CNBC.com's News Now

Wednesday, Mar. 19, 2008

1. New York Auto Show: The world's biggest auto makers drive to the Big Apple for the annual NY Auto show, with CNBC's Phil Lebeau. 2. Fannie Lends a Hand: OFHEO relaxes rules to free up $200 billion for the market and allows Fannie and Freddie to provide more funding for the ailing home mortgage market, with Daniel Mudd, Fannie Mae chief executive and CNBC's Maria Bartiromo. 3. OFHEO's Helping Hand: Fixing the homefront, with James Lockhart, OFHEO director and CNBC's Maria Bartiromo. 4. Billions More for Lending: Freddie Mac's stock records its biggest two-day gains on record, with Richard Syron, Freddie Mac chairman & CEO and CNBC's Maria Bartiromo. 5. Stop Trading, Listen to Cramer! Mad Money host Jim Cramer shares his stock picks with CNBC's Erin Burnett. Apple: Will It Finally Have Unlimited Music For Users? Apple is reportedly in talks with music industry giants to strike a deal to offer unlimited music to its customers which would be a dramatic shift from its business model of selling individual songs and albums. Click here to view posting.

THE FEDEX ECONOMY: FedEx reports quarterly earnings before the bell. Bertha Coombs examines the company's outlook and its projections for the economy at large. STOCKS TO WATCH: Wall Street is in the general news headlines as the market reacts to historic moves by the Fed, big moves in the financials and a 420-point Dow gain on Tuesday, followed by a 290-point drop on Wednesday. Matt Nesto follows the biggest winners and losers in the market as the week comes to a close before the holiday weekend. HOUSING ON THE HILL: Rep. Barney Frank is set to announce a new housing bill Thursday in Boston at the Greater Boston Chamber's Financial Services Forum, sure to set off another round of housing discussions on the hill. Diana Olick digs into the proposals on the table and those soon to come when Congress gets back from Easter. DRAKE, THE NEW GONZAGA: Drake has high hopes for this year's NCAA men's basketball tournament. The small college has its sights set on becoming the next small school Cinderella after making the tourney for the first time in 37 years. The prize? More than just glory. It's about money too. George Mason saw millions flow in after making the Final Four and Drake hopes to reap the benefits of basketball success. Darren Rovell talks to Drake's President about his dreams for the basketball team's success and the school's bank account. Portfolio Watchlist Insider Trends Financial Glossary Stock Screeners Fund Screeners Earnings Screeners

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