Business

HUD secretary Ben Carson mistakes common real estate term with an Oreo cookie

2 monthes ago   |   By Baltimore Sun

HUD secretary Ben Carson is making a joke about his not knowing the difference between houses seized by banks and sandwich cookies. During a House Financial Services Committee hearing Tuesday, California representative Katie Porter asked the former surgeon why it seemed homes bought with Federal...
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HUD Secretary Ben Carson sent a pack of Oreos to a lawmaker after he flubbed a question about REOs during a congressional hearing

HUD Secretary Ben Carson sent a pack of Oreos to a lawmaker after he flubbed a question about REOs during a congressional hearing

2 monthes ago   |   By Business Insider

Secretary of Housing and Urban Development Ben Carson addressed a gaffe he made Tuesday at a US House Committee on Financial Services hearing with an attempt at a self-deprecating joke.
"OH, REO! Thanks, RepKatiePorter," Carson tweeted. "Enjoying a few post-hearing snacks. Sending some your way!"
Carson was asked by Rep. Katie Porter about REOs. The acronym stands for "real estate-owned" and it is used to discuss foreclosed properties.
"An Oreo?" Carson responded, before Porter explained the term.
Carson has been criticized for being underprepared to lead the organization, which is tasked...
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Oreo Mocks Ben Carson Cookie Confusion: REO Stands For 'Really Excellent Oreo - Everyone Knows That'

2 monthes ago   |   By Newsweek

Can you "explain the disparity in REO rates. Do you know what an REO is?" Rep. Katie Porter asked Department of Housing and Urban Department Secretary Ben Carson during a hearing on Tuesday. "An Oreo?" Carson responded.
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President Trump acknowledges China policies may mean US economic pain

President Trump acknowledges China policies may mean US economic pain

The president said tariffs on China, whether or not they hurt the U.S. in the short term, are needed to address long-term problems abroad. Read more ...

'Look forward to rescheduling': Trump scraps entire trip to Denmark after...

'Look forward to rescheduling': Trump scraps entire trip to Denmark after its prime minister rejected his idea of buying Greenland

President Donald Trump said in a tweet that he scrapped plans to meet with Denmark's prime minister after she rebuffed his idea of possibly purchasing the autonomous island of... Read more ...

Walmart is suing Tesla after its solar panels caught on fire at 7 stores

Walmart is suing Tesla after its solar panels caught on fire at 7 stores

Walmart has filed a lawsuit against Tesla 's solar energy unit in New York state. The retail giant alleges solar panels installed by Tesla caught on fire at seven... Read more ...

Trump evoked anti-Semitic tropes against American Jews while trying to prove...

Trump evoked anti-Semitic tropes against American Jews while trying to prove how pro-Israel he is

President Donald Trump used anti-Semitic language on Tuesday as he criticized American Jews who vote for Democrats. The president said American Jews who vote Democratic display... Read more ...

Trump team braces GOP donors for a potential ‘moderate and short' recession

Trump team braces GOP donors for a potential ‘moderate and short' recession

In public, President Donald Trump and top White House officials keep extolling the strength of the U.S. economy. In private, they're increasingly worrying about a global... Read more ...

Ivanka tried convincing Trump on background checks by visualizing it as a...

Ivanka tried convincing Trump on background checks by visualizing it as a 'historic' Rose Garden ceremony. The NRA had other thoughts

President Donald Trump was moving closer to supporting universal background checks, a legislative proposal that has historically incensed the National Rifle Association, but... Read more ...

Trump confirms he's considering payroll tax cuts, a day after the White...

Trump confirms he's considering payroll tax cuts, a day after the White House denied such a proposal

President Donald Trump confirmed Tuesday the White House would consider further tax cuts in an attempt to boost the economy. That came even as he continued to downplay growing... Read more ...

Trump sparked widespread outrage after saying Jewish Americans voting for...

Trump sparked widespread outrage after saying Jewish Americans voting for Democrats shows 'great disloyalty'

President Donald Trump sparked widespread outrage and confusion on Tuesday when he said that Jewish Americans voting for Democrats was showing "great disloyalty." Trump made... Read more ...

MoviePass customers' credit card information was reportedly left exposed in...

MoviePass customers' credit card information was reportedly left exposed in an online database without a password

A MoviePass server that wasn't secured with a password containing 58,000 unencrypted MoviePass customer card and credit card numbers was left out in the open for anyone to find... Read more ...

Track sensation Matthew Boling was used as a ringer in a race between...

Track sensation Matthew Boling was used as a ringer in a race between University of Georgia football players and coaches and recreated one of his iconic finishes

Sprinting sensation Matthew Boling made a surprise appearance at football practice for the Georgia Bulldogs. Boling, a freshman at Georgia this year, tagged in for head coach... Read more ...