Financial Services

admin December 19, 2018

Bloomberg News/Landov Fed Chairman Jerome Powell arrives at a board meeting in October. Defying the wishes of President Donald Trump, the Federal Reserve on Wednesday raised its benchmark interest rate, although the central bank did lower its forecast for how many more increases will be needed in the future. The central bank now pencils […]

admin December 19, 2018

A previous version of this column misstated a conclusion regarding differences between extreme liberals’ and extreme conservatives’ capacity to change their minds when confronted with new information in one of the experiments conducted. The column has been updated. Jeffrey Greenberg/UIG via Getty Images The new study helps explain the growing polarization of politics in […]

admin December 19, 2018

The only Santa Claus Rally that enjoys strong historical support doesn’t arrive on Wall Street until right after Christmas. That’s important to keep in mind as beleaguered bulls look to Santa to resurrect the stock market, which is having a miserable December. For the first half of this month, the Dow Jones Industrial Average […]