Economy
Bernanke’s legacy will include more communication than his predecessors
It seems like Ben Bernanke believes the old saying, “Knowledge is power.” When his term as leader of the Federal Reserve is up in January 2014, one of the things people will remember most about him is his willingness to disseminate more information to the public than any of his predecessors (source). Want examples? He’s…
See Full Article Here ->The Average American Automobile is Now Older than Ever
If you’re one of those people who is currently driving an older car, you may be feeling self-conscious as you navigate your way down the road. But if you stop and take a closer look, you may very well find you’re not the only one driving a “mature” automobile – not by a long shot!…
See Full Article Here ->Home Repos Up Sharply in May
Banks are revving up their efforts to take back homes. In May, according to RealtyTrac, completed foreclosures were up 11 percent from the previous month (38,946 in May vs. 34,997 in April). In addition, it was the first time in five months the total had risen. Foreclosure starts also are on the rise, going up…
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