Stock prices are sharply higher, mostly in reaction to tumbling oil prices.
We end the business week with more bad news on the housing front. Mortgage finance company Fannie Mae is reporting a huge loss.
The largest U.S. buyer and backer of home loans has posted a loss of $2.3 billion.
The swing in the second quarter loss was more than triple what Wall Street expected. That's because conditions in the housing market continue to deteriorate.
Fannie Mae's president says more losses are expected.
A Taylorsville man is barbecuing his way into the national spotlight. Chad Hayden was the winner of our Fox in the Morning Barbecue Invitational.
Now his BBQ sauce recipe is featured on seven menu items at over 600 TGI Friday restaurants.
Hayden was the grand champion of the Jack Daniel's World Championship Invitational Barbecue competition.
The contest features over 60 teams who show off their unique recipes.
One man's trash is another man's treasure -- especially in tough economic times.
A new survey by eBay and Harris interactive shows 75% of adults are purchasing second-hand items.
Many of those say they can buy used goods at a quarter of the price of the same item bought new.
Electronic and other entertainment gadgets are the most popular type of used merchandise. Many also see buying used goods as a form of recycling.
It's a big problem for two major airline rivals. The Wall Street Journal is reporting that both Boeing and Airbus are facing a production problem.
A shortage of equipment such as seats, toilets, and galleys is causing production lines to slow down.
The problem stems from small suppliers that can't keep up with demand.
Boeing recently missed second quarter earnings projections because of unfinished planes.
Airbus says 80% of widebody jets couldn't be delivered because of delays.