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  • Ford Cleveland Engine Plant

    Ford is pumping $200 million and adding 450 workers to its Cleveland Engine Plant as it moves to meet growing demand for more fuel efficient models.

  • Existing Home Sales Tick Up; Philly Fed Drops Thursday, 21 Feb 2013 | 10:01 AM ET
    A construction worker uses a hammer at a new housing development in San Mateo, California.

    U.S. home resales edged higher in January and left the supply of homes at its lowest level in 13 years, a sign that steam is gathering in the U.S. housing market.

  • Jobless Claims Move Up; Inflation Pressure Builds Thursday, 21 Feb 2013 | 10:01 AM ET

    Weekly jobless claims moved up while rising prices pointed to some inflation pressure, economic reports showed Thursday.

  • US Manufacturing to Take Off on Cheap Energy: Pickens Thursday, 21 Feb 2013 | 9:37 AM ET
    Boone Pickens, Chairman, BP Capital Management

    Manufacturing in the U.S. could take off on "the cheapest energy in the world," BP Capital Founder T. Boone Pickens told CNBC.

  • Euro Zone Recovery Hopes Dealt a Blow in February: PMIs Thursday, 21 Feb 2013 | 4:19 AM ET

    Hopes the euro zone might emerge from recession soon were dealt a blow on Thursday, as surveys showed the downturn in the region's businesses worsened unexpectedly this month - especially in France.

  • NJ's Revel Casinos Heads to Bankruptcy Court Wednesday, 20 Feb 2013 | 12:51 PM ET

    Less than a year after opening, Atlantic City's newest casino and resort, Revel, has found itself headed to bankruptcy court.

  • How Sequestration Cuts May Pummel Housing Wednesday, 20 Feb 2013 | 10:04 AM ET
    A $50.7 billion Superstorm Sandy aid package was voted through the House of Representatives recently. The funding would be spent on New York and New Jersey transit systems and for the Federal Emergency Management Agency's disaster relief fund.

    Massive government budget cuts set to go into effect March 1 would be, "deeply destructive" to all aspects of the housing market, US Secretary of Housing and Urban Development Shaun Donovan told a Senate panel last week. Here's why.

  • Housing Starts Off, but Permits Grow; PPI Tame Wednesday, 20 Feb 2013 | 9:41 AM ET

    Groundbreaking to build new homes fell in January but new permits for construction rose to a 4 1/2-year high, reinforcing expectations the housing market will support economic growth. An inflation indicator, meanwhile, remained tame.

  • US CEO Blasts 'Three Hours a Day' French Workers Wednesday, 20 Feb 2013 | 8:44 AM ET

    The head of U.S. tire maker Titan launched a vitriolic attack on French productivity after the country’s government suggested he buy a factory in the north of France.

  • Mortgage Applications Fell Last Week as Rates Rose Wednesday, 20 Feb 2013 | 7:12 AM ET

    Applications for U.S. home mortgages fell for a second straight week as both refinancing and loan requests for new mortgages eased last week, an industry group said on Wednesday.

  • Obama’s Dire Forecast on Cuts May Not Be So Grim Wednesday, 20 Feb 2013 | 6:37 AM ET

    President Obama painted a picture of immediate devastation from spending cuts set to take effect March 1, but other officials anticipate more gradual reductions, the New York Times.

  • Obama Warns Sequester Will Cause Job Losses Tuesday, 19 Feb 2013 | 12:45 PM ET
    President Barack Obama

    President Barack Obama is calling on Republicans to back a Democrat plan that would offset the sequester, warning that otherwise "people will lose their jobs."

  • Boomers' Credit-Card Profile Resembles Gen Y's Tuesday, 19 Feb 2013 | 10:46 AM ET

    Low- and middle-income households of Americans over 50 have an average balance of $8,278, more typical of young parents or college students.

  • As Economy Recovers, Tough Times for 'Repo Men' Tuesday, 19 Feb 2013 | 10:05 AM ET
    Personal items left in repossessed vehicles await collection by their owners.

    With the economy edging upwards, more car buyers are keeping up with their auto payments or coming up with the cash if the repo man appears. And that's more bad news for mom-and-pops that rely on repo work.

  • Home Builders Get Jitters for First Time in a Year Tuesday, 19 Feb 2013 | 10:00 AM ET
    Workers build a house at Davidson Communities LLC's Arista at The Crosby development in Rancho Santa Fe, California, U.S.

    After showing steady and healthy gains through much of last year, home builder sentiment took a step backward in February.

  • 'Go Big or Go Home' on Spending Cuts: Simpson Tuesday, 19 Feb 2013 | 8:38 AM ET
    Alan Simpson (l.) and Erskine Bowles

    Erskine Bowles and Alan Simpson proposed a new tax plan in hopes of finding a middle ground between Democrats and Republicans on deficit reduction.

  • Langone: Obama's Debt Fix Is ‘Generational Theft’ Tuesday, 19 Feb 2013 | 8:08 AM ET
    President Barack Obama

    The nation's debt as a percentage of the economy is going to cause a fiscal storm, Home Depot founder Kenneth Langone told CNBC.

  • President Barack Obama will make a fresh push to force Republicans to make concessions that will head off budget cuts that appear to kick in starting on March 1.

  • Traders Are Watching to See If the Consumer Stumbles Monday, 18 Feb 2013 | 6:12 PM ET

    After that Wal-Mart email leaked, traders will be watching to see if the payroll-tax increase trips up the consumer. Plus, a trio of housing reports and Fed minutes.

  • Why 8% Unemployment, or More, Could Lie Ahead Monday, 18 Feb 2013 | 6:17 AM ET
    The unemployed look for job opportunities at the South Florida Workforce center in Miami, Florida.

    Severe fiscal tightening in the U.S. will lead to no growth or a contraction in the first two quarters of 2013 and will push unemployment over the 8 percent level, according to Lombard Street Research.

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