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U.S. seizes Fannie and Freddie
WASHINGTON (Reuters) - The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae and Freddie Mac launching what could be its biggest bailout ever to support the U.S. housing market and ward off more global financial market turbulence.
Hurricane Ike pounds Cuba on
HAVANA (Reuters) - Hurricane Ike pounded northeastern Cuba with 120 mile per hour (195 kph) winds, torrential rains and massive waves that rolled through coastal towns on Sunday on a path toward the Gulf of Mexico oil fields and possibly New Orleans.
McCain says he will include Democrats in Cabinet
ALBUQUERQUE, New Mexico (Reuters) - Republican nominee John McCain said in an interview aired on Sunday he would bring Democrats into his Cabinet and administration as part of his attempt to change the political atmosphere in Washington.
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