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Pulte: 50-Year Mortgages No Longer Trump Priority
Federal Housing Finance Agency Director Bill Pulte suggested Friday that the Trump administration may no longer be considering 50-year mortgages as a cost-saving measure for homebuyers.
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Bessent: US May Lift More Venezuela Sanctions Next Week
U.S. Treasury Secretary Scott Bessent has told Reuters that additional U.S. sanctions on Venezuela could be lifted as soon as next week to facilitate oil sales, and that he will also meet next week with the heads of the International Monetary Fund and World Bank on their...
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EJ Antoni to Newsmax: California Losing People to Failed Policies
Economist EJ Antoni warned on Newsmax on Saturday that a proposed California wealth tax targeting billionaires would likely accelerate the state's ongoing population decline and capital flight, arguing the policy continues a long-standing pattern of high earners leaving...
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Leavitt Hails New Debilitating US Weaponry: 'Stop and Read This'
The capture of Nicolas Maduro has apparently unveiled a new, mysterious, and overwhelmingly powerful tactical weapon to modern warfare."Stop what you are doing and read this… ????????????????????," White House press secretary Karoline Leavitt wrote Saturday on X,...
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Dick Morris to Newsmax: Billionaires Leaving Calif. Will Drag Newsom Down
Political strategist Dick Morris said on Newsmax's "Saturday Report" that progressive efforts in California to target billionaires with new taxes could seriously undermine Gov. Gavin Newsom's national political ambitions.
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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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Heritage to Newsmax: Trump's 10% Credit Card Cap Could Shrink Access
Heritage Foundation Chief Economist E.J. Antoni warned Saturday that President Donald Trump's call to cap credit card interest rates at 10% could backfire on the very consumers it's meant to help.
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Pediatricians Fear New Vaccine Rules Will Cost Lives
Dr. Molly O'Shea has noticed growing skepticism about vaccines at both of her Michigan pediatric offices and says this week's unprecedented and confusing changes to federal vaccine guidance will only make things worse.
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Google Founders Quit California Over Billionaires Tax Proposal
As a proposed ballot initiative threatens to impose a one-time wealth tax on the state's richest residents, billionaire Google co-founders Larry Page and Sergey Brin are scaling back their ties to California.
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NASA, SpaceX Set Target Date for Crew-11's Return
NASA ?on Friday said the space agency and SpaceX are targeting to undock the agency's SpaceX Crew-11 mission ?from the International Space Station no ?earlier than 5 p.m. Eastern time Jan. 14, pending ?weather conditions.
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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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N.Y. Sues Trump WH Over Pause on Offshore Wind Projects
New ?York's attorney general sued the Trump administration Friday for suspending construction on two major offshore wind projects that the state says it needs to power 1 million homes and reduce its reliance on fossil fuels.
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Bessent: Treasury Can Cover Tariff Refunds
The U.S. Treasury has more than adequate funds to pay any tariff refunds ordered if the Supreme Court rules against President Donald Trump's emergency tariffs, but any repayments would be spread out over weeks or even a year, Treasury Secretary Scott Bessent told Reuters.
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Bessent Says Overseas Money Transfers Are Fine If People Can Prove Origin of Funds
The U.S. Treasury Department's plan to increase scrutiny of overseas ?transfers of money should not harm people who can prove the funds did not come from social service payments, U.S. Treasury Secretary Scott Bessent told Reuters on Friday.
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Bessent: Australia, India Invited to G7 Minerals Talks
Treasury Secretary Scott Bessent said Australia ?and several other countries would join a meeting of finance ministers from the Group of Seven advanced economies that he is hosting in Washington on Monday to discuss critical minerals.
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Exxon Mobil CEO: Venezuela's Resources Offer 'Opportunity'
ExxonMobil CEO Darren Woods said the company needs to deploy a technical team to Venezuela to assess the condition of the country's deteriorated oil infrastructure, signaling early interest in a potential return following the capture of Venezuela's longtime strongman.
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Rare Copy of the Comic Book That Introduced the World to Superman Sells for $15 Million
A rare copy of the comic book that introduced the world to Superman and also was once stolen from the home of actor Nicolas Cage has been sold for a record $15 million.
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Judge Blocks Trump Freeze on Child Care Funds
A federal judge in New York temporarily blocked the Trump administration from freezing more than $10 billion in federal social services funding earmarked for New York, California, Minnesota, Illinois, and Colorado.
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FCC Approves SpaceX Plan to Deploy Additional 7,500 Starlink Satellites
The Federal Communications Commission said on Friday it has approved SpaceX's request to deploy another 7,500 second-generation Starlink satellites as it works to boost internet service worldwide.
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Stephen Moore to Newsmax: Schumer Shutdown Cost Trump a 6% GDP
Economist Stephen Moore argued on Newsmax on Friday that a record jump in the Federal Reserve Bank of Atlanta's GDPNow estimate shows the economy is surging despite last fall's federal shutdown.
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Rubio Lays Out Venezuela's Path Forward in 3 Phases
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 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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Broadcom, Chips Drive S&P 500 to Record Close
The S&P 500 rallied to close at a new record high Friday, lifted by Broadcom and other chipmakers, while a weaker-than-expected jobs report did little to alter expectations of interest rate cuts from the Federal Reserve this year.
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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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Mexico Should Be Next in US Narcoterrorism War
President Trump is updating the Monroe Doctrine. He said, "The Monroe Doctrine is a big deal, but we've superseded it by a lot." Under President Trump's doctrine, the goal is to prevent "hostile actors, foreign-backed criminal networks . . . from gaining footholds . . . "