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Social Security Contribution and Rate Schedule

(percent of covered earnings)Year Retirement survivors,and disability insurance Hospital insurance (%)TotalEmployers and Employees 1978 4.95% 1.10% 6.05%1979–80 5.08 1.05 6.131981 5.35 1.30 6…

Banking in the United States

Here are key moments in the history of U.S. banking 1781 The first U.S. commerical bank is incorporated in Philadelphia, the Bank of North America. 1791 The First Bank of the United…

Arthur Tappan Biography

Arthur Tappan merchant, philanthropist, abolitionist Born: 5/22/1786Birthplace: Northampton, Mass. After a failed attempt in the dry goods business, he and his brother Lewis founded a…

Economy 101

The vocabulary of recession Related Links Business Basics QuizPersonal FinanceNobel Prize for EconomicsLabor and Employment As the U.S. financial system stumbles,…

Federal Budget Glossary

Concise definitions of federal budget related terms by Jennie Wood Related Links Business Basics QuizThe Public DebtNobel Prize for EconomicsLabor and Employment In 2013…

U.S. Avoids Default in 2011 and 2013

What would happen if the U.S. defaults? That's the $14 trillion question.     Related Links Economy 101 Business Basics Quiz Personal Finance Nobel Prize for Economics Labor…

Botswana Department of State Background

U.S. Department of State Background Note Botswana Index: People and History Government and Political Conditions Economy Defense Foreign Relations U.S.-Botswana Relations PEOPLE AND HISTORYThe…