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US Economy

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  • NEW YORK, Sept 17- U.S. stocks rose on Wednesday, ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the U.S. central bank.

  • NEW YORK, Sept 17- U.S. stocks opened flat on Wednesday, ahead of a key statement by the Federal Reserve, which is expected to provide clues on the next monetary policy move by the U.S. central bank.

  • This poverty data masks the reality Wednesday, 17 Sep 2014 | 9:18 AM ET
    A man begs for money on a stairwell in an entrance to the Port Authority Bus Terminal on August 21, 2014 in New York City.

    The latest government poverty report doesn't tell the whole story about what it means to be poor in America. Here's why.

  • US STOCKS-Wall St to open flat, eyes on Fed statement Wednesday, 17 Sep 2014 | 9:15 AM ET

    NEW YORK, Sept 17- U.S. stocks were set to open little changed on Wednesday ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the U.S. central bank.

  • US STOCKS-Futures little changed as Fed statement awaited Wednesday, 17 Sep 2014 | 7:42 AM ET

    NEW YORK, Sept 17- U.S. stock index futures were little changed on Wednesday ahead of a key statement by the Federal Reserve which is expected to provide clues on the next monetary policy move by the U.S. central bank.

  • Ukraine central bank sees economy growing 1 pct in 2015 Wednesday, 17 Sep 2014 | 5:19 AM ET

    KIEV, Sept 17- Ukraine's economy should pick up next year and grow 1.0 percent, the central bank said on Wednesday, after a sharp contraction this year due mainly to the impact of the crisis in eastern Ukraine. Ukraine has already received two disbursements under a $17 billion International Monetary Fund bailout this year.

  • TOKYO, Sept 17- The Bank of Japan has begun paying banks for the privilege of lending them cash in a sign the central bank is reaching the limits of its power to reflate the economy, although it may soon be forced to pump yet more money into the financial system.

  • No Labels gathers allies in DC to start 2016 push Wednesday, 17 Sep 2014 | 3:20 AM ET

    WASHINGTON— Lawmakers and strategists from both parties are gathering to outline a plan to save Social Security, add 25 million jobs and balance the federal budget. A No Labels-backed Problem Solvers caucus formed on Capitol Hill and attracted close to 100 lawmakers. Peter Welch, a Vermont Democrat and a No Labels supporter.

  • How healthy is the US housing market?     Tuesday, 16 Sep 2014 | 8:37 PM ET

    Robert Morse, Chairman of Bridge Investment Group Partners, says the U.S. housing market is recovering and will be able to withstand a modest rate hike.

  • DIARY - Top economic Events to Sept 29 Tuesday, 16 Sep 2014 | 8:01 PM ET

    STOCKHOLM- Sveriges Riksbank will release the minutes of September monetary policy meeting- 0730 GMT. STOCKHOLM- Sweden Central Bank Deputy Governor Martin Floden speaks on the topic "The economic situation and my views on monetary policy"- 0900 GMT.

  • Business Highlights Tuesday, 16 Sep 2014 | 5:59 PM ET

    Alibaba risk: China's rise leaves out investors. WASHINGTON— American investors are clamoring to buy a stake in Chinese e-commerce giant Alibaba, which is launching what may prove the biggest initial public stock offering ever. IPOs, according to research by Jay Ritter, a finance professor at the University of Florida.

  • TOKYO, Sept 17- The Bank of Japan has begun paying banks for the privilege of lending them cash in a sign the central bank is reaching the limits of its power to reflate the economy, although it may soon be forced to pump yet more money into the financial system.

  • Figures on government spending and debt Tuesday, 16 Sep 2014 | 4:54 PM ET

    WASHINGTON— Figures on government spending and debt.

  • Foreign holdings of US Treasury securities dip Tuesday, 16 Sep 2014 | 4:39 PM ET

    The two biggest purchasers, China and Japan, both cut back. The Treasury Department said Tuesday in its monthly report that foreign holdings dipped 0.3 percent in July to $6.0 trillion, down from a record $6.01 trillion in June. Japan, the No. 2 buyer, trimmed its holdings by 0.04 percent to $1.22 trillion.

  • A report from the Census Bureau on Tuesday showed the country's median household income edged up just $180 last year to $51,939, a gain deemed statistically insignificant. Congress and the White House raised taxes on most Americans in 2013 while cutting back government spending, and the austerity was a major factor holding back economic growth.

  • 'Death cross' looms? Russell 2000 a concern: Cashin Tuesday, 16 Sep 2014 | 2:48 PM ET
    Art Cashin

    "If the bears are going to have a day, ... it will be the Russell they'll use as a vehicle," UBS' Art Cashin says.

  • Philadelphia cigarette tax tops legislative agenda Tuesday, 16 Sep 2014 | 2:24 PM ET

    HARRISBURG, Pa.— Philadelphia's school system drew nearer to a badly needed infusion of cash with a unanimous Pennsylvania House committee vote Tuesday in favor of a $2- a-pack cigarette tax in the city.

  • Govt probing early release of PPI data: Report Tuesday, 16 Sep 2014 | 1:09 PM ET
    Secretary of Labor Thomas Perez.

    The U.S. Department of Labor is investigating a technical glitch that allowed the partial early release of PPI data, Bloomberg reported.

  • Millennials start leaving Mom and Dad's nest Tuesday, 16 Sep 2014 | 12:59 PM ET

    Look who's finally leaving the roost. Millennials are starting to move out of their parents' houses, opting to rent in many cases.

  • We're not that wild about Q3 outlook: CEOs Tuesday, 16 Sep 2014 | 12:31 PM ET
    Snow falls over Lower Manhattan stands in the early hours of a major winter storm on February 8, 2013

    U.S. corporate executives are scaling back business plans this quarter, consistent with other subdued economic indicators.

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