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Yahoo! News: Business
Updated : Thu, 21 Aug 2008 04:36:31 GMT

Fannie, Freddie shares dive on bailout fears, bonds up (Reuters)
Reuters - Fannie Mae and Freddie Mac shares plunged to their lowest levels in almost 20 years on Wednesday, while the mortgage companies' bonds rallied on the belief that an increasingly likely government bailout would wipe out shareholders but secure their massive debt.
Publ.Date: Wed, 20 Aug 2008 21:51:40 GMT
Source: Yahoo.com

Trends & Innovations - Wednesday (Investor's Business Daily)
Investor's Business Daily - The proportion of working-age Americans facing medical debt rose to 72 mil or 41% last year, up from 58 mil or 34% in '05, according to a new survey by the nonprofit Commonwealth Fund. About half of those facing health debt have up to $2,000 in bills, while 12% have more than $4,000 in debt and another 12% have more than $8,000. The survey also found most of those with medical debt said they had exhausted their savings, with some also tapping into credit cards, home equity or cutting back on food or heat to cover health care costs.
Publ.Date: Wed, 20 Aug 2008 22:56:43 GMT
Source: Yahoo.com

U.S. crude climbs above $116 on geopolitics (Reuters)
Reuters - Oil rose to more than $116 a barrel on Thursday, a third straight day of gains, on supply concerns after Russia expressed its displeasure over a U.S.-Poland defence pact.
Publ.Date: Thu, 21 Aug 2008 04:36:31 GMT
Source: Yahoo.com

BJ's Wholesale profit up; stock falls on forecast (Reuters)
Reuters - BJ's Wholesale Club Inc reported higher-than-expected quarterly earnings, but its shares fell nearly 7 percent as the retailer gave a disappointing forecast, signaling business could be tough in the fourth quarter that includes the crucial holiday season.
Publ.Date: Wed, 20 Aug 2008 16:12:11 GMT
Source: Yahoo.com