“In short, we try to steer X to be ‘responsibly irresponsible’ as we develop new products,” Teller wrote in an online essay published Thursday.
“The picture in the second quarter is one of strong and accelerating progress against our strategy,” CEO Jes Staley said in a statement. “We remain confident that it is the right plan for Barclays, and see no reason to adjust it, or the pace of delivery, in light of the vote by the U.K. last month to exit the EU.”
“The ongoing softness of growth in the second quarter will no doubt add to calls for policymakers to err on the side of caution and as such greatly reduces the chance of any rate hike before December,” said Chris Williamson, an analyst with IHS Markit.
An EPA-led contractor inadvertently triggered a spill of 3 million gallons of wastewater from the Gold King last August while doing preliminary cleanup work
A spokesman for the chain, Chris Arnold, said in an email Thursday that the company’s first Tasty Made burger restaurant will open in this fall in Lancaster, Ohio
THE NUMBERS: Applications for unemployment benefits rose 14,000 to a seasonally adjusted 266,000, the Labor Department said Thursday. The four-week average, a less volatile measure, slipped 1,000 to 256,500.
“Taken together they suggest that the immediate impact of the U.K. vote has been muted and the hit to 2016 growth may be limited,” said Cathal Kennedy, European economist at RBC Capital Markets.
Mortgage giant Freddie Mac says the average for the benchmark 30-year fixed-rate mortgage rose to 3.48 percent from 3.45 percent last week. The average rate is down sharply from 3.98 percent a year ago.