At Boston, Massachusetts: as of 10:54 AM
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| TOP STORIES | | | [6 min ago ] (NECN: Washington) - Senate Democrats sat down with Roland Burris in the Capitol this morning amid new indications that he's likely to be seated as the new senator from Illinois.
Senate Majority Leader Harry Reid says Roland Burris will not likely... | | | read more  | | | [2 hours ago ] (NECN: Prat Thakkar, Fitchburg, Mass.) - Many folks in Massachusetts have barely recovered from last month's ice storm, but they are being hard hit again today with wintry weather.
A sloppy mix of snow, freezing rain and sleet is making for a messy... | | | read more | | | [2 hours ago ] (NECN) - Israel has ordered a pause in its Gaza offensive today to allow food and fuel to reach besieged Palestinians, and a government spokesman says it "welcomes" an Egyptian-French cease-fire proposal as long as Hamas halts militant rockets and weapons... | | | read more | | | | | |
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| | | | Breaking News [ 36 min ago ] | | |
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BUSINESS:
Stock market keeping eye on mortgage industry
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| September 8, 2008 Stock market keeping eye on mortgage industry
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(NECN/ABC) - The stock market will be carefully watching Monday morning's government bailout of the two biggest players in the mortgage industry.
If you have a home loan, there's a roughly fifty-fifty chance that either Fannie Mae or Freddie Mac is involved.
In the largest-ever government take-over of a financial institution, the feds seized control of Fannie and Freddie, hoping to support the U-S housing market and ward off more strain on global financial markets.
ABC News reporter TJ Winick has the details from Washington.
Related Stories: [17 weeks ago] [15 weeks ago] [23 weeks ago] [17 weeks ago] |
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