Business news
- Here’s what’s happening now with mortgage rates after Trump's latest push on housing affordability - President Donald Trump posted on social media Thursday that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds.
- U.S. payrolls rose 50,000 in December, less than expected; unemployment rate at 4.4% - Nonfarm payrolls were expected to rise by 73,000 in December as the unemployment rate moved lower to 4.5%.
- Iran's leader accuses protestors of acting for Trump - Iran's supreme leader accused protesters of acting on behalf of U.S. President Donald Trump by destroying public properties in their own country.
- Trump to meet with oil executives at White House. What we know about U.S. plans for Venezuela - The oil industry has been mostly silent on Venezuela as the security situation and stability of the government in Caracas is far from clear.
- Meta signs nuclear energy deals to power Prometheus AI supercluster - Meta said it secured agreements with energy companies Vistra, TerraPower and Oklo, which are all working on nuclear power technologies.
- Trump says he’s cancelled second wave of attacks on Venezuela - He added that at least $100 billion will be invested in Venezuela by U.S. oil giants.
- Rio Tinto and Glencore restart talks over mega-merger that would create the world's largest mining firm - If completed, the deal would see the formation of the world’s biggest mining company.
- Trump is desperate to take Greenland. Can NATO defend itself — and is it willing to? - Trump’s ambition for Greenland raises questions about what happens when two NATO members come to blows.
- Hopes rise for Chinese property support ahead of key March meeting - China may be reassessing its approach to the property sector after a flagship party journal urged more forceful measures.
- Hanwha Aerospace soars 11%, leading Asian defense stocks rally - Asia-Pacific markets traded mixed Friday as investors parsed China's inflation data.