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  • Jacob Lew

    The Senate Finance Committee on Tuesday backed President Barack Obama's nominee to head the U.S. Treasury, Jack Lew, clearing the way for a full-Senate confirmation vote.

  • Wealthy Grant New York Taxman a Temporary Windfall Tuesday, 26 Feb 2013 | 11:31 AM ET
    Tom DiNapoli

    New York State's coffers are up $1.6 billion over last year, but the increase is due mostly to the wealthy shifting income into 2012 to avoid higher 2013 taxes.

  • Earnings Preview: Why Groupon Is Under Pressure Tuesday, 26 Feb 2013 | 11:25 AM ET

    When Groupon reports earnings Wednesday after the bell, it isn't just under pressure to grow revenue and generate profits.

  • Is Telecommuting Dead? Don't Count on It Tuesday, 26 Feb 2013 | 11:12 AM ET
    Marissa Mayer, CEO of Yahoo

    Telecommuting has been a growing trend over the past few years. But does Yahoo's decision to ban telecommuting signal a change, NBC reports.

  • Bernanke: My Inflation Record Is One of the Best Tuesday, 26 Feb 2013 | 10:26 AM ET
    Federal Reserve Chairman Ben Bernanke.

    Federal Reserve Chairman Ben Bernanke strongly defended the U.S. central bank's bond-buying stimulus before Congress on Tuesday, saying that the bank sees little risk of higher inflation in the near term.

  • Here's Why Layoffs From Sequester Will Be Costly Tuesday, 26 Feb 2013 | 10:24 AM ET

    Hundreds of thousands of workers at firms with government contracts are expected to be laid off because of sequestration. But picking who stays and who goes could be complicated and costly.

  • Back-Load Cuts to Protect Growth Now: Dem Hoyer Tuesday, 26 Feb 2013 | 10:11 AM ET
    Rep. Steny Hoyer

    A plan to replace the "sequester" should put the bulk of the reductions years out to protect the economy in the short run, House Minority Whip Steny Hoyer told CNBC.

  • New Home Sales Soar; Best Reading in Four Years Tuesday, 26 Feb 2013 | 10:02 AM ET

    U.S. new-home sales jumped in January from the previous month to the highest level since July 2008, while a separate report showed that consumer confidence picked up much more strongly than expected in February.

  • Online Pirates to Get Six Strikes Under New System Tuesday, 26 Feb 2013 | 9:32 AM ET

    Internet users who illegally share music, movies or television shows online could soon receive warning notices from the nation's major Internet service providers.

  • Divorcing Boomers Double Their Retirement Woes Tuesday, 26 Feb 2013 | 9:27 AM ET

    From housing to medical care, Boomers who divorce can expect retirement to cost as much as 50 percent more, experts say.

  • Boom! Home Prices Log Biggest Gain Since 2006 Tuesday, 26 Feb 2013 | 9:20 AM ET

    U.S. single-family home prices picked up in December, closing out 2012 with the biggest yearly gain in more than six years as the housing market got back on its feet.

  • Home Depot Earnings Top Views, Unveils Buyback Tuesday, 26 Feb 2013 | 8:57 AM ET

    Home Depot said Tuesday its fourth-quarter profit topped Wall Street analysts' expectations, helped by an extra week of sales in the current quarter as well as by improvements in the U.S. housing market, and post-Sandy buying.

  • Sequestration 'Meat Cleaver' Is Irresponsible: Summers Tuesday, 26 Feb 2013 | 8:43 AM ET
    Former U.S. National Economic Council Chairman Larry Summers

    Former Clinton Treasury Secretary Lawrence Summers argued on CNBC for a "balanced approach" because President Barack Obama has agreed to more spending cuts.

  • Not-So-Golden Years: Over 75, Burdened By Debt Tuesday, 26 Feb 2013 | 8:42 AM ET

    America's seniors appear to have grown more burdened by debt in recent years, and experts say a likely culprit is medical expenses.

  • Olympic National Park, Washington.

    As $85 billion in spending cuts loom, people across the country who rely on the government were trying to fathom what it would mean for them. The NYT reports.

  • Macy's Earnings, Revenue Edge Above Street Estimates Tuesday, 26 Feb 2013 | 8:02 AM ET

    The department store chain reported quarterly earnings and revenue that topped analysts' expectations as its strategy of tailoring merchandise to local markets paid off during the holiday season.

  • Apple is settling a lawsuit that said customers were charged when their children inadvertently downloaded certain applications from the company's online store.

  • Second Crippling Blizzard in Days Blasts Central US Tuesday, 26 Feb 2013 | 6:39 AM ET

    Another blizzard bore down on the nation's midsection early Tuesday after lashing the Texas Panhandle with hurricane-force winds, closing highways and cutting power to thousands in Texas, Oklahoma, and Kansas.

  • Past Due: More Americans Are Behind on Auto Loans Tuesday, 26 Feb 2013 | 6:21 AM ET

    More Americans fell behind on their auto loan payments in the last three months of 2012, when some borrowers' financial obligations temporarily take a backseat to spending on holiday shopping.

  • Parents Are Robbing Retirement to Pay for College Tuesday, 26 Feb 2013 | 12:00 AM ET

    Paying for your child's education is a laudable goal, but may not be realistic for some parents who could wind up jeopardizing their own financial future in order to put their children through college.

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