Household net worth in the United States rose for the second quarter in a row, growing 5% to an estimated $53.4 trillion in the third quarter, the Federal Reserve said Thursday.
Household wealth takes a dive
Household net worth fell sharply in the second quarter, ending a string of four straight quarters of gains, according to a Federal Reserve report Friday.
Households recovering from economic freefall
The net worth of American households increased slightly during the final three months of 2009, the Federal Reserve said Thursday.
The Fed's $2.2 trillion fire hose
The Federal Reserve threw a lot of money at the crisis to get the gears of the economy turning again, but it may soon be time to collect on the bill.
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