AP - The Bush administration, acting to avert the potential for major financial turmoil, announced Sunday that the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac.

AP - Ike ripped off roofs, swept away boats and collapsed a bridge on the last road into a flooded Haitian city on Sunday as it roared over the southern Bahamas as a ferocious Category 4 hurricane. The Florida Keys evacuated and Cuba prepared for a direct hit.

AP - Powerful Hurricane Ike rolled down an uncertain path Sunday that may lead to the U.S. Gulf Coast late this week, forcing emergency officials to pay attention and leaving millions of people from Florida to Mexico to wonder where it will eventually strike.

AP - Democrat Barack Obama says he would delay rescinding President Bush's tax cuts on wealthy Americans if he becomes the next president and the economy is in a recession, suggesting such an increase would further hurt the economy.

AP - Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling car makers build more fuel-efficient vehicles.