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Wednesday, January 28, 2009

CNBC.com's News Now: President Obama Meets Business Leaders

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DOW 8375.45 200.72 +2.46%
NASDAQ 1558.34 53.44 +3.55%
S&P 874.09 28.38 +3.36%
  Wednesday, Jan. 28, 2009
 
 
WHAT YOU SHOULD KNOW
 
  Fed Will Keep Rates Low, Money Flowing to Banks
The Federal Reserve, acknowledging the economy has continued to deteriorate, signaled Wednesday that it will keep using unconventional tools to cushion the fallout, including keeping a key interest rate at a record low for quite "some time."read more
 

  Obama's Stimulus Package Is Poised To Clear House
Moving with remarkable speed, the Democratic-controlled House lined up eagerly Wednesday to approve $819 billion in spending increases and tax cuts at the heart of President Barack Obama's economic recovery program...read more
 

  Geithner: Financial Recovery Plan to Be Ready Soon
US Treasury Secretary Timothy Geithner said Wednesday the Obama administration was working on a plan to repair the battered financial system and boost recovery that should be ready fairly soon...read more
 


  TODAY'S TOP 5 VIDEOS  
  1. Bond Gurus, Fed Up?
Bill Gross, Pimco, and Ken Volpert, of Vanguard, discuss the Fed's latest actions.
 

  2. Obama Pitches CEOs
Hours ahead of a key vote on his stimulus plan today on Capitol Hill, President Obama is making a big pitch for his plan with some of the nation's biggest CEOs. CNBC's John Harwood has the details.
 

  3. Soros Speaks Stimulus
Discussing an outlook on the economy and the financial slowdown, with George Soros, Soros Fund Management chairman & CNBC's Maria Bartiromo.
 

  4. PE's Changes & Challenges
Blackstone Group chairman and CEO Stephen Schwarzman discusses the changing culture and the challenges in the private equity sector.
 

  5. Stop Trading: Plan Your Strategy
Ken Heebner, of Capital Growth Management, and Mad Money's Jim Cramer help investors plan their strategies in this market environment.
 

  Click here to view all of today's top videos on CNBC.com
 

  CNBC.com BLOG OF THE DAY  
  BLOG OF THE DAY The Billy Mays Economic Indicator
How can you tell where the economy is headed next? Just take a look at what infomercial king Billy Mays is selling right now.

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