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Treasury Department Recruits Firms to Buy Back Toxic Assets
After having plunged 875 points in two days, the Dow Jones Industrial Average only improved by 99 points by mid afternoon, despite a key rate cut of one-half point to 1.5% made by the Federal Reserve....
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The $800 Billion Question: Will Foreign Creditors Continue to Finance U.S. Debt?
I’ve been laying awake at night worrying about our credit status. I’m not talking about my own ability to borrow. I mean, ours—all of us— President Barack Obama’s, mine, yours, our children, the whole...
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President Obama Makes Good on Promise to Help Americans Save for Retirement
On January 28, 2014, in his State of the Union address, President Obama challenged Congress to work with him in his effort to help Americans create a secure retirement, pointing out that “most workers...
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[WATCH] Has Hip-Hop Saved Alexander Hamilton’s Face Time On the $10 Bill?
On November 8, Lin-Manuel Miranda (the 35-year-old composer, rapper, and actor) was a guest on The Tonight Show with Jimmy Fallon discussing his Broadway musical smash hit Hamilton – about the life of...
View Article3 Investment Gifts For Kids That Cost As Little As $20
’Tis the season when children lose their minds and actually visualize their parents as walking, talking ATMs with direct ties to Santa Claus. Visions of sugar plums and visions of them playing their...
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Treasury Acknowledges Lost Black Wealth By Renaming Freedman’s Bank
Treasury Secretary Jacob Lew announced that the government today will mark the 150th anniversary of the Freedman’s Savings and Trust Company (Freedman’s Bank) by naming the Treasury Annex building in...
View Article[Financial Literacy Month] Getting Your Kids in the Markets for As Little As $20
As I’ve been speaking to financial education experts over the past few weeks for Financial Literacy Month. It’s come up over and over again: how hands on experience with money is the best teacher. When...
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Treasury Department Recruits Firms to Buy Back Toxic Assets
After having plunged 875 points in two days, the Dow Jones Industrial Average only improved by 99 points by mid afternoon, despite a key rate cut of one-half point to 1.5% made by the Federal Reserve....
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Unemployed Workers Shouldn’t Get Benefits Better Than Their Old Wages: Mnuchin
Treasury Secretary Steven Mnuchin said Thursday the Trump administration wants to cap enhanced unemployment benefits in the next coronavirus package. According to MSN Money, the move would ensure...
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