Book Signing

SPRINGFIELD – Author Paul Street will sign copies of his book, “The Empire’s New Clothes: Barack Obama and the Real World of Power” at Barnes and Noble, 240 Route 22 West, Springfield, from 7-9 p.m. on Friday, Aug. 20.

The Federal Reserve’s Historic Announcement

Mark it down. At 2:15 p.m. on Tuesday, August 10, 2010, the U.S. Federal Reserve made a historic announcement. It signaled that the central bank was going to “preserve the size of its balance sheet.” The announcement didn’t sound all that dramatic, but don’t be fooled. In the two subsequent days, the stock market fell over 300 points, and the price of gold rose $20.