The Federal Reserve and four other central banks announced that they will be extending the program that keeps borrowing costs cheap for foreign banks that want to deal in United States dollars.This is to try to lower the cost of shprt term borrowing.This program was only supposed to be extended to February 2013 but got extended to February 2014.This was worked out with many European central banks.The bank of Japan is still deciding if they are extending the program as well.

In New York City, workers from several different food chains like McDonald's,KFC, Burger King,Starbucks,and Jimmy Johns were protesting their working conditions.They wanted to be able to unionize and they want higher wages.They want to raise the pay from about $8.75 an hour to $15 an hour.New York Communities for Change have organized several protests across the city to get the workers these two things.These workers are barely making ends meet, and want to do something about it; but these workers are expected to go back to work tomorrow.

This article is about the debate between the Democratic and Republican parties over the tax-hike mandate. Rep. Chris Van Hollen, who's part of the House Democratic team, said that Obama is going to raise taxes for the rich. The Bush tax cuts are ending as well as a trillion dolllars worth of spending cuts. If these cuts ended that apply to a single person's income over $200,000 and married couples' income over $250,000; income taxes would increase by 3.6%. Obama's official position is that he isn't going to sign an extension of tax cuts for those whose income is over a quarter of a million. Republicans want to know what Obama's definition of 'wealthy' is and who falls under that caregory.

Google accidentally released their third quarter earnings early. Google's stock fell 9%. All of their numbers for sales and profit were lower than analysts expected. Earnings per share were lower than analysts expected; it only came in at $9.03 instead of the expected $10.65. Also, the amount of money Google's advertising partners pay per click went down 15%. Despite this, sales did rise 45% over the year.