Ahead of FOMC, BOJ decides to focus on yield curve; OECD lowers global GDP outlook; Microsoft announces share repurchase; SEC probes Exxon environmental accounting.
The Federal Reserve and Bank of Japan make hotly awaited monetary policy statements; World Bank hosts panels on pensions and financial inclusion.
Tesla announces bid for SolarCity; Brazil bails out Rio as Olympics near; FedEx earnings beat analyst forecasts.
Some economists say that automation will create widespread job losses, but others argue that mechanization can lead to economic prosperity.
RBA surprises markets by making no rate change; FedEx announces deal to acquire TNT Express; Blackrock merges money market funds to comply with new rules.
Markets focus on FOMC language in today’s release; ruble’s tumble continues; Bank of England stays course.
U.K. unemployment edges down; FedEx releases quarterly results; PBOC takes liquidity action.
FedEx is seeking to allocate about $500 million to its U.S. pension plans in 2012.
An endowed fund has been launched by former Marine Corps commandant general, P Kelley.