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  • U.S. Treasury building

    The Federal Reserve sent a record $88.4 billion in profits to the U.S. Treasury last year, audited results showed on Friday.

  • Maybe March Madness Is GOOD for Productivity Friday, 15 Mar 2013 | 1:16 PM ET
    Anthony Davis

    The NCAA basketball tournament has a reputation for sucking the productivity out of offices everywhere. But a new report calls the conventional wisdom into question.

  • Ryan Plan May Give Top Earners $400,000 Tax Cut Friday, 15 Mar 2013 | 12:47 PM ET
    Paul Ryan

    Paul Ryan's proposed budget would cut taxes for just about everyone, with the top earners getting the biggest tax cuts.

  • Consumer Prices Gassed Up but Inflation in Check Friday, 15 Mar 2013 | 10:03 AM ET

    Consumer prices recorded their largest increase in nearly four years as the cost of gasoline surged, but showed no sign of a pickup in inflation to trouble the Fed.

  • US Consumer Sentiment Plummets in March Friday, 15 Mar 2013 | 9:56 AM ET

    US consumer sentiment tumbled to its lowest since December 2011 in March as fewer Americans expected to see improvements in growth or the labor market.

  • U.S. industrial production rose more than expected in February on a rebound in manufacturing, showing the economy continues to gain momentum in 2013.

  • Why the US Could Face Another Brush With Default Friday, 15 Mar 2013 | 8:03 AM ET

    With the Dow Jones reaching an all-time high and the S&P 500 not far behind, markets have shrugged off the disappointment of the sequester. But Alastair Newton, senior political analyst at Nomura says that far bigger hurdles lie ahead that could potentially give the U.S. another "brush with default".

  • Crisis-Hit EU States Get Wiggle Room on Deficits Friday, 15 Mar 2013 | 4:13 AM ET

    European leaders meeting in Brussels on Thursday hinted that some countries could be given more time to meet their deficit goals as they address high unemployment and seek to ease the pain of tough austerity measures.

  • US Budget Talks Point to Small Deficit-Cut Deal Thursday, 14 Mar 2013 | 8:37 PM ET

    As divisions over major reductions in federal budget deficits solidify, President Obama and members of Congress have begun weighing limited steps that might be brokered in a bipartisan deal.

  • When Will the US Energy Boom Help at the Pump? Thursday, 14 Mar 2013 | 2:39 PM ET

    Unfortunately for many consumers, the price savings from the growing U.S. energy boom have yet to materialize in the place it could have the most impact: the gas pump.

  • Jobless Claims Slip While Producers Paying More Thursday, 14 Mar 2013 | 9:42 AM ET

    The number of Americans filing new claims for unemployment benefits fell last week, while producer prices rose by the most in 5 months as gas prices spiked.

  • Hoyer's Remorse: We Should Have Cliff-Dived Thursday, 14 Mar 2013 | 9:41 AM ET
    Rep. Steny Hoyer

    Democrats made a mistake by not going over the "fiscal cliff" because a "grand bargain" would have been easier to achieve, House Minority Whip Steny Hoyer told CNBC.

  • Foreclosure Hot Spots Continue to Plague Market Thursday, 14 Mar 2013 | 6:33 AM ET

    More U.S. homeowners were hit with new foreclosure filings in February, pointing to the challenges the market still faces even as the housing recovery gains traction, RealtyTrac reported Thursday.

  • Germany Unveils Spending Cuts on Eve of EU Summit Thursday, 14 Mar 2013 | 1:35 AM ET
    German Chancellor Angela Merkel,  walks past flags of the European Union and Germany.

    Germany has ignored calls from its euro zone partners for more economic stimulus by tabling plans to cut spending and balance its budget ahead of schedule on the eve of an EU summit dedicated to growth. The Financial Times reports.

  • Obama: Political Gap May Be 'Just Too Wide' for Deal Wednesday, 13 Mar 2013 | 12:11 PM ET
    President Obama arrives Tuesday at the Capitol to meet with the Senate Democratic Caucus.

    President Obama is warning that it may be impossible to reach a deal with Republicans on trimming the budget deficit.

  • Business Inventories Rise Suggest Better Growth Wednesday, 13 Mar 2013 | 10:01 AM ET

    U.S. business inventories rose by the most in more than 1-1/2 years in January as sales fell, suggesting restocking of warehouses will boost economic growth this quarter.

  • Consumers Still Strong, Just Keep on Spending Wednesday, 13 Mar 2013 | 9:53 AM ET

    Retail sales rose more than expected in February as Americans bought motor vehicles and a range of other goods even as they paid more for gasoline.

  • Consumer Health Suggests Better GDP, Say Analysts Wednesday, 13 Mar 2013 | 9:22 AM ET

    Despite economic headwinds and uncertainty in Washington, US consumers are rocketing ahead, leading analysts to revisit their GDP forecasts for the first quarter.

  • US Mortgage Applications Fall as Rates Spiked: MBA Wednesday, 13 Mar 2013 | 7:21 AM ET

    Mortgage rates spiked last week, sapping demand for home loans on the heels of a sharp rebound in applications the previous week, data from an industry group showed on Wednesday.

  • Senate Democrats' Budget Seeks $1.85 Trillion Savings Wednesday, 13 Mar 2013 | 5:37 AM ET
    U.S. Capitol Building in Washington, D.C.

    Democrats will unveil a budget blueprint that will slice the deficit by $1.85 trillion through spending cuts and tax increases.

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