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Economy

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Feb 05

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Jobless Rate Drops, but Fuller Recovery Still Appears Distant

The economy shed 20,000 jobs in January, but there were new hopes of economic growth as the nation's unemployment rate ticked down to 9.7 percent. Jim Lehrer speaks with a pair of experts about the latest numbers, as well as…

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Feb 04

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Stand-up Economist Finds the Light Side of a ‘Dismal Science’

Economics isn't exactly a side-splitting discipline, but at a recent economics convention in Atlanta, self-proclaimed "stand-up economist" Yoram Bauman showed it's possible to infuse the sober science with monetary mirth.

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Feb 03

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Obama Jobs Push Focusing on Small Business

President Obama is looking to cut the nation's unemployment rate by offering more aid for small business, but a plan to borrow from TARP has some lawmakers balking.

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Feb 02

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Tuesday’s Headlines: Budget Hearings; ‘Don’t Ask, Don’t Tell’ Repeal Underway

By Tom LeGro

One day after the Obama administration released its $3.8 trillion budget plan, Treasury Secretary Timothy Geithner and the president's budget director, Peter Orszag, are set to explain it Tuesday before congressional committees. Also on Capitol Hill, Defense Secretary Robert Gates…

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Feb 02

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Are Big Banks Good for the Economy?

The Obama administration is trying to rein in big banks, but Robert Kelly, chief executive officer of Bank of New York, says that's a big mistake.

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Feb 01

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Monday’s Headlines: Obama to Submit $3.83 Trillion Budget

By Tom LeGro

President Barack Obama plans to send Congress a $3.83 trillion budget that calls for more money to fight high unemployment and cuts in spending for government programs to reduce a projected record deficit this year. President Obama's plan would raise…

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Jan 29

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U.S. Economy Expands at Fastest Rate in Six Years

A better-than-expected GDP report Friday indicated that the U.S. economy grew at 5.7 percent in the quarter October through December 2009, the largest increase since the third quarter of 2003. The report, which is a broad measure of…

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Jan 29

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News Wrap: Economy’s Growth Surprises, But Jobs Still Lag

In other news, the U.S. economy grew by 5.7 percent in the fourth quarter, more than expected, and Toyota outlined steps it is taking to help end an unprecedented recall.

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Jan 29

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With Businesses Destroyed, Haiti’s Capital a ‘Cashless City’

The realities of the Port-au-Prince economy have become brutally simple. With most businesses now gone, banks still closed, and thousands jobless, the city is virtually cashless. Ray Suarez reports from Haiti.

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Jan 29

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Obama, GOP Confront Political Differences in Rare Debate

President Barack Obama and Congressional Republicans sparred over a range of policy issues Friday in a lively -- and rare -- no-holds-barred debate session. After a report on the exchange, Judy Woodruff talks to Rep. Jeb Hensarling, R-Texas, about the…

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