The U.S. economy is rebounding from the worst recession since the 1930s at a snail's pace. That is why the Fed announced on Wednesday that it would engage in a second round of quantitative easing.
President Barack Obama said he is encouraged
by government figures that showed more than 150,000 jobs were
added in October, though the unemployment rate
remained stuck at a high of 9.6 percent
If Tuesday's midterm election showed anything, it was that Hispanic voters' clout at the polls is increasing with Democrats and Republicans alike.
Now that the political pundits have had their say on the impact of the election, it's time to consider what it means for investors and pocketbooks.
Nancy Pelosi, the Democratic lawmaker who leads
the U.S. House of Representatives, said Friday that she wants to remain
leader of her party in the chamber.
Former president George W Bush admitted his administration could not see coming a massive financial crisis that would plunge the world into recession.
The price of gold surged to a record high Tuesday breaching the key 1,400-dollar mark for the first time amid renewed worries about inflation and European debt.