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Financial Meltdown 101
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Thursday, April 02
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Financial Meltdown 101 is a continuing series
The Associated Press explains terms and issues concerning the slumping U.S. economy in the continuing Meltdown 101 series.
Search the Rome News-Tribune archives by clicking here to find previous installments in the series.
And check back for the latest updates as the financial crisis continues.
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Meltdown 101: Rising savings could slow recovery
WASHINGTON (AP) — The personal savings rate, which was hovering near zero just a year ago, is now at the highest level in more than a decade as a severe recession causes Americans to tighten their belts.
What does this rate say about the recession? And can the economy recover if...
[Read full story]
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Meltdown 101: The new financial rules and you
Proposed new regulations outlined Thursday by the Obama administration would rein in financial services companies like never before.
If passed by Congress, the rules would give the government new powers to take over insurance companies and strictly regulate the largest financial service...
[Read full story]
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Meltdown 101: Durable goods and the economy
What do a helicopter, a boxcar full of aluminum and your dishwasher have in common?
All three are durable goods — a category of big-ticket items that saw an unexpected increase in factory orders in February. Together, they play a big role in the nation's economic health.
The Commerce...
[Read full story]
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Meltdown 101: Will China global currency idea fly?
WASHINGTON (AP) — China's central bank has called for the creation of a new global currency as an alternative to the dollar, in the latest sign of that country's growing assertiveness on the international stage. But would the idea even work?
Economists said the proposal is feasible, at...
[Read full story]
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More Headlines
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Meltdown 101: What are toxic assets?
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Meltdown 101: The Fed's $1T consumer loan plan
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Meltdown 101: How will the Fed lower rates?
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Financial Meltdown 101: AIG, its past, present and future
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Financial Meltdown 101: Will gas prices stay put for long?
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Meltdown 101: Understanding uptick rule
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Meltdown 101: Big drugmakers deal in down economy
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Meltdown 101: Can tech industry save the economy?
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Meltdown 101: Battered stocks put 'blue-chip' label in doubt
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