By Frank Connelly
Jan. 19 (Bloomberg) — The U.S. is facing an “economic Pearl Harbor” that has spread fear throughout the country, billionaire investor Warren Buffett told Tom Brokaw in an interview broadcast yesterday on Dateline NBC.
“We have a negative feedback cycle going on right now,” Buffett said, according to a transcript of the interview on [...]

By Ed Henry, CNN Senior White House Correspondent
Aides say the President-elect’s first full day in office will include several executive orders, push for stimulus.
WASHINGTON (CNN) — Senior aides to President-elect Barack Obama say he will convene a meeting of his top economic advisers on Wednesday, his first full day in office, as the incoming president [...]

By Bradley Keoun and Christine Harper
Jan. 10 (Bloomberg) — Morgan Stanley may pay Citigroup Inc. as much as $3 billion for control of a venture that would combine their brokerage units and overtake Bank of America Corp. as the largest financial adviser to individuals, a person with knowledge of the discussions said.
Morgan Stanley, led by [...]

By Jeanne Sahadi, CNNMoney.com senior writer
The White House notified Congressional Democrats on Friday that it is considering asking for the second half of the $700 bailout funding.
NEW YORK (CNNMoney.com) — The Bush administration may soon ask Congress for the remaining $350 billion from the $700 billion Troubled Asset Relief Program (TARP) passed in October, a [...]

By Edwin Chen
Jan. 11 (Bloomberg) — President-elect Barack Obama said reviving the U.S. economy will require scaling back on his campaign promises and personal sacrifice from all Americans.
“I want to be realistic here, not everything that we talked about during the campaign are we going to be able to do on the pace we had [...]