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Posts Tagged ‘Federal Reserve’


What Dow 10,000 Means—This Time

What Dow 10,000 Means—This Time

As the Dow Jones Industrial Average powers through the 10,000-point threshold today, millions of investors are no doubt searching for meaning. But, is there any deep significance here?... (Continue reading)

Obama Unveils Historic Financial Regulatory Reforms

President Barack Obama revealed Wednesday a series of initiatives that he described as “the most sweeping overhaul of the financial regulatory system, a transformation on a scale not seen since the reforms that followed the Great Depression.” He outlined the... (Continue reading)

Rate of Stock Ownership Among Blacks Drops Despite Previous Growth

Rate of Stock Ownership Among Blacks Drops Despite Previous Growth

Recent economic woes and a slump in the stock market may contribute to an already lagging number of African American stock owners, according to research released by Ohio State University in February. ... (Continue reading)

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Day 22

The Senate passes the American Recovery and Reinvestment Act. Obama takes his $800 billion recovery package on the road to a town hall in Ft. Myers, Florida. The Obama administration, Federal Reserve, and FDIC introduce the Consumer and Business Lending Initiative... (Continue reading)

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Goodbye Credit Card Rate Hikes?

Goodbye Credit Card Rate Hikes?

For many of us, credit cards have been a saving grace in times of need and a devilish temptress in times of greed. But a decreasing line of credit, soaring interest rates and random fees can make pulling out the... (Continue reading)

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