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  • Beijing loosens grip on rates—will it matter? Monday, 22 Jul 2013 | 12:44 AM ET

    While the scrapping the floor on lending rates reflects the government's determination to push ahead with reforms, economists say the practical impact would be minimal.

  • Detroit can't wait for federal cavalry, Orr says Sunday, 21 Jul 2013 | 4:31 PM ET
    The skyline of Detroit

    Detroit must dig itself out of the hole it created and cannot wait to see if the federal government will come to its rescue, the city's emergency manager said on Sunday.

  • World needs US economy off steroids: OECD’s Gurria Friday, 19 Jul 2013 | 4:44 PM ET
    Angel Gurria

    The secretary general of the Organisation for Economic Co-operation and Development (OECD) told CNBC he is all for the Federal Reserve's move to scale back its $85 billion per month bond buying program.

  • Detroit's 'name is mud' but fallout likely limited Friday, 19 Jul 2013 | 1:06 PM ET
    Detroit street scene

    Detroit has become a pariah of the muni world, but analysts are holding out hope that the nation's largest government bankruptcy isn't contagious.

  • G-20 finance ministers try to avoid market turmoil Friday, 19 Jul 2013 | 12:33 PM ET
    Russia's Anton Siluanov at the G-20 finance ministers' meeting in Moscow.

    The Group of 20 nations, wary of renewed market volatility, is stressing the need to shift policy carefully and communicate clearly as countries try to chart a course to recovery.

  • Tear down chunks of Detroit: Billionaire landowner Friday, 19 Jul 2013 | 10:56 AM ET

    Detroit's bankruptcy will be painful, but one of the city's largest landowners says the answer is to start over with a clean slate.

  • China liberalizes bank lending rates in reform push Friday, 19 Jul 2013 | 10:20 AM ET
    A shopper counts Chinese yuan banknotes as he shops for fruit and vegetables at a market in Shanghai, China.

    China's central bank said that relaxing controls on bank deposit rates is a risky process that needs mature market conditions, so it will be carried out gradually.

  • Watch out! The oil runup is getting hotter Friday, 19 Jul 2013 | 9:56 AM ET

    Crude continues its runup, reaching for $110 in Friday's session. Here's why this trader is still betting on oil.

  • Why the strong dollar isn't good news for earnings Friday, 19 Jul 2013 | 9:19 AM ET

    A stronger U.S. dollar may sound like a good thing, but it's a major headwind for corporate earnings.

  • Detroit bankruptcy could hit millions of retirees Friday, 19 Jul 2013 | 8:01 AM ET
    The city of Detroit has faced serious economic challenges in the past decade, with a shrinking population and tax base while trying to maintain essential services.

    The outcome of the Detroit bankruptcy filing promises to inflict more pain on already-beleaguered city workers, residents, businesses, creditors, and investors.

  • Banks in the crosshairs: 'Tough new reforms' loom Friday, 19 Jul 2013 | 6:00 AM ET

    That shot across the bow you saw fired during the Delivering Alpha conference came from government authorities and was aimed straight at Wall Street.

  • Bernanke: Too early to say when tapering will start Thursday, 18 Jul 2013 | 11:45 AM ET

    Ben Bernanke says the Fed's efforts to boost the U.S. economy remain tied to the job market's health and inflation, delivering what could be his final semiannual economic report to Congress.

  • New orders fuel mid-Atlantic factory surge Thursday, 18 Jul 2013 | 10:01 AM ET

    Factory activity in the mid-Atlantic region expanded in July at its highest pace since March 2011 as employment and shipments picked up.

  • Jobless claims tumble sharply in latest week Thursday, 18 Jul 2013 | 8:39 AM ET

    The number of Americans filing new claims for jobless benefits dropped more than expected last week to its lowest level in four months.

  • Look out! Gas prices are still going higher Wednesday, 17 Jul 2013 | 3:39 PM ET
    Gas prices displayed in Los Angeles on July 16.

    While gasoline could reach a national average of $3.75 per gallon, or even more, analysts do not expect it to top the $3.78 per gallon high for the year that it hit in February.

  • Bernanke gets what he wants: A big yawn Wednesday, 17 Jul 2013 | 2:46 PM ET

    Who would have thought that the market mover would be Mr. Bernanke's written testimony at 8:30 a.m. ET, and that the Q&A would elicit a yawn?

  • Bernanke: Fed to taper but will be flexible Wednesday, 17 Jul 2013 | 12:07 PM ET

    Federal Reserve Chairman Ben Bernanke said the central bank anticipates beginning tapering bond purchases later this year but that policy will remain accommodative and could change depending on the incoming economic data.

  • Housing starts stall, optimism doesn't Wednesday, 17 Jul 2013 | 11:55 AM ET

    Despite an unexpected and substantial fall in new home construction in June, industry analysts appear undeterred in their veritable housing euphoria.

  • Has BoE's Carney got the edge over Bernanke? Wednesday, 17 Jul 2013 | 11:30 AM ET

    Wednesday may have been a big day for the U.S. Federal Reserve, but it was the Bank of England that turned heads on the other side of the Atlantic.

  • Surging rates clip demand for mortgages Wednesday, 17 Jul 2013 | 7:08 AM ET

    Applications for U.S. home mortgages fell last week, driven by a decline in demand for refinancing loans as mortgage interest rates remained at a two-year high.

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