Traders face plenty of economic news this week, and considering how much the market has risen, it could be time for a bit of a pullback. But at least one trader thinks that’s just what’s needed to create a base for further gain…
Rep. Ron Paul, author of the best-selling book End the Fed, will head the House subcommittee overseeing the Federal Reserve.
Spencer Bachus, House Financial Services chairman-elect, selected Paul, 75, to lead the domestic monetary policy subcommittee…
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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The Bank of England said Thursday that it decided to keep its emergency stimulus program unchanged and the central bank’s key lending rate at its record low of 0.5%.
Continue reading Bank of England Keeps Rates…
During the heat of the financial crisis, Ben Bernanke’s Federal Reserve doled out a mountain of money to keep the damage from getting any worse. But if you think American companies were the biggest beneficiaries of this largess…