Impact

Fed Rate Hike: Impacts on the US citizens and other countries

Speculation for more than a year has now ended with the Federal Open Market Committee deciding to increase Fed Rate from near zero ( 0 to 0.25%) to the range of 0.25% to 0.5%.  Why the Fed Rate has been in news for more than a year?  The simple answer is that the Fed rate

5 Great ideas:Inventions and discoveries of great impact

The inventions and discoveries around the beginning of the 20th century include aircrafts, atomic energy, vaccination, relativity theory and so on. It was just a beginning. Let us examine other major inventions and discoveries of the period that influenced human life beyond imagination.   Penicillin: Changes the course of medicine. Penicillin was a discovery by