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General Motors logo at an automotive sales lot. General Motors on Wednesday posted a five percent drop in global sales in the second quarter as a sharp drop in its home market offset strong gains overseas.(AFP/Getty Images/File/Justin Sullivan)

GM's global auto sales down 5 percent (AFP)

23:45 23.07.2008

AFP - General Motors on Wednesday posted a five percent drop in global sales in the second quarter as a sharp drop in its home market offset strong gains overseas.

Real Estate News

Rescue of mortgage giants could hit $25 billion 
    (AP)

Rescue of mortgage giants could hit $25 billion (AP)

09:00 23.07.2008

AP - A federal rescue of Fannie Mae and Freddie Mac could cost taxpayers $25 billion, congressional budget experts said, as the House scheduled a Wednesday vote on legislation that would tap the mortgage giants' profits to cover any losses from saving 400,000 homeowners from foreclosure. More»

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Fannie, Freddie bailout may have $25 billion tag (Reuters)

Mortgage giant rescue could cost $25b (AP)

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Today`s news

01:45 24.07.2008
Congress May Vote Today on Fannie-Freddie Rescue Plan (Bloomberg)
23:45 23.07.2008
"Wall Street got drunk": Bush at private event (Reuters)
23:45 23.07.2008
House Lawmakers to Vote on Fannie-Freddie Rescue Plan (Bloomberg)
23:45 23.07.2008
Bush will sign housing bill into law: W. House (Reuters)
23:45 23.07.2008
I Ain't Buyin' It (The Motley Fool)
23:45 23.07.2008
Banks Stick with Stadium Sponsorships (BusinessWeek Online)
20:45 23.07.2008
House Lawmakers to Vote on Fannie-Freddie Rescue Plan Today (Bloomberg)
16:15 23.07.2008
House to vote on foreclosure rescue measure (AP)
14:30 23.07.2008
As economic woes mount, homeless plan to vote (Reuters)
13:30 23.07.2008
Vote looms in Congress on housing rescue plan (Reuters)
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