Economic Stimulus, Economic Crisis | featured news

President's advisers debate perilous choices to right economy, all of which may prove unpopular and even carry a significant risk of failure.

In a rare move, the president was meeting with the Republican conference in an effort to draw support for his $825 billion economic stimulus plan.

President Barack Obama painted a bleak economic picture of the country on Saturday, hours before he is to meet with his economic team.

President Obama said today that efforts to pass a massive new economic stimulus package by mid-February are "on target," despite Republican lawmakers' objections to some elements of the plan.

In a symbolic gesture of dissatisfaction with the government's attempts to stabilize the financial system, the U.S. House of Representatives voted 270-155 on Thursday against releasing a second allotment of $350 billion to the Troubled Asset Relief Program, or TARP.

Taiwan hands out shopping vouchers to its citizens in a bid to stimulate the island's economy.

Democratic leaders in the U.S. House of Representatives will push for quick passage of a $825 billion economic stimulus bill being unveiled on Thursday.