Interest Rate

The US Dollar: Don't Just Do Something, Stand There!

Marshall Auerback | Posted 10.15.2009 | Business


Marshall Auerback

It seems there isn't a day that goes by without more commentary on the demise of the dollar and the concomitant risk of a collapse of the world's reserve currency.

The Critics and the Credit Cards

Christopher Brauchli | Posted 02.09.2009 | Business


Christopher Brauchli

Credit card companies do not limit themselves to tutoring consumers in the art of financial responsibility. They try to insure that everyone who wants a credit card has one.

Ask The Ben Bernanke 8-Ball!

236.com | Posted 03.28.2008 | Business


Economic meltdown looms, and Federal Reserve Chairman Ben Bernanke is doing what he does best: lowering interest rates. At least, that's what financia...

Fed Cuts Interest Rate By 3/4 Point

Reuters | Posted 03.28.2008 | Business


The Federal Reserve slashed a key U.S. interest rate by three-quarters of a percentage point Tuesday, a substantial cut but smaller than many in finan...

More Rate Cuts From Fed Expected Tuesday

AP | JEANNINE AVERSA | Posted 03.28.2008 | Business


WASHINGTON — Desperate to aid an economy in crisis, the Federal Reserve is ready to deliver yet another big interest rate cut. How big? One-hal...

Fed Cuts Interest Rate By A Quarter Point

AP | Posted 03.28.2008 | Business


The Federal Reserve has cut a key interest rate by one-quarter of a percentage point to 4.25 percent, the third rate cut in three months. The quarter...

Wall Street Prepares For Rate Cut

Washington Post | Neil Irwin | Posted 03.28.2008 | Business


Six weeks ago the Federal Reserve cut interest rates, a move that calmed panicked credit markets and sent stock markets soaring. Now investors faced w...