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Fannie bailout? Hold on a second
1:39pm: The stocks are swooning, but the feds are understandably in no hurry to own the whole U.S. mortgage business. more
Fannie, Freddie plunge again
4:55pm: Fannie drops 16%, Freddie down 18% in continued Wall Street nervousness over housing market woes. more
Bank rally stymied by Fannie, Freddie
4:12pm: Financial stocks retreat from early gains as investors worry about a government takeover of Fannie and Freddie and a gloomy research report from Goldman Sachs. more
Big oil bids $487 million to drill offshore
6:42pm: Drilling rights in newly opened parts of the western Gulf of Mexico net millions from energy companies betting on large deposits. more
USPS offers early retirement
4:12pm: The U.S. Postal Service calls for 'right-sizing' in the face of increasing automation, high fuel prices; no incentives are being made to thousands of longtime workers. more
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World's 25 biggest companiesOnce again, Wal-Mart grabs the No. 1 spot on Fortune's Global 500 list. See which other companies are the largest on the planet. more
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