjoy an authentic taste of Texas en route to New York as the airline partners with nationally recognized Pecan Lodge restaurant to serve Texas barbecue on board.

Dollar Defies Trump Turmoil, Rising With Focus on the Fed’s Path - Yahoo Finance

Traders ratcheted up their bets against the US currency heading into the new year, wagering it would be dragged down again as the Federal Reserve cuts...