Future of Fannie Mae and Freddie Mac to be Decided

A conference will be held by the Obama Administration on Aug. 17 to discuss the future of Fannie Mae and Freddie Mac, the mortgage companies responsible for nearly half of all US mortgages. The administration has received harsh criticism for not developing a particular plan for these two companies, and will attempt to revolutionize the [...]

FDA Says Yay to Open Heart Surgery Alternative

The The Food and Drug Administration put their seal of approval on a minimally invasive heart valve earlier today.  The Melody Pulmonary Valve, made by Medtronic Inc, should be an alternative to open heart surgery for some patients.
The government approval paves the way for development of the device for immediate treatment of some patients with [...]