Word: federales
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It used to be that markets waited anxiously to see what the Federal Reserve would decide about short-term interest rates. These days that's a given: rates are stuck between 0% and 0.25% for the foreseeable future. Instead, the only real news one can hope for out of a...
When the FOMC emerged from a two-day meeting on June 24, though, it didn't even offer a definite signal on that. "There's clearly a debate going on within the Fed as to what they should do next, and there's no need to make a decision yet...
• On the danger of using home equity to pay off nonhome debt: "A recent Federal Reserve report estimates that of the trillions of dollars in real home equity cashed out between 2001 and 2007, homeowners used $874 billion to pay off non-mortgage debt - in effect rolling consumer debt...
Why Less Would Be More Americans tend to assume that more is better, especially when it comes to the heroic brand of try-everything medicine we've watched on ER and House M.D. But overtreatment is a national scandal. It's bad for our health: with medical errors now estimated...
Florida's HSR boosters say its rail project could create as many as 20,000 jobs. In addition to the $1.5 billion in stimulus money to fund the 100-mile Orlando-Tampa line, which will likely use the more eco-friendly electric TGV trains popular in Europe, Florida will look...