No Interest Rate Increases for Three Years: Fed

No Interest Rate Increases for Three Years: Fed

In the Federal Reserve’s statement on Wednesday, the central bank’s rate-setting committee projected no interest-rate hikes until the end of 2023. The Fed’s Open Market Committee said that the ongoing public health crisis would continue to weigh on economic activity, employment, and inflation in the near term. While economic activity and jobs have picked up […]

MetLife to Buy Versant Health

MetLife has reached an agreement to buy the managed vision-care company Versant Health from a group of investors led by Centerbridge Partners and including FFL Partners for $1.675 billion in an all-cash transaction. Versant owns the marketplace brands Davis Vision and...

OECD Revises Growth Forecast Upward for 2020

The Organization for Economic Cooperation and Development has raised its forecast for global economic growth in 2020 but cautioned that the recovery from the coronavirus pandemic remains uncertain and fragile. In its latest interim economic assessment released on...
CFOs On the Move: Week Ending September 18

CFOs On the Move: Week Ending September 18

Sean Sullivan Sean Sullivan will become finance chief at SiriusXM on October 26. Sullivan has served as CFO at AMC Networks since 2011. Before that, he was the chief corporate officer at Rainbow Media Holdings, the predecessor of AMC Networks. Earlier in his career,...