This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in June.
Text removed from the June statement is in red with a horizontal line through the middle.
Text appearing for the first time in the new statement is in red and underlined.
Black text appears in both statements.
Follow along with Federal Reserve Chair Jerome Powell’s press conference here.
Key Points Michael Burry, known for “The Big Short,” said he has owned Valero Energy since 2020. He views the position as being increasingly attractive as the U.S. prepares to take a role in reviving Venezuela’s oil industry. The investor’s comments come after President Donald Trump called on U.S. oil companies to invest in Venezuela […]
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Check out the companies making the biggest moves midday: Oil stocks — Shares of major U.S. oil companies jumped following the U.S. attack on Venezuela that led to the ouster of leader Nicolas Maduro as they are seen as beneficiaries from the rebuild of energy infrastructure in the country. Chevron , which already has a […]
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Key Points JPMorgan launched its Special Advisory Services initiative Monday, which is aimed at providing key clients with access to consulting services drawn from the investment bank’s own practices. The new effort will be led by Liz Myers, who also serves as global chair of investment banking. The company has identified several dozen adjacent capabilities […]
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