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  • Workers look out of a window bay while working on the interior of a condominium under construction in the west Denver suburb of Lakewood, Colo., on Thursday, Feb. 1, 2007. (AP Photo/David Zalubowski)AP - People are saving at the lowest level since the Great Depression, and that could be a problem for the millions of baby boomers getting ready to retire.


    ">Savings tumble poses risk to boomers (AP)
  • A worker heads into a condo construction site Wednesday, Jan. 31, 2007, in Sandy, Utah. Spending on construction projects around the country dropped 0.4 percent in December, after edging up in November, mostly reflecting fallout from the housing slump, the Commerce Department said in another report.  (AP Photo/Douglas C. Pizac)AP - People once again spent everything they made and then some last year, pushing the personal savings rate to the lowest level since the Great Depression more than seven decades ago.


    ">2006 personal savings fall to 74-yr. low (AP)
  • U.S. manufacturing contracted in January (AP)
  • Factory, spending data give conflicting signals (Reuters)
  • A General Motors Corp. assembly line worker assembles transmissions at the GM Powertrain plant in Warren, Michigan in this June 1, 2006 file photo. U.S. manufacturing activity unexpectedly contracted in January as new orders and production fell, according to a survey published on Thursday. (Rebecca Cook/Reuters)Reuters - U.S. manufacturing unexpectedly contracted in January to its slowest pace since April 2003 as new orders, inventories and production fell, according to a survey published on Thursday.


    ">U.S. manufacturing slows unexpectedly in Jan: ISM (Reuters)
  • December pending home sales index rose 4.9 pct (Reuters)
  • Jobless claims fall by 20,000 last week (AP)
  • December incomes, spending rose as expected (Reuters)
  • A television monitor displaying market values at the London Stock Exchange in March 2006. European stocks have soared as participants seized on positive earnings news, unchanged US interest rates and encouraging signs that the US economy was on track.(AFP/File/Ben Stansall)AFP - European stocks have soared as participants seized on positive earnings news, unchanged US interest rates and encouraging signs that the US economy was on track.


    ">European shares bounce higher (AFP)
  • Federal Reserve Chairman Ben Bernanke testifies before the Senate Budget Committee on Capitol Hill in Washington, DC, January 2007. One year after Bernanke took the helm at the Federal Reserve, the central bank appears to have achieved a sought-after "soft landing" for the US economy.(AFP/Getty Images/File/Mark Wilson)AFP - One year after Ben Bernanke took the helm at the Federal Reserve, the central bank appears to have achieved a sought-after "soft landing" for the US economy.


    ">Year after taking helm, Bernanke achieves 'soft landing' (AFP)
  • Monster U.S. online jobs index edges up (Reuters)
  • Fed keeps US rates unchanged (FT.com)
  • Treasuries strengthen after Fed decision (FT.com)
  • A woman shops in a Target store in Chicago November 24, 2006. The economy grew at a stronger than expected pace during the final quarter of last year, boosted by robust spending and slowing inflation that more than offset the biggest decline in residential investment in 15 years, a government report on Wednesday showed. (John Gress/Reuters)Reuters - The U.S. economy grew at a stronger pace than expected in the final quarter of 2006 without raising inflation pressures, government data showed on Wednesday, as robust consumer spending more than offset the biggest slump in housing in 15 years.


    ">Economy grew at strong clip in 4th quarter (Reuters)
  • Construction cranes rise above Miami as it undergoes a building boom in August 2006. US economic growth accelerated to a 3.5 percent pace in the fourth quarter of 2006, following a 2.0 percent pace in the third quarter.(AFP/File/Joe Raedle)AFP - US economic growth accelerated to a 3.5 percent pace in the fourth quarter of 2006, following a 2.0 percent pace in the third quarter, the government has said.


    ">US economy expanded at 3.5 percent pace in fourth quarter (AFP)
  • A money changer counts US dollar notes.  The dollar edged lower against the other main currencies as traders braced for the outcome of a monetary policy meeting of the Federal Reserve and a key report on the US economy.(AFP/File/Bay Ismoyo)AFP - The dollar edged lower against the other main currencies as traders braced for the outcome of a monetary policy meeting of the Federal Reserve and a key report on the US economy.


    ">Dollar drifts down as market braces for Fed announcement (AFP)
  • Shoppers at The Beverly Center shopping mall in Los Angeles, December 20, 2006. Consumers' mood brightened slightly in January on a more favorable view of the labor market, a survey showed on Tuesday. (Fred Prouser/Reuters)Reuters - U.S. consumers' mood brightened slightly in January on a more favorable view of the labor market, a survey showed on Tuesday.


    ">Consumer confidence edges up in Jan: Conf Board (Reuters)
  • Homes under construction in a suburb of Chicago in a file photo. Sales of new U.S. homes rose 4.8 percent in December and prices climbed 1.2 percent as the number of homes on the market decreased, according to a government report on Friday showing some firming in the weakened housing sector. (John Gress/Reuters)Reuters - Sales of new U.S. homes rose more than expected in December while orders for durable goods climbed sharply, dimming prospects that the Federal Reserve may cut benchmark interest rates this year.


    ">New-home sales, durable goods show strength (Reuters)
  • An assembly line worker in a file photo. New orders for U.S.-made durable goods rose a larger-than-expected in December, a government report showed on Friday. (Rebecca Cook/Reuters)Reuters - New orders for U.S.-made durable goods rose a larger-than-expected 3.1 percent in December as demand for Boeing jetliners soared and most other sectors showed surprising strength, a government report showed on Friday.


    ">Durable goods orders surprise with strength (Reuters)
  • The New York Times building in a file photo. The number of planned job cuts in the media sector surged 88 percent last year and that trend will likely continue, a study on Thursday showed. Since the beginning of 2007, magazine publisher Time Inc. said it would cut 289 jobs, the New York Times Co announced plans to shed 125 jobs and close foreign bureaus for its Boston Globe newspaper. (Brad Rickerby/Reuters)Reuters - The number of planned job cuts in the U.S. media sector surged 88 percent last year and that trend will likely continue as readers shift from print to online services, a study on Thursday showed.


    ">Planned media job cuts up 88 pct in 2006 (Reuters)