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The Federal Reserve said Wednesday that it will deploy an additional $1.2 trillion to try to lower interest rates and stimulate the economy, an aggressive move aimed at containing the recession. ...more
March 19, 2009
It's another sign of our depressed economy: 141 individuals, couples and businesses in Highlands County filed for bankruptcy in 2008, up 40 percent from 2007. ...more
March 12, 2009
An index that tracks signed contracts to purchase existing homes rebounded in December, as buyers snapped up properties at deep discounts, especially in the South and Midwest. ...more
February 4, 2009
In his radio address Saturday, President Barack Obama promised to lower mortgage costs, offer job-creating loans for small businesses, get credit flowing and rein in free-spending executives, as he prepares a new road map for spending billions from the financial rescue plan. ...more
February 1, 2009
Obama Was Winner There is no doubt in my mind who won Tuesday night's debate. Obama was articulate, showed a greatly improved maturity since the beginning of the campaign, and was specific in answering the questions with a point-by-point explanation of his solutions. ...more
October 9, 2008
Dishing out advice on financial staples in times of crisis used to involve three servings: precious metals, U.S. Treasury bills and real estate. ...more
September 30, 2008
Wall Street surged Monday as investors placed bets that a recovery in the financial and housing sectors is likely to follow the U.S. government's move to bail out mortgage giants Fannie Mae and Freddie Mac. ...more
September 9, 2008
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