The U.S. Treasury on Thursday said the government should draw up a plan to begin recapitalizing mortgage giants Fannie Mae and Freddie Mac, while calling on Congress to pen a comprehensive housing reform that would allow them to be safely freed from government control.
A weakened but still deadly Hurricane Dorian crept up the Southeastern seaboard Wednesday, and millions were ordered to evacuate as forecasters said near-record levels of seawater and rain could swamp the coasts of Georgia and the Carolinas.
The Pentagon plans to tap into $3.6 billion in funding set aside for military construction projects and instead funnel it toward building a wall on the U.S. southern border with Mexico helping to make good President Donald Trump’s signature campaign promise.
The economy is on everyone's mind this week as fears about a possible recession continue to capture headlines. Now, the Bureau of Labor Statistics has released some revised employment numbers showing 500,000 fewer jobs were created than initially reported.