During the 2012 presidential campaign, President Obama caught some flak for a speech in which he claimed that businesses aren’t responsible for their own success… 859 more words
Tags » Federal Reserve
From Sovereign Man, by Simon Black
September 10, 2008 was one of the last “normal” days in the world of banking and finance.
That afternoon, the US Federal Reserve published its routine, weekly balance sheet report, indicating that the central bank had total assets worth around $925 billion. 865 more words
Rick Sharga | HousingWire: Much of the commentary surrounding the Federal Reserve’s decision Wednesday to raise the Fed Funds rate by 25 basis points has been about how this is likely to increase mortgage rates, have a negative effect on home affordability, and potentially derail the still-wobbly recovery of the US housing market. 273 more words
CHICAGO (CBS) — The Federal Reserve’s decision to increase interest rates last week could do more than cost you more for a mortgage or car loan, it could increase your credit card bill as well. 201 more words
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- Euro zone stocks and bonds rallied on Thursday as banks snapped up almost quarter of a trillion euros of interest-free European Central Bank cash in what the ECB hopes will be the last outing for one of its main crisis-fighting tools.