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Ike weakens, but Gulf drama lies ahead
Forecasters downgraded Hurricane Ike, weakened by several hours over eastern Cuba, to Category 2 storm status early Monday. Rains and flooding from Ike have killed at least 73 people in Haiti.
U.S. seizes two mortgage giants
Federal officials today announced an extraordinary takeover of troubled mortgage giants Fannie Mae and Freddie Mac, signaling a dramatic move to shore up the nation's housing market. The historic takeover of the duo is aimed at heading off what President Bush says would have been an "unacceptable" risk of failure for the economy.
McCain vows to have Democrats in Cabinet
Promising a "very bipartisan approach" to how he'll run his administration, Sen. John McCain said in an interview broadcast Sunday that he would appoint Democrats to his Cabinet.