Category: For What It’s Worth

Now that Canada is pitching its penny, its neighbors to the south can rekindle debates over whether it’s worthwhile making cents.

By Joel Dresang What’s commonly called the Beige Book is formally known as the “Summary of Commentary on Current Economic Conditions by Federal Reserve District.” And that’s a better description. The report, from the Federal Reserve Board, comes out eight times a year, about two weeks before the Federal Open Market Committee meets to talk…

News of stock exchange mergers in Europe and between London and Toronto are further reminders of the global nature of finance. But as we reported in a Money Talk podcast in May 2010, the international influence on Wall Street is longstanding. By Joel Dresang Wall Street – sometimes just called “the street” – actually is…

A windfall is a sudden – usually surprising – gain from circumstances largely beyond one’s control.