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The Bank of North America was granted a monopoly on the issue of bills of credit as currency at the national level. Prior to the ratification of the Articles of Confederation & Perpetual Union, only the States had sovereign power to charter a bank authorized to issue their own bills of credit. Afterwards, Congress also had that power.
The economic history of the United States spans the colonial era through the 21st century. The initial settlements depended on agriculture and hunting/trapping, later adding international trade, manufacturing, and finally, services, to the point where agriculture represented less than 2% of GDP.
This was the deadliest mass shooting in modern U.S. history. November 5, 2017 – A gunman kills 26 people and wounds 22 others at a church in Sutherland Springs, Texas, before killing himself. This was the deadliest mass shooting in Texas history and the deadliest shooting in an American place of worship in modern history.
The 13 British North American provinces of Virginia, Massachusetts Bay, Maryland, Connecticut, Rhode Island and Providence Plantations, New York, New Jersey, New Hampshire, Pennsylvania and Delaware, South Carolina, North Carolina, and Georgia united as the United States of America declare their independence from the Kingdom of Great Britain on ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 23 February 2025. "American history" redirects here. For the history of the continents, see History of the Americas. Further information: Economic history of the United States Current territories of the United States after the Trust Territory of the Pacific Islands was given independence in 1994 This ...
Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which fueled the vicious decline for the ...
There are several types of timeline articles. Historical timelines show the significant historical events and developments for a specific topic, over the course of centuries or millennia. Graphical timelines provide a visual representation for the timespan of multiple events that have a particular duration, over the course of centuries or ...
April 3: According to CNN Money, business sources report lenders made $640 billion in subprime loans in 2006, nearly twice the level three years earlier; subprime loans amounted to about 20 percent of the nation's mortgage lending and about 17 percent of home purchases; financial firms and hedge funds likely own more than $1 trillion in ...