New $100 bill debut is postponed

new_100_bill.top.jpgThe new $100 bill. By Aaron Smith, staff writer


NEW YORK (CNNMoney.com) -- The American public is just going to have to wait for its redesigned Benjamins, the Federal Reserve said on Friday.

The Federal Reserve was planning to release a newly-designed $100 bill on Feb. 10, 2011. But that date has been pushed back due to unforeseen problems with the design, which incorporates anti-counterfeiting technology.

The government agency said that the Bureau of Engraving and Printing has identified a problem with "sporadic creasing of the paper during printing of the new $100 note," which was not apparent during extensive pre-production testing.

The Federal Reserve said that a new issue date for the re-designed bills will be announced at a later date. To top of page

Frontline troops push for solar energy
The U.S. Marines are testing renewable energy technologies like solar to reduce costs and casualties associated with fossil fuels. Play
25 Best Places to find rich singles
Looking for Mr. or Ms. Moneybags? Hunt down the perfect mate in these wealthy cities, which are brimming with unattached professionals. More
Fun festivals: Twins to mustard to pirates!
You'll see double in Twinsburg, Ohio, and Ketchup lovers should beware in Middleton, WI. Here's some of the best and strangest town festivals. Play
Index Last Change % Change
Dow 16,963.29 -19.30 -0.11%
Nasdaq 4,446.21 1.30 0.03%
S&P 500 1,975.10 -3.81 -0.19%
Treasuries 2.47 -0.02 -0.72%
Data as of 11:10am ET
Company Price Change % Change
Frontier Communicati... 6.96 1.01 17.09%
Windstream Holdings ... 12.36 1.83 17.38%
AT&T Inc 36.96 1.31 3.67%
CenturyLink Inc 40.76 3.05 8.09%
Apple Inc 98.55 -0.47 -0.47%
Data as of 10:55am ET

Sections

UBS is the latest major bank to get sucked into a U.S. probe over 'dark pool' trading venues. More

New annual report from U.S. government shows the long-term prognosis for Medicare has improved thanks to slower health spending, while the outlook for Social Security remains unchanged. More

These niche sectors are attracting attention -- and, more importantly, money -- from small business lenders. More

Steve Mason, a pastor from California, inherited more than $100,000 in student loan debt when his 27-year-old daughter died suddenly in 2009. With interest and late penalties, the debt has since ballooned to $200,000. More

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.