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PRIVATIZATION OF FANNIE MAE FREDDIE MAC
US construction spending inches up in May, but homebuilding weakIn May, US construction spending edged up by a mere 0.1%, influenced by increased mortgage rates partly due to tensions in the Middle East....- Mortgage refinance rates today: Check current mortgage interest rates for 30-year, 20-year, 15-year, 10-yearMortgage interest rates today: It averaged 6.49 per cent last week. Spending on multi-family housing units, which account for a small share...
- Apple accuses CCI investigators of 'copy-pasting' rivals' claims in antitrust investigationApple has accused Indian antitrust investigators of merely copying rivals' claims without independent analysis in its competition law probe...
- ETtech Deals Digest: Cred’s mega round lifts startup funding to $1.09 billion this week, up 290% on-yearIndian startups secured a significant $1.09 billion in funding across 14 deals, with fintech giant Cred leading the charge with a massive $...
- US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
- Who is Amy Hillyard? Search intensifies as private investigators renew efforts in case of missing 52-year-old mother of twoA San Francisco coffee shop co-owner, Amy Hillyard, remains missing after nearly three months. Private investigators, funded by a significa...
- Trump's critical minerals pricing plan faces skeptical G7, divided industryAmerica's plan to control critical mineral prices faces hurdles. G7 nations and the US mining sector are divided. The proposal aims to redu...
- Zen proverb of the day: "Knowledge is learning something every day. Wisdom is letting go of something every day." Knowledge vs wisdom? How true unlearning unlocks growth, success, and inner peaceEver thought why some people keep gaining knowledge yet never find real wisdom? The Zen proverb of the day reveals a powerful truth. Learni...
- Apple bets on overdue Siri fix to close AI gapThe revamp, unveiled at its annual Worldwide Developers Conference in Cupertino, California, introduces "Siri AI," a more conversational as...
- WWDC26: Apple Intelligence gets a major expansion with smarter apps, AI photo tools, and deeper system integrationApple is launching Apple Intelligence, bringing AI to its devices. New features will enhance Photos, Safari, and communication apps. Users ...
- WWDC26: Apple's new Siri AI aims to become a truly personal assistantApple unveiled Siri AI at WWDC26, a significant overhaul powered by Apple Intelligence. The new Siri understands personal context across ap...
- WWDC 2026: Siri AI, Apple Intelligence, child safety tools and more — Biggest announcements from AppleApple has announced its biggest AI advancements at WWDC 2026. A completely redesigned Siri will understand context and perform actions acro...
- Apple WWDC 2026: Siri gets an AI makeover, its biggest upgrade since 2011 debutApple has launched a major Siri upgrade at WWDC 2026. The new Siri AI offers improved conversational skills and a redesigned interface. Thi...
- Trump picks inexperienced ally Bill Pulte to replace Tulsi Gabbard as top US intelligence officalPresident Donald Trump has appointed Bill Pulte, a loyalist housing official, as the new head of US intelligence. Pulte, who lacks national...
- Who is Bill Pulte? Trump names FHFA Director as acting Intelligence Chief in major leadership shiftBill Pulte, Director of the Federal Housing Finance Agency, has been appointed as acting Director of National Intelligence by President Don...
- First big decision by Donald Trump on economy: The President-elect will privatise US' two largest government-owned lenders Fannie Mae and Freddie Mac, says Bill AckmanDonald Trump’s return to the presidency could bring a monumental change to the U.S. economy, as hedge fund billionaire Bill Ackman predicts...
- BofA CEO Moynihan: Don't be quick to ditch Fannie, FreddieBrian Moynihan said the taxpayer-supported mortgage giants, Fannie Mae and Freddie Mac, should not be eliminated as policymakers calibrate ...
- Fannie Mae, Freddie Mac to shell out $210 mn as bonusesAt a time when executive compensation has come under the lens, beleaguered American mortgage majors Fannie Mae and Freddie Mac are planning...
- McCain and Obama intervene on Freddie-Fannie bailoutsMcCain slammed the federal rescue of mortgage giants Fannie Mae and Freddie Mac as outrageous, as Obama expressed disquiet over hefty sever...
- US Congress throws a lifeline at Freddie, FannieHouse of Representatives to vote on Wednesday on rescue plan for beleaguered mortgage finance providers.
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