The US may have headed off a deeper recession by investing hundreds of billions into major companies. But it drives up deficits and creates uncertainty among investors.
Economic activity in the US plunged 6.1 percent in the first quarter of this year, but free-fall in consumer spending stopped.
They had been dropping at record levels for several months, but a new report says the decline eased slightly in February.
Bank stocks rose Friday, but some question whether the evaluation of the nation’s major banks is tough enough.
Concern about its loan losses – and those of other banks – helped to push the Dow down 3.56 percent on Monday.
The economy is showing positive signs, but the recession is so deep that most 'best case' forecasts still point to a slow recovery.