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BofA to buy $9 billion residential mortgage loan from Canada’s TD, source says

Financial Wealth DailyFebruary 7, 2025March 19, 20250

By Saeed Azhar (Reuters) -Bank of America has agreed to buy a $9 billion portfolio of residential mortgage loans from…

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US judge weighs blocking Trump from dismantling USAID

Financial Wealth DailyFebruary 7, 2025March 19, 20250

By Andrew Goudsward, Nate Raymond and Daphne Psaledakis WASHINGTON (Reuters) -A U.S. judge is weighing whether to temporarily block the…

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Boston Fed maps out inflation response to Trump trade tariffs

Financial Wealth DailyFebruary 6, 2025March 19, 20250

By Michael S. Derby NEW YORK (Reuters) – The full suite of tariffs sought by the Trump administration would have…

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OpenAI’s Stargate AI venture is scouting for US data center sites

Financial Wealth DailyFebruary 6, 2025March 19, 20250

By Anna Tong, Akash Sriram SAN FRANCISCO (Reuters) -ChatGPT maker OpenAI said on Thursday that it is evaluating U.S. states…

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Musk’s DOGE agents access sensitive government personnel data, Washington Post reports

Financial Wealth DailyFebruary 6, 2025March 19, 20250

WASHINGTON (Reuters) -Agents working for billionaire Elon Musk have accessed highly restricted government records on millions of federal employees maintained…

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OpenAI cites US roots to dodge India courts, but lawyers say case can be heard

Financial Wealth DailyFebruary 6, 2025March 19, 20250

By Arpan Chaturvedi, Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) -OpenAI faces an uphill climb as it argues that…

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Tiktok’s Chinese owner appears to be slow-rolling negotiations for sale, Washington Post reports

Financial Wealth DailyFebruary 5, 2025March 19, 20250

(Reuters) – Short video app TikTok’s owner ByteDance seems to be slow-rolling negotiations for a sale while waiting for approval…

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Google scraps diversity-based hiring targets, WSJ reports

Financial Wealth DailyFebruary 5, 2025March 19, 20250

(Reuters) -Alphabet’s Google is scrapping its goal to hire more employees from historically underrepresented groups and is reviewing some of…

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UnitedHealth raises concerns over Bill Ackman’s post on X with SEC

Financial Wealth DailyFebruary 5, 2025March 19, 20250

(Reuters) – UnitedHealth has reached out to the U.S. Securities and Exchange Commission about billionaire investor Bill Ackman’s now-deleted post…

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Banks sell down $5.5 billion of Musk’s X debt to investors, source says

Financial Wealth DailyFebruary 5, 2025March 19, 20250

By Shankar Ramakrishnan NEW YORK (Reuters) -Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of…

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