stimulus plan

The size of a possible stimulus plan rises as the economy contracts, and that is happening at a 4 percent annual rate, according to current estimates, or eight times as fast as it was this summer.

To create jobs, Barack Obama must reverse the economy’s implosion, not just stop it.

The European Commission on Wednesday proposed a stimulus package totaling 200 billion euros, or $256.22 billion.

President-elect Barack Obama said on Saturday that he was crafting a two-year stimulus plan to revive the troubled economy, warning that swift action was needed to prevent a deep slump.

Chinese shares eked out modest gains Wednesday despite a weak region as construction sector stocks continued to rally on the government's $564 billion stimulus package. Financials also rose.

The money will be invested in infrastructure and social welfare in an effort to buoy the fourth-largest economy.

China has announced a $586 billion spending package to boost domestic demand while vowing to carry out "moderately easy monetary policies."

House Speaker Nancy Pelosi said Wednesday she hopes Congress can return this month to approve spending measures to stimulate the depressed economy.

The $29 billion package approved onWednesday is a bid to unlock more than twice that amount in investments and help the world’s biggest exporter weather a worldwide slowdown.

Democratic leaders may call Congress back to work after the election in hopes of passing legislation that would extend jobless benefits, add money for food stamps and a tax rebate.