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Yellen’s Confirmation: Doves Rule the Roost at the Federal Reserve
Image Source: Global X / Flickr The U.S. Senate voted 56-26 on Monday to confirm Janet Yellen as the next chair of the Federal Reserve. Yellen will assume office as the 15th chair of the central bank...
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Trade Data: Looking for Inflation? You Won’t Find It Here
Source: http://www.flickr.com/photos/epsos/ Global price pressures remained weak in December, according to trade data released by the Bureau of Labor Statistics on Thursday. The data continue a trend...
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3 Easy Ways To Make Credit Card Debt History
Image Source: www.TaxFix.co.uk It’s easy to throw financial reasoning out the window when there’s a credit card burning a hole in your wallet — and if you’re like most Americans, you have one. In fact,...
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Cold Weather Claims Another Victim: Fourth-Quarter GDP
Source: http://www.flickr.com/photos/robotclaw/ The United States economy expanded at a much slower annual rate in the final months of last year than initially estimated. The downwardly revised...
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Fourth Quarter GDP Revision Shows U.S. Economy Continues Sub-Par Recovery
Source: http://www.flickr.com/photos/robotclaw/ The United States economy expanded at a much slower annual rate in the final months of last year than initially estimated. In January, the Department of...
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Here’s Why Economists Expect Best GDP Growth Since Recession This Year
Wages have not appreciably increased since the Great Recession; consumer spending is still low compared to average spending patterns in the years leading up to the financial crisis. But in order for...
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What Recovery? GDP Barely Grew Last Quarter
Source: Thinkstock First-quarter gross domestic product growth — or lack there of — will shine a new light on the state of the United States’ economic recovery. “Here’s why I’m not so worried about Q1...
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3 Charts Explaining the Health of the U.S. Economy
Initial applications for unemployment benefits unexpectedly climbed to nine-week high of 344,000 in the week ended April 26 — a concerning sign for an economy expecting headline employment numbers to...
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3 Economic Indicators You Should Really Pay Attention To
Source: http://www.flickr.com/photos/theclevelandkid24/ On Wednesday, the Bureau of Economic Analysis let us know that the economic pain experienced in the first quarter was deeper than originally...
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Does the U.S. Economy Still Have a Demand Problem?
Source: Thinkstock It the wake of the financial crisis, it became clear that weak demand, on the part of both businesses and consumers, was at the heart of the slow economy recovery. The evidence was...
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