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US Economy

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  • California economy stands up to nature's wrath Monday, 22 Sep 2014 | 12:26 PM ET
    Redding, Calif., firefighters help a resident search for personal belongings in the remains of her destroyed home in Weed, Calif., Sept. 16, 2014.

    The impact of natural disasters is being felt unevenly in California, but economists say the Golden State's economy won't suffer overall.

  • US STOCKS-Wall St falls on China demand concerns Monday, 22 Sep 2014 | 11:49 AM ET

    Recent data in China has been weak, leading many analysts to lower their growth forecasts and hope for more aggressive accommodations from the government. In remarks on Sunday, Finance Minister Lou Jiwei said China wouldn't dramatically alter its economic policy because of any one economic indicator.

  • 3 million long-term unemployed still jobless Monday, 22 Sep 2014 | 11:31 AM ET

    A survey finds 20% of Americans laid off the past five years are still unemployed, reports USA Today.

  • Dudley: 'I would love to' raise rates in 2015 Monday, 22 Sep 2014 | 10:59 AM ET
    New York Federal Reserve President William Dudley

    The New York Fed president expressed concern over dollar strength and cautioned investors against trying to read too much into economic projections.

  • Obama tries Reagan touch on economy, but wages weigh Monday, 22 Sep 2014 | 10:23 AM ET
    President Barack Obama speaks during a visit to the U.S. Central Command at the MacDill Air Force Base on September 17, 2014 in Tampa, Florida.

    Despite invoking Ronald Reagan's rhetoric, the public isn't buying Obama's economic renewal.

  • Texas independence MUST happen Monday, 22 Sep 2014 | 10:10 AM ET

    The Scotland vote on independence was a wake-up call for the world, says Texas Nationalist Movement President Daniel Miller.

  • BRUSSELS, Sept 22- The European Central Bank stands ready to use additional unconventional tools if needed to spur inflation and growth in the euro zone, ECB President Mario Draghi said on Monday. Such quantitative easing, or QE, would face strong resistance in Germany.

  • Draghi: Euro recovery losing momentum Monday, 22 Sep 2014 | 9:38 AM ET

    FRANKFURT, Germany— European Central Bank head Mario Draghi defended the bank's new stimulus programs as he warned that the weak economic recovery in the eurozone "is losing momentum."

  • Sept 22- Home cleaning products maker Clorox Co said it was discontinuing operations in Venezuela as the business was no longer viable and that it was looking to sell its assets there. Venezuela devalued its currency bolivar last year, which forced a number of consumer goods companies such as Colgate-Palmolive Co and Avon Products Inc to slash product prices.

  • Business activity decelerates in August: Chicago Fed Monday, 22 Sep 2014 | 8:33 AM ET
    A worker prepares parts to be assembled for industrial coffee grinding equipment at the Modern Process Equipment manufacturing facility in Chicago.

    U.S. economic activity slowed in August, a closely watched gauge issued by the Chicago Federal Reserve said on Monday.

  • Resilient Americans still believe in Main Street Monday, 22 Sep 2014 | 12:03 AM ET

    Few small businesses think now is the time to expand, and hiring is essentially flat. But wait—there may be a silver lining.

  • BEIJING, Sept 21- China will not dramatically alter its economic policy because of any one economic indicator, Finance Minister Lou Jiwei said on Sunday, in remarks that came days after many economists lowered growth forecasts having seen the latest set of weak data.

  • BEIJING, Sept 21- China will not dramatically alter its economic policy because of any one economic indicator, Finance Minister Lou Jiwei said on Sunday. Lou made the remarks at a meeting of finance ministers and central bank governors from the G20 countries in Australia, according to a statement from the People's Bank of China, China's central bank.

  • Manufacturing in Ohio seeing slow, steady growth Saturday, 20 Sep 2014 | 5:42 PM ET

    While manufacturing alone no longer dominates the state's economy, its fortunes still rise and fall with the health of the state's industries.

  • Singles are bad news for Social Security coffers Saturday, 20 Sep 2014 | 3:00 PM ET

    Most American adults are single. That's bad news for Social Security but potentially good news for welfare programs.

  • Lawmakers wary of university budget proposal Saturday, 20 Sep 2014 | 11:21 AM ET

    CONCORD, N.H.— While some New Hampshire lawmakers like the idea freezing in-state tuition at public colleges for another two years, they aren't ready to increase funding for the university system by 34 percent.

  • Figures on government spending and debt Friday, 19 Sep 2014 | 5:00 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Greece: New bailout 'out of the question' Friday, 19 Sep 2014 | 3:43 PM ET

    ATHENS, Greece— Greece's finance minister said Friday that his country will not seek additional rescue funds from other eurozone countries after bailout loans are completed this year, despite concerns from rescue lenders that an early general election could unravel years of painful cost-cutting reforms.

  • As Alibaba debuts, Jack Ma nods to the little guy Friday, 19 Sep 2014 | 2:35 PM ET
    The words 'Made in USA' are displayed on the label on a pair of denim jeans.

    As Alibaba began trading on the NYSE Friday, founder of the e-commerce giant Jack Ma acknowledged the company's commitment to smaller merchants in a CNBC interview.

  • Layoffs postponed for Ohio uranium plant cleanup Friday, 19 Sep 2014 | 1:48 PM ET

    COLUMBUS, Ohio— A funding measure approved this week by Congress would at least postpone hundreds of layoffs for workers handling decontamination and decommissioning of a Cold War-era uranium plant in southern Ohio. It included $13.7 million to continue cleanup of the former Portsmouth Gaseous Diffusion Plant in Piketon until December, Republican Sen.

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