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How Stock Market Jitters, Treasury Bonds, And Fed Interest Rates Affect The State’s Economy

It’s been a crazy couple of weeks, with financial tremors continuing to shake-up the jagged economic landscape.  National GDP barely went up, Congress made an 11th hour deal to raise the debt ceiling, S&P downgraded the US credit rating anyway, and the Federal Reserve decided to hold interest rates steady—at virtually nothing—for the next two […]

Stocks Drop Again, Long-Term Forecast Unclear For Investors

After a brief rally, AP Business Writer Stan Choe reports in The Boston Globe that the markets are once again sliding back downhill: “The Dow Jones industrial average fell 413 points, or 3.7 percent, to 10,827in morning trading Wednesday. That erased nearly all of its 429 point gain from Tuesday, when the Federal Reserve pledged […]

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