Trump taps Pulte for a top intelligence job. This makes an IPO for Fannie and Freddie look even more unlikely.

by News Feed Editor | Jun 2, 2026 | Stock Market

Shares in Fannie Mae and Freddie Mac tumbled Tuesday as traders reacted to President Donald Trump’s announcement that Bill Pulte, the chair of the two government-backed mortgage giants, would serve as acting director for national intelligence. Article Attribution |...

NYC bar uses prediction markets to hedge against a new financial risk: A Knicks victory

by News Feed Editor | Jun 2, 2026 | Stock Market

Wall Street investors use financial derivatives to hedge against shifts in interest rates and exchange rates. Farmers use them to lock in the price of their crops. Now, one New York City bar is using Kalshi, a CFTC-regulated prediction-markets platform, to hedge...

This space stock is rising as Blue Origin predicts quick recovery from big explosion

by News Feed Editor | Jun 2, 2026 | Stock Market

Blue Origin says it should be able to launch its New Glenn rocket before the end of 2026, which could help AST SpaceMobile. Article Attribution | Read More at Article Source

My sister, mother and I are giving my son $20,000 toward a down payment. Do we report it to the IRS?

by News Feed Editor | Jun 2, 2026 | Stock Market

“I’m confident that I will never exceed the lifetime gift-tax exemption.” Article Attribution | Read More at Article Source

Job openings leap to a 2-year high — but there’s a big catch

by News Feed Editor | Jun 2, 2026 | Stock Market

The number of U.S. job openings jumped to a two-year high of 7.6 million in April, a surprising increase that suggest businesses might be ready to hire more people after big slowdown in job creation last year. Article Attribution | Read More at Article...

It’s official: More money is now spent building data centers than the government spends on transportation

by News Feed Editor | Jun 2, 2026 | Stock Market

A notable milestone was quietly reached in the April construction-spending report released by the Census Bureau on Monday: Construction spending on data centers overtook public spending on transportation. Article Attribution | Read More at Article Source