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Despite Overseas Weakness, US Durable Goods Rise

U.S. News

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  • Wholesale Sales Plunge Most Since March 2009 Thursday, 9 May 2013 | 10:00 AM ET

    U.S. wholesale inventories rose in March, fueled by increased stocks of cars and machinery which have provided support for economic growth early in the year, but wholesale sales posted the biggest fall in four years.

  • Einhorn to Investors: Don't Take My Advice Thursday, 9 May 2013 | 2:33 AM ET

    David Einhorn, one of the most closely followed managers in the hedge fund industry, had some blunt advice on Wednesday for his fellow investors: Do your own homework.

  • Need Cash?: More Contracts for Women Entrepreneurs Thursday, 9 May 2013 | 10:43 AM ET

    A small change to federal rules that just went into effect means more contracts could go to women-owned small businesses, Inc. reports. See if your business qualifies.

  • New Data Fans Old Debate About Health Care Costs Wednesday, 8 May 2013 | 12:38 PM ET

    Recently published health care figures from the federal government confirm what health advocates have been screaming about for years: charges vary enormously, NBC News reports.

  • Hedge Fund Billionaire Paulson Glosses Over His Losses Thursday, 9 May 2013 | 1:32 AM ET

    Days after reporting some of the industry's deepest losses, hedge fund billionaire John Paulson said investors should stick with managers for the long term.

  • Huawei's CEO Breaks Silence on US Cyberattacks Thursday, 9 May 2013 | 10:44 AM ET
    Ren Zhengfei (center) of Huawei Technologies

    Ren Zhengfei, founder and CEO of Huawei Technologies, defended the Chinese firm's stand on U.S. cybersecurity concerns when he spoke to the media for the first time on Thursday.

  • What Pitchers Could Wear Following J.A. Happ Scare Thursday, 9 May 2013 | 11:15 AM ET
    Teammates assist J.A. Happ after he was hit by a line drive on Tuesday.

    Toronto Blue Jay pitcher J.A. Happ's skull fracture from a line drive to the head raises questions about protective gear for baseball. Here are some available products.

  • Frugality Drags Retail Sales, Boosts Discounters Thursday, 9 May 2013 | 9:07 AM ET

    A number of top U.S. retailers reported disappointing April sales as consumers gravitated toward discount chains and bad weather delayed spring shopping in much of the country.

  • Fed's Fisher: Politicians Holding Back Job Growth Wednesday, 8 May 2013 | 12:14 PM ET
    Richard Fisher

    Politicians in Washington are holding back the US economy and job growth can't reach its full potential until Congress gets its act together, said Richard Fisher, president of the Dallas Fed.

  • Attention Boomers: US Needs You to Work Past 70 Thursday, 9 May 2013 | 12:11 PM ET
    A senior citizen works as a sales associate at Home Depot in the lumber department.

    A rising population of working seniors will bring stronger economic growth if companies can retool to accommodate an older workforce, the Fiscal Times reports.

  • Foreclosure Crisis Still Has Millions in Its Grip Thursday, 9 May 2013 | 7:00 AM ET
    Courtney Scott says she has been fending off foreclosure since 2008 while trying to work with her lender to modify the mortgage on her McDonough, Ga. home.

    Five years after the mortgage meltdown sparked a wave of foreclosures, millions of Americans are still fighting to save their homes. That is hurting a broader housing recovery.

  • US Jobless Claims Surprise, Dropping Below 350,000 Thursday, 9 May 2013 | 8:30 AM ET
    Job seekers wait in line to meet with employers at the 25th Annual CUNY Big Apple Job and Internship Fair at the Jacob Javits Convention Center in New York City.

    New claims for unemployment benefits dropped to the lowest level in nearly 5-1/2 years last week, signaling labor market resilience in the face of fiscal austerity.

  • Post Bangladesh, Retailers Find That Origins Matter Thursday, 9 May 2013 | 8:51 AM ET
    Michael Preysman, chief of the online boutique Everlane, at a plant in Vernon, Calif., where its T-shirts and sweatshirts are made.

    After the deadly Bangladesh building collapse, some retailers are sharing information about how their products were made. The NYT reports.

  • US Oil Production Is Nearly on Par With Imports Wednesday, 8 May 2013 | 10:53 PM ET
    A worker walks from a 161-foot-tall oil rig to retrieve a tool from a nearby shed outside Garden City in West Texas.

    The amount of oil produced in the U.S., now at a 21 year high, is nearly even with the amount being imported.

  • Wrigley Halts Sales of Caffeinated Gum ... For Now Thursday, 9 May 2013 | 10:32 AM ET

    Wrigley has temporarily halted the production of its Alert caffeinated gum as the FDA's investigates the safety of caffeine-added foods.

  • Lower Rates Fuel Jump in US Mortgage Applications Wednesday, 8 May 2013 | 7:25 AM ET

    Applications for U.S. home mortgages rose last week, fueled by demand for refinancing as interest rates fell to the lowest level of the year.

  • When It Comes to Health-Care Reform, the IRS Rules Monday, 6 May 2013 | 10:13 AM ET

    The Internal Revenue Service will play an important role in how health-care reform is managed, even deciding who will have to buy coverage.

  • 'Les Pommes' by Paul Cezanne on display during a preview

    The first of the big spring auctions began Tuesday night at Sotheby's, as bidders put money on their walls rather than in the shakier financial markets. The New York Times reports.

  • Youth Unemployment Could 'Scar' Entire Generation: ILO Wednesday, 8 May 2013 | 3:14 AM ET

    The long-term impact of rising unemployment among the young could be felt for decades, according to the International Labor Organization, which estimates that 73.4 million young people will be out of work in 2013.

  • Here's What Is Really Behind Home Price Gains Tuesday, 7 May 2013 | 11:02 AM ET

    Home prices are defying gravity and expectations, which has some asking exactly how real they are and what is driving them. The answers lie, again, in the numbers.

U.S. Video

  • Delta's new JFK Terminal 4 is officially opening this morning, with CNBC's Phil LeBeau.

  • News that the Fed may be considering to taper its bond purchase program has brought anxiety for the markets this week, with Saira Malik, TIAA-CREF; James Bullard, St. Louis Fed president; and Larry Kantor, Barclays.

  • Eugene Profit, a former NFL cornerback, has a game plan for investing. Now as CEO of Profit Investment Management, he says, "you have to do your job and no excuses."