There's no doubt that the U.S. unemployment rate of 8.5 percent (as of December) is painful for Americans.
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The government reported Friday that the U.S. economy's growth rate picked up speed in the final three months of 2011, expanding at the fastest rate in 1-1/2 years. Msnbc.com would like to hear your thoughts on the economy.
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Stocks turned most lower on Wall Street Thursday, reversing course after banking and technology shares weighed down the market. Wall Street had begun the day higher, but by late morning the tech-heavy Nasdaq had slipped 0.16 percent and the broader S&P 500 was down …
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Sales of new homes dropped in December for the first time in four months, ending a gloomy 2011 for the housing industry and showing how far it has to go to revive fully and begin helping the recovery. The Commerce Department said on Thursday sales decreased 2.2 percent to a seas …
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Wall Street opened modestly higher Thursday after positive data on jobless claims and durable goods orders and after the Fed's announcement that it would likely keep rates at historic lows until at least 2014. The Fed's statement boosted stocks and commodities globally.
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Apple has become one of the mightiest tech giants ever through the sale of innovative products such as the iPad and the iPhone.
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New claims for unemployment benefits rose slightly in the latest week, but remained at levels that point to a slowly improving labor market. The Labor Department reported Thursday that jobless claims rose by 21,000 to a seasonally-adjusted 377,000 in the week ended Jan. 21.
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The Federal Reserve's announcement that it would likely keep interest rates at historic lows until at least 2014 helped lift U.S.
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No more waiting for sales. That's the word from retailer J.C.
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A slew of corporate captains have joined one of the most exclusive clubs in corporate America: Call them the $50 million men. A combination of bonuses, retention packages and other perks pushed several CEOs above the $50 million mark for compensatio …
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Republican presidential candidate Mitt Romney released tax records on Tuesday showing that he paid a rate of about 13.9 percent for his 2010 taxes and expects to pay about 15.4 percent for his 2011 bill from Uncle Sam.
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A better-than-expected jobless claims report, good demand at European bond auctions and less-than-disastrous earnings reports from two major banks helped lift U.S.
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Another set of successful bond auctions in Europe and a decline in applications for unemployment benefits pused U.S. stocks to a higher opening Thursday. The number of people seeking unemployment benefits plummeted last week to 352,000, the fewest since April 2008.
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Another set of successful bond auctions in Europe and a decline in applications for unemployment benefits are pushing U.S. stocks towards a higher opening Thursday. Dow futures are up 38 points to at 12,542.
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New applications for unemployment benefits dropped to near a four-year low in the latest week, government data showed Thursday, providing further evidence that the U.S.
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Stocks appeared to be headed for a higher opening Thursday after Bank of America posted a fourth-quarter profit that reversed a loss in the same period a year earlier.
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During the Republican presidential debate this week, Newt Gingrich shared a story about how his daughter worked as a church janitor when she was only 13. “I was actually proud of my clean bathrooms,” Jackie Gingrich Cushman said in an telephone interview Tuesday …
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U.S. stocks opened narrowly mixed Wednesday with investors struggling to find direction after initial enthusiasm over the International Monetary Fund's plan to bolster lending to struggling euro zone nations flagged. Traders received a mixed bag of data too.
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Employees in Hong Kong’s financial district staged a protest last week because their lunch break of 90 minutes was going to be shortened to only an hour. Here in the United States, lunch hour is unheard of for many U.S.
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Apple hits the target, or the Target, that is. Discount retailer Target confirmed speculation Thursday that iPhone and iPad maker Apple will have displays in 25 of its stores. Target, which is based in Minneapolis, unveiled its "the Shops at Target" concept at a presentatio …
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Weaker-than-expected data on jobs and retails sales let some of the steam out of U.S. stock markets Thursday despite upbeat news on bond auctions in Europe. The S&P 500 held at five-month highs after rising in six of the year's first seven sessions.
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Stocks opened higher on Wall Street Thursday amid optimism that solid bond auctions in Europe meant the continent was wrestling its financial crisis to the mat. Lackluster U.S.
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More Americans applied for unemployment benefits in the latest week as the end of the holiday shopping season meant layoffs for some workers. But 2011 was a record year for retail sales, which rose 7.7 percent, even though the year ended on a weak note. The Labor Department …
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Stock are expected to open higher Thursday after well-received European sovereign debt auctions encouraged investors ahead of job market and retail sales data expected to show the U.S.
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Stocks opened modestly lower Wednesday, a day after the Dow and S&P 500 hit five-month highs, with pressure on the euro testing the recent view that U.S. equities were decoupling from Europe.
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