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Economy

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  • How Much Money Would Taxing the Rich Raise? Monday, 17 Dec 2012 | 11:00 AM ET
    Speaker of the House John Boehner and President Barack Obama.

    For all its symbolic value, the House Speaker John Boehner's plan to tax million-plus incomes would raise only modest revenues compared to the Obama plan.

  • Jobless Rate Won't Hit 6.5% for 3 Years: Fed's Lacker Monday, 17 Dec 2012 | 10:46 AM ET
    Jeffrey Lacker

    Richmond Federal Reserve President Jeffrey Lacker, the only Fed member to oppose the new numerical targets for unemployment and inflation, told CNBC Monday that it will take three more years before the US jobless rate falls to the targeted 6.5 percent.

  • Manufacturing in New York state declined for a fifth straight month in December as new orders shrank and the labor market remained weak, a report showed on Monday.

  • The U.S. economy will stay on a moderate growth path in 2012 amid weak consumer spending and business investment, a new survey published on Monday said.

  • Shinzo Abe, incoming Prime Minister of Japan.

    While only time will tell whether Japan's incoming Prime Minister Shinzo Abe wins the war against deflation, one thing is clear. The central bank will be pushed to be far more aggressive than it has ever been.

  • The obscure islets at the center of bitter spats between China and its neighbors have become a flashpoint that could get hotter and embroil America.

  • Millions Face Higher Taxes Real Soon Without Fix Sunday, 16 Dec 2012 | 9:22 AM ET

    Millions of Americans will get hit by big tax increases a lot sooner than many realize if Congress and the White House don't agree on a plan to skirt the year-end fiscal cliff - in fact, they already have.

  • Oregon Makes a New Tax Deal with Nike Friday, 14 Dec 2012 | 10:12 AM ET
    Nike shoes are displayed at Modell's Sporting Goods in Philadelphia.

    Nike recently said it would consider investing in growth outside the state unless there were guarantees that the company's tax status would not change in the near future.

  • Factories Hum at Eight-Month High in December Friday, 14 Dec 2012 | 10:04 AM ET

    Manufacturing grew at its swiftest pace in eight months in December, buoyed by increases in domestic and overseas demand.

  • Narrow 'Fiscal Cliff' Bargain Gains Currency Friday, 14 Dec 2012 | 9:58 AM ET

    The White House and many congressional Republicans are now looking at a modest deal that would extend current tax rates for most Americans and leave vexing issues for the new year.

  • Obama Won't Go After States Where Pot Is Legal Friday, 14 Dec 2012 | 9:17 AM ET

    President Obama says he won't go after Washington state and Colorado for legalizing marijuana.

  • US Consumer Prices Post First Drop in Six Months Friday, 14 Dec 2012 | 8:42 AM ET

    U.S. consumer prices fell in November for the first time in six months, pointing to muted inflation pressures that should allow the Federal Reserve to stay on its monetary policy path.

  • Fisher: Fed Risks 'Hotel California' Monetary Policy Friday, 14 Dec 2012 | 5:23 AM ET

    Dallas Fed President Richard Fisher has said he is worried the Fed is in a "Hotel California" type of monetary policy because of its "engorged balance sheet."

  • Britain's Queen Quizzes Central Bank on Crisis Friday, 14 Dec 2012 | 2:43 AM ET
    Queen Elizabeth II views stacks of gold as she visits the Bank of England with Prince Philip, Duke of Edinburgh on December 13, 2012 in London, England.

    During a visit to the Bank of England on Thursday, the Queen was overheard asking whether a "lax" attitude to financial regulation had contributed to the financial crisis.

  • Coming Soon: China's Growth Resurgence? Friday, 14 Dec 2012 | 12:58 AM ET

    Faced with the risk of a hard landing earlier this year, China's economy is now in the midst of a robust rebound, prompting economists to make bullish forecasts for growth in the new year.

  • Thursday, 13 Dec 2012 | 11:01 PM ET
  • Tax Chill Blows Through Central London Property Thursday, 13 Dec 2012 | 2:42 PM ET
    One Hyde Park in London, U.K.

    A single apartment complex where 30 of 72 apartments are registered to offshore companies is expected to pay more than $4 million in taxes.

  • Why the Fed Deserves Credit for the Recovery Thursday, 13 Dec 2012 | 12:20 PM ET

    In the absence of immediate or even early indications of an upwelling of inflation, the Fed is clearly determined to focus maximum effort on the other leg of its "dual mandate," i.e. fostering full employment.

  • Yoshikami: Bernanke Gives Hints About Investment Strategy Thursday, 13 Dec 2012 | 10:30 AM ET
    Ben Bernanke

    CNBC contributor Michael Yoshikami suggests investors should carefully reconsider holding long dated bonds.

  • U.S. businesses added to their stockpiles in October while sales fell, a sign that companies may order fewer goods ahead.

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