In a bold move, the Federal Reserve is stepping up to save the U.S. economy once again. Following their successful save, the Fed is again ready to put its money where its mouth is and save the ailing economy yet again. The Fed said Tuesday that it would spend a relatively small amount of money ... Read More

The unexpected is to always be expected, and hence a new study suggests that because shoppers are being careful about how they spend their money, and are not buying everything and anything they lay eyes on, they are making businesses cautious about hiring. For the economic recovery to gain strength — and the unemployment rate ... Read More

The United States Postal Services has proposed raising the price of first-class stamps by 2 cents, pushing the already exorbitant price of a single stamp to 46 cents. The increases would generate $2.3 billion in the first nine months of 2011, the service said today in a statement. Increases, which must be reviewed by Postal ... Read More

In a meeting with the Federal Reserve Chairman, Ben Bernanke, President Obama discussed the economic recovery and agreed that there is still much work to be done. Obama said he and Bernanke emphasized “dealing with folks who need help,” saying measures like passing unemployment insurance and getting credit flowing to small businesses will result in ... Read More

You know the patrons of a hotel have too much money when instead of an ice cube dispenser there is a gold bar dispenser. The Abu Dhabi’s Emirates Palace hotel has just installed a gold dispensing machine where patrons can purchase gold bars or coins weighing up to 10 grams. This genius idea is the ... Read More