US Economy

Economic spring thaw

As we know, the economy has a hard time gaining steam if its engines aren’t firing on all cylinders. And a key engine, naturally, is the labor market. Just this week, Federal Reserve chair Janet Yellen said the recovery in the labor market has been exceptionally slow. But despite that, many are encouraged that the …

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Jake Carter is a 34-year-old farmer with 330 acres in McDonough, Ga. He grows fruits and vegetables and is the fifth generation of his family to work the land. “Farming was something instilled in me at an early age,” said Carter, who lives on the farm with his wife and two young daughters. “I didn’t …

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The rate at which Americans are starting new businesses declined last year to prerecession levels, according to annual figures released Wednesday. The findings from the Kauffman Foundation, which studies entrepreneurship, suggest more individuals are landing jobs and not opting to start businesses out of necessity—a group referred to as necessity entrepreneurs. The business-creation rate declined to 0.28 …

Source | NBC News
Allicyn Willix plays with her daughter, Parker, at their home in Bonnerdale, Ark., last year. Willix, who also has a son, has been a stay-at-home mom since her second child was born.

More moms are staying at home with their kids full time, and those moms tend to be younger, less educated and more likely to be poor than women who work outside the home, new research finds. That picture of stay-at-home motherhood may be at odds with a stereotype many Americans have of wealthier, more educated …

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March’s jobs report was a just-right brew for stocks, strong enough to show an improved hiring picture but soft enough to keep the Fed from moving quicker to reduce monetary stimulus. Nonfarm payrolls for March totaled 192,000, slightly below 200,000 forecast, and the unemployment rate was 6.7 percent, above the expected 6.6 percent. However, revisions …

Class identity crisis

Despite a recent string of strong economic data and the major stock indexes near record-highs, a recent study suggests more and more people don’t consider themselves middle class and feel their version of the American dream is moving increasingly out of reach.

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The U.S. economy created nearly 200,000 new private-sector jobs last month, a closely watched economic indicator reported on Wednesday, feeding hopes about the economic recovery and a thaw in labor markets. The ADP National Employment report said total private payrolls jumped by 191,000 in March, but sharply revised upward February’s figure, to 178,000 from 139,000. …

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New reports show the economy is bouncing back. Will that translate into a strong employment report on Friday?

Stocks end higher as Yellen vows to support economy, but log lackluster Q1

Stocks wrapped up the session on a high note, with the Dow logging triple-digit gains, after Federal Reserve Chair Janet Yellen said there’s still room for the central bank to help the economy. But major index ended relatively flat for the first quarter of 2014. “This week, we’ll see a bit of bargain hunting, especially …

The end of a volatile week

A volatile Friday to wrap up a volatile week on Wall Street. Stocks soared high early in the session, before ending the session with only modest gains. Good economic data helped. Personal income and personal spending both rose 0.3% in February. Despite all that cold and snowy weather at the start of the month. On …

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What’s working, what’s not and which important investing trends have emerged as the calendar quickly approaches the end of the quarter.

All American Survey: Economy slightly improving

Even with though the markets are still near historic highs and home prices are higher, the outlook on the economy for many Americans is still not close to where it was before the financial crisis. Steve Liesman takes a look at a new survey that shows how many of us are feeling about the economy right now.

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Despite two quarters of strong growth ending 2013, Americans’ views on the economy remain depressed with only the slightest improvement compared to a year ago, according to the CNBC All-America Economic Survey. More than 80 percent view the economy as just fair or poor, almost unchanged from the fourth-quarter survey. While that represents an improvement …

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If you’ve been out of work for a long time, you know how tough it is to get rehired. A new study by three Princeton economists offers a discouraging look at just how hard it is. The sobering news: Only about 1 in 10 of the long-term unemployed—those out of work for six months or …

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When rates rise – and they will at some point – what does that mean for your investments, the housing market and savers?