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  • How No 'Cliff' Deal Will Hammer the Middle Class Friday, 28 Dec 2012 | 11:04 AM ET

    There’s a common misperception about the fiscal cliff — that the tax increases only apply to 2013. Not true. The Fiscal Times reports.

  • Pending Home Sales Rise 1.7 Percent, Beat Forecast Friday, 28 Dec 2012 | 10:01 AM ET

    A measure of Americans who signed contracts to buy homes increased last month to its highest level in two and a half years, the latest sign of improvement in the housing market.

  • Business activity in the U.S. Midwest expanded in December, a report showed, boosted by a rebound in customer demand. But the pace of hiring in the sector was the slowest it has been in more than three years.

  • China's central bank will use various tools to ensure steady credit growth to support the economy while pursuing financial reform in the face of weakness and uncertainty in the global economic outlook, it said in comments published on Friday.

  • How the UK Tax Man Got Cozy With Big Business Friday, 28 Dec 2012 | 4:53 AM ET

    For Ian Barlow, Britain's tax authority has gone from being fearsome to being really rather nice.

  • Weak Japan Data Bolster Abe's Hand on Stimulus Friday, 28 Dec 2012 | 12:32 AM ET

    Poor Japanese manufacturing data on Friday gave new Prime Minister Shinzo Abe more ammunition to push for big spending and easy money to salvage the world's third largest economy from decades of deflation and its fourth recession since 2000.

  • As Clock Ticks, Can the US Avert 'Fiscal Cliff'? Thursday, 27 Dec 2012 | 11:28 PM ET

    President Obama will meet with congressional leaders on Friday in a last-ditch effort to avert a fiscal crisis. The NYT reports.

  • 'Container Cliff' Avoided Until Early February Thursday, 27 Dec 2012 | 8:20 PM ET
    Members of International Longshore and Warehouse Union Local 63 Office Clerical Unit walk a picket line near APM Terminals, halting cargo at the busiest seaport complex in the nation.

    After a week of negotiations, The Federal Mediation and Conciliation Service announced that an agreement has been reached between the International Longshoremen's Association and the U.S. Maritime Alliance.

  • Consumer, Businesses Brace for 'Fiscal Cliff' Thursday, 27 Dec 2012 | 12:51 PM ET

    Business managers have blamed uncertainties over the looming "fiscal cliff" for their lack of new hiring. We may be about to find out just how justified those fears are.

  • New Home Sales Rise to Highest Level Since 2010 Thursday, 27 Dec 2012 | 10:02 AM ET

    New U.S. single-family home sales accelerated in November to the fastest pace in 2 1/2 years and median sales price jumped, but economic optimism was tempered by a report showing falling consumer confidence.

  • Jobless Claims Continue Trend Lower; Sandy Fades Thursday, 27 Dec 2012 | 8:31 AM ET

    The number of Americans filing new claims for unemployment aid fell last week to nearly its lowest level in 4 1/2 years, a sign that the labor market is healing.

  • The 'Fiscal Cliff' Doesn't Matter: Economist  Thursday, 27 Dec 2012 | 2:00 AM ET

    Roger Nightingale, Economist at RDN Associates argues the "fiscal cliff" doesn't matter and the U.S. economy will head into recession, irrespective of what Congress and the White House do.

  • Talks to Avoid East Coast Port Strike to Resume Wednesday, 26 Dec 2012 | 10:18 PM ET

    The International Longshoremen's Association and the U.S. Maritime Alliance will go back to the negotiation table to try to avert a longshoreman's strike that would close 15 ports from Massachusetts to Texas.

  • Profits at China's Factories Jump as Economy Recovers Wednesday, 26 Dec 2012 | 9:56 PM ET
    Labors work at a factory's workshop in Huaying, Sichuan province of China.

    Annual growth of China's industrial profits quickened to 22.8 percent in November from October's 20.5 percent, official data showed on Thursday, reinforcing signs of a steady economic recovery thanks to pro-growth policies.

  • Geithner Warns US to Hit Debt Ceiling Monday Wednesday, 26 Dec 2012 | 4:40 PM ET

    Treasury Secretary Timothy Geithner on Wednesday notified Congress that the U.S. is going to hit the debt ceiling on New Year's Eve.

  • Starbucks will use its ubiquitous coffee cups to tell U.S. lawmakers to come up with a deal to avoid going over the "fiscal cliff'' and triggering automatic tax hikes and spending cuts.

  • Did the Grinch Steal the Holiday Shopping Season? Wednesday, 26 Dec 2012 | 11:17 AM ET

    Despite some reports suggesting holiday sales will be the worst since 2008, Matthew Shay, president of the National Retail Federation, told CNBC he's still predicting a 4.1 percent increase.

  • Obama Picks El-Erian to Head Global Development Council Wednesday, 26 Dec 2012 | 10:59 AM ET
    Mohamed El-Erian

    Pimco CEO Mohamed A. El-Erian has been named chairman of President Barack Obama's Global Development Council, which was created to help boost global development.

  • Home Prices Post Gains as Recovery Keeps Pace Wednesday, 26 Dec 2012 | 10:45 AM ET

    Home prices rose in October, reinforcing the view the domestic real estate market is improving and should bolster the economy in 2013.

  • Over the Fiscal Cliff: What Kind of Landing? Wednesday, 26 Dec 2012 | 10:14 AM ET

    Why is it so hard for Republicans and Democrats to compromise on urgent matters of taxes and spending? What will happen if they fail to meet their Jan. 1 deadline? Here's a look.

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