Imagine having $3 billion in cash sitting in front of you, teasing you – that you couldn’t use. That’s what happened to the Federal Reserve this year because the country’s money factory messed up.
The Federal Reserve says it will spend $40 billion a month to purchase mortgage-backed securities because the economy is too weak to reduce high unemployment.
The latest numbers from the U.S. Labor Department offer a mixed bag of news to President Barack Obama.
The gloves came off Monday night at a Republican presidential debate held in Tampa. For the first time, the candidates seemed to take jabs at each other, rather than President Barack Obama