The Federal Reserve kept interest rates unchanged while the DEA moved to reclassify marijuana as a less restrictive Schedule III drug, expected to drive growth in the cannabis industry. In corporate news, HSBC CEO Noel Quinn stepped down after the bank's shares grew during his tenure, Boeing whistleblower Joshua Dean passed away after accusing the 737 Max of defects, and Apple announced a massive $110 billion share buyback despite a drop in iPhone sales.
Macro Recap:
Fed Chair Powell Announces Nothing as He Keeps the Interest Rates The Same (CNBC) (NYT)
Smokey Biden Says Yes To Marijuana (UT) (AP)
Corporate World Recap:
HSBC Waves Farewell to CEO Noel Quinn (RT) (CNBC)
Second Boeing Whistleblower Passes Away in the Last 3 Months (NPR) (UT)
Apple Buys Back Record $110 billion in Shares After Declining Sales Quarter (RT) (CNBC)
