Obama Ready to Prime the Economic Pump

Government and Economy Obama Ready for Bold Stimulus Action President-elect Barack Obama will have an opportunity that few presidents have had: Financial support from Congress to push forward with his campaign promises, especially to use some of the bailout funds to combat home foreclosures and to spur lending to individuals and businesses. Retailers Overhaul Their Business as Consumers Draw Back For years, retailers could afford to be sloppy about running their businesses because customers kept buying. No more. Stung by the worry that shoppers - who cut spending by the most dramatic amount in at least 39 years this the holiday season - may not start spending again for a long time, stores a... [Read Full Article]