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IMF says double-dip recession unlikely

The International Monetary Fund said a double dip recession is unlikely, but it expects growth in developed economies to be outpaced by emerging powerhouses.

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Who can magically fix the economy? No one

Let us tell you an ugly truth about the economy, a truth that no one in power or who aspires to power wants to share with you, at least until after the midterm elections are over.

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Who can magically fix the economy? No one - Full version

Let us tell you an ugly truth about the economy, a truth that no one in power or who aspires to power wants to share with you, at least until after the midterm elections are over.

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Mogul brothers offer rich advice in tough times

Michael and Steven Roberts are business moguls navigating the global recession, but they say the lessons they have learned could be applied to any business owner.

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White House focuses on recession's effect on women

President Barack Obama made the case Thursday that his administration's steps to avoid an economic depression and promote small business growth helped women, who now comprise half the U.S. workforce...

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No double-dip recession

Commentary: Lakshman Achuthan and Anirvan Banerji are, respectively, co-founder and chief operating officer and co-founder and chief research officer of ECRI, the Economic Cycle Research Institute. The...

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Top Obama aides defend tax deal as some Democrats fume

President Barack Obama's top aides on Wednesday defended the tax plan hammered out with Republican leaders, saying Democrats are coming around to the reality that the agreement contains plenty of good...

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Size doesn't matter for stocks

2010 has been, to quote Frank Sinatra, a very good year for the markets.

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What bonds are saying about inflation

Like a dripping faucet filling up a sink, yields on U.S. Treasuries have been slowly rising for several months now -- raising concerns that inflation may be on the horizon.

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Are stocks really overvalued?

Many stock market analysts and financial journalists currently point to Professor Robert Shiller's cyclically adjusted price earnings (CAPE) ratio to prove their assertion the stock market is...

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Gas prices: Brace for another surge

Gas prices are up nearly 6 cents this week and analysts say this is just the beginning, as oil prices soar on political strife in North Africa and the Middle East.

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Most Admired Companies: A new world order

Now that the skies are clearing after the worst economic storm in modern history -- far more violent than the experts had predicted -- we face a surprising new roster of winners and losers, as our 2011...

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The World's Most Admired Companies

The worst storm in the history of modern yacht racing was the monster gale that struck the Fastnet race in the summer of 1979. The Fastnet (named after its turnaround point, Ireland's southernmost...

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Job creation rate hit 29-year low during recession

Job creation was much weaker in the Great Recession than in previous downturns -- partly because startups were harder hit this time around. The rate of job creation among all types of firms hit a...

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Income inequality: How to fix it

The hot topic of income equality gets especially emotional now, at tax time, and will get even more so this year, with the latest IRS data showing what happened in the recession.

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Economic slowdown: Blip or start of a dip?

Today's economic password is ... "transitory."

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Industries the jobs recovery forgot

Think of them as the industries the recovery has left behind.

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Where jobs are booming

While the overall job market was crippled by the effects of the Great Recession, some sectors never stopped hiring.

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GDP report: Economic growth still weak

U.S. economic growth remained disappointingly weak the first three months of the year, the government reported Thursday.

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Economy needs private sector boost, Goolsbee says

The private sector must become the driver of a still fragile economic recovery buffeted by high gas prices, the Japanese earthquake and tsunami and other "headwinds" so far this year, President Barack...

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One economist's even bleaker economic view

The struggling U.S. economy is in even worse shape than it appears, and the Obama administration has done little to help, according to influential economist Martin Feldstein.

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Recession risk: Small, but growing

Experts worry that the risk of falling into another recession has increased, according to a CNNMoney economic survey.

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The number that's killing the economy

This is the only number that matters: 350.

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The scariest risks to the economy

U.S. policymakers are racing to reach an agreement before the debt ceiling is breached. But the biggest risks to the U.S. economy are mostly out of their hands.

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European suicides spiked during economic crisis

History shows that the suicide rate tends to rise as the economy falls, but due to a lack of solid data, researchers haven't been able to confirm whether that pattern has held during the most recent...

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Was the recession a good thing?

The Great Recession had many lasting negative effects -- high unemployment, falling home prices, stunted growth -- just to name a few. But the news isn't all bad.

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Debt ceiling fiasco risks double-dip recession

Economists say the debt ceiling debate has already damaged the U.S. economy, and many worry that a deadlock could send the country hurtling into a double-dip recession.

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Recession warnings on the rise

There are growing warnings that the United States could fall into a new recession, even with its debt ceiling crisis finally behind it.

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Odds of a double-dip recession are still high

Cue the collective sigh of relief! A government report showed the job market fared better than expected in July.

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July jobs report: Hiring picks up

The job market strengthened in July, a welcome piece of good news that sharply contrasted other recent data pointing toward an economic slowdown.

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World economic fears prevail

Global investors have lost confidence in the economic recovery -- and for good reason.

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Recession 2.0 would hurt worse

The risk of double dip recession is rising.

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Unemployment claims fall to 4-month low

At a time when the economy seems to be hanging by a thread, the Labor Department reported at least some better news about the job market Thursday.

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Shoppers keep economy rolling

Americans boosted their shopping in July, allaying -- for now -- fears of a consumer slowdown that might stall the economy.

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Anti-baby boom: Why U.S. birth rate keeps falling

Right before the recession hit, the U.S. was undergoing a mini baby boom. Now, birth rates are declining fast.

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Stocks headed for more losses

U.S. stocks were headed for another day of losses Friday, as worries of a global slowdown and Europe's debt crisis sparked a second sell-off in global markets.

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With zero jobs, recession risk just got worse

As if Friday's report that showed job creation at a dead stall wasn't bad enough, economists say the worst could be yet to come.

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10-year Treasury yield near record low

Investors flocked to the safety of Treasuries Friday after the government released a dismal report about the U.S. job market, heightening worries about another recession.

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Europe recession risk grows

There are growing fears that a European country could default on its debt and spark a crisis in the global financial system. But even if authorities can stave off a default, Europe could still be...

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Global economy alarm bells ring

The recession alarm bells were ringing across the globe Thursday, spooking investors and economists alike.

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Forecast says double-dip recession is imminent

The U.S. economy is staring down another recession, according to a forecast from the Economic Cycle Research Institute.

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Cummins chief: U.S. and Europe 'may be in recession'

The US and much of Europe may already be in recession while demand is dropping sharply in emerging markets, the head of one of the US's biggest manufacturers has warned.

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European Central Bank cuts rates

The European Central Bank cut interest rates for the first time in two years Thursday, reversing a direction set earlier this year, as the new head of the monetary authority said Europe is heading into...

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Eurozone teeters on edge of recession

European economic growth was once again virtually nonexistent in the third quarter, further raising the risk that the continent could soon fall into a new recession.

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More than 1 in 5 Americans are economically insecure

More than one in five Americans saw at least a quarter of their available household income vanish each year during the Great Recession, and they lacked a sufficient financial cushion, according to a...

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Are we the next Japan?

There's no shortage of debate as to whether the Obama administration and Congress have done the right things in attempting to avert a debt crisis and revive the stalled economy.

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British economy shrinks, but not into recession

The British economy shrank by an estimated 0.2% in the last quarter of 2011, the Office of National Statistics announced Wednesday, but the country is not yet in recession because growth was positive...

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Euro economy shrinks, is recession next?

The eurozone economy shrank in the fourth quarter of 2011, but pockets of strength from France and Germany offset some of the contraction.

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Europe: Out of ICU but still ill

Douglas J. Elliott, who worked as an investment banker for two decades, is a fellow at the Brookings Institution.

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A new recession seems inevitable

While most economists have stopped worrying that the U.S. will fall into a double-dip recession, one influential economist maintains his position that the nation won't be able to avoid a new downturn.

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