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Investigation of D.C.-Wall Street Corruption Hits Yet Another Roadblock

There’s a new twist in an ongoing U.S. Securities and Exchange Commission probe into D.C.-Wall Street corruption.

For months now, the SEC has been investigating whether anyone in the federal government leaked inside information to a Washington-based investment research firm. And now up to 44 hedge funds that may have traded on that inside information are under close scrutiny.

This Week’s FOMC Meeting: Words Are Everything

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Since December 2013, the U.S. Federal Reserve’s Federal Open Market Committee (FOMC) meeting has been a routine exercise couched in humdrum Fedspeak and muted discussions on future monetary policy.

But with the meetings happening today (Tuesday) and tomorrow, it’s becoming clear that the Fed can’t stick to the same script for much longer, and at some point, the nation’s central bank is going to have to come clean on when it plans to raise interest rates from its near-zero levels.