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Daily business news and economic stories
  • Thanks to “bonus depreciation,” corporations paid the feds only 12.1 percent of their profits in taxes in 2011.

  • January unemployment was down from 8.5 to 8.3 percent. That's good news, but there's still work ahead, says economist Randall Wray.

  • Productivity is up amongst American workers, but how much longer can we expect to squeeze blood from that stone?

  • When it goes public, Facebook is likely to be worth $75 billion or more. But, odds are, you aren't getting in on the real action.

  • Today payroll giant ADP announced 170,000 new additions to payrolls.

  • Over a quarter of Americans owe more than their homes are worth, but does the U.S. government have the political will to help?

  • Today saw drops in both home prices and consumer confidence. Could the recovery experts have been tracking be stalled?

  • After a landslide of complaints, the FTC cracks down on “past-statue” practices.

  • Greek financial woes were front and center at EU headquarters in Brussels today.

  • Last year, Americans gave at nearly pre-recession levels.

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