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Trump Administration Unveils Plan To Privatize The Organizations That Back Most U.S. Home Mortgages
Critics say the plan will make mortgages more expensive. -
Officials Defend Plan To End Government Control Of Fannie, Freddie
Treasury Secretary Steven Mnuchin and Housing and Urban Development Secretary Ben Carson are testifying Tuesday before the Senate Banking Committee on the plan for returning Fannie and Freddie to private ownership. -
Tepid U.S. Jobs Report Adds To Economic Jitters
The Labor Department says U.S. employers added 130,000 jobs in August, less than private analysts had expected. The unemployment rate was unchanged at 3.7%. -
Trump Plan For Home Loans Rattles Watchdogs
The administration unveiled a plan to reprivatize Fannie Mae and Freddie Mac that has lending advocates worried. But any changes are likely to be gradual. -
Hey, Look What's New At The State Fair: The Federal Reserve
Beyond animals and fun foods, the Minnesota State Fair has a new attraction this year: the Minneapolis Federal Reserve. It's giving away (shredded) money and information about what the bank does. -
What If Money Had An Expiration Date?
He was the economic minister for a government that lasted only a month in the 1800's. But what if his ideas were just ahead of his time? -
White House Says Trump Regrets Not Raising Trade Taxes On China Higher
The escalating trade war with China has caused markets to plunge, and many economists see a rising risk of recession. But Trump offered no regrets for raising tarriffs at a G-7 meeting on Sunday. -
Trade War Heats Up Again As China Sets Tariffs On $75 Billion In U.S. Goods, Autos
China says it will slap tariffs on autos and thousands of other U.S. goods. It's an escalation of a trade war that has rippled through the world economy and raised U.S. recession fears. -
Tomato Truce: U.S. And Mexico Strike A Deal On Imports
The U.S. agreed to lift tariffs on imported tomatoes from Mexico. But importers warn that stepped-up inspections could still create bottlenecks, limiting supplies and raising produce prices. -
Trump Dismisses Recession Fears, Says Fed Must Help The Economy
The Trump administration pushed back hard against warnings of an economic slowdown. But the president is also calling on the Federal Reserve to cut interest rates again to help boost growth.