And rebels. Human Rights Groups say about a thousand people have been killed so far this month. 25 years after the lockerbie bombing are remembering victims. 273 people were killed when pan a. M. Flight exploded over scotland. A kink in holidays travel plans, the system is prompting warnings from the east coast to the plains states. That includes ice, snow and reports of tornados. Those are the headlines. Real money is up next on Al Jazeera America. You can always find us online at Al Jazeera America aljazeera. Com. Its the beginning of the end for the fed stimulus program. I will tell you what that means for mortgage rates, the broader economy and you. Taxes in america, sure, the rich get hit hard but the middle class and the poor shoulder their share, too. I will break it down for you. Also, the boss is watching you. American workers under surveillance on the job like never before. And what you dont know about tracking technology, i am ali velshi, and this is real money. This is real
Federal reserve indicates a vote of confidence in economic recovery. The fed announced a 10 billion pull back starting in january on its 85 billion monthly bond purchases that have boosted the economy. The stockmarket rallied after the news was announced. Here is what ben bernanke in his last conference as fed chair had to say about the feds thinking economy. Todays policy actions reflect the committees assessment that the economy is continuing to make progress and it has much farther to travel before conditions can be judged normal. Notably despite head winds, we expect grope growth will pick up in coming quarters. The fed has been expected to start to taper its monetary stimulus. Interest rates were inching upwards with mortgages rise to go an average of 4. 24 . Up a full percentage from may. Thats near historic lows. Lower borrowing costs have helped fuel a spectacular Housing Market six years after it collapsed. Rates will continue to rise in 2014 as the fed decides to taper even m
Join our live conversation for the next half hour on twitter on facebook, facebook. Com aj. Real money. The big decision from the Federal Reserve indicates a vote of confidence in economic recovery. The fed announced a 10 billion pull back starting in january on its 85 billion monthly bond purchases that have boosted the economy. The stockmarket rallied after the news was announced. Here is what ben bernanke in his last conference as fed chair had to say about the feds thinking economy. Todays policy actions reflect the committees assessment that the economy is continuing to make progress and it has much farther to travel before conditions can be judged normal. Notably despite head winds, we expect grope growth will pick up in coming quarters. The fed has been expected to start to taper its monetary stimulus. Interest rates were inching upwards with mortgages rise to go an average of 4. 24 . Up a full percentage from may. Thats near historic lows. Lower borrowing costs have helped fuel
In an unprecedented request from the region’s largest annual fireworks show, Big Bang Boom president Don Wisnieski asked the City of Norfolk for $25,000 in annual funding during the city