• Fed Aims to Put an End to Crisis-Era Measures

    The Federal Reserve plans to announce on Wednesday that it will start to reduce its portfolio of assets in excess of $4.5 trillion. After the financial collapse of 2007-2009, the Fed enacted bond-buying measures to prevent America’s largest banks from failing. The reduction in assets marks another move to...
  • “The US Economy is Growing Stronger”

    The median household income in the US observed an increase of 3.2 percent. The current figure is $59,039. A factor that fueled the change is the ability of people to secure full-time jobs. However, the poverty rate fell to reach the lowest point ever seen in the country. In...
  • The United States is More Indebted to China Than Ever

    The U.S. Treasury recently surmised that China holds more U.S. debt that any other nation. China has been purchasing U.S. government bonds at a record pace and has easily overtaken Japan for the top foreign holder of U.S. debt in the form of U.S. government bonds. Both China and...