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JJ Kinahan, Chief Derivative Strategist, TD Ameritrade & thinkorswim Singapore, discusses why uncertainty in the U.S. market will create trading opportunities.
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Oilman T. Boone Pickens says he's pushing his alternative energy proposal to Congress not because he wants to make money through his own businesses, but because he knows how to solve the nation's energy problem.
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U.S. consumers are going to continue to feel pain until housing prices stabilize, even though global growth remains mostly strong, General Electric Chairman Jeff Immelt said.
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To fend off inflation, the Federal Reserve probably will need to boost interest rates "sooner rather than later" even if employment and financial conditions haven't revived, the president of the Federal Reserve Bank of Philadelphia said Tuesday.
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Treasury Secretary Henry Paulson said America's housing market could turn a corner and begin recovering within months, but it will take longer to resolve all housing-related problems.
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The U.S. economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, Treasury Secretary Henry Paulson said.
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The U.S. economy may have avoided a recession but will grow below trend for some time as firms face higher prices for a range of goods that will cut into profits, according to a panel of economists surveyed.
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U.S. Food and Drug Administration officials believe that consumers may now enjoy all types of fresh tomatoes available without worrying about salmonella Saintpaul, the outbreak strain.
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The number of U.S. workers filing new claims for jobless benefits rose by a less-than-expected 18,000 last week to 366,000 on a seasonally adjusted basis, a Labor Department report showed on Thursday.
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This Greenwich, Conn., home, previously priced at more than $31 million, will go on sale in a sealed-bid auction. We take you inside the grand home.
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U.S. Federal Reserve policy makers fretted at their most recent meeting that growing inflation risks may require an interest rate hike, but agreed that the outlook for both prices and growth was still too uncertain, minutes of the meeting showed.
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Below is the statement released by the Federal Open Market Committee after its June 24-25 meeting on interest rate policy:
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Despite a slowing economy and layoffs in many industries, certain professions remain in high demand.
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Federal Reserve Chairman Ben Bernanke told a House panel Wednesday a top Fed priority is restoring financial calm even as "too high" inflation and weak growth threaten the economy.
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US industrial production unexpectedly rebounded in June by 0.5 percent, its biggest jump in nearly a year, as utility and mining output soared and manufacturing reversed two months of declines, the Federal Reserve said on Wednesday.
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Housing finance giants Fannie Mae and Freddie Mac have the potential to pose systemic risks to the financial system and need a stronger regulator, U.S. Treasury Secretary Henry Paulson said on Tuesday.
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Figuring out why states fared poorly in America’s Top States For Business 2008 takes a bit less work than determining why others did well. It usually comes down to performance and scoring in three key categories, and they happen to be the three with the most impact on the weighting and the overall rankings. Here's the ten worst -- and why.
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Following are the U.S. economic forecasts for 2008, 2009 and 2010 from the Federal Reserve's semi-annual monetary policy report to Congress issued on Tuesday.
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President Bush urged lawmakers to move quickly in putting into force legislation designed to help prop up mortgage giants Fannie Mae and Freddie Mac while declaring the nation's financial system to be "basically sound."
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A weakening housing market, a strained banking system, and rising oil prices threaten the U.S. economy, and restoring financial market stability is a top priority, Fed Chairman Ben Bernanke said.
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Protectionism is not good for anybody and could hurt trans-Atlantic relations, the chief executives of EADS and Northrop Grumman told CNBC referring to the largest-ever tanker deal, which last week was reopened by the US department of defense.