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Economy

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  • 'Spring Slump' Unlikely to Become a Stall Wednesday, 24 Apr 2013 | 11:31 AM ET

    If not for the Fed's cheap money, spending cuts likely would be having a larger impact on economic growth, hiring, business spending and consumer sentiment. NBC News.

  • How Big Are Underground Payrolls? Try $2 Trillion Wednesday, 24 Apr 2013 | 9:52 AM ET
    Day laborers wait near a Home Depot home improvement store in hope of finding work for the day in Los Angeles, California.

    Millions of people who can't find a full-time job are taking anything that pays them under the table, and in turn are helping to boost consumption, say analysts.

  • Where the Budget Cut Pain Is Really Being Felt Wednesday, 24 Apr 2013 | 9:18 AM ET
    Federal employees take part in a rally in front of Department of Labor protesting budget cuts.

    Flight delays from air traffic controller furloughs may seem like the start of the predicted doom of sequestration. But many have already felt the pain of mandated budget cuts.

  • Durable Goods Report Delivers More Bad News Wednesday, 24 Apr 2013 | 8:36 AM ET

    Orders for long-lasting manufactured goods recorded their biggest drop in seven months and a gauge of planned business spending rose modestly, adding to signs of a slowdown.

  • Home Buyers Just Loving Those Low Rates Wednesday, 24 Apr 2013 | 7:26 AM ET
    David Nutley, an estate agent, places a "For Sale" advert in the window display board.

    Applications for home mortgages edged up last week as rates fell for the fifth week in a row, data from an industry group showed.

  • States May Push Workers to Obama Health Exchanges Wednesday, 24 Apr 2013 | 5:16 AM ET
    A patient talks with her primary care physician.

    In a move that would capitalize on provisions under President Barack Obama's health care law, Washington state lawmakers have found a creative way to pass a large chunk of their health care expenses along to Washington, D.C.

  • Markets Sink Briefly on Fake AP Terror Tweet Tuesday, 23 Apr 2013 | 8:01 PM ET

    A news agency tweet, that turned out to be fake about explosions at the White House injuring President Obama, sent markets on a round trip roller coaster ride.

  • Apple Earnings Beat, Company Hikes Dividend Tuesday, 23 Apr 2013 | 6:21 PM ET

    Apple shares turned lower in the after-hours after earnings beat and the firm doubled the amount of cash it will return to shareholders. But its outlook fell short.

  • 'Walking Dead'? The Austerity Zombies Fight Back! Tuesday, 23 Apr 2013 | 5:39 PM ET
    Erskine Bowles

    Austerity's intellectual underpinnings have fallen apart, but deficit hawks still claim that debt slows growth.

  • Yum Earnings Beat Forecasts; Stock Jumps Tuesday, 23 Apr 2013 | 4:49 PM ET

    Yum Brands beat on earnings, while revenue was just shy of forecasts. Shares rose after-hours.

  • Oops! Home of the Hamptons Accidentally Defaults Tuesday, 23 Apr 2013 | 3:28 PM ET
    Beach houses on Shinnecock Bay, in the Hamptons, in Suffolk County, NY.

    A regulatory filing on behalf of Suffolk County shows it missed an interest payment on some of its debt, putting the county technically in default.

  • Surprise! Apple's Plunge Has Been Good for Stocks Tuesday, 23 Apr 2013 | 11:43 AM ET
    Tim Cook

    In at least a roundabout way, Apple's precipitous and rapid fall has been the stock market's gain.

  • Want to Boost the Economy? Teach People to Code: CEO Tuesday, 23 Apr 2013 | 11:42 AM ET

    Teaching people how to code could be a catalyst for the economy, said Zac Sims, co-founder and CEO of Codeacademy.

  • Housing Recovery on Track: New Home Sales Rise Tuesday, 23 Apr 2013 | 10:01 AM ET

    Sales of new U.S. single-family homes rose in March, indicating the housing market recovery remains on track.

  • Germany Drags Down Growth in Euro Zone Tuesday, 23 Apr 2013 | 4:02 AM ET

    A sharp drop in German business activity overshadowed an easing downturn in France in April, surveys showed on Tuesday.

  • EU Calls an End to the Era of Austerity Tuesday, 23 Apr 2013 | 1:03 AM ET
    Demonstrators march during a protest against economic austerity measures in Portugal

    Debt levels swelled across the euro zone, but the pressure may be easing as the European Commission signals an end to sharp spending cuts.

  • Uh-Oh, China's PMI Miss Spells Trouble Ahead Monday, 22 Apr 2013 | 11:52 PM ET

    China's weak PMI reading puts the nation's recovery in question as economists recalibrate growth projections lower for the economy.

  • Will China's Bird Flu Put Inflation Hawks at Bay? Monday, 22 Apr 2013 | 11:29 PM ET
    Shanghai commuters wear face masks as the latest H7N9 bird flu virus continues to claim victims.

    An outbreak of bird flu in China and recent images of dead pigs floating in rivers have hit demand for chicken and pork and that's likely to curb inflation in the months ahead, analysts say.

  • Why Gold May Have Hit Bottom, for Now Monday, 22 Apr 2013 | 3:53 PM ET

    Gold may have seen its low price for now, amid signs of consumer and hedge fund interest in the precious metal, analysts say.

  • Flight Delays Pile Up Monday After FAA Budget Cuts Monday, 22 Apr 2013 | 12:17 PM ET
    Canceled flights due to weather are displayed on a departure monitor at San Francisco International Airport on February 8, 2013.

    It was a tough start to the week for many air travelers as federal budget cuts led to cascading delays along the East Coast Monday morning.

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