| |  Fannie, Freddie deal helps some borrowers, not all
5:59PM CT
NEW YORK (AP) - The government's historic bailout of Fannie Mae and Freddie Mac on Sunday will be good news to homebuyers and some homeowners hoping to refinance if it leads to lower mortgage rates, as experts expect. | | |
 Wall Street may cheer Fannie, Freddie bailout
5:55PM CT
NEW YORK (AP) - Wall Street finally got what it's been angling for: a bailout of Fannie Mae and Freddie Mac that could aid a recovery of the broken U.S. housing market and arrest a slide in stock and credit markets worldwide. | | |
OPEC considers cutting oil production
4:26PM CT
VIENNA, Austria (AP) - With oil prices off nearly 30 percent from their highs of almost $150 a barrel, OPEC oil ministers are considering what was unthinkable just a few weeks ago — cutting back output to prop up the price of crude. | | |
Gulf oil and gas producers give Ike a serious look
3:49PM CT
NEW YORK (AP) - Efforts to bring oil and gas production back online in the Gulf of Mexico slowed Sunday as Hurricane Ike barreled toward the nation's energy complex, likely to be the second hurricane to slam into the Gulf in as many weeks. | | |
 US Government takes over mortgage giants
3:12PM CT
WASHINGTON (AP) - The Bush administration seized control Sunday of troubled mortgage giants Fannie Mae and Freddie Mac, aiming to stabilize the housing market turmoil that is threatening financial markets and the overall economy. | | |
Cruise lines change course to cut fuel
2:18PM CT
PORTLAND, Maine (AP) - When the 1,020-foot Explorer of the Seas cruises through North Atlantic waters next year, it'll spend more time off the coast of New England and less time near Canadian shores, and it's not because of better vistas. | | |
Summary Box: Foodmakers expand ads in down economy
1:48PM CT
(AP) - MARKETING BOOST: Foodmakers are squeezed right now because of high commodity prices, but they're planning boosts in advertising this year. It comes as they're raising prices and in some cases shrinking products as a way to recoup these high costs. | | |
Foodmakers plan big ad campaigns in down economy
1:46PM CT
MILWAUKEE (AP) - Foodmakers may be worried about higher costs for key ingredients, pushing through price increases and still maintaining their profits. But for big names like Sara Lee, Kraft and others, these slim times don't mean doing away with their advertising budgets. | | |
Taiwan leaders seek to ease economic concerns
1:37PM CT
TAIPEI, Taiwan (AP) - Taiwanese leaders sought to ease mounting complaints about the island's slowing economy on Sunday, the latest in a string of public apologies and promises to prop up consumer demand and investment. | | |
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