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  • Why the Fed Deserves Credit for the Recovery Thursday, 13 Dec 2012 | 12:20 PM ET

    In the absence of immediate or even early indications of an upwelling of inflation, the Fed is clearly determined to focus maximum effort on the other leg of its "dual mandate," i.e. fostering full employment.

  • Yahoo Plans Board Shake-Up, Adds Former PayPal Exec Thursday, 13 Dec 2012 | 11:18 AM ET
    The Yahoo logo is displayed in front of the Yahoo headqarters in Sunnyvale, California.

    Yahoo is planning to bring on a new board member and show two others the door, the New York Times reported on Thursday, citing sources.

  • Housing Recovers, but the Repo Man Is Back Thursday, 13 Dec 2012 | 11:15 AM ET

    Despite the overall drop in foreclosures, a huge backlog of homes already in the foreclosures process are finally going back to the banks in big numbers.

  • Main Street on Hold as Debt Talks Drag Thursday, 13 Dec 2012 | 10:28 AM ET
    Mainstream Boutique

    As haggling over a debt deal continues, small businesses have much at stake. If people pay higher taxes, they will likely spend less. Could a hobbled Main Street derail the economic recovery?

  • GM Bets Big on Its Next Generation Pickups Thursday, 13 Dec 2012 | 10:27 AM ET
    2014 Chevy Silverado

    At a time when pickup truck sales are picking up, General Motors has taken the wraps off of the next generation of its bread and butter pickup trucks.

  • U.S. businesses added to their stockpiles in October while sales fell, a sign that companies may order fewer goods ahead.

  • Retail Up; Jobless Claims, Producer Prices Down Thursday, 13 Dec 2012 | 9:45 AM ET

    Weekly jobless claims fell sharply while retail sales rose in a sign that steady job creation is adding momentum to consumer spending in the fourth quarter.

  • CVS Caremark Expects to Reap Benefits from Obamacare Thursday, 13 Dec 2012 | 9:15 AM ET

    CVS Caremark is looking at changes in U.S. healthcare as an opportunity to serve more customers, whether they are picking up prescriptions, getting them through the mail or stopping by an in-house MinuteClinic for a checkup.

  • Best Buy Founder to Make Bid This Week: Report Thursday, 13 Dec 2012 | 8:57 AM ET

    Best Buy founder Richard Schulze is expected to make a fully financed offer to buy the consumer electronics retailer by the end of the week.

  • Federal Reserve, Central Banks to Extend Credit Lines Thursday, 13 Dec 2012 | 8:37 AM ET

    Top central banks are extending their arrangements to swap dollars and other currencies to make sure banks have the money they need.

  • Dodgers Knocking Yankees Out of the Park on Payroll? Thursday, 13 Dec 2012 | 8:26 AM ET

    The L.A. Dodgers are on track to become only the second major league team with a $200 million payroll and could end the N.Y. Yankees' streak of 14 years as baseball's biggest spender.

  • 'Hunger Games' Comes to the Workplace Thursday, 13 Dec 2012 | 8:21 AM ET
    Actress Jennifer Lawrence as Katniss Everdeen in "The Hunger Games."

    The Kansas City Star recently told two of its journalists that only one of them could keep her job — and the employees themselves would have to decide who should leave the company, according to a media blog.

  • As Global Consumers Shop Mobile, Apple Outshines Rivals Thursday, 13 Dec 2012 | 6:39 AM ET
    A Samsung Electronics Co. Galaxy S III smartphone, top, and a Galaxy Nexus smartphone, bottom, are arranged for a photograph next to the Apple Inc. logo in Seoul, South Korea, on Tuesday, Aug. 21, 2012.

    Apple's stock may be sliding as investors fret about growing competition, but store visits and interviews with smartphone and tablet shoppers in 10 cities around the world suggest consumers share little of that negativity.

  • How the GOP Engineered a Blow to the Unions Thursday, 13 Dec 2012 | 3:57 AM ET

    From outside Michigan Republican circles, it appeared that the Republican drive to weaken unions came out of the blue - proposed, passed and signed in a mere six days.

  • 'Fiscal Cliff' Jitters? No Signs in the Market Thursday, 13 Dec 2012 | 2:13 AM ET

    Politicians remain locked in a rancorous debate over impending tax increases and spending cuts, and it remains unclear if a deal will be reached by the end of the year. But investors are already betting that lawmakers will do enough to avoid heading over the so-called fiscal cliff, the New York Times reports.

  • How Significant Are Bernanke’s Targets? Thursday, 13 Dec 2012 | 1:13 AM ET

    On the outset, the Fed's unorthodox move appears to be its latest salvo to battle the economy's erratic and sub-par recovery. But some market watchers say: don't read too much into it.

  • Google Maps app for Apple ios.

    Google's mobile navigation application Google Maps will now be available in Apple's app store, the Internet search giant said on its official blog.

  • AAA projects 93.3 million Americans will travel this holiday season, up 1.6 percent from last year. See how holiday travel spending is ticking higher.

  • Obama Has 'Mandate' to Increase Taxes on Rich: Poll Wednesday, 12 Dec 2012 | 6:30 PM ET

    A majority of Americans wants a compromise to avoid the "cliff," and most back President Barack Obama's prescription for doing so, according to a new NBC News/WSJ poll.

  • Fed to Keep Easing, Sets Target for Rates Wednesday, 12 Dec 2012 | 2:44 PM ET

    The Federal Reserve met market expectations Wednesday with another round of easing, this time with a pledge to keep interest rates low until unemployment falls below 6.5 percent and inflation tops 2.5 percent.

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