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Yahoo! News: Economy News

• Poll: Obama benefitting from improving economy (AP)23 February 2012, 2:29 am
  AP - President Barack Obama is reaping political benefits from the country's brighter economic mood. A new poll shows that Republicans and Democrats alike are increasingly saying the nation is heading in the right direction and most independents now approve the way he's addressing the nation's post-recession period....
• California Republicans back Democrat governor on pensions (Reuters)22 February 2012, 11:44 pm
  Reuters - Republican lawmakers in California on Wednesday fully embraced Governor Jerry Brown's plan for overhauling public pensions and pressed his fellow Democrats, who control the state legislature, to back it as well....
• Burned before, Fed officials cautious on rebound (Reuters)22 February 2012, 9:47 pm
  Reuters - U.S. central bank officials have good reason to be skeptical about the strength of the economy: excessive optimism has caught them flat-footed before....
• Home resales at 1-1/2 year-high, supply falls (Reuters)22 February 2012, 9:27 pm
  Reuters - Home resales rose to a 1-1/2-year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing sector....
• Dollar rises to 7-month high against Japanese yen (AP)22 February 2012, 8:41 pm
  AP - The dollar rose to a seven-month high against the Japanese yen, a week after the Bank of Japan announced a surprise increase of its economic stimulus program....
• 'Occupy' to hold national conference in Philly (AP)22 February 2012, 6:30 pm
  AP - A group of protesters affiliated with the Occupy Wall Street movement plans to elect 876 "delegates" from around the country and hold a national "general assembly" in Philadelphia over the Fourth of July as part of ongoing protests over corporate excess and economic inequality....
• Summary Box: Bank of England split on stimulus (AP)22 February 2012, 5:22 pm
  AP - STIMULATING DISCUSSION: Minutes of their last meeting showed Bank of England rate-setters were divided about injecting another 50 billion pounds ($79 billion) into the economy. Two members argued for a bigger stimulus....
• Private jet shipments slip, but improvement seen (Reuters)22 February 2012, 3:32 pm
  Reuters - Worldwide shipments of business jets and other private aircraft fell again last year, but billings rose modestly in a sign of improvement in a tough economy....
• Euro zone teetering on brink of recession (Reuters)22 February 2012, 12:15 pm
  Reuters - The euro zone economy is in danger of tipping into recession, with the services sector shrinking this month along with manufacturing, tempering a wave of optimism after a new bailout deal for Greece struck this week....
• U.S. mortgage applications sagged last week: MBA (Reuters)22 February 2012, 12:03 pm
  Reuters - Applications for U.S. home mortgages tumbled last week as demand for loan refinancing sagged, an industry group said on Wednesday....

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