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When it comes to housing, it's a buyer's market -- especially for first-time home buyers eligible for new tax breaks.
Shares of Fannie Mae and Freddie Mac plunged amid concerns that the providers of funding for U.S. home mortgages won't be able to avoid a government bailout.
Freddie Mac was forced to offer unusually rich terms in a $3 billion auction of its debt, fueling concerns about a possible bailout.
Home Depot's profit fell 24% on lower sales as the home-improvement retailer struggled to sell big-ticket items. (Home Depot conference-call transcript)
Dubai widened its probe of top corporate executives in what appears to be an effort by the government to repair the emirate's reputation.
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