Here are the headlines you Need 2 Know for Wednesday, January 15, 2020:
SPOILER ALERT!
* JEOPARDY ‘GOAT’: Ken Jennings is officially the greatest Jeopardy! player of all time. Jennings won the primetime tournament on the Final Jeopardy question about who has the most speeches of a non-title character in a Shakespeare tragedy (the answer: Iago from Othello). WATCH
Wealthy individuals and industry leaders are driving soaring sports team valuations, fueled by private equity and growing interest in leagues like the WNBA.
The incoming Fed decision will likely be good news for consumers with high-yield saving options, but bad news for borrowers (like anyone with high credit debt).
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Inflation is still high, and economic activity is starting to slow down. But before you start to panic about stagflation, wait to see this week’s jobs report.