President Barack Obama calls on Americans to “answer history’s call” amid the historic economic crisis, proposing a freeze on big chunks of popular spending programs.
The recession has finally endedin 79 metro areas, according to Adversity Index data from msnbc.com and Moody's Economy.com. Msnbc.com's Bill Dedman reports.
A severe U.S. recession will bottom out this year, but any recovery will be weak due to anemic markets and shrunken consumer wealth, the OECD said Wednesday.