Exclusive: T-Mobile prepares for Boost auction if Dish Network talks stall – sources
T-Mobile US Inc is preparing an alternative plan if a deal to sell wireless assets to Dish Network Corp falls through, according to two sources...
Fed sees case building for interest rate cuts this year
The U.S. Federal Reserve on Wednesday said it was ready to battle growing global and domestic economic risks with interest rate cuts beginning as early...
U.S. bond market’s inflation gauges rise as Fed hints at rate cuts
The U.S. bond market’s gauges of investors’ inflation views climbed on Wednesday as the Federal Reserve signaled it may lower interest rates later this year...
Papa John’s to invest $80 million in marketing, U.S. franchisees
Papa John’s International Inc, which has been struggling to boost sales, said on Wednesday it would spend $80 million to boost its brand image and...
Slack reference price for direct listing set at $26/share
Slack Technologies Inc’s direct listing price is set at $26 per share, according to a notice on the New York Stock Exchange on Wednesday....
Factbox: What is Slack?
Slack Technologies Inc, whose instant messaging app has taken workplaces by storm, is scheduled to go public via a direct listing on June 20, instead...
DoubleLine’s Gundlach says Fed’s ‘pivot’ is following bond market’s lead
Jeffrey Gundlach, chief executive of DoubleLine Capital and the most widely followed bond investor, said the Federal Reserve’s dovish turn in its policy statement on...
Stocks approach record as Fed soothes Wall Street’s fears
The S&P 500 approached a record high on Wednesday after the Federal Reserve signaled potential interest cuts later this year, reassuring investors worried that the...
Global stocks gain, dollar weakens after Fed signals possible rate cuts
A gauge of global stock markets strengthened on Wednesday, bolstered by gains on Wall Street, and benchmark U.S. Treasury yields and the dollar dropped after...
DoubleLine’s Gundlach: Fed doing ‘what the bond market says – with a lag’
Jeffrey Gundlach, chief executive of Doubleline Capital, said on Wednesday that the Federal Reserve is doing “what the bond market says – with a lag.”...