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Judge Stalls Justice Dept. Effort to Seek New Comey Indictment NY TimesJudge blocks prosecutors' access to James Comey's lawyer's emails and data PoliticoJudge blocks access to emails seized from James Comey's lawyer The Washington PostJudge rules evidence linked to James Comey's ally is off limits to DOJ Fox News
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Alexandre Pantoja releases statement after gruesome injury ends title reign at UFC 323 MMA FightingPantoja injured in opening seconds; Van wins title ESPNUFC 323 video: Joshua Van ends Alexandre Pantoja era with gruesome freak injury in 26 seconds Yahoo SportsAlexandre Pantoja vs. Joshua Van Prediction, Pick, Odds for UFC 323 (Saturday, December 6) Action Network
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The standard advice is to hold off, but most retirees claim the benefit as soon as they can, at age 62. Here's what to know when you're planning the unplannable.
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The Federal Reserve served up a widely expected third consecutive jumbo rate hike when it concluded its regularly scheduled two-day meeting on Wednesday. Chair Jerome Powell and the rest of the Federal Open Market Committee (FOMC) raised the federal funds rate by 75 basis points. (A basis point equals 0.01%.)
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Although the move matched consensus expectations, a significant portion of the bond market - and plenty of traders and tacticians, for that matter - were bracing for a whopping 100 bp rate hike. Uncertainty over just how hawkish the Fed would reveal itself to be has cast a pall on equities over the preceding weeks, and so a rate hike of "only" three-quarters of a percentage point was actually met with some relief. Stocks sold off sharply when the Fed released its statement at 2 p.m. Eastern, but then drifted back into positive territory during Powell's press conference, which began a half-hour later.
Ultimately, however, the major indexes finished in the red. That's because the Fed's bottom line is that inflation is by no means under control. And while there might be ample anecdotal and emotional evidence pointing to the contrary, the economy is simply running too hot. An imbalance in supply and demand in the labor market and related strong real wage growth, snarled supply chains and a rising dollar are just some of the factors confounding monetary policymakers - not to mention corporate revenues and profit margins.
As we've
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