Financial news today, May 7, 2014: Major indices slipped on Wednesday on news that the OECD cut its 2014 global forecast for growth by 0.2%.
U.S. Federal Reserve Chair Janet Yellen will testify before the Joint Economic Committee of Congress this morning at 10 a.m. On Thursday, Yellen will appear before the Senate Budget Committee.
Here's what you need to know to make your Wednesday profitable.
Note: The Fed's 2014 taper means volatility ahead. So we've outlined how to find profits in a volatile market - like triple-digit gains in just days - if you start with this strategy...
The real skirmish in Ukraine isn't one that's being reported on by the mainstream media. In fact, it may have already ended the battle in Moscow's favor. It's the "Invisible Front," and according to Money Morning Executive Editor William Patalon III, "we Main Street Americans need to watch it carefully just to protect ourselves..."