Archive for September 15th, 2013:

Lawrence Summers Withdraws His Name From Consideration for Fed Chair

Date: Sep 15 2013
Filed under: U.S. Government, Federal Reserve, Barack Obama, Interest RatesFABRICE COFFRINI/AFP/Getty Images By Mark Felsenthal Lawrence Summers, a former top economic aide to President Barack Obama and a Treasury secretary under President Bill Clinton, has withdrawn from consideration to succeed Ben Bernanke ...Read More »

Panera CEO Will Spend This Week Living on a Food Stamp Budget

Date: Sep 15 2013
Filed under: Government Spending, CEOs, FoodMichael L Abramson/Getty Images For the next week, Ron Shaich will live well below his means: The Panera Bread (PNRA) CEO embarked on a quest Saturday to spend a week living on food stamps. "As part of ...Read More »

Special coverage: Lehman Bros. lessons, 5 years later

Date: Sep 15 2013
Investment bank's 2008 implosion brought economy to the brink. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/uqxfMyjBb4Q/ Read More »

First Take: Summers done in by two sets of critics

Date: Sep 15 2013
Larry Summers' candidacy to run the Federal Reserve was sunk by liberals and Wall Street http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/gX69FSNnjBQ/ Read More »

As Fed ‘taper’ looms, so do market surprises?

Date: Sep 15 2013
The Fed is expected to start QE "tapering" Wednesday," but don't rule out a surprise. http://rssfeeds.usatoday.com/~r/UsatodaycomMoney-TopStories/~3/GyrxGTHgK_I/ Read More »

5 Money-Making Lessons from 2008’s Market Crash

Date: Sep 15 2013
Filed under: Investing Basics, Economic Recovery, Historical Stock Prices, InvestingAlamy Five years ago this month, the U.S. financial system began a downward spiral that would bring it to the brink of collapse. Stock markets plunged as the bankruptcy of Lehman Brothers ...Read More »