US Treasury that just this morning unveiled its plan of Public Private Partnership Investment Program says this approach is superior to the alternatives of either hoping for banks to gradually work these assets off their books or of the government purchasing the assets directly.

FOMC meeting resulted in Fed decision statement today which basicallly says that inflation is subdued, economy is slow, but will gradually pick up.

Policy makers at the U.S. central bank are meeting Wednesday to discuss steps they hope will boost the struggling U.S. economy, but they are expected to make no change to already low interest rates.

The U.S. central bank is meeting Tuesday to consider new ways to battle the worst economic crisis facing the nation since the 1930s.

The government also is releasing a report Tuesday on the U.S. housing market, which is at the heart of the global economic crisis.

Many people saw Ben Bernanke on 60 minutes Sunday evening. In some ways he was reassuring, In particular he peeked interest when he said that 2010 may very well be a year of recovery for the US Economy.

As the economy tanks, there are businesses out there that are finding that they are getting more business than usual. One of these businesses in particular is the auto repair business sector. Why are they getting so much business nowadays? There are no cars being shipped off the lot and more and more people are sticking with the cars that they currently have.

U.S. stock prices rose on many of the world's markets Tuesday after a report that troubled Citigroup posted its best financial performance in more than a year in the first two months of 2009.

"Catholics for Working Families" Campaign Supports the Employee Free Choice to Build an Economy that works for Families.

President Obama has ordered the Treasury Department to implement his promised tax cuts as quickly as possible. In his weekly radio address the president said, "I'm pleased to announce that this morning the Treasury Department began directing employers to reduce the amount of taxes withheld from paychecks, meaning that by April 1st, a typical family will begin taking home at least $65 more every month."

Economic experts say Friday's U.S. unemployment report could reveal a February jobless rate as high as 7.9 percent, pointing to a worsening job market and deepening recession. In Michigan the unemployment rate is 11.6% and reaches 25-year high, reports Freep.

U.S. stock markets teetered between positive and negative territory on Tuesday as the federal government unveiled yet another effort to loosen tight credit and promote lending. The day brought more unwelcome news about America's troubled housing and automobile sectors.

The stock market hasn't even been open for 30 minutes, and the Dow Jones Industrial Average has dropped below 7,000, for the first time since October 1997.