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- The Potential Fallout From a Legal Attack on Powell
A criminal investigation into Jay Powell, the Federal Reserve chair, may be the most consequential attack yet on the central bank’s political independence. ...[TheTopNews] Read More.16 mins ago - Escrow payments rising nationwide with homeownership less attainable
Rising escrow payments are eating into Americans' budgets, creating an even bigger barrier for people trying to enter the housing market this year, according to a new report.These escrow payments, the portion of a monthly mortgage that goes toward property taxes and homeowners insurance, are considered one of the biggest risks to the U.S. housing market in the new year, threatening market participation, according to the Cotality 2026 property market trends analysis. The analysis closely examined how these payments, which are already hammering current homeowners, will continue to rise in the new year.MORE THAN HALF OF US HOMES LOST VALUE OVER THE LAST YEARIn 2025, non-mortgage costs, which are essentially expenses required to own a home but not part of the loan and collected and paid by the lender, jumped 30%. However, some states, particularly those where natural disasters are more common, faced a steeper rise in costs.For instance, in Florida… ...[TheTopNews] Read More.21 mins ago - Trump to interview BlackRock’s Rick Rieder for Fed chair role
Exclusive: President Donald Trump will interview Rick Rieder, BlackRock’s chief investment officer of global income, this week to possibly be the next chairman of the Federal Reserve, administration sources told FOX Business.The sources said the interview with Rieder will take place on Thursday at the White House. It will include Trump, chief of staff Susie Wiles, Treasury Secretary Scott Bessent and deputy chief of staff Dan Scavino.This will be the fourth and last interview with a candidate to replace Federal Reserve Chairman Jerome Powell, the sources said. Powell’s term as chairman ends on May 15. He was nominated by Trump to lead the Fed in 2017 and confirmed in 2018.Now, in addition to Rieder, the list of finalists includes former Federal Reserve Board Governor Kevin Warsh, National Economic Council Director Kevin Hassett and Federal Reserve Board Governor Christopher Waller.Trump says he will make his selection in January. If the president… ...[TheTopNews] Read More.40 mins ago - Trump may keep ExxonMobil out of Venezuela after CEO comments: ‘I didn’t like their resp...
President Donald Trump signaled Sunday that ExxonMobil could be excluded from any future U.S. involvement in Venezuela’s oil sector, saying he was unhappy with the company’s response following a meeting at the White House last week.Trump told reporters aboard Air Force One that the oil giant was "playing too cute.""I didn't like Exxon's response. You know, we have so many that want it. I'd probably be inclined to keep Exxon out. I didn't like their response," he said.ExxonMobil CEO Darren Woods told the administration on Friday at a roundtable event with other industry executives that Venezuela is currently "uninvestable," citing weak legal protections, past asset seizures and the need for major changes to the country’s hydrocarbon laws before ExxonMobil would consider reentering.TRUMP PLANS TO MEET WITH VENEZUELA OPPOSITION LEADER MARIA CORINA MACHADO NEXT WEEKWoods said the company would take a long-term approach and would need durable legal and investment protections,… ...[TheTopNews] Read More.43 mins ago - Faisal Islam: Trump faces extraordinary moment in spat with Fed chair
Jerome Powell's public response to a DoJ investigation could be a seismic moment for Donald Trump's presidency. ...[TheTopNews] Read More.56 mins ago - Library runs coffee mornings to tackle isolation
The sessions are an opportunity for people to connect but also for people who do not wish to chat. ...[TheTopNews] Read More.57 mins ago
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