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U.S. Treasury Secretary says American economy growing 2 to 3%

Treasury Secretary Timothy Geithner says economy still faces big challenges to repair damage of financial crisis.

(REUTERS) Davos - "I think if you look at the Fed's forecast and the consensus of private forecasters, people are pretty clustered in that area but it is still dependent how the world unfolds. We're still repairing the damage done by the financial crisis," Geithner told the World Economic Forum.

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This Happened

This Happened In California — Photo Of The Week

Bad American weather is making news again, a week after a chunk of the country was digging out from record blizzards.

This Happened In California — Photo Of The Week

At the end of 2022, a deadly winter storm swept across the U.S. leaving dozens dead and making international headlines. Now as 2023 begins, there is more newsmaking American weather: heavy rains and powerful winds are pounding the state of California, toppling trees, causing flash floods, rock slides and massive blackouts. At least two people have been killed, including a toddler who died when a tree fell on his home.

AFP photographer Josh Edelson captured from above a submerged road near the town of Sebastopol where rescue teams worked to evacuate residents.

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