Fannie, Freddie plan set for vote

(01:10) Report

Jul. 23 - U.S. lawmakers are expected to approve a housing plan that includes help for battered mortgage giants Fannie Mae and Freddie Mac.

  • Hurricane Dolly strengthened, but still was on track to miss the Gulf of Mexico oil and gas hub.
  • Crude prices dropped sharply for the second consecutive session.
  • McDonald's cheap meals and international sales boosted quarterly profits. Conway Gittens reports from New York.

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