U.S. Households Grow 2.2% Wealthier

U.S. household wealth increased 2.2% in the third quarter as stock prices rose and consumers cut debt, according to a Federal Reserve report released Thursday. Companies’ cash balances also grew in the third quarter.
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Silver Prices Soar Amid Inflation Concerns

Silver prices touched a 30-year high Monday as investors sought the safety of precious metals. Inflation concerns are running high after Fed Chairman Ben Bernanke said the central bank is considering a third round of qualitativ…

Silver Prices Soar Amid Inflation Concerns

Silver prices touched a 30-year high Monday as investors sought the safety of precious metals. Inflation concerns are running high after Fed Chairman Ben Bernanke said the central bank is considering a third round of qualitativ…

Bank of America Says It’s Ready to Exit TARP

Bank of America has told U.S. regulators that it has met the final condition that was set on its plan to exit the government’s Troubled Asset Relief Program. BofA, which repaid $45 billion in TARP funds in December 2009, needed…

Federal Reserve Beige Book Reports Stronger U.S. Recovery

The latest Beige Book report by the U.S. Federal Reserve confirms what recent economic data has suggested: The U.S. economic recovery has accelerated in most U.S. regions, an improvement propelled by a manufacturing expansion and by increased hiring.

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