Biggest single-day point decline everA trader on the floor of the New York Stock Exchange on Sept. 29, 2008. That day the Dow Jones industrial average sank 777.68 points, or 6.98 percent, its biggest single-day point decline ever.
Oil Prices IncreaseHigh oil prices
Egyptian President steps down
Libyan conflict begins
President Obama ratchets up sanctions on Libya
Oil prices pass $90/barrel
Affordable Care ActOn March 23, 2010, President Obama signed the Affordable Care Act. The law expands health coverage and puts in place comprehensive health insurance reforms that will roll out over four years and beyond, with most changes taking place in 2014.
Oil SpillFederal government declared a fisheries disaster for the states of Alabama, Mississippi and Louisiana.Initial cost estimates to the fishing industry were $2.5 billion.
Stop of selling paper saving bondsAs of January 1, 2012, we stopped selling paper savings bonds through over-the-counter channels. This will save an estimated $70 million over the next five years.
Stop Trading on Congressional Knowledge Act (STOCK)April 4, 2012 – President Obama signs the Stop Trading on Congressional Knowledge Act (STOCK) into law
Government ShutdownTwo million liters of U.S. beer, wine, and distilled spirits were not shipped during that time because the Treasury Department's Alcohol and Tobacco Tax and Trade Bureau could not issue export certificates.
College SavingsAs of June this year, the average college savings account almost doubled to $20,671 with total assets topping $244 billion