Rebates could stave off long recession
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Despite remarkably quick passage, the economic aid plan and its cash rebates may come too late to prevent a recession this year. For many experts, however, the $168 billion boost to the lagging economy may mean the difference between a short downturn and something much more serious.
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Free hybrid-car parking. Cash rebates for installing solar panels. Low-interest loans for energy-saving home renovations. Money to tear up desert lawns and replace them with drought-resistant landscaping.
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The U.S. economy may be on decent footing, but that might not be enough to save your U.S. portfolio.
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Congress is likely to try other economic boosts. The GOP wants to extend the Bush tax cuts set to expire in 2010.
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G.E. will introduce a credit card that allows cardholders to forgo a 1 percent cash rebate on purchases and earmark that amount for projects that reduce greenhouse gases.
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United for urgent action, the White House and Congress raced toward emergency steps Thursday to rescue the national economy from a possible recession, including tax rebates of at least $300 a person Â and maybe as much as $800.
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Strategies that can keep you from outliving your money once you retire.
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If prices keep rising, it could sour consumers and make the recession fight more difficult.
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A little cash today can prevent a major financial headache later.
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Democratic and Republican congressional leaders reached a tentative deal Thursday on tax rebates of $300 to $1,200 per household and business tax cuts to jolt the slumping economy.
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Treasury Secretary Henry Paulson on Wednesday stood by his view that the U.S. economy will avoid recession this year and said the Treasury will act quickly to distribute tax rebate payments.
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Rising paychecks and expected job gains could offset high heating bills and a potential credit crunch.
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Unable to extend tax breaks as part of a broad energy bill two months ago, lawmakers are trying to attach some of them to an emergency economic aid package containing rebates for millions of taxpayers.
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Business & money: Consumers and small firms are being left short of cash before being reimbursed, reports Lisa Bachelor.
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US president proposes stimulus package of about $145b to stave off recession as economy struggles
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The U.S. economy will linger  through a "soft patch" for the foreseeable future and a  pullback in consumer spending could trigger a recession within  the next two years, according to a widely watched forecast  issued on Wednesday.
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The House voted Tuesday to rush rebates of $600-$1,200 to most taxpayers, but a partisan battle brewed in the Senate over Democrats' efforts to add jobless aid and help for the poor to the economic stimulus package.