The Fed’s Open Markets Committee will wrap up meetings tomorrow, and it’s expected [markets be ready] to avoid a rate hike but reveal the beginning of a measured shrinking of the Fed’s $4.2 trillion mortgage/Treasury bond portfolio – WSJ and MarketWatch and Bloomberg
Under the terms of a settlement with federal regulators announced yesterday, the National Collegiate Student Loan Trusts—holder of $12 billion in student loan debts originally made by banks—must refund millions to borrowers that it illegally sued and must temporarily halt many of its collection activities altogether – NYTimes and Law360
We know how these things go with breaches—the news tends to get worse before it gets any better. Right, Equifax? – Bloomberg
More aerospace merger news this week, with Northrop Grumman announcing that it will buy missile and satellite-component-maker Orbital ATK for roughly $7.8 billion in cash. The deal comes on the heels of a proposed United Technologies/Rockwell Collins $23 billion deal just weeks ago – NYTimes and WSJ
Streetwise is weighing in on the great cryptocurrency value debate. Spoiler alert: James Mackintosh is far more Dimon than he is Winkelvii – WSJ
Facing the DC Circuit last week, the Department of Labor argued that it was within its congressionally granted rights to promulgate its controversial fiduciary rule for retirement advisers – Law360
In a distinct reversal for the company beset by legal troubles of its own, Uber is on the plaintiff’s side of the v. and is suing advertising agency Fetch Media over alleged mobile ad fraud – Bloomberg
Best Buy is the subject of a glowing feature in the Times on how it has charted a new course and seemingly survived the Amazon steamroller—a far cry from the treatment it received by some in the press just a few years ago – NYTimes
So was the real problem that, want to or not, all the Toys R Us kids actually grew up [and no one else took their place]? – Bloomberg and NYTimes
Leave it to Sweden to once again export exactly what the world needs [?] right now: a fully holographic Agnetha, Bjorn, Benny, and Anni-Frid – Mashable
