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South Carolina Bar Shooting Leaves at Least 4 Dead, Sheriff Says
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Four people were in critical condition after an early-morning shooting that
left at least 20 people injured on Sunday in St. Helena, S.C., according to
the...
1 hour ago
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WHY ZERO INTEREST; ... Instead, the Federal Reserve slashed benchmark interest rates to near zero, lowering yields for conservative investments like money market funds and pushing frustrated investors into riskier corporate bonds offering higher returns. As demand for those bonds rose, businesses were able to issue more of them than ever, and use the proceeds to pay off old ones coming due soon.
"The Fed encouraged debt refinancing, but we need debt extinguishment," says Boockvar.
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