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  • Bank’s Lobbyists Help in Drafting Financial Bills Friday, 24 May 2013 | 6:59 AM ET

    In a sign of Wall Street’s resurgent influence, bank lobbyists are aiding lawmakers in preparing legislation that softens regulations of the financial industry.

  • James Bullard

    Inflation needs to move closer to target before the Federal Reserve shifts towards a tapering of its bond purchase program, James Bullard told CNBC.

  • Cramer: Bernanke Worried About These 2 Laggards Thursday, 23 May 2013 | 6:01 PM ET
    Federal Reserve Board Chairman Ben Bernanke

    Ben Bernanke would never admit to it, but Cramer is convinced he’s worried about these two laggards.

  • Record High New Home Prices Have Room to Grow Thursday, 23 May 2013 | 12:00 PM ET

    Supplies are at levels not seen since the frenzy of the last housing boom while the median price for a new home hit a record high, further signs that housing is recovering.

  • US New Home Sales Rise; Mortgage Rate Ticks Up Thursday, 23 May 2013 | 10:01 AM ET

    Sales of new homes rose to the second highest level since the summer of 2008 while the median price for a new home hit a record high, further signs that housing is recovering.

  • Jobless Claims Get Better, but Remain at High Level Thursday, 23 May 2013 | 9:36 AM ET
    People looking for work stand in line to apply for a job during a job fair in Miami on May 2.

    Initial claims for unemployment benefits dropped 23,000 to a 340,000, pushing back below the mark that economists normally associate with a firming job market.

  • Not One, But Two Perfect Storms Could Be Brewing Thursday, 23 May 2013 | 9:30 AM ET
    Federal Reserve Chairman, Ben Bernanke and IRS Director of Exempt Organizations

    Have two Pandora's Boxes been opened? Fed Chairman Ben Bernanke's testimony may be one; the IRS scandal may be the other.

  • US Manufacturing Growth Slips to Seven-Month Low Thursday, 23 May 2013 | 9:01 AM ET
    Employees assemble food containers on a production line at the Newell Rubbermaid factory in Mogadore, Ohio.

    U.S. manufacturing activity slowed as weak overseas demand and government belt-tightening at home led to the most sluggish growth rate since October.

  • Assessing Just How Much Bond Investors Lost Thursday, 23 May 2013 | 7:55 AM ET

    As Treasury yields have surged in the month of May, just how much have bond investors lost?

  • Why Housing Won't Drive the Recovery Thursday, 23 May 2013 | 7:21 AM ET

    Housing is good but not great and unlikely to be a leading force in a robust recovery, according to a group that is one of the industry's leading voices.

  • Forget Fed Hawks, Focus on Bernanke: Alan Blinder Wednesday, 22 May 2013 | 10:56 PM ET
    Federal Reserve Board Chairman Ben Bernanke

    Federal Reserve Chairman Ben Bernanke would not risk a premature withdrawl of the stimlus that has underpinned the U.S. economic recovery, former vice chairman of the Fed Alan Binder told CNBC.

  • Fed Mulls Tapering as Soon as June: Minutes Wednesday, 22 May 2013 | 2:00 PM ET

    'A number of participants' on the FOMC this month favored slowing the Fed's efforts to maintain record-low long-term interest rates as early as summer.

  • Homes Selling at Fastest Pace Since Boom Wednesday, 22 May 2013 | 12:14 PM ET

    The sales pace is back to what it was in 2005 and 2006, but the circumstances are of course very different. Now it's about stiff competition for limited supply.

  • US Home Sales at Highest Level in More Than 3 Years Wednesday, 22 May 2013 | 10:11 AM ET

    U.S. home sales rise slightly to 4.97 million in April, their highest level in 3 1/2 years, as inventories jump.

  • Bernanke: Too Soon to Taper Bond Buys Wednesday, 22 May 2013 | 10:01 AM ET
    Federal Reserve Board Chairman Ben Bernanke testifies during a hearing before the Joint Economic Committee May 22, 2013 on Capitol Hill in Washington, DC.

    Fed Chair Ben Bernanke told Congress the U.S. job market remains weak, and it is too soon to end its stimulus. Stocks spiked on his comments.

  • Fed Hawks, Doves Divided Over Improved Labor Market Wednesday, 22 May 2013 | 9:13 AM ET
    Ben Bernanke

    As the Federal Reserve mulls reducing asset purchases, the improved labor market is spurring debate between Fed "hawks" and "doves" over what the right policy decision should be.

  • Rallies End Sometime, but This One May Not End Soon Wednesday, 22 May 2013 | 7:34 AM ET
    Traders work on the floor of the New York Stock Exchange.

    Market rallies have to end sometime for sure, but history suggests the current one, despite its seemingly bloated nature, doesn't have to end soon.

  • Oklahoma Tornado Damage Could Hit $2 Billion: Expert Tuesday, 21 May 2013 | 9:16 AM ET
    Cars are piled up after a devastating tornado hits Moore, Oklahoma are marked with with spray paint after they were searched for victims.

    Rescuers desperately search for survivors in the rubble of flattened communities a day after a 2-mile-wide tornado carved a path of destruction in Oklahoma.

  • It's Back: Shadow Banking Hits Post-Crisis Highs Tuesday, 21 May 2013 | 7:26 AM ET

    What Warren Buffett once called "financial weapons of mass destruction" are firing again, with securitization and shadow banking at post-crisis highs.

  • A 'Great Rotation'? More Like 'Gradual': Goldman Tuesday, 21 May 2013 | 6:48 AM ET

    Calls earlier in the year for a "great rotation" into stocks from fixed income may have been a little premature, but Goldman Sachs' replacement for Jim O'Neill says there will be a "gradual rotation".

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