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It seems as though the Oil and Petroleum Exporting Countries, or OPEC, has finally gotten exactly what they want. The price of a barrel of oil reached six month highs the other day and now there is a looming meeting of the countries to discuss …

Does the falling median home price scare you?
Question:
The median home price in the United States seems to keep falling even when news about the economy is picking up. Does this news scare you at all and when do you think the median home price will …

Kenneth Lewis, chief exec of Bank of America is claiming that Ben Bernanke, Federal Reserve chairman, and former Treasury dept. chief Henry Paulson pressured BofA not to talk about its plan to buy Merrill Lynch. Under oath, Lewis said that he believed Bernanke and Paulson …

In an interview with 60 Minutes, Ben Bernanke said, “This (economic) decline will begin to moderate and we’ll begin to see a leveling off.” He also said that he expects a recovery beginning by the start of next year.
This isn’t the first time Bernanke has …

Today, as expected, the Fed cut the key interest rate to 1%. Some analysts are saying that the Fed won’t stop at 1%, if it needs to, the rate could go lower. A rate below 1% hasn’t been seen since the Eisenhower administration in the …