9:45pm ET, Sat 26 Jul 200824

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DJIA: 11370.69 21.41  |  NASDAQ: 2310.53 30.42
 

Congress approves housing bill 3:15pm ET

WASHINGTON (Reuters) - The U.S. Congress approved a massive housing market rescue bill on Saturday, offering emergency financing to mortgage titans Fannie Mae and Freddie Mac, and setting up a $300-billion fund to help hundreds of thousands of troubled homeowners.  Full Article | Video

 
Obama defends foreign tour as visit closes 1:12pm ET

LONDON (Reuters) - U.S. presidential candidate Barack Obama, wrapping up an overseas tour where he got a rock star reception, defended his decision to take the trip despite mixed signals about its impact on his popularity at home.  Full Article | Video 

Investing

MARKETS:
Jobs, oil, earnings to call tune 6:42pm ET

NEW YORK (Reuters) - U.S. stock investors will sift through reams of economic reports, including July payrolls and second-quarter gross domestic product, as they search for catalysts next week that could trigger a recovery on Wall Street.  Full Article 

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New Year bittersweet for China's families

Millions of migrant workers will make the annual migration back home to rural villages for the Lunar New Year, queuing for hours and cramming into trains and buses for the chance to go home.  Full Article