Obama, Advisers to Meet on Economy

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CBNNews.com - President Obama is meeting Friday with his top economic advisors to discuss new ways to end the recession, stabilize the financial system and deal with the rising unemployment rate.

The meeting comes amid some signs that the economy may be strengthening.

A strong profit forecast from Wells Fargo sent stocks soaring Thursday and several retailers are predicting solid sales in April.

But many analysts believe the economy hasn't bottomed out yet and that unemployment could go over ten percent before things turn around.

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