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US household wealth regains pre-recession peak

It took 5½ years. Surging stock prices and steady home-price increases have finally allowed Americans to regain the $16 trillion in wealth they lost to the Great Recession.


U.S. families' debt loads decline to pre-recession levels

Consumer Debt

After a long period of consumer retrenchment, U.S. families have cut their once-out-of-control debt loads down to pre-recession levels, largely removing one major obstacle to a faster economic recovery.


Dow approaches 13,000, and maybe a record to come

Dow Jones Industrial Average

It was just last summer that the Dow Jones industrial average shed 2,000 points in three terrifying weeks. Investors had a host of things to worry about, including the possibility of another recession. Now the Dow is within reach of the rarefied 13,000 mark — a level it hasn't seen since May 2008, four months before the financial system almost came apart.


Economy grew modest 2.8 pct. in Q4, best in 2011

Plymouths and Dodges

The U.S. economy grew at a modest 2.8 percent in the final three months of last year, the fastest growth in 2011. Americans spent more on cars and trucks, and companies built up their stockpiles. But growth in the October-December quarter — and all of 2011 — was held back by the biggest annual government spending cuts in four decades. The Commerce Department says the economy grew just 1.7 percent last year, roughly half of the growth in 2010 and the worst since the recession.


Fed survey shows economy ended 2011 with strength


The final weeks of 2011 were the economy's strongest since it appeared to be slipping toward recession in late spring.


US auto industry to post another good sales year

Auto Sales

After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth - the result of easier credit, low interest rates and pent-up demand for cars and trucks created by the Great Recession....


Economy grows at 2.5% in third quarter, easing recession fears

Economy grows at 2.5% in third quarter, easing recession fears

The economy grew at an annual rate of 2.5% in the three months ending Sept. 30, the government reported, easing fears that the nation would fall into a second recession but still too slow a pace to cut significantly into the high unemployment rate.

Senh: At least we're not heading into another recession. Any growth is good right now.


Stocks get modest support from US jobs figures

Stocks get modest support from US jobs figures

Stocks got a lift Friday by news that the US economy generated more jobs than anticipated over the past three months, reinforcing hopes that the world's largest economy will not be sliding back into recession. The Labor Department reported that the U.S. added 103,000 jobs in September. That was above expectations for a 60,000 increase. It also revised up the previous two months' figures to show around 90,000 more jobs were created than previously thought.


Economists see no 2nd recession, real recovery

Another recession isn't likely over the next 12 months. Neither is any meaningful improvement in the economy.

Senh: As long as it's not bad news, it's good news. I'm take this as good news.


Stocks edge up after a 4-week slump; Oil rises after Libyan rebels enter Tripoli

Stocks edge up after a 4-week slump; Oil rises after Libyan rebels enter Tripoli

Stocks are edging higher following a four-week losing streak. The Dow Jones industrial average is up 23 points, or 0.2 percent, to 10,844 in midday trading Monday. It had been up as many as 203 points. The Dow fell 4 percent last week as worries deepened that the U.S. could slip into a recession. The S&P 500 rose less than a point to 1,124. The Nasdaq was up less than a point at 2,342.


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