Here's what we are reading this morning:
The Michaels Companies to Close Pat Catan’s Arts & Craft Stores in Fourth Quarter of Fiscal 2018 :: The Michaels Companies, Inc. (MIK)
Fuse Media defaults after missing $12M interest payment
What Does a Flattening Yield Curve Mean for the Real Estate Markets?
Foxconn's Plan to Make TV Panels in Wisconsin Was Never Viable - Bloomberg
Second Circuit Rejects Setoff Between PACA Merchants in Bankruptcy Cases | K&L Gates LLP
Cloud Peak Energy Hires Centerview as Investment Banker - WSJ
Cloud Peak Energy Provides Update on Strategic Alternatives Review | Business Wire
Federal Reserve Board - Federal Reserve issues FOMC statement
Federal Reserve Board - Statement Regarding Monetary Policy Implementation and Balance Sheet Normalization