As many Austinites relish living a healthy lifestyle, it's no surprise that Farmers Markets are a hit in the city. The markets bring fresh foods from locally grown areas to those looking for an alternative to the goods found in the neighborhood grocery store.
Though many cities don't have a farmers market, Austin has had up to five at one time, with the Austin Farmers Market being one...
Pop music is often described in cycles: retro music becomes cool, then gets reprocessed and digested by listeners, until the next big thing comes along. While the 80's are (some would say thankfully) long behind us, the sounds from classic records from the era have likewise experienced a reincarnation. The second installment in this series aims to show how to most easily recreate a classic...
Pop music is often described in cycles: retro music becomes cool, then gets reprocessed and digested by listeners, until the next big thing comes along. While the 80's are (some would say thankfully) long behind us, the sounds from classic records from the era have likewise experienced a reincarnation. The second installment in this series aims to show how to most easily recreate a classic...
In the last week, many encouraging signs have been on the economic radar: The Bush administration has stated that a consensus has been reached about the impending $145 billion economic stimulus package, the Federal Reserve has cut their most important interest rate by the largest margin in a quarter century, and bond insurers are to receive government help in order to guarantee that banks will...
Austin is a great place for families. All year round the city is full of events that cater to its citizens young and old. One of the most popular destinations is First Thursdays on South Congress Avenue where once a month the shops stay open late and the entire street becomes a pedestrian friendly party that the whole family can enjoy. The South Congress Area (or SoCo as it is now called)...
Austin is a great place for families. All year round the city is full of events that cater to its citizens young and old. One of the most popular destinations is First Thursdays on South Congress Avenue where once a month the shops stay open late and the entire street becomes a pedestrian friendly party that the whole family can enjoy. The South Congress Area (or SoCo as it is now called)...
In recent days, the Federal Reserve, the European Central Bank, the Bank of Canada, the Bank of England, and the Swiss National Bank have teamed up to auction $110 billion off to world money markets in order to ease the recent liquidity crisis. But what is liquidity? Why should banks auction off money to deal with it? And how does inflation play into this phenomenon?
Well, for starters,...
On February 14th, a manufactured day devoted to romantic love, Wall Street wasn't interested or feeling any good vibes: The Dow, as well as most of the other major stock markets around the world, finished down on recession fears. Why so spooked? For one, Federal Reserve chairman Ben Bernanke elected to announce that, despite recent encouraging news on the market floor, the sub-prime crisis has...
In recent months, fallout from the sub-prime mortgage scandal has been estimated in the hundreds of billions, up from figures of $100 billion maximum from the Federal Reserve only three months ago. While the Fed has, in an unprecedented move, cut interest rates three consecutive times in as many months, their cuts have always given investors the impression that a later cut was inevitable,...
As a result of the recent sub-prime mortgage scandal, the Federal Reserve has taken many actions to avoid a global credit crisis, which it now aims to further mitigate through tightening the standards that lenders use to determine whether a potential borrower is eligible to receive a mortgage loan. Chairman Ben Bernake has stated that more rigid restrictions would "promote responsible...
