Bloomberg reported that the Federal Reserve increased the benchmark interest rate by a quarter percentage point from 1.75% to 2%.
According to Bloomberg, when making the increase, the Fed referred to “further gradual increases” instead of “adjustments,” indicating that as inflation rises, the Fed will make additional hikes this year.
A favorite question of the year-end issue is, “What lies ahead?” In the U.S., Canada, Latin America, Europe and China, expect continued industry growth that, in some cases, lacks the gusto of 2018. Trends to watch include the impact of... read more
Have you ever been driving on a highway when the driver in front of you suddenly slams on the brakes? This happened to me recently, and I immediately hit my brakes, checked my mirrors and prayed that the guy behind... read more