As Trump Pushes Housing Affordability, His Mortgage Chief Undermines It
Under Bill Pulte, Fannie Mae and Freddie Mac have pulled away from efforts to help low-income people buy homes. Source link
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Trump Credits ‘Mister Tariff’ for the Country’s Strength. Economists Beg to Differ.
Many indicators appear to suggest that the United States is growing despite tariffs, not because of them. Source link
Saks Files for Bankruptcy as Department Stores Fight for Survival
The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years. Source link
What the Bankruptcy of Saks Means for You
Answers to this and other questions about the financial crisis in America’s biggest luxury department store. Source link
China’s Trade Surplus Surged 20 Percent to New Highs
A currency kept weak to help Chinese factories, combined with faltering consumer spending, propelled exports, while a campaign for self-sufficiency limited imports. Source link
Starlink Users in Iran Get Free Internet Access, Nonprofit Says
Under a near-total communications blackout, users of Elon Musk’s satellite service have gotten online without paying, an organization that works on web access said. Source link
Blowback Builds Over Criminal Investigation of Powell
Trump allies fear that the inquiry into the Fed chair could complicate the process of replacing him this year. Source link
In a Risky Gambit, Trump Tries Brute Force to Lower Prices
To assuage cost-weary voters and combat inflation, the president has resorted to a mix of threats and punishments, targeting companies and policymakers alike. Source link
In a Risky Gambit, Trump Tries Brute Force to Lower Prices
To assuage cost-weary voters and combat inflation, the president has resorted to a mix of threats and punishments, targeting companies and policymakers alike. Source link
Orsted Moves to Save Its U.S, Wind Farm Projects
Orsted’s C.E.O. says it plans to move quickly to complete a $6.2 billion wind farm off Rhode Island after a judge struck down President Trump’s bid to halt it. Source link