Here are three things you must know at midday on Wednesday, Dec. 13:
1. -- If you're betting the Federal Reserve won't raise interest rates in about two hours or so, you'll be dead wrong, according to economists who predict almost unanimously the central bank will boost interest rates for the third time this year at its meeting on Wednesday.
2. -- The win for Doug Jones in Alabama's special Senate election could not only change the face of the Senate but also disrupt the broader agenda of Donald Trump as he struggles to deliver his first major win legislative before the end of the year.
The loss by Roy Moore signals a setback for Trump, who urged voters to vote for Moore despite sexual misconduct allegations and deny a Senate seat to a Democrat who would be expected to oppose Trump's plans to change the tax laws, among other things. The Republican majority in the Senate will now slip to 51-49 following Jones' victory.
Alabama hadn't sent a Democrat to the Senate since 1992.
Finisar is Apple's second-largest supplier of the laser technology that Apple uses for facial-recognition capabilities in the iPhone X.
Apple's investment came from its $1 billion Advanced Manufacturing Fund.
More of What's Trending on TheStreet: