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It’s official, the U.S. economy is in a recession, says NBER

There’s been a lot of speculation from various commentators and guests on the cable TV talk-fests recently about the U.S. being in a recession....

U.S. adds 157,000 jobs in Jan. as unemployment ticks up

Employers added 157,000 jobs in January, falling slightly below projections, as the U.S. unemployment rate increased to 7.9 percent from 7.8 percent in December.