Geithner says low accident of bifold recession
WASHINGTON – Treasury Secretary Timothy Geithner says the US has a low accident of a bifold recession.
Geithner (guy-tner) told ABC News in an account that will air Sunday on "This Week" that the U.S. is at a lower accident "than at any time over the aftermost 12 months or so." He said the abridgement is growing at the best accelerated amount in six years during the aftermost division of the year. And he believes the country is in "the action of healing."
The Dow accomplished hardly up Friday afterwards falling 268 credibility on growing worries about the all-around abridgement the antecedent day. The angle for jobs became a bit beneath austere back the government appear January's unemployment amount assuming an abrupt abatement from 10 percent to 9.7 percent. It was the aboriginal bead in seven months.
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- Regulator faults Wall Street banks on derivatives
- Stocks barter collapsed on affair about China inflation
- Wall Street dips on China concerns, but banks rise
- Appetite for ameliorate fading: NYSE Euronext CEO
- FTSE shares end in the red
- India aims to be world's fastest growing economy
- Asia stocks dip on China abbreviating fears, yen up
- Geithner warns EU on barrier armamentarium adjustment plan
- Japan's 4Q advance weaker than aboriginal estimated
- Asian stocks lower amidst fasten in China inflation
- Oil avalanche beneath $82 as traders eye anemic US demand
- U.S. dollar still rules, but debt akin a risk: S&P
- Summary Box: Stocks acceleration afterwards inventories fall
- Maine abandoned amount rises to 8.2 percent in January
- Colorado unemployment amount edges up to 7.4 percent
- Calif.'s unemployment amount 5th accomplished in nation
- Alabama abandoned amount rises to 11.1 percent in Jan.
- Stocks acceleration afterwards inventories abatement but sales gain
- Senate passes $149 billion for abandoned aid, tax breaks