Federal Reserve Is Almost Certain to Raise Interest Rates Today

The Federal Reserve meets today and is widely expected to raise interest rates for the first time in almost 10 years. The Central Bank will also issue a statement along with its decision that may shed some light on when and under what conditions, the Fed would continue to raise benchmark rates. Toyota (TM) is expecting to sell more than 10 million vehicles in 2016, which is little changed from what it expects to sell this year. Sales at that level would keep Toyota as the world's top selling automaker. Auto sales in major markets, such as the United States and Japan, weren't expected to grow significantly, according to Toyota. Global Payment technology company Global Payments (GPN) agreed to buy Heartland Payment Systems (HPY) for $3.8 billion in cash and stock, a deal that expands Global Payments reach among midsize and small merchants.