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Economic news was impacted by the Martin Luther King holiday on Monday and the Presidential Inauguration on Friday. Readings released included reports on inflation, the National Association of Home Builders Housing Market Index and Commerce Department...

In addition to weekly reports on mortgage rates and new unemployment claims, last week’s economic news included the Fed’s Beige Book report, retail sales and consumer sentiment. January’s Empire State Index showed an unexpected dip and Consumer Sentiment...

FINANCIAL MARKETS Asia stocks higher as Shanghai steadies after dramatic dive SEOUL, South Korea (AP) — Asian stock markets rose today and Shanghai rebounded from a dramatic dive the day before, after China’s economic slowdown in the fourth quarter...

COMING UP Today: U.S. stock and bond markets are closed for Martin Luther King Jr. Day. Tuesday: UnitedHealth Group Inc., CSX Corp. and United Continental Holdings Inc. report quarterly financial results. Wednesday: Labor Department releases Consumer...

Last week’s economic news largely concerned the Federal Reserve’s FOMC meeting statement and a post-meeting conference given by Fed Chair Janet Yellen. The FOMC statement indicated that the Fed continued its wind-down of Treasury and mortgage-backed...