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Business
Bill Ackman to unveil plan for mortgage giants Fannie Mae and Freddie Mac this week
Billionaire hedge fund manager Bill Ackman said he will unveil a new proposal next week involving Fannie Mae and Freddie Mac, the mortgage-finance giants that have been under…
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Energy secretary says DOE loan office will largely finance nuclear power plants, reflecting Trump priorities
U.S. Energy Secretary Chris Wright announced Monday that the Department of Energy’s Loan Programs Office (LPO) will largely focus on financing nuclear power plants. "By far…
New venture seeks to boost America's edge over China in AI, energy, and defense: 'Our effort to punch…
Black Flag, an accelerator focused on technologies vital to America’s national security, recently unveiled a new initiative aimed at helping the U.S. maintain its…
Former Federal Reserve official Adriana Kugler violated trading rules: report
A former governor on the Federal Reserve Board who suddenly stepped down from her role over the summer violated the bank’s trading rules, according to a report Saturday citing…
Single ticket sold in Georgia captures $980M Mega Millions jackpot
A single ticket sold in Georgia won the estimated $980 million Mega Millions jackpot, which is the eighth largest in its history, the lottery announced Saturday. The last…