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AP Financial News Summary at 2:46 p.m. EDT (INO News)
WASHINGTON (AP) _ A top House Democrat confirmed Saturday that the government is planning to intervene to stabilize troubled mortgage finance companies Fannie Mae and Freddie Mac.
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AP Financial News Summary at 12:04 p.m. EDT (INO News)
Contract talks fail; machinists strike Boeing Co. EVERETT, Wash. (AP) _ Boeing Co. machinists walked out on strike Saturday after contract talks arbitrated by a federal mediator failed to produce an agreement.
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AP Financial News Summary at 1:09 p.m. EDT (INO News)
WASHINGTON (AP) _ The government is expected to take over Fannie Mae and Freddie Mac as soon as this weekend in a monumental move designed to protect the mortgage market from the failure of the two companies, which together hold or guarantee half of the nation's mortgage debt, a person briefed on the matter said Friday night.
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Markets down for week (Miami Herald)
Stocks reversed a steep sell-off to end mostly higher Friday as fears about a worrisome jobs report gave way to bargain hunting in sectors like financials and consumer staples.
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Power can corrupt, regardless of color (Milwaukee Journal Sentinel)
At one time he was considered a rising political star, a charismatic black politician with the rare ability to connect...
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The snobs vs. the slobs (Republican-American)
A few years ago I read in a magazine that Greenwich was voted one of the best places in America for the wealthy to live. Well, duh! Of course Greenwich is a great place for the wealthy to live — only the wealthy can afford the real estate prices in that Gold Coast community.
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Top stories from around the world (Times Online)
1 Thailand Samak Sundaravej, the prime minister, imposed a state of emergency in Bangkok after battles between government supporters and opponents. The Bangkok Post said he ordered the military onto the streets to “bring the country back to peace”. One man was killed and over 40 injured.
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Complete coverage of the events leading to Kilpatrick's resignation (Detroit Free Press)
Despite verbal jabs by Detroit Mayor Kwame Kilpatrick, Gov. Jennifer Granholm said Friday she was just doing her job by holding a hearing to remove him from office -- and she won't help him avoid four months behind bars. Granholm said she wouldn't commute Kilpatrick's 120-day sentence.
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Using coupons pays better than part-time job (Billings Gazette)
Stephanie Nelson knows a lot about cutting costs - and part of her strategy at the grocery store is as simple as clipping coupons. She shares her savings tips in her book "The Greatest Secrets of the Coupon Mom," on her Web site, couponmom.com and as ...
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Report: 2 journalists barred from Detroit mayor's speech (Freedom Forum Online)
Two reporters were barred this week from a speech given by Detroit Mayor Kwame Kilpatrick hours after he resigned as part of a plea deal in two criminal cases, the Detroit Free Press reported.
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