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Fannie Mae Asks for Add'l $15 Billion from Government; McDonald's Looks to Speed Drive-Thru Transactions

Nov. 6 -- Bloomberg's Jane King summarizes the day's top stories in the Bloomberg Business Report.

Federal mortgage plan draws complaints

A House panel is holding a hearing on private sector help for homeowners today.

Was the Government's Move the Right one?

09/09/08 Beth Ann Bovino, of Standard and Poor's, says the moral hazard of the government's bailout of Freddie Mac and Fannie Mae may increase...

Government Take Over of Fannie & Freddie Boost Dollar

09/08/08 The US dollar continued to gain in trading against both the euro and yen this session due to the US government taking control over b...

Surging Oil & Financial Woes Send The Dollar Plummeting

08/21/08 A recent surge in crude oil prices as well as concerns over certain financials has made the dollar trade a lot lower against both th...

Fannie Mae Reports $2.2B First-quarter Loss

Fannie Mae reported losses of $2.2 billion in the first quarter. The nation's largest buyer of home loans said it would cut its dividend and ...

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