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In trying to assemble a bipartisan package to jolt the slumping economy, the White House and Congress have turned to familiar tools that experts say have worked in the past. But there is also a lively debate among economists about which measures will best accomplish the goal. ...more
January 19, 2008
The housing market is caught in a downward spiral that might last the rest of this year, and banks are struggling under a staggering burden of bad loans that has created a severe credit crunch. Don't fear, though, a $250 check might be making its way toward your mailbox. ...more
January 19, 2008
As he provided common-sense guidance for a stimulus package to fight recession, Federal Reserve Chairman Ben Bernanke tacitly acknowledged the end of his effort to stay out of fiscal policy specifics. ...more
January 18, 2008
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