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US Economy

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  • US gas prices tumble on back of refinery cuts Monday, 28 Jul 2014 | 9:08 AM ET
    Gas pumps are seen at a Chevron gas station in San Francisco, California.

    The average U.S. price for gasoline is now about 10 cents lower than a year ago. The recent drop came despite a rise in global crude oil's price.

  • Argentina in last-ditch effort to avert default Monday, 28 Jul 2014 | 9:04 AM ET

    By Wednesday, Argentina has to make a payment to other creditors who accepted the restructured bonds or fall into default. But U.S. federal District Judge Thomas Griesa has forbidden Argentina to pay them without paying the holdouts as well.

  • Lloyds Banking Group agreed to pay fines totaling $370 million to the U.S. and British as part of an interest rate rigging scandal.

  • KIEV, July 28- Ukrainian Prime Minister Arseny Yatseniuk said on Monday any failure by lawmakers to approve budget amendments on a second attempt would amount to the breakdown of Kiev's bailout deals with the International Monetary Fund and the World Bank.

  • Russia ordered to pay $50B over Yukos Monday, 28 Jul 2014 | 4:32 AM ET

    LONDON— An international court on Monday ordered Russia to pay over $50 billion in compensation to the former majority shareholder of now-defunct Russian oil company Yukos over the expropriation of the company more than 10 years ago.

  • Sean Callow, Senior Currency Strategist at Westpac Bank, says expectations for a raft of positive U.S. data, along with the steady decline of the euro, will take the greenback higher.

  • Fed taper is on a 'pre-determined path': ANZ     Sunday, 27 Jul 2014 | 11:13 PM ET

    Richard Yetsenga, Head of Global Markets Research at ANZ, expects this week's FOMC meeting to announce a further $10 billion reduction of the central bank's bond-buying program.

  • Emma Lawson, Senior Currency Strategist at National Australia Bank, discusses how key events like the FOMC meeting and U.S. second quarter GDP will move the greenback this week.

  • Here's what markets are nervous about     Sunday, 27 Jul 2014 | 6:11 PM ET

    John Kosar, President & Market Technician at Asbury Research, outlines the week's key events. He also discusses last week's decline in the U.S. 10-year yield.

  • What you need to keep an eye on this week     Sunday, 27 Jul 2014 | 6:00 PM ET

    From China's twin factory data to a raft of corporate earnings, CNBC's Pauline Chiou highlights what will drive markets this week.

  • Here's what may matter more than jobs and earnings Sunday, 27 Jul 2014 | 5:00 PM ET

    Between GDP, employment data and earnings reports, investors will have a lot to chew over this week. But here's what the real driver could be.

  • Wanted: More women millennial entrepreneurs Sunday, 27 Jul 2014 | 11:00 AM ET
    Carly Zakin and Danielle Weisberg launched theSkimm in 2012, a daily e-mail newsletter aimed at millennials.

    Seeking a corporate world alternative, more millennial women are launching ventures in the start-up space that's dominated by male founders.

  • US oil's new 'Big Three' form million barrel club Sunday, 27 Jul 2014 | 9:00 AM ET
    An oil pump operates in the Permian Basin oil field near Carlsbad, New Mexico.

    The Bakken, Eagle Ford and Permian Basin are generating more than a million barrels of oil per day each, a third of U.S. daily production.

  • Study: Embargo wouldn't hurt Russia Sunday, 27 Jul 2014 | 3:05 AM ET

    LONDON— An arms embargo against Russia would be little more than symbolic because Russia is largely self-sufficient in supplying its armed forces, a report argued Sunday.

  • Ohio adds 244K jobs under Kasich; recovery slow Saturday, 26 Jul 2014 | 10:01 AM ET

    A look at some of the facts about Ohio jobs and the politics behind the debate:. Ohio's nonfarm employment was more than 5.3 million in June. Ohio's unemployment rate has fallen steadily since 2010, from 10.6 percent in January 2010 to 5.5 percent in May and June, the lowest rate since before the recession.

  • What if Obama defended business for once?: Kudlow Friday, 25 Jul 2014 | 5:48 PM ET

    Wouldn't it be nice if, just for once, Obama defended American business instead of attacking it?, asks Larry Kudlow.

  • House votes to boost child tax credit for some Friday, 25 Jul 2014 | 4:33 PM ET
    Pedestrians pass the Capitol building in Washington.

    More families with higher incomes could claim the popular child tax credit under a bill that won approval Friday in the House.

  • House and Senate chairs resume talks on VA Friday, 25 Jul 2014 | 4:12 PM ET

    Jeff Miller, R- Fla., chairman of the House veterans panel, and his Senate counterpart, Sen. He traveled to Philadelphia for a conference and was also planning to go home to Vermont. The House and Senate are set to adjourn next week until early September, and lawmakers from both parties have said completing a bill on veterans' health care is a top priority.

  • Child tax credit: Who gets it? Friday, 25 Jul 2014 | 3:25 PM ET

    —The child tax credit provides up to $1,000- per-child to parents with children younger than 17.. —The credit is gradually reduced for individuals making more than $75,000 a year and married couples making more than $110,000 a year. —Indexes the credit amount to inflation, so it would gradually rise above $1,000 as consumer prices go up.

  • Short & long-term outlook     Friday, 25 Jul 2014 | 2:05 PM ET

    Discussing the difficulty in calling the market's next direction, and what current trends reveal, with Mark Okada, Highland Capital co-founder and CIO, and Dan Greenhaus, BTIG.

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