PRESS DIGEST- New York Times business news - January 9

Reuters01-09
PRESS DIGEST- New York Times business news - January 9

Jan 9 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

- U.S. President Donald Trump said he had ordered Fannie Mae and Freddie Mac to buy up to $200 billion in mortgage-backed bonds, a move aimed at easing home purchases.

- A group of House Democrats asked the inspectors general of the State and Commerce Departments to investigate whether White House Middle East envoy Steve Witkoff violated ethics rules by mixing his official duties with his family's business interests.

- China has launched an investigation on Meta's META.O acquisition of AI start-up Manus to determine whether the deal complies with the country's technology export and outbound investment rules.

- U.S. federal agents shot two people during a traffic stop in Portland, Oregon, a day after a fatal agent-involved shooting in Minneapolis intensified criticism of the Trump administration's immigration crackdown.

(Compiled by Bengaluru newsroom)

((globalnewsmonitoring@thomsonreuters.com))

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