Wednesday, December 15, 2021

The Federal Reserve signals multiple rate hikes are coming in 2022 as it moves to fight inflation

The Federal Reserve will wrap up its pandemic-era stimulus program faster and expects to raise interest rates more in 2022 than projected in September.
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The Federal Reserve signals multiple rate hikes are coming in 2022 as it moves to fight inflation
The Federal Reserve will wrap up its pandemic-era stimulus program faster and expects to raise interest rates more in 2022 than projected in September. Read more »
 
Stocks rise even as Fed signals three rate hikes next year
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Is the Federal Reserve blowing its best chance to fight inflation?
The Federal Reserve, faced with the highest jump in inflation in almost four decades, is preparing to pivot. Read more »
 
Wall Street has fallen in love with bowling
"Bowling for Dollars" was a popular 1970s game show. The company that owns the Professional Bowlers Association, as well as hundreds of bowling alleys across the country, is now getting ready to put that idea to the test. Read more »
 
Elon Musk calls Elizabeth Warren 'Senator Karen' in fight over taxes
Senator Elizabeth Warren and Tesla CEO Elon Musk are in the middle of a full-scale Twitter war. Warren called the world's richest person a freeloader for paying $0 in income taxes in recent years. Musk responded with a series of personal attacks, calling Warren "Senator Karen" and claiming his income tax bill is about to be the largest in US history. Read more »
 
Holiday shopping gets off to a disappointingly sluggish start
Americans shopped less than expected in November, new data from the Census Bureau showed Wednesday. Read more »
 
 
 
 
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