As expected, the Fed announced yesterday that it was holding current interest rates steady and would be slow to push rates up while the economy tiptoes toward stability. Much more from Chair Yellen and economists’ reaction here – NYTimes and WSJ

Here’s how markets reacted  to the news – WSJ

Meet the “emerging buyers,” a collection of sovereign wealth funds, pension funds, and even private families who have started snapping up pieces of (or entire) companies in moves intended to bypass private equity firms (and their management fees) in the search for returns. Some banks—Goldman among them—are kicking off new groups aimed at guiding these emerging buyers in finding and vetting potential deals – NYTimes

The DOJ is charging current and former Visium hedge fund managers with insider trading over nonpublic information about the FDA’s drug approval process obtained by a former FDA official who was allegedly on a leak retainer of sorts with Visium – NYTimes and WSJ and Law360

We’ve got a Clinton running for the White House.  So why not a Milken in investment news (despite an ongoing ban from securities business) to help bring us firmly back to the 90s – WSJ and Bloomberg

More reaction to MSCI’s decision to leave China’s A shares out of its emerging markets index, including the thought that China’s $7 trillion A-share market is “already too big to ignore” – WSJ

Home Depot’s turning the tables on Visa and Master Card after years of feeling the heat from card companies and banks over its 2014 data breach. The home improvement company is accusing the duo of violating antitrust laws by enacting policies that “push retailers to use chip-and-signature verification for payments, instead of the chip-and-PIN system . . . retailers say is more fraud-resistant” – Law360

LIGO scientists have recorded another chirp from deep space-time (caused by a collision of black holes 1.4 billion years ago), a mind-numbing observation that should help keep things in perspective on a busy Thursday morning – NYTimes

From the [creative? insane?] minds that brought you the Turn Down for What video experience, get ready for Harry Potter as Swiss Army Man.  I’m serious.  Just try to get ready – A24