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Fed’s Kugler says data will drive Fed policy choices amid uncertainty

By Michael S. Derby (Reuters) – Federal Reserve Governor Adriana Kugler said on Friday the U.S. central bank is uncertain about what the economy will deliver in 2025 and will let upcoming economic data drive the course of monetary policy….

PayPal accused of racial bias against Asian Americans in funding program

By Jonathan Stempel NEW YORK (Reuters) – PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting part of a $535 million investment program to Black and Hispanic applicants, costing…

FBI says suspect in Cybertruck blast had no animosity towards Trump, had PTSD

WASHINGTON (Reuters) – The FBI said on Friday that the suspect in the Tesla (NASDAQ:TSLA) Cybertruck that exploded outside the Trump International Hotel in Las Vegas had no animosity towards President-elect Donald Trump and likely had post-traumatic stress disorder. The…

MicroStrategy aims to raise $2b via preferred stock sale

Investing.com — MicroStrategy, a business intelligence company, has revealed plans to raise up to $2 billion through one or more offerings of perpetual preferred stock. The purpose of the offering is to allow MicroStrategy to continue to strengthen its balance…

Fannie Mae, Freddie Mac shares surge after federal agencies reveal privatization path

By Niket Nishant and Manya Saini (Reuters) -Shares of Fannie Mae (OTC:FNMA) and Freddie Mac (OTC:FMCC), the mortgage giants under U.S. government control since 2008, surged to multi-year highs on Friday after federal agencies revealed a framework for their “orderly”…

DOJ urges Supreme Court to reject Trump request to delay TikTok ban law

(Corrects paragraph 5 to remove extraneous ‘not’) By David Shepardson WASHINGTON (Reuters) – The U.S. Department of Justice asked the Supreme Court late on Friday to reject President-elect Donald Trump’s request to delay implementation of a law that would ban…