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Commentator Robert Reich says an economic stimulus plan combined with Fed rate cuts can't hurt, but loans and investments from other countries will be the only way to avoid recession or worse.

The Congressional Budget Office has announced the deficit for fiscal 2008 is going to hit almost $220 billion -- not counting war spending or an economic stimulus package. But analysts say there are bigger things to worry about. Danielle Karson reports.

It was thought -- in the U.S., anyway -- that the Fed's big rate cut would put pressure on the European Central Bank to follow suit. But we now see the ECB is looking at a very different economic picture. John Dimsdale reports.

Question: Hi, I have an ARM which is just adjusted to 5.75% (and it'll increase to 8.5% next December). I owe $120,000 on this. I have a 2nd...

Congress is considering a bill that would allow longer hospital stays for women who have undergone breast cancer surgery. Jeremy Hobson reports the main issues are time and money.

Retails sales are only permitting twice a year in France, but the government is considering allowing them year round. Anita Elash weighs the pros and cons of making "les soldes" more frequent.

The housing crisis and sustainability issues are just two arenas this year's U.S. Conference of Mayors will be tackling. Dan Grech reports the mayors are focused on keeping up on climate-change initiatives

The annual World Economic Forum for business leaders in Davos, Switzerland is looking this year about what can be done for the troubled global economy. Stephen Beard also reports how some reacted to the Fed rate cut.

The Fed rate cut managed to ease some of the panic. What are investors overseas worrying about now? Scott Jagow talks to Bruce Einhorn of Businessweek Magazine in Hong Kong about what the mood is in the market over there.