In a departure from his predecessor, Fredric Tomczyk has backed away from dealmaking during his first year on the job, opting for a different path to growth for the world's largest options exchange.
A previous version of this article incorrectly stated that a 50-basis-point interest-rate cut from the Federal Reserve on Sept. 18 would be its largest since late 2008. This has been corrected to ...
To be sure, some ground has already been recovered. Thanks to over a year of “real” wage growth, the current gap between wage growth and inflation (2.6 percentage points) marks major improvement from ...