Michael Dudley

The government takeover of Fannie Mae and Freddie Mac will likely bring lower interest rates, but tighter eligibility requirements and stricter monitoring of underwriting.

Merced California typefies the housing bust: speculation, foreclosures, and the construction of houses nobody can afford to buy.

The enormous traffic in imported goods is generating a huge amount of disease-causing pollution in and around ports, and along trade routes.

The discourse in the current presidential election appears to be pitting rural -- and presumably conservative -- Americans against urban liberals.

On Canada's arctic Baffin Island, engineers are preparing to construct the world's most northerly railway, a 143 kilometer line across permafrost to transport iron ore to Europe.