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Trump taps Pulte for a top intelligence job. This makes an IPO for Fannie and Freddie look even more unlikely.
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
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
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?
“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
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 Source
It’s official: More money is now spent building data centers than the government spends on transportation
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
Americans are using buy-now-pay-later for gas and groceries, showing just how expensive daily necessities are now
With gas prices up more than $1 a gallon from last year’s average, Americans are turning to buy-now-pay-later at the pump. Article Attribution | Read More at Article Source
Many Americans now need $20,000 in an emergency savings fund. Yes, really.
The old rules of thumb are broken — here is why a three-month cash buffer is ‘almost dangerous’ Article Attribution | Read More at Article Source
Gold is an awkward asset for central banks to hold. It’s now moved ahead of U.S. debt anyway.
The debt of the world’s biggest economy is no longer the primary reserve asset for central banks worldwide. Article Attribution | Read More at Article Source
Nvidia’s Huang said Marvell could join the trillion-dollar club — and the stock immediately surges
Nvidia CEO Jensen Huang called the semiconductor company “so essential” to the development of artificial intelligence. Article Attribution | Read More at Article Source
I’m 55, married and want a $1.5 million long-term care policy. Can I expect any nasty surprises?
“I’m not looking for a ‘don’t do it’ opinion.” Article Attribution | Read More at Article Source
Musician Charlie Puth sells unique Studio City mansion for $2.1 million amid world tour
Singer-songwriter Charlie Puth has sold an ultramodern “sculptural” residence in Studio City for $2.1 million—less than a year after putting the architectural marvel on the market. Article Attribution | Read More at Article Source