Federal Reserve Chairman Ben Bernanke during his congressional testimony today.
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February 29, 2012 Five years ago on the last day of February, he told Congress the economy's fundamentals were strong. On this last day of February 2012, he predicted that inflation will remain in check.
A sign of the times at a new housing development in Danville, Calif., last year.
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February 24, 2012 But they were still up from a year earlier. And late-2011 estimates have been revised upward. So the news appears to add to signs that the housing sector is stabilizing.
February 23, 2012 Economists thought there might have been a slight increase. Instead, it's another sign of a healthier labor market.
February 22, 2012 The news is being seen as another sign that the housing sector is getting healthier.
February 15, 2012 Former Treasury Secretary Robert Rubin says the U.S. economic outlook is the most "uncertain" he has seen in his lifetime. Given that he was born during the Great Depression and lived through the Cold War, the 1970s' inflation, and a brutal 1980-82 recession, that may be saying a lot.
For sale signs on a foreclosed house in Glendale, Calif., last September.
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February 10, 2012 There's been some skepticism about how much help the $25 billion package will give hard-hit homeowners. HUD Secretary Shaun Donovan says there are other remedies for those who were devastated.
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February 9, 2012 At 358,000, first-time claims for unemployment insurance were the lowest they've been since March 2008. The report is the latest of several recent signs that the labor market is gaining some strength.
February 3, 2012 Private employers added 257,000 jobs to their payrolls, the Bureau of Labor Statistics also says. A slight drop in employment at government agencies brought the overall gain in jobs down to 243,000.
February 2, 2012 First-time applications for unemployment insurance are running at the lowest pace since mid-2008. On Friday, the government will report on the January unemployment rate.
President Obama tours Conveyor Engineering and Manufacturing in Cedar Rapids, Iowa, on Wednesday.
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January 25, 2012 President Obama kicked off a three-day re-election road tour Wednesday, starting out at a manufacturing plant in Iowa. The president is promoting job growth in the manufacturing industry while defending the government's bailout of the auto industry.
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Federal Reserve Chairman Ben Bernanke during his news conference this afternoon.
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January 25, 2012 The central bank also says it likely won't be switching gears and nudging interest rates higher until at least 2014. Fed Chairman Ben Bernanke concedes its longer-term forecasts are "a best guess."
January 19, 2012 First-time claims for unemployment insurance plunged by 50,000 last week from the week before, to 352,000. They're now near a four-year low.
January 18, 2012 That's up from 2010's 3.8 percent rate. Not surprisingly, food and energy products were a major reason for the faster pace. Excluding those groups, wholesale prices of finished goods rose 3 percent last year.
January 12, 2012 The number of people filing first-time claims for unemployment insurance rose to 399,000 from the week before. Some of the increase was because of post-holiday layoffs.
January 11, 2012 The language in the central bank's "beige book" look at the economy has gotten more upbeat. It sees "modest to moderate" growth.
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