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Two major players in the retirement research space – the Center for Retirement Research at Boston College and the Employee Benefit Research Institute – recently issued their takes on the impact of rising interest rates on retirement prospects.
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Kenya is still reeling from the attack on the Westgate mall in Nairobi in which 67 people were killed. Al Shabaab claimed responsibility, saying it was demanding that Kenyan troops withdraw from Somalia where they have battled the group.
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The night of violence continued with a carjacking and a wild eight-mile chase – with the suspects lobbing explosives out the window of the stolen vehicle at police cars tailing the pair, authorities said. Here, police draw their guns during the search for the suspect on April 19, 2013.
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Yellen, an advocate for aggressive action to stimulate U.S.economic growth through low interest rates and large-scale bondpurchases, would succeed Fed chairman Ben Bernanke, whose secondterm ends on Jan. 31.
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