However, as a result of acquisitions of North Jersey Media Group and Journal Media Group in 2015, Gannett reported considerably higher circulation numbers in 2016, leading to a 3% improve in total revenue to $748.8 million for the second quarter. Bills of exchange have been developed through the Middle Ages as a way of transferring funds and making payments over lengthy distances with out physically moving giant quantities of valuable metals. From the sixth century BC to the first century AD, the ancient Greeks enumerated six various kinds of loans; personal loans charged curiosity as excessive as 48% per month. The Federal Reserve monitors the U.S. financial system and works to ensure it helps a wholesome, steady financial system. In 600 BC, Pythius grew to become the primary banker that had data, and operated in both Western Anatolia and Greece. The use of cash as a means of representing money started in the years between ( BC).