Earlier today Ben Bernanke, the Chairman of the Federal Reserve, announced that the Fed would be leaving the nation’s key interest rate at its current “exceptionally low” level. Since December of last year, the rate has been set at 0 to .25-percent in an effort to spur lending throughout the c...

In the wake of several multi-billion dollar bailouts, many of us have become desensitized to these astronomical amounts of money. I used to think that a million dollars was an exorbitant figure, but it has now been reduced to mere “chump change”. According to a recent report from the Treasury De...

Tuesday the stock market began with some modest gains, including a 1% increase for the Dow Jones, and several stocks rallying after Monday’s losses.  Nearing the close of the stock market, in an unprecedented move, the Federal Reserve announced that it had cut its key interest rate to 0-0.25%, do...