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CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
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CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
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The prospects for U.S. economic growth are "still too little" and "too uncertain," House Majority Leader Eric Cantor told CNBC. American can't just sit back on its laurels, he added.
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Italy's fiscal deficit narrowed in the final quarter of 2012 to 1.4 percent of gross domestic product, compared with 2.6 percent in the same period of 2011.
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NEW YORK, April 5- U.S. Today's report pushes out the date at which the Federal Reserve may reduce its purchases of securities, "said Brian Jacobsen, chief portfolio strategist, Investments Group, at Wells Fargo Funds Management in Menomonee Falls, Wisconsin.
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Niall Ferguson, Professor at Harvard University says a regime change in policy has happened in Japan. He says the BoJ and other central banks' measures are actually backward looking, applying 1930s Keynesianism.
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Global central banks are accelerating mostly ineffective policies because they feel they have no choice but to keep trying, Pimco's Mohamed El-Erian told CNBC.
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CNBC's Rick Santelli explains why the numbers don't add up when he look at unemployment and people claiming disability.
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CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
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Post-recession Americans are saving more for retirement, but many don't trust the stock market to grow their nest eggs.
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CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
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*Gold falls to 1- month low as investors prefer stocks. On Thursday the ECB is forecast to leave interest rates unchanged but expectations are high that Japan's central bank will announce a forceful monetary easing to try to boost its recession-bound economy.
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*Market awaits U.S. payrolls report on Friday. NEW YORK, April 3- U.S. The Institute for Supply Management reported that U.S. service sector growth slowed in March to the lowest level in seven months.
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If you think you may have trouble paying your full tax bill, don't panic. There are ways to ease the burden.
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CNBC's Rick Santelli discusses the latest action in the bond market, and the U.S. dollar.
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Capital controls have restored a sense of calm in Cyprus. At best, this is a short reprieve if they are not followed by more fundamental decisions, according to Pimco's CEO.
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Stockton, California is becoming America's largest city to enter bankruptcy, with CNBC's Jane Wells; and Michael Sweet, Fox Rothschild lawyer and conservative strategist Ron Meyer, discuss.
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It's official: Stockton, Calif., will become the nation's most populous city to enter into bankruptcy protection after getting clearance from a federal judge on Monday.
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CNBC's Jane Wells reports a judge allowed Stockton, California, to move forward with Chapter 9 bankruptcy.
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BERLIN, April 1- Buoyed by solid finances, roaring exports and low unemployment, Germany increasingly sees itself as the only grown-up in Europe, responsible for bringing wayward children into line to hold the family together.
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The Chapter 9 bankruptcy case for Stockton, Calif., is being closely watched nationally. At issue: Does federal bankruptcy law trump the California law that says debts to the state pension fund must be honored?
