Gold hits two-and-half year low as Fed flags end to easy money By Jan Harvey LONDON (Reuters) - Gold plunged to its lowest in more than 2-1/2 years on Thursday, with investors exiting in droves after the U.S. Federal Reserve gave its most explicit signal yet that it plans to bring the era of easy money to an end. Fed Chairman Ben Bernanke said on Wednesday the U.S. economy was expanding strongly enough for the central bank to begin slowing the pace of its ...
June 20, 2013 - Reuters via Yahoo! News
Gold tumbles after Fed signals end to easy money By Jan Harvey LONDON (Reuters) - Gold prices tumbled to their lowest in more than 2-1/2 years on Thursday, and silver fell more than 6 percent after the U.S. Federal Reserve gave its most explicit signal yet that it plans to bring the era of easy money to an end. Gold plunged after Fed Chairman Ben Bernanke said on Wednesday the U.S. economy was expanding strongly enough for the central bank to ...
June 20, 2013 - Reuters via Yahoo! News
FTC plans major investigation on patent trolls Patent trolls’ carefree days of easy money might soon be over. The New York Times reports that the Federal Trade Commission is planning to launch a formal investigation into the practices of patent holding firms that buy up patents to use as weapons in intellectual property lawsuits despite the fact that they don’t make any actual products of their own. The Times says that FTC chairwoman Edith ...
June 20, 2013 - BGR News via Yahoo! News