by Caitlin Kenney

Good morning! Here's what we're reading today:

President Obama is making his way to Wall Street today on the anniversary of the collapse of Lehman Brothers. The president's remarks will focus on efforts to wind down emergency lending initiatives started in the wake of the economic collapse. Also today, the Treasury Department will also release a 33 page document detailing their future plans, called "The Next Phase." (Bonus: The New York Times has an interactive graphic detailing bailout costs to date.)

The U.S. and China have engaged in a tariff battle over tires and chicken. The New York Times reports that China's commerce ministry is now investigating "certain imported automotive products and certain chicken meat products originated from the United States to determine if they were being subsidized or 'dumped' below cost in the Chinese market." The announcement follows President Obama's decision on Friday to levy tariffs of up to 35 percent on tires from China.

Russia's central bank has lowered its main interest rates by a quarter point and is planning future rate cuts. The bank reportedly wants to return the refinance rate to the all-time low of 10 percent in reached in June 2007. Russia's economy is facing a severe slump, the country's output dropped a record 10.9 percent last quarter.