Why did the pound collapse?

As the government stimulates while the Bank of England tightens monetary policy by raising rates, they are also acting as two opposing forces when it would be better for them to coordinate.With most people in the UK still in bed in the…

UBS asks about Credit Suisse

Judging by the latest earnings numbers, banks are operating more efficiently than they have in years. But the sector could soon be heading for difficult ground, notably Credit Suisse. Banks in Europe are mostly operating well at a steady…

Save Rural Arkansas

The Great Depression slowed economic progress across the country to a breakneck pace. As recently as the mid-1930s, nine out of 10 rural homes in the United States had no electricity.According to the National Rural Electric Cooperative…

Randolph native turns 100

For more than 100 years, Audrey Gertrude Smith watched the installation of electricity in her family's farmhouse in Randolphas well as the introduction of indoor plumbing.At one point, his house burned down, forcing Smith and his family to…