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.
Mortgage rates fell 22 basis points after President Donald Trump instructed mortgage giants Fannie Mae and Freddie Mac to buy $200 billion in mortgage-backed bonds, or MBS. Analysts predict that $200 billion of MBS purchases could drive a 25 to 50 basis point drop in mortgage rates. CNBCs Diana Olick breaks it down.
The Trump administration has not yet ruled out the use of military force to take over the semi-autonomous territory of Greenland, which is partially controlled by fellow NATO member Denmark.
Wyclef Jean, Fugees founding member and Circle Global Culture advisor, and Kash Razzaghi, Circle chief business officer, discuss bringing stablecoin innovation to the global stage with Romaine Bostick and Katie Greifeld on “The Close.” Jean says he wants to promote a borderless vision for stablecoins. (Source: Bloomberg)
Lindsay Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management speaks with Scarlet Fu about the jobs report, Fed monetary policy and President Trumps mortgage bond announcement. (Source: Bloomberg)
Carly Davenport, U.S. utilities analyst at Goldman Sachs, says the firm expects increased natural gas use, fewer coal plant retirements, more nuclear power added to the grid, and continued growth in renewables. She speaks with Romaine Bostick and Katie Greifeld on “The Close.” (Source: Bloomberg)
CALGARY, Alberta, Jan. 09, 2026 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company”, “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) announces that the Board of Directors of the Company has adopted a Shareholder Rights Plan with Odyssey Trust Company as Rights Agent effective today.
Major stock indexes jumped to record highs and the dollar was also up on Friday after data showed the U.S. economy created fewer jobs than expected in December, which did little to change rate cut expectations from the Federal Reserve this year.
The Indiana Pacers had four players make it through Wednesday without getting waived, meaning their contract is fully guaranteed for the 2025-26 NBA season.
On "Bloomberg Real Yield", Meghan Robson, head of US credit strategy at BNP Paribas, and Zachary Griffiths, head of US IG & macro strategy at CreditSights, speak with Scarlet Fu about the credit market. Global bond sales had their busiest ever start to a year. US high grade sales this week topped $90 billion and was the busiest week ever for a non-Covid year. (Source: Bloomberg)
Brooks Koepka has applied for reinstatement to the PGA Tour and reinstatement of his PGA Tour membership. It is unclear what, if any, disciplinary process he may face.
Neil Atkinson, visiting fellow at the National Center for Energy Analytics and former IEA oil markets chief, says Venezuela’s oil industry has severely deteriorated. He tells Katie Greifeld and Romaine Bostick on “The Close” that China’s involvement is driven more by political influence than oil demand. (Source: Bloomberg)
The Federal Aviation Administration has approved Boeings largest variant of its best-selling 737 MAX jet, the MAX 10, to move to the second phase of flight testing on the planes long-delayed certification campaign, according to a source familiar with the program.