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  • US claims rise, but hope abounds for labor market Thursday, 8 Aug 2013 | 8:36 AM ET
    Signage for employment with the City of Chicago is visible beyond job seeker at a job fair in Chicago, Illinois.

    The number of Americans filing new claims for jobless benefits rose slightly last week but was near its lowest level since before the 2007-09 recession.

  • Americans are spending more...but not with plastic Thursday, 8 Aug 2013 | 7:49 AM ET
    A Ford Focus sits on display at a Manhattan car dealership that sells Ford vehicles in New York City.

    Americans borrowed more in June to buy cars and attend schools. But they were frugal again with their credit cards, as many remain wary of taking on high-interest debt.

  • No longer a luxury dish? Lobster prices plummet Wednesday, 7 Aug 2013 | 8:43 PM ET

    The lobster industry is being crippled by a glut of supply that many attribute to climate change, sending the price per pound plummeting and making the crustacean affordable.

  • US consumer credit up $13.8 billion in June Wednesday, 7 Aug 2013 | 3:07 PM ET
    A shopper walks down 5th Avenue in New York City.

    US consumer credit rose less than expected in June - to $2.8 trillion - held back by the largest decline in credit card use in a year as households continue to pay down debts.

  • US job growth steady; federal hiring drops: Gallup Wednesday, 7 Aug 2013 | 8:34 AM ET
    A Jobs sign is seen on the US Chamber of Commerce Building in Washington, D.C.

    A monthly gauge of U.S. employment held steady in the latest week, underscoring little movement in overall hiring yet showing a "significant decline" in federal government jobs.

  • US mortgage apps rise, even as rates do, too Wednesday, 7 Aug 2013 | 7:06 AM ET

    Potential buyers crept back into the U.S. housing market last week as applications for mortgages edged up, even though rates resumed their ascent.

  • Wien: Government should spend more, taper less Tuesday, 6 Aug 2013 | 11:17 AM ET
    Byron Wien, vice chairman of Blackstone Advisory Partners

    There's no reason the Fed should taper asset purchases and instead the government needs to increase spending, said Byron Wien, vice chairman of Blackstone Advisory Partners.

  • Export surge drives US trade gap to 3.5-year low Tuesday, 6 Aug 2013 | 8:35 AM ET

    The U.S. trade deficit narrowed sharply in June to its lowest level in more than 3-1/2 years as imports reversed the prior month's spike.

  • Chicago pension crisis: 'Dark cloud' drawing near Tuesday, 6 Aug 2013 | 6:20 AM ET
    Chicago, Illinois

    Beneath the signs of recovery is one of the most poorly funded pension systems in the nation, threatening to challenge the city’s finances for years to come.

  • Why keeping up with the Joneses just got tougher Tuesday, 6 Aug 2013 | 6:00 AM ET
    A shopper in Shanghai

    Emerging middle class-consumers in countries such as India and China are pushing up prices for everything from food to diamonds.

  • Obama first to politicize Fed pick: Romney advisor Monday, 5 Aug 2013 | 10:11 AM ET
    Janet Yellen and Larry Summers

    President Obama is playing politics with his choice for Fed chair, but he'll get his nominee confirmed, said Glenn Hubbard, advisor to Romney's 2012 presidential campaign.

  • US service sector soars in July, crushing forecast Monday, 5 Aug 2013 | 10:00 AM ET
    A cocktail waitress delivers drinks to guests at the MGM Resorts International casino in Las Vegas, Nevada.

    The pace of growth in the US services sector accelerated in July, picking up from a three-year low as new orders surged to their highest level in five months.

  • Fed outlier! No taper before year-end: Strategist Monday, 5 Aug 2013 | 9:18 AM ET

    Bucking widespread expectations on Wall Street, the Fed won't begin to scale back its bond buying before year-end, said Jeffrey Saut, chief investment strategist at Raymond James.

  • Defying other indicators, consumer spending stalls Monday, 5 Aug 2013 | 8:49 AM ET
    Shoppers walk down 5th Avenue in New York City.

    U.S. consumer spending has remained largely flat for the last three months, Gallup reported on Monday, in contrast to other indicators suggesting otherwise.

  • Are suburbs dying a slow death?     Monday, 5 Aug 2013 | 6:33 AM ET

    The growing trend among Americans to choose urban living over the suburbs is causing many home builders and mall operators to change their business models, says Leigh Gallagher, "The End of Suburbs" author.

  • So-so summer: Job growth disappoints; rate drops Friday, 2 Aug 2013 | 9:36 AM ET

    Job growth continued in July as the U.S. economy added another 162,000 jobs—enough to keep the recovery theme going but not a level likely to have a major effect on monetary policy.

  • Consumers on spending spree, despite higher prices Friday, 2 Aug 2013 | 8:43 AM ET

    U.S. consumer spending increased and inflation pushed higher in June, which could strengthen expectations of the Federal Reserve curtailing its bond purchases later this year.

  • Fed tapering will be for wrong reason: El-Erian Thursday, 1 Aug 2013 | 10:14 AM ET
    Mohamed El-Erian, chief executive officer and co-chief investment officer of Pacific Investment Management Company LLC (PIMCO).

    The Fed's tapering is "almost a given," but there won't be enough economic growth to justify the reduction, Pimco's Mohamed El-Erian tells CNBC.

  • Happy days here again? US claims hit 5-1/2 yr low Thursday, 1 Aug 2013 | 8:30 AM ET

    The number of Americans filing new claims for unemployment benefits touched a 5-1/2 year low, suggesting a steadily improving labor market.

  • Defense, health care suffer as planned layoffs drop Thursday, 1 Aug 2013 | 7:35 AM ET
    Job seekers speak with an employer at a job fair in Chicago.

    Planned layoffs at U.S. firms fell modestly in July, though the healthcare and defense sectors saw the biggest job cuts, a report on Thursday showed.

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