News
FOX News | Fed gives banks 2 more years to ensure holdings of risky securities fit Volcker Rule
The Federal Reserve is giving U.S. banks two more years to ensure their holdings of certain complex and risky securities don't put them afoul of the new Volcker Rule.
Bloomberg | Euro-Area Inflation Outlook Rises as ECB Mulls Stimulus
Euro-area inflation expectations are increasing as investors bet the European Central Bank will stoke prices, which rose last month at the slowest pace since 2009.
Econ Comments & Analysis
Washington Times | Why do we still use paper money?
When given a choice, people find credit cards, debit cards and bank account electronic payments more convenient than cash. In many parts of the world, payments can be made from cellphone to cellphone, with the phone companies serving many of the functions of traditional banks. Money can be stored and transmitted from and to almost any form of computer.
