Today’s Breaking News

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US single-family housing starts rebound in October, building permits dip

Single-family housing starts, which account for the bulk of homebuilding, increased 5.4% to a seasonally adjusted annual rate of 874,000 units in October, the Commerce Department’s Census Bureau said on Friday. Starts dropped to a pace of 829,000 units in September from a 869,000-unit pace in August.The repor …

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Meta strikes nuclear power agreements with three companies

WASHINGTON, Jan 9 (Reuters) – Meta Platforms said on Friday it struck 20-year agreements to buy power from three Vistra nuclear plants in the U.S. heartland and develop projects with two companies hoping to build small modular reactors. Shares of Oklo surged nearly 20%, whereas Vistra rose about 8% in prema …

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Trump’s Venezuela focus frustrates top aides worried about midterm elections

WASHINGTON, Jan 9 (Reuters) – President Donald Trump’s focus on the brazen U.S. capture of Venezuelan leader Nicolas Maduro is frustrating some White House aides and Republican lawmakers, who want him to address economic and healthcare concerns in an election year, according to three people familiar with the …

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Rio Tinto’s bid for Glencore piles pressure on BHP

LONDON, Jan 9 (Reuters) – Rio Tinto’s talks to buy Glencore and create a new global industry leader could spur consolidation efforts across the copper-hungry mining sector and heap pressure on BHP, currently the world’s biggest miner, to respond.If the bid succeeds, and depending on any final value, it could …

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