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…
Minimum Wage Rises in Some States as Workers Struggle With Basic Costs
This year, for the first time, more Americans will earn a minimum wage of $15 per hour or higher than…
China Is Investigating Meta’s Latest A.I. Acquisition
Regulators said they will look at whether the deal for Manus, a Singapore start-up with Chinese roots, complied with China’s…
Push to Audit Private Equity and Venture Capital Falters Under Trump
Specialists have left the I.R.S. and audits have been abandoned since the president returned to office.
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…
Google and Character.AI to Settle Lawsuit Over Teenager’s Death
The settlement came in the case of a 14-year-old in Florida who had killed himself after developing a relationship with…
China’s Threat to Block Rare Earths Has Put Japan on High Alert
Tokyo is concerned at signs that Beijing may be laying the groundwork to restrict access to the metals vital to…
Fed’s Independence Faces Critical Tests as Trump Seeks to Remake Institution
The central bank faces two major hurdles early on in 2026 that will determine the extent to which it operates…
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…
Trump Claims Venezuela Will Send U.S. Millions of Barrels of Oil. Here’s What to Know.
It is unclear what, if anything, Venezuela would get in return for the oil, which is worth somewhere between $1.8…