Federal Reserve News Articles

$20 Bill Not $10 $20 Bill, Not $10, To Reveal Face Of Legendary Woman

$20 bill, not $10, will soon have a face of a woman, as Treasury Secretary Jack Lew is expected to make the official announcement this week. Lew announced last summer that he was considering a woman’s portrait for the redesign. […]

Mortgage Rate Jump 4 Percent For Sixth Straight Week

Mortgage rates on 30-year terms have seen a jump close to 4 percent, a rising for the sixth straight week, according to buyer Freddie Mac. That’s up from 3.91% last week and the highest since April 2012. The average rate […]

Japan’s Nikkei Ends With Weekly Gain Of 7% As Dollar Gains Against Yen

Japan’s Nikkei 225 index jumped as much as 3 percent to trade at its highest levels since January 2008 and ends with a weekly gain of 7% as a rally in resources led Australian stocks to close at fresh five-year […]

$100 Bill Redesigned For Counterfeit Security Measures

The new $100 bill will begin circulating a redesigned this fall, according to the Federal Reserve. The redesigned currency will begin circulating on Oct. 8 with new security features. One of the features is a blue, 3-D security ribbon and […]

Gold Price Drop Of 13 Percent In Last Two Trading Days

Gold had its biggest one-day price drop since 1983, after a selling frenzy that began last week picked up speed, plunging $140.30 to $1,361.10 an ounce, a decline of 9 percent. The metal has dropped $200 an ounce, or nearly […]

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