For a middle-class family in Houston, homeownership should be a sure bet. Homes prices and the cost of living are below average. But some homebuyers are still finding it hard to make a deal. Kate Archer Kent reports.
Eco-ethics think tank Ethisphere gave high marks to cities such as New York, London and Abu Dhabi for reducing the number of cars on their roads and other quality of life issues. Danielle Karson reports.
The takeover of Fannie Mae and Freddie Mac could cost taxpayers $200 billion, but could also help the housing and credit crunch. Host Bob Moon turns to Thomas Stanton of Johns Hopkins University to sort this all out.
The Treasury will put federal cash into the mortgage giants as needed over the next 16 months, assuring that low-interest loans will continue to be available. John Dimsdale has more.
European stocks soared on news of the U.S. government's bailout of mortgage giants Fannie Mae and Freddie Mac. But as Megan Williams reports, Europeans are also enjoying the irony of the takeovers.
The announcement last week that Coca-Cola plans to buy Chinese drink maker Huiyuan Juice Group in a $2.4 billion deal isn't sitting well with some Chinese bloggers. Scott Tong reports from Shanghai.
The government's mega-rescue plan for Fannie Mae and Freddie Mac boosted stock markets around the world. But what's in it for the American consumer? Will it loosen up the housing market? Janet Babin reports.
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