The Federal Open Market Committee voted last week to keep its target federal funds rate steady at 2.25 to 2.50%. Even more importantly, the FOMC voted to stop the Fed’s …
Category:
Money
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With the demise of the half dollar as a circulating coin, the quarter dollar coin became the workhorse coin of American commerce. That made the George Washington quarter the most …
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While stock markets have yet to decide when they’re going to take their plunge, data from many other sectors of the economy continue to indicate that a slowdown is coming, …
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It was once said that the sun never set on the British Empire. So enormous were British land holdings that the UK and its colonies stretched from Britain through much …
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The zero interest rate environment created by the Federal Reserve spurred the issuance of trillions of dollars worth of corporate debt. With cheap money being readily available, it was no …
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The half dollar was once the most popular circulating coin in American commerce. Its purchasing power through much of the early 20th century was the equivalent of $8-12 today. Take …
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In a sign that European authorities are fearful that Brexit might negatively affect the financial sector, the European Banking Authority is urging European banking regulators to clarify the deposit insurance …
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The focus on newly elected Democrats in Congress and their Green New Deal proposal has also helped to shed some light on the economic theory that helps undergird that proposal …
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Many a novice gold-buyer has picked up an Austrian Corona-series coin and marveled at how a coin minted in 1915 could be in such great condition. And that’s because they …
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General Electric (GE) is one of the biggest names in corporate America, with a history dating back to the earliest days of electricity and its founding by Thomas Edison, among …