Privatizing Fannie Mae and Freddie Mac in GOP plans
Republicans argue FHFA conservatorship blocks competition and keeps taxpayers at risk, backing privatization as a key Project 2025 goal. Critics warn rising mortgage costs would hit buyers hard, with analyses predicting 0.43 to 0.97 percent higher 30 year rates and annual costs up to 1670 dollars for typical borrowers.
MENTIONED IN THIS ARTICLE
Donald Trump
Fannie Mae
Freddie Mac
Federal Housing Finance Agency
Joe Biden
U.S
Trump
Kamala Harris
North Carolina
Jim Parrott
Mark Zandi
Parrott
The
Urban Institute
Zandi
Moody’s Analytics
Associated Press
National Economic Council
Barack Obama
Mark Calabria
FHFA
Calabria
Libertarian Cato Institute
Zandi’s
Last Kmart on U S mainland quietly clings to life in Miami
The Miami Kmart near a busy suburb endures as the chain rapidly wanes. Once a 2,500-store empire, Kmart now has four U S locations plus Guam and the Virgin Islands plus Transformco, with no immediate closing plan. The store appears immaculate and well organized with a mixed assortment from appliances to toys. The faded blue light slogan remains echoed by a robotic welcome and old sale announcements.
MENTIONED IN THIS ARTICLE
Miami
Kmart
U.S
Marshalls
Hobby Lobby
PetSmart
Dollar Tree
Juan de la Madriz
At Home Department Store
Stocks end six week rally with mixed Friday finish
U S equity indices closed with a mixed session as the S&P 500 and Dow drifted into a weekly loss, while the Nasdaq rose. Gains in Deckers Outdoor L3Harris Technologies and Western Digital helped bolster tech strength as earnings season continues to shape sentiment.
MENTIONED IN THIS ARTICLE
U.S
Treasury
Mark Hackett
Nationwide
Wall Street
Capital One Financial
Ugg
Deckers Outdoor
L3harris Technologies
Western Digital
McDonald’s E coli outbreak sickens 75 across 13 states
The CDC says at least 75 people in 13 states are ill, 22 hospitalized and two with kidney complications, with one death in Colorado. FDA notes likely source as uncooked slivered onions. Taylor Farms supplied onions and recalled yellow onions from Colorado. McDonald’s pulled Quarter Pounders in affected regions. Illnesses date from Sept 27 to Oct 11.
MENTIONED IN THIS ARTICLE
Centers For Disease Control and Prevention
Colorado
U.S. Food and Drug Administration
FDA
Taylor Farms
CDC
McDonald’s
Midwest
Montana
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