As Sen. Rand Paul (R-Ky.) travels to California to hold a forum at the Ronald Reagan Presidential Library, Democrats are hitting back at his trip by highlighting comments from former GOP leaders saying the party is out of touch.
Not only would SocGen be shocked if the Fed made any significant policy shift this week, they appear to be finding "belief" in a growth renaissance hard to sustain in light of the dismal reality that keeps getting in the way of 'faith'. Undertaking any policy shifts at this meeting would be akin to driving at night with no headlights, they note, taking the opportunity to slash Q3 and Q4 GDP expectations - pushing off hope for any Taper announcement until late Q1 at its earliest.
The Republican National Committee announced Tuesday it is searching for a new chief technology officer to lead a digital makeover that will put data and technology at the center of its operations. It's part of a broader effort to modernize the party in the wake of its 2012 election losses.
Scientists in Japan believe they have a cure for jet-lag after discovering the brain's 're-set button' Scientists at Kyoto University have edged closer to a cure for jet lag by identifying the "reset button" in the body clock inside the brain.