US Household Net Worth Plunges
The Federal Reserve said today that household net worth has fallen for the past six consecutive quarters including a record 9 percent in the fourth quarter of last year. More
Bank of America Claims Return to Profitability
Bank of America – the third largest bank in the US – claims that it realized a profit in the first two months of the year and that it can survive the current recession with no further aid from the taxpayer. More
Swiss Franc Falls as Government Announces Intervention
Canadian Dollar Gets Lift From Crude Oil Prices
Crude oil for April delivery gained over three dollars today boosting the Canadian dollar to 1.2826 per US dollar compared to 1.2852 at yesterday’s close. More
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