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Concern about mounting debt in Europe has pushed the Dow Jones industrials below 10,000.  The Dow closed below the psychological barrier for the first time in three months.


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The risk the U.S. economy will slip back into recession is lower now than at any time in the past year, Treasury Secretary Timothy Geithner said on Sunday.


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The average price of regular gasoline in the United States fell 5.76 cents over a two-week period to $2.67.

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The threats seem to be coming from all directions.

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A battered stock market recovered from a sharp drop in late trading Friday but still posted its fourth straight weekly drop.



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The government’s report on the January job market offered fresh hope that the economy is  pulling out of its worst downturn since the Great Depression. But it will be a long climb.

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Fears of another crisis spiral for the world economy deepened after a Portuguese austerity plan was defeated, triggering concern that the crisis in that country and in Greece could worsen.

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Canada has reached a tentative deal with the United States to end a dispute over "Buy American" provisions in U.S. legislation, the two trading partners announced Friday.


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The outlook for jobs became a bit less bleak with January's unexpected decline in the unemployment rate, which fell to 9.7 percent from 10 percent as more people said they had jobs.


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Just as America’s recession begins to ebb, trouble is brewing in Europe that may prolong a downturn and ricochet through the global economy as it struggles toward a recovery.

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