All Posts Tagged Tag: ‘Great Recession’

Jim Flaherty, Finance Minister of Canada, Has Died

Jim Flaherty, Canada’s third-longest serving finance minister of all time, died on Thursday simply weeks after he had retired from his post. While no official cause of death has been released, police stated they had responded to a call reporting a heart attack at his residence at 12:30 pm Thursday. He was 64 years of age. Flaherty first rose to …

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Household Wealth Reached New High in 2013

A report released by the Federal Reserve last Thursday revealed that household wealth in the United States rose 14 percent from 2012 to 2013, topping off at $80.7 trillion – a record high. Household wealth is figured by assessing the value of homes, stocks, bank accounts, and other financial assets minus any debts accrued from mortgages, credit cards, and elsewhere. …

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