Fannie Mae and Freddie Mac shares are up on news the White House has agreed to a compromise with lawmakers on a housing market rescue bill. But Dan Grech reports there's no guarantee this action will help bring them back to Earth.
Vodafone suffered a 14 percent fall in its share price yesterday, swaying confidence in the cell phone market. Stephen Beard reports Vodafone hopes to boost faith in its stock by buying some of it back.
American cities will need to invest more than $250 billion to update their water systems in the next 20 years. Steve Henn reports private equity investors and major corporations have notice of the water business.
Oil prices have inspired a national increase in bus and subway commuters, and with that comes a rise in fares in several cities. Ashley Milne-Tyte reports that's putting a squeeze on transit systems' budgets.
The average U.S. worker gets 14 days of paid vacation, but anxieties about the economy are making fewer employees take off during the summer. Commentator Robert Reich says Americans still need a summer break.