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Mortgage Rates Decline; Rises Loom in Future

Mortgage Rates Decline; Rises Loom in Future

By Brian Powell April 14, 2014

As the spring season rolls in and the winter doldrums roll out, people are finally exiting their homes and exploring the world once again. Luckily for those recovering from an intense winter hibernation, the economy shows positive signs for the …

Janet Yellen Confirmed as Next Federal Reserve Chair Janet Yellen Confirmed as Next Federal Reserve Chair

Yesterday, the Senate voted 56-26 to usher in Janet Yellen as the next Chair of the Federal Reserve. Yellen’s acceptance came as no surprise, especially seeing as she was easily approved by the Senate Banking Committee in November. Yellen is …

Janet Yellen Approved for Fed by Senate Committee Janet Yellen Approved for Fed by Senate Committee

Thursday morning, the Senate Banking Committee approved Janet Yellen’s nomination to become the next Chair of the Federal Reserve by a 14 to 8 vote. This vote comes as no surprise to political pundits, especially seeing as Democrats hold 12 …

Labor Department Reports 148,000 Jobs Added Labor Department Reports 148,000 Jobs Added

The U.S. Labor Department finally released its September employment report Tuesday morning, having been delayed by the government’s 16-day shutdown, which began on October 1. According to the monthly overview, U.S. employers added 148,000 new job positions in September, a …

JP Morgan and US Justice Dept in $13 Billion Deal JP Morgan and US Justice Dept in $13 Billion Deal
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The ongoing Kabuki theater between Big Government and Big Finance took a new turn on Saturday, when it was announced that JPMorgan Chase & Co, one of the top 10 banks in the world, has struck a preliminary $13 billion …

Janet Yellen Nominated to Lead Federal Reserve Janet Yellen Nominated to Lead Federal Reserve

As expected, President Obama announced Wednesday that he would be nominating Fed vice chairwoman Janet Yellen to lead the Federal Reserve. She would replace retiring chairman Ben Bernanke. “For nearly 8 years, Ben has led the Fed through some of …

Obama Nominates Yellen To Fed Chief Position Obama Nominates Yellen To Fed Chief Position

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President Obama will nominate the Vice Chair of the Federal Reserve, Janet Yellen, to fill Ben Bernanke’s position as chairman of the nation’s central bank when Bernanke’s term ends on January 31st. The fact that Janet will be the first …

As Federal Reserve Slays Dollar, Chinese Yuan Rises As Federal Reserve Slays Dollar, Chinese Yuan Rises
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Federal Reserve, the government agency in control of the dollar fiat standard will roll out the new $100 bill, with an array of high-tech security features designed to purportedly thwart counterfeiters, on Tuesday, despite partial shutdown of the mammoth federal …

New $100 Bill, Counterfeit-Proof? New $100 Bill, Counterfeit-Proof?

Are you ready to get your hands on the new $100 bill? If so, you’re not alone. The $100 bill is the second most common bill only behind the $1 bill. So, it should come as no surprise that the …

Stock Market Dips Drastically After Wednesday’s High Stock Market Dips Drastically After Wednesday’s High
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On Wednesday, September 18, the Dow set an all-time high at closing, as did the S&P. The boom came shortly after the Federal Reserve announced that it would continue its economic stimulus program. However, the investment-high did not last long. …

Gold Recovery? What Does This Mean For Business? Gold Recovery? What Does This Mean For Business?
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Gold has had a resurgence recently. This comes as good news for investors and people that follow the market closely. As of today, gold is on track for its biggest weekly gain in five weeks. Several analysts are saying that …

Larry Summers Withdraws Name from Fed Chair Debate Larry Summers Withdraws Name from Fed Chair Debate

In somewhat surprising news Sunday, Larry Summers has withdrawn his name for the discussion of who will replace Ben Bernanke as Chair of the Federal Reserve when his term ends in January. All signs seemed to point to Summers as …

Turns Out Anonymous Did Hack The Federal Reserve Turns Out Anonymous Did Hack The Federal Reserve
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On Sunday evening, Anonymous leaked over 4,000 banker profiles it claimed to have stolen from the federal reserve. The information contained names, addresses, IP addresses, hashed passwords and other sensitive information. Now the federal reserve has confirmed the hack, but …

Anonymous Leaks Banker Exec Info It Stole From Feds Anonymous Leaks Banker Exec Info It Stole From Feds

Last week, Anonymous began #OpLastResort in response to the suicide of Aaron Swartz. The hacktivist collective demanded cyber crime reform and threatened to unlock an encrypted file that may contain potentially classified information if their demands were not met. Long …

U.S. Federal Reserve Joins Twitter U.S. Federal Reserve Joins Twitter
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The U.S. Federal Reserve, the foundation of the world’s largest economy, recently joined Twitter, in hopes of improving its communication with the general public. The board of the central bank put the Twitter channel “@federalreserve” online, “with the aim of …

Federal Reserve Launches Consumer Credit Card Site
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The Federal Reserve has launched a new website aimed at helping consumers better understand the new credit card protections that will go into effect on February 22.

These rules ban a number of harmful practices and require more transparency in the disclosure of the terms and conditions of credit card accounts.

Should AIG Receive A Fed Bailout?

 As an investor and citizen, I have been following with increasing concern the shenanigans in the financial market.