Marketplace for Wednesday, October 30, 2013
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The Federal Reserve reaffirmed, to no one's surprise, that its stimulus will continue. So if that's not surprising, why are investors and economists so concerned about when the Fed might decide to "taper?" Also, the National Black Child Development Institute says the conversation around poverty and development goals for the African-American community need to be shifted. And finally, the battle to save coal from President Obama’s alleged War on Coal is now fully engaged. The coal industry and its political supporters have launched their counterattack to EPA rules.
Posted In: wealthy, holiday spending
A study from the American Affluence Research Center finds that families with a net worth of $800,000 or more think the economy's doing great.