QE2, Day One: Fed Buys $7.3 Billion in Treasuries

The Federal Reserve bought $7.3 billion worth of U.S. Treasuries Friday as it started a second round of quantitative easing meant to stimulate the nation’s economy, media reports indicate. The QE2 plan, designed to boost job cr…

Consumer Sentiment Rises to Highest Level Since June

The consumer sentiment index rose to its highest level in five months in November, propelled by a slightly better economic outlook. However, despite the gain, sentiment remains at a low level, and not high enough to suggest a s…

‘Dirty Jobs’ Mike Rowe Works Hard for Unemployed Vets

Mike Rowe, host of TLC’s Dirty Jobs, knows a lot about tough jobs, but the toughest one he’s tackling is helping America’s veterans find employment. Rowe notes that joblessness for returning servicepeople is over 18%, adding “I…

G-20 Focus: What Asian Nations Can Do About QE2

As the G-20 meets in South Korea, many world leaders have stepped up their complaints about the Fed’s $600 billion quantitative easing program, as well as the rapid flow of capital into emerging markets. Some countries are inst…