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  • Detroit. Michigan

    Detroit Mayor Dave Bing, delivers speech on Wednesday to avoid losing much of his authority to a state takeover of the city's financial affairs.

  • Obama to Republicans: Can We Just Move On? Wednesday, 13 Feb 2013 | 3:17 AM ET
    President Barack Obama gives the State of the Union address on February 12, 2013.

    President Barack Obama tried to push past the fiscal battles that plagued his first term, as he laid out an agenda he hopes will shape his legacy.

  • Charles Plosser, President and CEO of the Federal Reserve Bank of Philadelphia

    The Federal Reserve should be more explicit about the likely future path of interest rates, a top Fed official said on Tuesday, saying that while the central bank's recent changes to guidance on interest rates are a step in the right direction they do not go far enough.

  • What's Lew's to Do at Treasury? Tuesday, 12 Feb 2013 | 1:37 PM ET
    Jacob Lew

    Bridge disputes in Congress on taxes and spending. Shrink budget deficits. Manage tense economic ties with China. Press Europe to reduce debts while fighting a recession. Defend the U.S. financial overhaul law. Prevent a global currency war. And those are just the obvious challenges.

  • Small Business Confidence Barely Budged in January Tuesday, 12 Feb 2013 | 7:32 AM ET

    Small-business owners' confidence was virtually flat in January, as entrepreneurs failed to recoup losses sparked by December's scare about the so-called "fiscal cliff," according to the NFIB.

  • Obama's Big Chance to Sway Public on Deficit Tuesday, 12 Feb 2013 | 6:43 AM ET
    President Barack Obama addresses immigration reform on Jan. 29. 2013 in Las Vegas, Nevada.

    President Obama's State of the Union Address represents his largest opportunity to sway the public and Congress behind his goal for "balanced" deficit reduction, according to his longtime strategist David Axelrod.

  • New Orleans' Mardi Gras Packs Festive Punch Tuesday, 12 Feb 2013 | 1:36 AM ET

    Revelers in New Orleans will celebrate Mardi Gras with parades, giant floats and parties that are expected to attract about a million people to the city and its historic French Quarter and generate an estimated $300 million.

  • Barack Obama

    President Obama is likely to give a nod to the fitful economic recovery in his State of the Union speech with Apple CEO Tim Cook in attendance. But analysts don't expect major statements on contentious issues like taxes and the budget.

  • Immigration Reform: Good or Bad for the Economy? Monday, 11 Feb 2013 | 3:01 PM ET

    Legalize or not is the hotly debated question in Washington holding the fate of 11 million undocumented immigrants on a tight rope.

  • Hedge Funds Take Big Bets on Argentine Debt Monday, 11 Feb 2013 | 12:53 PM ET
    The ARA Libertad

    Hedge funds are actively trading in Argentina's choppy markets ahead of its legal showdown with rebel sovereign bondholders later this month.

  • Economic Forecast: More Jobs, Faster Growth This Year Monday, 11 Feb 2013 | 10:23 AM ET

    Economic and job-creation will start to purr later this year as business activity picks up — more than offsetting federal government cutbacks, predict economists surveyed by USA Today.

  • 'Nemo' Will Take a Bite Out of February Retail Friday, 8 Feb 2013 | 11:45 AM ET

    The convergence of increasingly accurate weather forecasts and the explosion of the social media channel is super-charging the effect of Winter Storm "Nemo" on the Northeast's economy.

  • EU Leaders Strike Deal on Long Term Budget Friday, 8 Feb 2013 | 11:07 AM ET

    European Union leaders reached agreement on the first ever cut in their common budget on Friday after 24 hours of talks, seeking to placate millions at home struggling through government cutbacks and recession.

  • US Wholesale Inventories Fall 0.1%, Miss Forecast Friday, 8 Feb 2013 | 10:01 AM ET

    U.S. wholesale inventories unexpectedly fell in December as auto dealers and agricultural suppliers drew down their stocks, a negative signal for economic growth.

  • Trade Gap Plunges; Growth Better Than Estimates? Friday, 8 Feb 2013 | 9:44 AM ET

    The U.S. trade deficit shrank in December to its narrowest in nearly three years, suggesting the economy did much better in the fourth quarter than initially estimated.

  • Long Term Unemployment May Not Be the New Normal Friday, 8 Feb 2013 | 8:22 AM ET

    Some economists say there are signs it could ease in the next few years as the economy improves, raising hopes for the millions of Americans who have spent months or even years looking for work.

  • At street level, the pain from the expiration of a break in Social Security taxes in 2011 and 2012 is evident.

  • Eastwood: If DC Doesn't 'Give a Damn,' How Can We? Friday, 8 Feb 2013 | 7:26 AM ET
    Clint Eastwood RNC Speech

    "It's almost like they don't give a damn," Hollywood legend and Republican supporter Clint Eastwood told CNBC, referring to the gridlock in Washington.

  • The Revival of Subprime: Will This End Badly? Friday, 8 Feb 2013 | 6:28 AM ET

    The subprime market for risky mortgage-backed securities is hot again and the chief market strategist at Rosenblatt Securities said, it will end badly.

  • Americans Brace for the Pain of Austerity Thursday, 7 Feb 2013 | 9:44 PM ET

    From long delays at the nation's airports to huge potential layoffs of government workers, Americans may soon feel the pinch of austerity. The Financial Times reports.

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