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  • Greenspan Says U.S. 'On The Edge' of Recession Friday, 15 Feb 2008 | 10:56 AM ET
    Alan Greenspan

    Former U.S. Federal Reserve Chairman Alan Greenspan on Thursday said the U.S. economy is "clearly on the edge" of a recession.

  • Industrial Output Posts Modest Increase Friday, 15 Feb 2008 | 10:52 AM ET
    Containers are loaded and unloaded Wednesday, April 11, 2007  at the New York Container Terminal in the Staten Island borough of New York. The Director of Homeland Security's  Domestic Nuclear Detection Office Vayl Oxford toured the Advanced Spectroscopic Portals installed at the New York Container Terminal on Wednesday. (AP Photo/Frank Franklin II)

    The nation's industrial output posted a modest increase in January as strength at utilities offset weakness in manufacturing and mining.

  • Bernanke's Gloomy Outlook Sparks Valentine's Selloff Thursday, 14 Feb 2008 | 2:09 PM ET
    Federal Reserve Bank Chairman Ben Bernanke

    On Tuesday, we had the Warren Buffett rally. On Valentine's Day, it was the Ben Bernanke selloff.

  • Bernanke Says Fed Ready To Cut Interest Rates Again Thursday, 14 Feb 2008 | 11:06 AM ET
    Federal Reserve Bank Chairman Ben Bernanke

    Fed  Chairman Bernanke told Congress the country's economic outlook has deteriorated and signaled that the central bank is ready to keep lowering rates.

  • Jobs Show Mixed Picture; U.S. Trade Deficit Narrows Thursday, 14 Feb 2008 | 10:59 AM ET
    Unemployment Line

    The number of U.S. workers filing for jobless claims fell by 9,000 last week, though a more reliable gauge of labor trends hit a two-year high.

  • Read Ben Bernanke's Testimony Thursday, 14 Feb 2008 | 10:46 AM ET

    The full text of Federal Reserve Chairman Ben Bernanke's prepared testimony on the state of the U.S. economy and financial markets delivered before the Senate Banking Committee.

  • Will the Fed Chairman Send Wall Street a Valentine? Wednesday, 13 Feb 2008 | 2:46 PM ET

    Fed Chairman Ben Bernanke has yet to win the hearts and minds of many on Wall Street. But a stand-out performance during his appearance before Congress on Valentine’s Day may bring him considerably more admirers.

  • Bernanke Expects Housing Recovery by Year End Tuesday, 12 Feb 2008 | 3:59 PM ET
    Federal Reserve Bank Chairman Ben Bernanke

    Federal Reserve Chairman Ben Bernanke told lawmakers Tuesday he expects the downtrodden U.S. housing sector to improve by the end of the year.

  • Fed's Poole Predicts US Will Avoid Recession Tuesday, 12 Feb 2008 | 10:11 AM ET

    The U.S. appears likely to avoid an economic downturn but the chances of a recession have risen, St. Louis Federal Reserve Bank President William Poole said Monday.

  • Valentine's Day

    Business coach and author John McKee suggests that this Valentine’s Day, maybe you should show some love not just to the love of your life, but also to the boss. His “quiz” helps uncover if you are the boss’s “pet—or just pet peeve.” Real Jane and Fake Jane both took the quiz. Now you can, too!

  • Fed's Yellen 'Not Confident' Recession Avoidable Friday, 8 Feb 2008 | 10:00 AM ET

    In remarks to an audience in Honolulu, Yellen said that an extended spell of slow growth  as the most likely outcome, but she later told reporters that a recession was within the range of normal forecasting error.

  • U.S. Economy Is Showing More Signs Of Weakening Thursday, 7 Feb 2008 | 11:37 AM ET
    Unemployment Line

    The U.S. economy showed further signs of slowing, particularly with Thursday's report that the jobless ranks continued to swell last week

  • Job Market Weakens More, Fueling Recession Fears Thursday, 7 Feb 2008 | 10:45 AM ET
    Unemployment Line

    Jobless claims fell by 22,000 last week, but the number of workers remaining on jobless aid rose to its highest in more than two years.

  • Fed's Plosser Says Inflation Remains Big Worry Wednesday, 6 Feb 2008 | 12:55 PM ET
    Charles Plosser

    The Fed must remain vigilant against rising inflation pressure this year even as the U.S. economy slows sharply, Philadelphia Fed President Charles Plosser said.

  • Fed's Lacker Says 'Mild Recession' Possible Tuesday, 5 Feb 2008 | 1:05 PM ET

    The most likely path for the US economy is sluggish growth for at least half a year before a gradual recovery begins, Richmond Federal Reserve Bank President Jeffrey Lacker said.

  • Credit Crisis, Not Recession May Be Fed's Big Worry Tuesday, 5 Feb 2008 | 9:58 AM ET
    Federal Reserve Bank Chairman Ben Bernanke

    If the health of the economy is so murky, why has the Federal Reserve been so aggressive in cutting interest rates?

  • Factory Orders Rose Less Than Expected in January Monday, 4 Feb 2008 | 3:10 PM ET

    New orders at U.S. factories rose a less-than-expected 2.3 percent in December, the steepestgain since July, on strong aircraft sales, a government report showed.

  • Labor Market Sending Mixed Signals on Recession Monday, 4 Feb 2008 | 2:57 PM ET

    The labor market may be weak, but that doesn't necessarily mean the US economy is in recession or on the verge of one.

  • Manufacturing Stages Surprise Recovery in January Friday, 1 Feb 2008 | 11:24 AM ET
    Manufacturing Cars

    The U.S. manufacturing sector staged a surprise recovery, while consumer sentiment improved in January, but construction spending in the U.S. fell for the third month in a row, reflecting continued weakness in the housing sector.

  • U.S. Jobs Fell Unexpectedly By 17,000 During January Friday, 1 Feb 2008 | 11:04 AM ET
    Unemployment Line

    U.S. employers unexpectedly cut 17,000 non-farm jobs in January, the first time in nearly 4-1/2 years that U.S. payrolls shrank.

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