German Chancellor Angela Merkel Merkel pushed to get the German parliament to approve last month's nearly $1 trillion bailout for Greece. Some economists argue that it would have been cheaper to let Greece default and then bailout European bank bondholders.
A year after the Dow reached a 12-year low, investors and consumers are warier and thriftier. The change could last.
The unemployment rate for adult white women fell to 6.8 percent in January. Other statistics indicate that women over age 55 are faring well in the job market.
Sen. Christopher Dodd introduced a bill in the Senate Banking Committee Tuesday aimed at tightening bank regulation. Critics of the current system say regulators are too cozy with bankers now.
Banking reform, deglobalization, redistribution of wealth and growth of the public sector are all potential impacts of the economic recession on the US.
An expansive governing role for the G20, discussed Thursday by Britain's Gordon Brown, isn't passing the sniff test for many economists.