The Federal Reserve on Wednesday will kick off a series of regular press conferences, to be held four times a year. iStockphoto.com hide caption

itoggle caption iStockphoto.com

President Obama outlined a mix of spending cuts and tax hikes to reduce the deficit Wednesday at George Washington University in Washington, D.C. Charles Dharapak/AP hide caption

itoggle caption Charles Dharapak/AP

Advertising boards on buildings are seen without illumination at Tokyo's Shibuya district. Rolling blackouts are crippling a number of industries. Miho Takahashi/AP hide caption

itoggle caption Miho Takahashi/AP

A worker assembles a Nissan Leaf electric vehicle at the company's Oppama plant in Yokosuka, Japan. Auto plants are reopening, but getting parts remains a challenge. Kazuhiro Nogi/AFP/Getty Images hide caption

itoggle caption Kazuhiro Nogi/AFP/Getty Images

People line up to buy tickets for the earliest possible flight Friday at Narita International Airport. Koki Nagahama/Getty Images hide caption

itoggle caption Koki Nagahama/Getty Images

A farmer harvests a corn crop near Monticello, Ill., last September. The price of wheat and corn jumped 70 percent in the second half of 2010. Seth Perlman/AP hide caption

itoggle caption Seth Perlman/AP

President Obama's budget is expected to include plans for spending on new initiatives and dramatically cutting some programs. Copies of Obama's fiscal 2011 budget are seen above. Chip Somodevilla/Getty Images hide caption

itoggle caption Chip Somodevilla/Getty Images