-
Bernanke: Banks Need More Help!
The Chairman of the Federal Reserve, the central bank of the United States, has stated that government officials need to further assist the financial sector to bring the U.S. out of recession and eventually stabilize the financial markets.
At the London School of Economics, Bernanke stated that further government actions should be directed at saving the [...]
Recent Articles
Obama - Biden Inauguration
On January 20, 2009 President-Elect Barack Obama will officially move into the White House. With him comes new economic policies which will affect every American.
New tax policies will require an adaptive mind to keep more of your earnings. New subsidies will spur economic recovery for some businesses. A new focus on Green energy will require changes in daily routines.
The Financial Sector will be covering all the news - good and bad - in 2009 and beyond. Stick with us to see unbiased financial news from around the globe.
Featured
The Chairman of the Federal Reserve, the central bank of the United States, has stated that government officials need to ...
The Fed
Bernanke: Banks Need More Help!The Chairman of the Federal Reserve, the central bank of the United States, has stated that government officials need to further assist the financial sector to bring the U.S. out of recession and eventually stabilize the financial markets.
At the London School of Economics, Bernanke stated that further government actions should be directed at saving the [...]
Commodities
Oil Rises After OPEC CutsWorld oil prices have risen in reaction to due OPEC insuring it would take "further measures" to shore up the market, analysts said.
Analysts also agreed that oil prices have risen due to increased heating oil demand from the United States - where the U.S. Northeast is facing an extreme cold from Arctic air.
The global price [...]
Tax Policy
NY Judge Rules Against Amazon.comIn a blow to Internet tax freedoms the New York State Supreme Court today ruled Amazon.com, Inc. must collect State sales tax from New York State residents.
Amazon.com, claiming portions of the New York tax code were "unconstitutional, overly broad and vague," filed their suit last April, hoping to have the law revoked.
Though Amazon.com has no [...]
