The central bank of the U.S. is called the Federal Reserve, or Fed. It provides our country with a secure, stable, and flexible financial and monetary system. The Fed is headed by a Board of Governors comprised of seven members nominated by the President of the United States. The U.S. Senate confirms this nomination and [...]

The WTO, or World Trade Organization, is the only international, global organization that deals with trade rules between nations. WTO agreements, which have been negotiated, signed, and ratified by most of the trading nations in the world, form the foundation of the organization. The primary goal of the WTO is to help exporters, importers, and [...]

Whether you are looking for investment purposes or just as a concerned citizen, there are many places to find economic statistics. Every American should know where the economy stands at any time because it can impact our purchasing and selling decisions. Since economic events outside U.S. boundaries regularly impact domestic decisions, it is important to [...]

It is safe to assume that rising prices are part of our society. It is a rare occasion when we see something actually decrease in price. The general trend of increasing prices for goods and services is called inflation and it affects every one of us. It is not difficult to find general details about [...]

Treasury Bills, also called T-bills, are short-term U.S. government-backed debt obligations. T-bills are offered in $100 denominations to a maximum $5 million purchase and mature in under one year. A competitive bidding process is used to issue them at a discount from their par (face) value. Instead of having fixed interest payments as conventional bonds [...]