Federal Reserve Chairman Ben Bernanke said on Monday that the Feds’ stimulation of the economy has indeed helped reduce the amount of unemployed in recent months, but warned that because of the size and duration of the problem there could result lasting damage to the US economy as a whole. “Recent improvements are encouraging,” he… Continue Reading
If you travel a lot then you know how important your luggage can be. Today your carry-on piece has taken on even more significance as airlines cut back on luggage allotments and many airlines charge extra for even one piece of checked baggage. Here is a look at five of the best ranked carry-ons which… Continue Reading
The continuing improvement in the performance of the US economy in recent months has fueled a significant rise in auto sales. As confidence improves consumers feel better equipped to make new car purchases. There is also a larger than usual number of people replacing old cars due to the fact that they held off making… Continue Reading
According to Joerg Asmussen, executive board member of the European Central Bank, it is now time for the ECB to begin planning its “exit strategy” from the unprecedented support the bank has used to prop up banks during the recent, and ongoing, debt crisis. “The time for an exit depends on what happens on the… Continue Reading
The Federal Reserve is still debating whether or not to embark on a third phase of quantitative easing, shorthand QE3, said William Dudley New York Fed president, a close confidant of Federal Reserve Chairman Ben Bernanke. Dudley believes that the economy’s recovery is still fragile, despite the recent signs of improvement. If not handled properly… Continue Reading
Bolthouse Farms, producer of vegetable juices, is owned by a Chicago-based buyout firm, Madison Dearborn Partners, LLC. According to three individuals privy to knowledge on the issue, it appears that Madison Dearborn is at the moment considering either a sale of Bolthouse, or going public with an initial public offering. Madison Dearborn has owned Bolthouse… Continue Reading
Thinking about getting involved in a new business venture? Here are a few which are perfect for today’s current events, whether you are trying to beat the dragging economy or flow with what’s popular, consider the following as a great way to get into business. 1. Selling Candy- Even during difficult economic times candy is… Continue Reading
Federal Reserve Chairman Ben Bernanke said in a pre-recorded speech delivered at the convention of Independent Community Bankers of America that, despite the slow improvement of the US economy, American community banks are developing and getting stronger. The remarks were broadcast on a video monitor at the convention of community bankers held earlier this week… Continue Reading
Tuesday’s strong rally on Wall Street was the signal for the rest of the world to push up markets in anticipation of a continued improvement in the US economy. In Japan investors stimulated their nation’s benchmark to a point higher than it’s been in seven months, while oil floated just under $107 per barrel. The… Continue Reading
Listen to Tracy Byrnes of Fox News interview Anani Lawson, expert sommelier of Per Se restaurant, discuss the new trend towards half-bottles of high-quality wines. Watch the latest video at video.foxbusiness.com Continue Reading