The deal gives Medtronic access to a market for a heart failure treatment that is expected to grow in the mid-to-high single digits through 2017.
Real estate firm Foxtons and the easyJet airline both predict negative fallout from the U.K.'s vote to leave the European Union.
The banks' projected capital cushions in the event of a severe recession all exceeded the Fed's minimum requirements.
The surprising decline reflects uncertainty over the global economy that is likely to be magnified by the U.K.'s "Brexit" vote.
Defying pollsters' prognostications, nearly two-thirds of tweets from the U.K. in the days before the vote indicated support for leaving the EU.
To prevent a hard landing, China needs to avoid overbuilt industries and direct investment to sectors that have the ability to raise productivity.
'Volatility in financial markets and a moderating outlook in labor markets could pose downside risks to growth,' said a CB director.
Initial claims for unemployment benefits fell last week to the lowest level since April, 259,000.
The Fund reduces its forecast from 2.4% in April and says there is a "clear case" for the Fed to proceed cautiously on interest rates.
The entrepreneur says the $2.8 billion deal will turn Tesla into the world’s only vertically-integrated energy company.