Business






Recession Sends Trade Deficit Plunging

Americans Buy Fewer Imports; Jan. Trade Imbalance Drops 9.7 Percent From Previous Month



EconWatch: Citigroup Executives Make Killing On Stock

Rake In $2.2M On Stock Purchased Ahead Of Company's Optimistic Report



Swiss Drug Giant Roche Buys Up Genentech

$46.8B Takeover Of San Francisco-Based Company Is Largest In Swiss Corporate History



Upbeat Wall St. Jumps Back Over 7,000

Dow Closes Up Over 200 Points On Signs Banks May Get Relief, Retail Sales, GE Credit Rating



U.S. Debt Worries China

America's Largest Foreign Creditor Concerned Its Massive Holdings Will Plummet In Recession



EconWatch: How The SEC Failed To Nab Madoff In 2006

Court Documents Show Madoff Lied To Investigators Under Oath



CBS: U.S.: Madoff Used London Office In Fraud

Wall Street Journal Reports Billionaire Used U.K. For Money-Laundering



5.3M Americans Getting Jobless Benefits

Jobless Claims Set New Record; Some Economists Fear Unemployment Will Hit 10 Percent

Play VideoVideo: Lay Off T.V.



Ponzi Scheme Finally Sinks Madoff

Disgraced Money Manager Sent From Penthouse To "Big House" After Pleading Guilty To Multi-Billion-Dollar Fraud

Play VideoVideo: Bernie Madoff Behind Bars

ExplorePhotos: Madoff's Victims



Household Net Worth Suffers Record Drop

Fed: U.S. Families' Wealth Plunged 9 Percent During 2008 Fourth Quarter



Treasury Seeks Billions For Ailing Nations

Washington Post: Geithner Pledges Fresh Help for IMF, Will Ask Europe to Boost Stimulus



Obama Warns States To Use Stimulus Wisely

President: "If We See Money Being Misspent, We're Going To Put A Stop To It"



Spending Spike Needed Now, Geithner Says

However, Treasury Secretary Explains That Increase In Government Spending Is Short Term



Hotsheet: Biden To Governors: "Call Me"

V.P. Opens Conference on Stimulus Funds; Says Further Restrictions Are Coming, "All That Is Legal Is Not Acceptable"



Congress Balks At Idea Of Second Stimulus

Politico: Pelosi's Raises Possibility Of Another Bill, But Capitol Hill Reaction Has Been Almost Uniformly Negative


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In-Depth

Stimulus Spending

A breakdown of how stimulus package funds will be dispersed.


Special Report

Faces Of The Recession

CNET News profiles people in various technology sectors to see how real people are handling the recession.


Timeline

Stopgap Measures

A look at the series of government moves to try and stem the financial meltdown.


Has the market hit bottom?
 Yes, the worst is over
 No, it will go lower
 Don't know


In-Depth

Meltdown Primer

Questions and answers regarding various aspects of the current economic crisis.


Interactive

Eye On The Economy

In-depth features on U.S. markets, taxes, employment and the Federal Reserve.


Section

Weathering The Downturn

In this economy, it's smart to save. CBS News shows you how.




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