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White House allows blocked reporters in after judge lifts Trump ban
Source: CNBC
Original reporting
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CNBC
Student loan borrowers sue Trump administration over forgiven debts on credit reports
Student loan holders sued the Education Department on Thursday, claiming they suffered financial damages despite getting their debts forgiven years ago.
CNBC
Oracle sends 'force majeure' notice about data center project — stock sinks 4%
Oracle is reportedly looking to delay payment on Project Jupiter if it the data center fails to come online in 2028
CNBC
New York sues Polymarket U.S., two months after filing lawsuit against Kalshi
State attorney general Letitia James claims Polymarket has violated the state's gambling laws.
CNBC
Hyundai expected to outsell Ford in third quarter as Detroit automakers lack hybrids
Cox analysts said Ford and General Motors are seeing sales lag because they don't have many hybrid vehicles.
CNBC2 outlets
Trump, Xi to talk Taiwan, AI, trade and Iran as DC summit kicks off
Trump greeted China's Xi at Joint Base Andrews, marking the U.S. president's first time traveling to the facility to welcome a foreign leader.
The Guardian
Vistry is the laggard in a housebuilding sector full of cracks | Nils Pratley
Group shrinks ambitions from 20,000 to just 12,000 homes a year in an attempt to balance the books The entire housebuilding sector is in a funk, grumbling about energy prices, the cost of labour, regulation, planning delays, taxes and more, but few have messed up a bad hand quite like Vistry. Three years ago this mashup of the Bovis, Linden and Countryside brands aspired to build 20,000 houses a year, and made itself the darling of the incoming Labour government by betting big on “affordable mixed-tenure housing” in partnership with councils, housing associations and institutional landlords. The City, too, fell for former executive chair Greg Fitzgerald’s promise that a “capital light” approach of pre-selling homes via a partnership model would yield oodles of cash. The share price doubled to almost £14 between October 2023 and August 2024. Continue reading...