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Economy

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  • Uh-Oh, China's PMI Miss Spells Trouble Ahead Monday, 22 Apr 2013 | 11:52 PM ET

    China's weak PMI reading puts the nation's recovery in question as economists recalibrate growth projections lower for the economy.

  • Will China's Bird Flu Put Inflation Hawks at Bay? Monday, 22 Apr 2013 | 11:29 PM ET
    Shanghai commuters wear face masks as the latest H7N9 bird flu virus continues to claim victims.

    An outbreak of bird flu in China and recent images of dead pigs floating in rivers have hit demand for chicken and pork and that's likely to curb inflation in the months ahead, analysts say.

  • Why Gold May Have Hit Bottom, for Now Monday, 22 Apr 2013 | 3:53 PM ET

    Gold may have seen its low price for now, amid signs of consumer and hedge fund interest in the precious metal, analysts say.

  • Flight Delays Pile Up Monday After FAA Budget Cuts Monday, 22 Apr 2013 | 12:17 PM ET
    Canceled flights due to weather are displayed on a departure monitor at San Francisco International Airport on February 8, 2013.

    It was a tough start to the week for many air travelers as federal budget cuts led to cascading delays along the East Coast Monday morning.

  • Housing's Spring Bloom 'Stuck' Due to Short Supply Monday, 22 Apr 2013 | 11:20 AM ET

    Housing supply is supposed to grow in the spring due to warmer weather and the convenience for families of moving during the summer. That is not the case this year.

  • Home Resales Stall; Prices Rise Most Since 2005 Monday, 22 Apr 2013 | 10:01 AM ET

    U.S. home resales edged downward in March, a pause in the housing market recovery that has helped boost the economy.

  • Caterpillar CEO: Most Confident I've Been in 2 Years Monday, 22 Apr 2013 | 9:54 AM ET
    Doug Oberhelman, CEO of Caterpillar.

    The best word to describe the U.S. economy and economies around the world is "stability," Caterpillar CEO Doug Oberhelman told CNBC, despite the company's earnings and revenue misses and scaled-backed outlook.

  • This Time It's Different, US Won't Stall: SocGen Monday, 22 Apr 2013 | 7:55 AM ET

    Job numbers and a sell-off in commodities may have curbed investor sentiment in the U.S. in recent weeks, but according to Societe Generale, the economy is now made of sterner stuff.

  • Bill Gross

    Pimco's Bill Gross has launched an attack on Britain and the euro zone for cutting debt with severe austerity measures, warning that such action risks stifling recovery, the FT reports.

  • Massive Privatization to Help Cut UK Debt Monday, 22 Apr 2013 | 1:16 AM ET
    A view over the financial district and St Paul's Cathedral towards the west of the city at sunrise in London.

    Up to half the 21 companies where the U.K. government has a shareholding could be wholly or partly privatized in the next few years, a senior official has said.

  • Why Fed, ECB’s ‘Great Job’ Is Not Enough Sunday, 21 Apr 2013 | 10:59 PM ET
    EU-and-US-flag.jpg

    Both the Fed and the ECB have tried to boost demand in the two regions that represent 40 percent of the global economy, but it is not happening. Here's why.

  • Opportunistic Indians Ride China’s Economic Boom Sunday, 21 Apr 2013 | 7:36 PM ET
    india-china-map-200.jpg

    The Chinese city of Guangzhou is home to an expanding community of entrepreneurs from economic rival, India, who have migrated there to share the fruits of China's stupendous growth.

  • Europe's Economy Is Dead, Needs Central Bank CPR Sunday, 21 Apr 2013 | 5:02 PM ET

    An early peek this week at how the euro zone economy performed in April could cement the case for the next installment in monetary easing by the world's major central banks.

  • Bernanke to Skip This Year's Jackson Hole Meeting Sunday, 21 Apr 2013 | 3:56 AM ET
    Ben Bernanke

    Federal Reserve Chairman Ben Bernanke will miss the annual Jackson Hole monetary policy symposium this year due to a scheduling conflict, skipping the prestigious event for the first time since taking the helm of the central bank in 2006.

  • IBM's Ominous Earnings Sign to the Stock Market Friday, 19 Apr 2013 | 4:03 PM ET

    IBM's awful earnings performance in the first quarter likely foretells a rough time ahead for the stock market.

  • They're Baack! Banks Revive Mortgage-Backed Bonds Friday, 19 Apr 2013 | 2:14 PM ET
    Hard Rock Hotel, Chicago, Il.

    Once more, arcane-sounding financial products like collateralized debt obligations are being minted on Wall Street.

  • Is This Stock Pullback Different Than The Others? Friday, 19 Apr 2013 | 10:43 AM ET

    The meager three percent pullback in the S&P 500 at the end of February made a lot of traders believe that any pullback should be bought, but there has been a lot of discussion this week that this pullback might be different.

  • Wall Street Turns Viciously Against Apple Friday, 19 Apr 2013 | 4:04 AM ET

    Wall Street has turned against its one-time iDarling. The rout in Apple's shares has been swift, with the stock falling 44 percent since late September, leaving many wondering when, and where, all of this will end. The NYT reports.

  • Next Wave of Earnings About to Hit Markets Thursday, 18 Apr 2013 | 8:21 PM ET
    Traders on the floor of the NYSE

    Several more Dow components report earnings Friday, providing a glimpse of how industrial and consumer companies fared in the squishy global economy last quarter.

  • IRS Workers Caught With Hands in Cookie Jar Thursday, 18 Apr 2013 | 5:33 PM ET

    Twenty-four current and former Internal Revenue Service employees have been charged with stealing government benefits, federal prosecutors said Wednesday.

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