Wall Street Begins Federal Reserve Watch, With Rates Set to Rise

The Federal Reserve seems to be ready for an interest rate hike this week. Economists overwhelmingly agree that the solid jobs report for November released earlier this month was the final signal needed for the Federal Reserve to raise interest rates for the first time in nearly 10 years. In recent appearances, Federal Reserve Officials, including Chairwoman Janet Yellen has strongly indicated that interest rates will rise. The meeting is a 2 day one this time, with the decision announced Wednesday. Amazon (AMZN) is reportedly pulling some brands of hoverboards from its website. According to Swaqway, a major seller of hoverboards, Amazon has started questioning makers about their safety standards. There's no bad blood between Taylor Swift and Apple (AAPL). Apple has won an exclusive streaming deal with Taylor Swift to show a concert film from her world tour.