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 JPMorgan said its asset management unit is fully eliminating the use of proxy advisors. The firm will instead use artificial intelligence to aggregate and analyze proxy data. Source
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GameStop Chairman Ryan Cohen. CNBC GameStop has laid out a a massive, all-or-nothing equity incentive for Chairman and CEO Ryan Cohen that will only pay out if the video game retailer’s stock and profits soar to levels far beyond anything it has achieved to date. The board of GameStop granted Cohen performance-based stock options tied […]
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Check out the companies making headlines before the bell: Mobileye — The self-driving systems stock jumped about 11% after the company said it would buy humanoid robot maker Mentee for $900 million. GameStop — Shares rose 2% after the company unveiled its compensation package for CEO Ryan Cohen that included objectives to grow the videogame […]
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