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What's The Future For Fannie & Freddie?
The government rescue of Fannie Mae and Freddie Mac sent mortgage rates plunging on Monday. Some bond investors say this is a positive first sign. But the future of these two mortgage financing giants depends on what happens when a new administration takes over in Washington.
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ExxonMobil makes a $60 billion oil deal, doubling down on fossil fuels
As climate researchers say the world must transition away from new oil and gas production, ExxonMobil is acquiring a major U.S. shale oil company with one of the country's biggest oil fields.
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1:55
Serena Williams Defeats Sister Venus To Take 23rd Grand Slam Title
It's the seventh Australian Open title for the younger Williams sister, and moves her to the top spot in number of major titles in the Open era.
There Were More Deaths Than Births In Alabama Last Year, A Grim First For The State
Alabama's top health official says the state has "literally shrunk." According to preliminary data, it saw 64,714 total deaths and 57,641 births in 2020.
FBI Director Patel, a longtime bureau critic, begins to put his stamp on the agency
Since taking the helm more than 100 days ago, Patel has yet to shutter the FBI headquarters and reopen it as a museum as he once said he would, but he has begun trying to remake the bureau.
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4:23
Federal workers go without pay today. And, NBA stars arrested for illegal gambling
Today, millions of federal workers are missing their first full paycheck since the shutdown began. And, an NBA gambling scandal has led to the arrest of over 30 people.
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13:45
Young Michigan voters are 'uncommitted' to Biden; U.S. airman dies of self-immolation
Michigan voters critical of Biden's support of Israel call on people to vote "uncommitted" in the state's primary. An Oxford scholar explains the history of self-immolation as political protest.
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12:58
Utah Sen. Orrin Hatch Announces Retirement, With Speculation Focused On Romney
The longest-serving Republican in the Senate says he will not seek an eighth term this fall. Former 2012 GOP presidential nominee Mitt Romney is said to be mulling over a bid for the open seat.
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3:13
West Virginians divided over natural gas pipeline despite Manchin's support
To get Joe Manchin's vote on a budget bill, Democratic leaders promised to consider legislation that would help a natural gas pipeline get built in his state. But the pipeline still faces opposition.
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4:20
TV antennas and Super Bowl rehearsals: How prediction market traders seek an edge
As prediction markets boom, competition is heating up. So traders go the extra mile for a fraction-of-a-second advantage or to sleuth out information nobody else has. It can lead to a huge payday.
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