10 things you need to know today: December 17, 2015


Today’s headlines are here ….. stop by!!

The Fifth Column

AP Photo/Susan Walsh

THE WEEK

1. The Fed raises interest rates for the first time in nearly a decade
The Federal Reserve announced Wednesday that it would raise its benchmark short-term interest rate for the first time since early 2006, citing the ongoing economic recovery from the Great Recession. Global stocks rose Thursday on the news. Fed Chairwoman Janet Yellen said the decision recognizes progress in “restoring jobs, raising incomes, and easing the economic hardships that have been endured by millions of ordinary Americans.” The quarter-point increase to a range of 0.25 percent to 0.50 percent, was expected, and small enough to be seen as an indication that the Fed will nudge rates up slowly, to avoid disrupting the recovery.

Source: The New York Times, Reuters

2. Judge declares mistrial in first Freddie Gray case
Protesters gathered outside a Baltimore courthouse on Wednesday after a judge declared a…

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About Dr. Rex

I'm originally from Puerto Rico. I was born in Santurce and raised in Rio Piedras. Have lived in Florida since 1999. I have a doctorate degree in Medicine; completed in 1976. My Internal Medicine specialty was completed in 1979. Worked for Puerto Rico's health system until 1985. At this time, I'm happily retired after working for the federal government for almost 28yrs. I want to offer any knowledge that I have to anyone "out there" who is interested. My views are liberal in almost every sense. My knowledge is "eclectic" - a bit of everything. Music and reading are my passion. Blogging has also become a very interesting endeavor. Metaphysical topics attract me. I'm interested in news reporting human issues like injustice, discrimination and abuse - the "wrongly" affected. My intention is to bring this knowledge to an understandable level and to help anyone in need. I'm open to questions and will answer them to the best of my ability. Currently working on an enterprise whose main mission will be to bring peoples of all walks of life together. To be one .... since we ALL are ONE!! The future looks bright and promising!!!

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