Money
Associated Press/Photo by Steven Senne

Fed cuts rates to keep economy rolling

by Lynde Langdon
Posted 10/31/19, 10:42 am

Federal Reserve Chairman Jerome Powell expressed confidence in the U.S. economy despite manufacturing slowdowns brought on by the trade war with China. The Fed expects the quarter-point cut it made to short-term interest rates on Wednesday to be its last for a while.

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Krieg Barrie

Easy come, easy go

Money | Serve God, and don’t worry about money
by Andrée Seu Peterson
Posted 8/21/19, 04:00 pm

In the same month of August, these two things happened to me: I paid $239 to a New Jersey court for the dubious pleasure of holding my cell phone in hand while driving in plain sight of a cruiser. Second, a Korean woman I don’t even remember who knew my late husband and happened to dine with a distant acquaintance, asked said acquaintance about me, and ended up writing me a check for $200. 

So it was kind of a wash, financially speaking.

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Associated Press/Chinatopix

Markets rebounding from China’s money move

by Harvest Prude
Posted 8/06/19, 01:06 pm

China allowed its tightly controlled currency, the yuan, to plunge to a 7-to-1 valuation against the U.S. dollar Monday, its lowest level in more than a decade. The devaluation made Chinese goods cheaper around the globe at a time when the United States is trying to discourage buying from the communist country. Last week, President Donald Trump threatened 10 percent tariffs on an additional $300 billion in Chinese imports if trade talks between the nations don’t yield results soon.

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