Why are markets and the media so obsessed with the timing of the Federal Reserve's next interest-rate increase? The sheer intensity of their attention, I think, reveals a deeper problem: They don't understand what the Fed is ultimately trying to achieve.
You never actually own a synagogue. You merely take care of it for the next generation. That’s the essence of a 106-page court decision that’s transferred control of the historic Touro synagogue in Newport, from a New York City congregation to a local one seeking to revive the institution’s religious life.