Mortgage rates fell sharply on Friday, a day after President Donald Trump said on social media that he is instructing mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds. “This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” he said…
CNBC’s Jim Cramer said Friday that investors shouldn’t read too much into uneventful unemployment data, arguing that a lack of surprises on the labor front is actually giving the market room to reveal the real story: a broad-based rally spreading well beyond last year’s winners. “When you get an employment report that’s basically uneventful, it…
U.S. President Donald Trump takes questions from reporters, as he attends a meeting with oil industry executives, at the White House in Washington, D.C., U.S., Jan. 9, 2026. Kevin Lamarque | Reuters President Donald Trump said Friday his administration will take action on Greenland “whether they like it or not,” further escalating his rhetoric as…
President Donald Trump met Friday afternoon with more than a dozen oil companies at the White House to discuss plans for investment in Venezuela, less than a week after the U.S. ousted President Nicolas Maduro. Exxon CEO Darren Woods, ConocoPhillips CEO Ryan Lance, and Chevron Vice Chairman Mark Nelson attended. Executives from Halliburton, Valero and…
Iranians gather while blocking a street during a protest in Kermanshah, Iran on January 8, 2026. Kamran | Afp | Getty Images Iran’s supreme leader on Friday lashed out at anti-government protesters, saying they were “vandals” acting on behalf of U.S. President Donald Trump by destroying public properties. In a broadcast on national television, reported…
President Donald Trump in a social media post Thursday evening indirectly revealed data from Friday’s market-moving nonfarm payrolls count, an apparent violation of long-standing federal policy on statistical releases. In a Truth Social post around 9 p.m., the president indicated that private sector payrolls had expanded by 654,000 for the full year of 2025, a…
(COMBO) This combination of pictures created on December 17, 2025, shows Mexico’s President Claudia Sheinbaum speaking during her daily press conference at Palacio Nacional in Mexico City on November 28, 2025, and US President Donald Trump looking on during a Mexican Border Defense Medal presentation in the Oval Office of the White House in Washington,…
A cargo ship sits in New York Harbor on Nov. 19, 2025 in New York City. Spencer Plat | Getty Images The Supreme Court did not rule Friday on the legality of broad tariffs imposed by President Donald Trump, leaving markets still awaiting a decision poised to have far-reaching impacts on trade policy and the…
National Economic Council Director Kevin Hassett said Friday the White House could deploy alternative measures if the Supreme Court rules against President Donald Trump’s use of emergency powers to impose sweeping levies. “There was a big call last night with all the principals to talk about if the Supreme Court were to rule against this…
US President Donald Trump speaks during the House Republican Party (GOP) member retreat at the Kennedy Center in Washington, DC, on January 6, 2026. Mandel Ngan | Afp | Getty Images U.S. President Donald Trump said he has canceled a fresh military attack on Venezuela, saying the two countries “are working well together,” on rebuilding…
