Fannie Mae, the biggest mortgage underwriter in America, reported a loss of more than $2 billion last quarter. Investors are now bracing for more bad news when its federally-sponsored cousin Freddie Mac reports results later this week. Alisa Roth has the story.
Chrysler has announced that customers who buy or lease one of its selected new cars in the next few weeks can lock in lower gas prices for three years. What is it thinking? Amy Scott reports.
In addition to the human cost of the cyclone that has ravaged Myanmar, damage from the storm will continue sending ripples through rice markets across the world for some time to come. Steve Henn reports.
Russian President Vladimir Putin is handing over the reigns of power to Dmitry Medvedev, a 42-year-old corporate lawyer and former head of Gazprom. Russia expert Martha Brill Olcott talks with host Bob Moon about what the change will mean for the country.
Since speed cameras were introduced in France five years ago, they've been smashed, sawed-off, daubed with paint or sprayed with hunting-rifle shot. Now, a clandestine group has even turned to blowing them up. John Laurenson reports.
The wedding between Microsoft and Yahoo might be off, but commentator and venture capitalist Paul Kedrosky says CEOs Steve Ballmer and Jerry Yang could still use some counseling and support.
The market for houseboats seems to be floating right along. And it just so happens that one of the most famous houseboats in the world is up for sale in Seattle. Chana Joffe-Walt takes us on a tour.
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