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March 8th, 2013
06:07 AM ET

MYB: February jobs report forecast and Facebook's facelift

Christine Romans is minding your business with the latest in U.S. stocks and world markets. With stocks consistently making gains, economists are watching to see if the momentum will continue. So far, it's still strong. Data out of Japan shows the country could be coming out of a recession, Romans says.

But all eyes are on the monthly jobs report coming out later this morning. "Economists surveyed by CNNMoney are predicting predicting 170,000 jobs added to the payrolls in February," Romans reports. "The unemployment rate expected to tick down to 7.8%." Romans says she'll be reading into how both the snowstorm in the Northeast in February and the sequester's  might have affected this.

Attention is also on Facebook's upcoming facelift. The company is rolling out new features and an update on Facebook's newsfeed that is supposed to reduce clutter, Romans says. "We're told there's a backlog for the upgrade," she reports.

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