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Burn-One.com, a technology company in Purchase, aims to make this all as easy as booting up your computer.
The Neuberger Museum of Art at the State University of New York at Purchase aims to make these objects more familiar with a new exhibition, "African Shields: Art, Power and Identity".
The Fed's purchases of mortgage-backed securities, demand for which weakened sharply during the financial crisis, fall into this category.Another type of asset purchase aims to boost the economy without creating new money.
The aQuantive purchase aimed to shore up its struggling search engine's ad business.
The Fed's purchases aim to drive down borrowing costs for companies and consumers.
First is what bankers, economists and traders have termed "QE3," a major round of asset purchases aimed at pulling down long-term interest rates.
Mr. Bernanke said on Thursday that the Fed had concluded that such purchases, aimed at reducing long-term interest rates, do less to bolster the economy than the Fed's traditional focus on reducing short-term rates.
Since mid-September, when the Federal Reserve surprised most of Wall Street by not beginning to reduce its monthly bond purchases aimed at stimulating the economy, experts have been busy guessing when the central bank would finally act.
At the last meeting, held Sept. 12-13, the Fed announced a major round of asset purchases aimed at stimulating the economy and pulling down the stubbornly high unemployment rate, which has ranged from 8.1 to 8.3 percent this year.
The mildly reassuring data reduced investors' expectations that the Federal Reserve, which meets on Tuesday, would renew quantitative easing in the form of large debt purchases aimed at stimulating the economy.
If the economy created significantly more positions, the strong numbers would increase the odds that the Federal Reserve will begin in the coming months to taper its $85 billion in monthly bond purchases aimed at stimulating the economy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com