Topic: Rajeev Dhawan

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Stimulus' big boost to the economy? It already happened.

White House economist Christina Romer said Thursday that the stimulus package's impact on the economy will weaken from here on.
‘Shadow market’ may undercut real estate rebound

Only 30 percent of foreclosed homes are currently on the market nationwide. Could the backlog of hundreds of thousands of empty or rented homes swamp recovery?
Smaller banks overlooked and in trouble

The federal government is focusing on America's largest banks, but many smaller banks – which are deeply entwined in local communities and crucial to recovery – are sliding toward possible failure.
Obama's 'glimmers of hope' for economy still faint

The economy is showing positive signs, but the recession is so deep that most 'best case' forecasts still point to a slow recovery.
Fed launches plan to revive consumer lending

Bernanke and Geithner affirmed Tuesday the importance of getting credit flowing, even if it involves taxpayer money.
New refinance boomlet may lift economy, a bit

Low mortgage rates act as a gentle spur, but they're not enough to revive the housing market.
Wanted: next growth engine for US economy

High-tech, healthcare, energy, or factory goods could rev up a year from now.
Banking woes seem to ease. Is it a sign?

Evidence of stability includes easing US bond prices and bank moves to raise capital.
A slowdown in U.S. economy, yes, but a mild one

Many economists say the stimulus plan and rate cuts will help soften the downturn.