The Fed’s rate hike was no surprise, considering that futures prices had pegged odds at 100%. What might have surprised some was removal of “accommodative” language from the Fed’s statement. However, the strong economy arguably makes that support unnecessary. more...
In a widely expected move, the Federal Reserve announced its decision to raise interest rates by 25 basis points on Wednesday. The Fed decided to raise the target range for the federal funds rate to 2 to 2.25 percent, citing realized and expected labor market conditions and inflation. more...
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The estate of Chris Cornell has unveiled the previously unreleased song “When Bad Does Good,” as part of a new, career-spanning, four-disc box set, Chris Cornell, featuring 11 previously unreleased songs. Some of the unreleased numbers, including “When Bad Does Good,” will feature on a pared down, single-disc version of the release. Both versions will come out on November 16th. Cornell recorded, produced and mixed the song itself. The track ...
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