CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. The Olympics end and spring training begins. We'll find out the weather's impact on housing sales. And Yellen testifies to the Senate on the economy.
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CNBC's Bill Griffeth looks ahead to what are likely to be next week's top business and financial stories. The Olympics kick off as does the Westminster Dog Show. Valentine's Day is Friday, and Janet Yellen makes her first appearance in front of Congress as Fed Chair.
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China on Wednesday urged the Obama administration and Congress to stymie a U.S. bill aimed at pressing Beijing to lift the value of the yuan, warning the legislation passed by the Senate could upset efforts to prop up the global economy.
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After years of trying, Congress is taking another stab at retaliating against what many see as Chinese manipulation of its currency to make its exports to the United States cheaper and U.S. goods more expensive in China.
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The U.S. Congress will not wait for the country's debt crisis to reach the levels of Southern Europe, David Schweikert, a republican congressman and part of the bipartisan commission on budget told CNBC on Tuesday.
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