The top U.S. intelligence official on Tuesday said he was skeptical that a new cyber U.S.-China cyber agreement would slow a growing torrent of cyber attacks on U.S. computer networks, and said his approach will be to "trust but verify."
Pope Francis and President Barack Obama are set to hold private talks at the White House on Wednesday before the pontiff parades through streets of Washington on the first full day of his first visit to the United States.
Not raising rates took many by surprise. After all, our economy is plugging along and rates have never been held this low for so long, etc., etc. I am sure there is some sound concern regarding what is going on in China and elsewhere, as there should be, as a justification for not raising them. But is there more here than meets the eye?
As part of the Dodd-Frank Wall Street Reform and Consumer Protection Act, Congress mandated that the CFTC adopt limits to address the risk of excessive speculation in physical commodity derivative contracts.
The Federal Reserve has just announced that its target for the federal funds rate will be kept at 0%. It has now been at 0% since Dec. 16, 2008. I stated as far back as 2010 (and often since) that the Federal Reserve can never allow interest rates to rise again due to the massive amount of debt that this system has created. Most people called me crazy.