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The Interest-Rate Hike

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Finance

Budget Travel Tips

With the bloated cost of airfare and hotels, many people are looking to save on travel however they can. Here are The Onion’s tips for planning a memorable vacation without overspending.

Upcoming Changes To U.S. Currency

Secretary of the Treasury Jack Lew recently announced a series of significant changes to U.S. currency. Here are some of the more notable alterations on the horizon

Head Of IRS Has Personal Filing System To Keep Track Of Nation’s Tax Returns

Commissioner’s Office Cluttered With 100 Million Folders

WASHINGTON—Pointing out the towering stacks of manila folders cluttering his desk and stepping carefully around the millions of forms laid out on his office floor, Commissioner of the Internal Revenue Service John Koskinen showed reporters Thursday his own personal filing system for keeping track of everyone in the nation’s tax returns.

Grandmother Palms Grandson $10 Like She Fixing Boxing Match

NEW BEDFORD, MA—Waiting until her daughter and son-in-law were occupied getting drinks in the kitchen following a family dinner at her home Sunday, local grandmother Ellen Sullivan, 72, is said to have palmed her 11-year-old grandson Jason Tucci $10 like she was fixing a heavyweight boxing match.

Koch Brothers Get Each Other Same Election For Christmas

WICHITA, KS—Chuckling and shaking their heads as they described their annual family gift exchange to reporters, Koch Industries executives Charles and David Koch confirmed Wednesday they had unwittingly gotten each other the same election for Christmas this year.

Budget-Conscious Obamas Strongly Pushing Malia Toward UDC Community College

WASHINGTON—Repeatedly emphasizing the benefits of completing her core requirements at a fraction of the cost of a four-year school, President Barack Obama and First Lady Michelle Obama continued their efforts this week to persuade their 17-year-old daughter, Malia, to attend the University of the District of Columbia Community College.
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The Interest-Rate Hike

Last week, the Federal Reserve raised a key short-term interest rate for the first time in four years. What do you think?
  • "It's about time Greenspan got off his duff and did something other than sit around the office all day analyzing market indicators."

    Danielle Strohkirch Secretary
  • "As long as the rate hike makes it tougher for terrorists to afford the tools of terror, I'll support it."

    Justin Fillmore Dental Hygienist
  • "Perfect. Just perfect. First my wife leaves me, then my son dies in a car accident, and now this?"

    Michael Eighmy Systems Analyst
  • "Classic move by the Fed Chief there. Man, Greenspan—gotta love him."

    Tony Fields Audiologist
  • "The lenders should fight the Feds and refuse to raise the rates. Come on, America. We can do this."

    Jason Forst Performer
  • "How does the Federal Reserve sleep at night? More to the point, how does it stay awake during the day?"

    Christine Cain Veterinarian

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