Business

Business

Trump Orders Fannie and Freddie to Buy $200 Billion in Mortgage Bonds

The move, a bid to make homes more affordable, would be a back-to-future moment for the two mortgage firms. Buying risky mortgage bonds helped push them to near-bankruptcy in 2008.

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Polymarket Won’t Pay Users Who Bet on a U.S. Invasion of Venezuela

Polymarket users bet on whether the U.S. would invade Venezuela, but the prediction market said Venezuelan president’s capture did not constitute an invasion.

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The (Many) Wrinkles in Trump’s Vision for Venezuela

President Trump appears committed to laying claim to Venezuelan oil for a long time. But there are plenty of reasons for U.S. businesses to be wary.

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Mamdani Hosts Influencer Summit, Sidestepping Traditional Media

A friendly summit at New York’s City Hall with digital content creators and social media stars symbolized the new mayor’s attitude toward the changing news media.

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Trump Says He Wants Congress to Stop Wall St. From Buying Single-Family Houses

The president said he wanted Congress to stop big investors from buying the houses, which has driven up rents and set obstacles for first-time buyers in some markets.

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Why Trump’s Greenland Strategy Has the World on Edge

The president is again focused on acquiring the mineral-rich island. But lack of clarity about his goals and tactics is weighing on political and business leaders.

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China Touts Hainan, Its Duty-Free Island, Amid $1 Trillion Trade Surplus

Policies meant to lure importers to Hainan, a resort island off China’s coast, signal an opening up, Beijing says. One expert calls it a “bait and switch.”

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Peter Zaffino, AIG’s Chief, Is Stepping Down in Latest Executive Reshuffling

The announcement that Peter Zaffino would step down as chief executive in June and become executive chairman sent the insurer’s stock tumbling.

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The Rush to Profit From Maduro’s Capture

Trump administration officials are pushing American companies to quickly start investing in Venezuela. But energy giants have some major concerns.

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In China, a Debate About Political Power Ignites After Maduro’s Capture

The reactions online revealed a Chinese society divided: Some saw what happened in Venezuela as a playbook for seizing Taiwan, while others warned about ideological rigidity.

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