Economy
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It's the Economy, Silly
Aug 14, 2004
It's been a weird summer road trip for the economy. Corporate earnings were up, jobs were coming back, and even the beleaguered manufacturing sector was gaining some steam. And then... consumers started spending less. Job creation slacked off. These economic detours have left some people wondering what's going on. Amy Scott went in search for answers.
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Factoid: The Small Business Engine
Aug 7, 2004
The small business engine of the U.S. economy...
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Stock Market
Jul 31, 2004
The economy started to rebound around March of last year. Corporate earnings are surging. So, how come the stock market is so out of sync? Reporter Marty Goldensohn explains.
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Buzzword: The Humphrey-Hawkins Address
Jul 24, 2004
Life is hard enough without having to decipher everything. Each week, Sound Money will bring you a word or a phrase that has bubbled to the top of the news. For instance: "The Humphrey-Hawkins Address." You hear it, you see it, but do you really know it?
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Foreclosures
Jul 17, 2004
Folks can make a tidy profit off "fix and flip" real estate deals -- buying a cheap foreclosed home, renovating it, then selling it quick. But beware: it's not as risk-free or simple as those late-night infomercials would have you believe.
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"Straight Story": Doing the math on interest rates
Jul 10, 2004
It's time once again for our economics editor Chris Farrell is to help you sort out what's smart, what's stupid and what's the Straight Story. Interest rates went up. Mortgage rates are down. What's the deal? Chris explains.
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Understanding inflation
Jul 10, 2004
Let's talk about inflation. A lot of analysts say one of the reasons the Federal Reserve recently raised the short-term interest rates was to help keep inflation at bay. Inflation does have a bad reputation. But if those credit card bills keep piling up, you might want to reconsider your attitude toward it. Matthew Algeo reports.
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A step forward... a step back... assessing the economy
Jul 3, 2004
The Federal Reserve Board raised interest rates. Gas prices are on the decline. And what about the unemployment rate? Kai takes the pulse of the economy. He interviews Chris Low, an economist with First Tennessee Bank.
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This mortgage wants you
Jul 3, 2004
Fed Chairman Alan Greenspan did exactly what we all expected last week. He and his colleagues on the Federal Open Market Committee raised short-term rates by a quarter of a percentage point. Most analysts say home loans will be getting more expensive, so what mortgage is right for you? Jeff Tyler has the story.
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Insider Fed?
Jun 27, 2004
The Federal Reserve Board meets next week and everyone knows interest rates are going up. So why is there anticipation over a done deal? Kai asks Mickey Levy, the chief economist at Bank of America, to dissect the relevance of the Fed.
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