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Wednesday, May 22, 2013

The Two-Way

Bernanke Hints That The Economy Still Needs Help

Federal Reserve Chairman Ben Bernanke during his Capitol Hill testimony Wednesday before the Joint Economic Committee.

May 22, 2013 The Fed chairman cautioned Wednesday that if interest rates were to start rising now, the economy could slump. Meanwhile, the National Association of Realtors said sales of existing homes rose — and would have been even stronger if not for tight inventory.

Summary

Thursday, May 16, 2013

The Two-Way

Conflicting Signals From Latest Economic Indicators

May 16, 2013 The good news: Inflation remains in check. The bad news: Jobless claims are up, and housing starts are down.

Summary

Friday, May 03, 2013

The Two-Way

165,000 Jobs Added In April, Jobless Rate Fell To 7.5 Percent

Waiting for work: Job seekers lined up last month at the 25th Annual CUNY big Apple Job and Internship Fair in Manhattan.

May 3, 2013 The eagerly anticipated news was better than expected. And the Bureau of Labor Statistics revised upward its estimates of job growth in February and March.

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The Two-Way

Plodding Along Or Picking Up Speed? News On Job Growth Due

Looking for work: The scene at a job fair in New York City earlier this year. Figures on job growth and unemployment in April are due Friday morning.

May 3, 2013 April job growth and unemployment figures are coming Friday morning. Economists expect to hear that employers added about 150,000 jobs to their payrolls and that the jobless rate stayed at 7.6 percent. But they worry about another negative surprise.

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Thursday, May 02, 2013

The Two-Way

Weekly Jobless Claims Drop Again, Stay Near 5-Year Low

May 2, 2013 There were 324,000 first-time claims for unemployment insurance last week, down 18,000 from the previous week's 342,000. Numbers on April's unemployment rate and job growth are due to be released Friday.

Summary

Wednesday, May 01, 2013

The Two-Way

Slow Growth In April: Survey Shows 119,000 Jobs Added

In Denver last month, a recruiter (right) talked with a job seeker at a health care career fair. There was job growth in April, according to a new survey, but the pace was modest.

May 1, 2013 Federal spending cuts and tax increases have started to bite, according to the latest ADP National Employment Report. On Friday, the Bureau of Labor Statistics will weigh in with its figures on unemployment and job growth in April.

Summary

Friday, April 26, 2013

The Two-Way

Economy Picked Up In First Quarter: Grew At 2.5 Percent Pace

Shoppers came out in the first quarter, pushing up economic growth.

April 26, 2013 Growth was a bit weaker than economists expected, but was well above fourth-quarter 2012's weak 0.4 percent increase. The first-quarter figure is likely to be revised in coming months, perhaps closer to the 3.2 percent growth economists were expecting.

Summary

Thursday, April 25, 2013

The Two-Way

Weekly Jobless Claims Dip To Near Five-Year Low

Will there soon be more signs like this? A "now hiring" advertisement in San Francisco last year.

April 25, 2013 While the news is a positive sign, employers still seem to be reluctant to add many new jobs to their payrolls.

Summary

Tuesday, April 23, 2013

The Two-Way

Sales Of New Homes Rose Last Month

A new home under construction earlier this year in Petaluma, Calif.

April 23, 2013 The housing sector continues to be a bright spot for the economy. Home construction had its strongest quarter since 2008.

Summary

Monday, April 22, 2013

The Two-Way

Sales Of Existing Homes Slip As Inventories Tighten

A sale-pending sign is posted in front of a home last month in San Anselmo, Calif.

April 22, 2013 The housing sector has been one of the economy's bright spots, and economists expect that to continue. But they also say that until new-home construction catches up, the supply of homes for sale will remain tight.

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Thursday, April 18, 2013

The Two-Way

Jobless Claims Rose Slightly Last Week

The scene at a job fair in Manhattan last month.

April 18, 2013 There were 352,000 first-time claims for unemployment insurance, up by 4,000 from the week before. The early analysis: It's a sign that the labor market's recovery, while slow, is continuing.

Summary

Tuesday, April 16, 2013

The Two-Way

IMF Lowers 2013 Economic Growth Forecasts

The IMF says economic woes in places like Cyprus will tamp down global growth.

April 16, 2013 The International Monetary Fund has lowered its projections for global economic growth, including in the United States, citing sharp cuts in government spending and the struggling eurozone.

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The Two-Way

Housing Starts Surged In March; Pace Is Fastest In 5 Years

A home under construction in Provo, Utah, earlier this year.

April 16, 2013 The news is another sign that the housing sector's recovery continues. Also Tuesday, there was word that consumer prices fell 0.2 percent in March. The decline was led by a 4.4 percent plunge in gas prices.

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Friday, April 12, 2013

The Two-Way

Wholesale Prices Plunge, But So Do Retail Sales

April 12, 2013 The good news: Inflation remains in check. The bad news: Consumers were less willing to spend last month.

Summary

Thursday, April 11, 2013

The Two-Way

Why Does Anyone Care About Minutes Of Weeks-Old Fed Meetings?

The Federal Reserve's headquarters in Washington, D.C. What goes on inside there is of intense interest to investors.

April 11, 2013 The central bank made a mistake. It sent minutes from its most recent policy meeting to a small group of influential institutions, including some major banks, a day earlier than scheduled. But the minutes are always weeks old. Why are they important? Because they contain clues to the Fed's thinking.

Summary

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