Since the government took over Fannie Mae and Freddie Mac in 2008, the mortgage corporations have cost taxpayers about $150 billion. Now, the Treasury Department is poised to announce its plans to wind down the two companies, as David Gura reports.
The turmoil in Egypt continues to extend beyond the country's own borders. In Jordan, citizens are protesting President Hosni Mubarak's continuation of power. And that has added more uncertainty to business. Alisa Roth reports from Amman, Jordan.
Protesters remain on the streets in Egypt after President Hosni Mubarak announced he intends to stay in power for the time being. Businesses and the Egyptian stock market were supposed to open this weekend, but they are likely to remain closed.
Nokia, the world's largest cell phone-maker, has joined together with software giant Microsoft to grab a larger share of the lucrative smartphone market. But as Christopher Werth explains, this union may not be enough to catch up with Apple and Google.
Marketplace Morning Report®, hosted by David Brancaccio, kicks your weekday off right. Now a regular segment on NPR’s Morning Edition®, it’s a dash of news to go with that first cup of coffee. Get a global perspective on what’s making the business news headlines, airing up to five times each morning.