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  • NEW YORK, Jan 30- A U.S. economic contraction in the fourth quarter pressured stocks in Europe and the United States on Wednesday even as it bolstered expectations the U.S. central bank will continue its easy monetary policy and kept the euro near a 14- month high.

  • Rick Santelli argues the Federal Reserve's continued stimulus isn't helping the economy and it needs to stop.

  • NEW YORK, Jan 30- An unexpected contraction in the U.S. economy in the fourth quarter sent stocks in Europe and the United States lower on Wednesday but helped keep the euro close to a 14- month high on expectations the U.S. central bank will continue its easy monetary policy.

  • CNBC's Steve Liesman digs into the data to find out how the U.S. economy is faring.

  • Negative economic growth in the fourth quarter provided a scary headline to start Wednesday's trading but probably little else in market impact.

  • WASHINGTON, Jan 30- A report revealing the U.S. economy contracted in the fourth quarter shows Congress needs to take steps to avert a series of automatic spending cuts slated to take effect in March, said Alan Krueger, chairman of the White House Council of Economic Advisers, on Wednesday.

  • Auto parts production workers work on a production lines making both metal and plastic bumpers.

    This academic says weak conditions abroad and flagging U.S. competitiveness caused exports to contract and businesses anticipating a further slowdown slashed inventories.

  • After the economy posted an unexpected drop in fourth quarter GDP, CNBC's Jim Cramer called it a "shocker" but also a "one-off number."

  • If there is any bright side to the report, it's that the Federal Reserve is unlikely to make noises about ending its stimulus program any time soon.

  • NEW YORK, Jan 30- U.S. stocks edged lower at the open on Wednesday following an unexpected contraction in fourth-quarter economic activity, but losses were curbed by gains in Internet retailer Amazon.com. The Dow Jones industrial average dropped 11.13 points, or 0.08 percent, to 13,943.29.

  • WASHINGTON, Jan 30- The U.S. economy unexpectedly contracted in the fourth quarter, suffering its first decline since the recession ended more than three years ago as businesses scaled back on restocking and government spending plunged.

  • NEW YORK, Jan 30- Prices for U.S. "We have a slowing in government spending associated with the fiscal situation as well as some drawdown in military activity," said Terry Sheehan, economic analyst with Stone& McCarthy Research Associates in Princeton, New Jersey. "

  • The "Squawk on the Street" news crew reports on the day's market moving stories; including a countdown to RIM's new BlackBerry 10; a look at Amazon's earnings; and the Dow's climb to 14,000.

  • Martin Feldstein, Harvard University economics professor, provides an outlook for jobs and economic growth in 2013, and explains why he believes the Fed's policies are taking a dangerous direction.

  • NEW YORK, Jan 30- U.S. stock index futures extended losses after data showed the economy unexpectedly contracted in the fourth quarter, declining by 0.1 percent against expectations of a 1.1 percent increase.

  • CNBC's Rick Santelli reports GDP fell 0.1% in the fourth quarter. And CNBC's Steve Liesman and Mark Zandi, Moody's Analytics chief economist, discuss its impact on the economy and markets.

  • Fernando Fernandez from the IE Business School, tells CNBC that the Spanish data has to be put in perspective and is not really that bad considering the amount of fiscal consolidation.

  • *Spot gold rises to one-week high of $1,682.90/ oz after U.S. 4 Q GDP. London, Jan 30- Gold rallied to a session high of $1,682.90 an ounce on Wednesday, reasserting its safe-haven properties after U.S. growth data missed expectations and dented appetite for riskier assets. Spot gold rose as much as 1.1 percent to a one-week high of $1,682.90 an ounce.

  • *Amazon rallies after results, Boeing also up. *S&P 500 on track for best month since October 2011. NEW YORK, Jan 30- U.S. stocks were little changed on Wednesday as data showing the economy unexpectedly contracted in the fourth quarter was offset by positive parts of the report and strong results from Boeing Co and Amazon.com Inc..

  • Why are the Democrats seemingly focused only on tax hikes, while the GOP is stuck on spending cuts? CNBC's Steve Liesman digs into the question.