Against this backdrop, the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2%. The Committee judges that the case for an increase in the federal funds rate has continued to strengthen but decided, for the time being, to wait for some further evidence of continued progress toward its objectives.
The U.S. Commodity Futures Trading Commission (CFTC) filed and simultaneously settled charges against Wells Fargo Bank N.A. (Wells Fargo) for failing to comply with its obligations to submit accurate large trader reports (LTRs) for physical commodity swap positions, in violation of the Commodity Exchange Act and CFTC Regulations 20.4 and 20.7.
The Chamber of Digital Commerce and technology incubator 1776 have partnered to launch the DC Blockchain Center to serve as Washington, DC’s entrepreneurial resource for technology providers, government contractors and agencies investing and innovating in blockchain-based technologies.
CBOE Holdings Inc. and Bats Global Markets Inc. announced that they have entered into a definitive agreement, which has been approved by the Board of Directors of each company by unanimous votes of the members of the boards present, under which CBOE Holdings has agreed to acquire Bats in a cash and stock transaction valued at approximately $32.50 per Bats share, or a total of approximately $3.2 billion, consisting of 31% cash and 69% CBOE Holdings stock, based on CBOE Holdings’ closing stock price of $70.30 per share on Sept. 23, 2016.
Hi, I'm Howard Lindzon, founder and chairman of StockTwits, and we would love to host you at our 2016 Stocktoberfest. This year we are celebrating the active and passive investors that have pushed U.S. markets to all-time highs.
Against this backdrop, the Committee decided to maintain the target range for the federal funds rate at 1/4 to 1/2%. The Committee judges that the case for an increase in the federal funds rate has strengthened but decided, for the time being, to wait for further evidence of continued progress toward its objectives. The stance of monetary policy remains accommodative, thereby supporting further improvement in labor market conditions and a return to 2% inflation.
Today, more than 1,000 residents and 70 partner organizations from around the Midwest region protested at BP Whiting Refinery, demanding that hazardous fossil fuels stay in the ground and that the Midwest Region accelerate a just transition to 100% renewable energy.